Advisors Asset Management Inc. Sells 1,879 Shares of Jabil, Inc. $JBL

Advisors Asset Management Inc. cut its stake in shares of Jabil, Inc. (NYSE:JBL) by 27.4% in the 2nd quarter, HoldingsChannel reports. The fund owned 4,967 shares of the technology company’s stock after selling 1,879 shares during the quarter. Advisors Asset Management Inc.’s holdings in Jabil were worth $1,083,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. GFG Capital LLC bought a new position in shares of Jabil during the second quarter worth approximately $26,000. Traub Capital Management LLC acquired a new position in Jabil in the 2nd quarter valued at $33,000. Assetmark Inc. grew its holdings in Jabil by 45.8% in the 2nd quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock valued at $34,000 after buying an additional 49 shares in the last quarter. Westside Investment Management Inc. increased its position in Jabil by 757.1% during the 2nd quarter. Westside Investment Management Inc. now owns 180 shares of the technology company’s stock worth $39,000 after buying an additional 159 shares during the period. Finally, Hantz Financial Services Inc. lifted its holdings in shares of Jabil by 45.4% during the second quarter. Hantz Financial Services Inc. now owns 189 shares of the technology company’s stock worth $41,000 after buying an additional 59 shares in the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Wall Street Zen upgraded shares of Jabil from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 3rd. Raymond James Financial set a $260.00 price objective on shares of Jabil in a research note on Thursday, September 25th. Zacks Research lowered shares of Jabil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. Barclays raised their target price on shares of Jabil from $223.00 to $267.00 and gave the stock an “overweight” rating in a report on Friday, September 26th. Finally, UBS Group set a $241.00 price target on Jabil in a research note on Sunday, September 28th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $248.43.

Jabil Stock Performance

NYSE JBL opened at $210.90 on Monday. The firm’s 50 day simple moving average is $209.50 and its 200 day simple moving average is $206.47. The firm has a market capitalization of $22.53 billion, a price-to-earnings ratio of 35.39, a P/E/G ratio of 1.58 and a beta of 1.26. The company has a current ratio of 1.00, a quick ratio of 0.66 and a debt-to-equity ratio of 1.57. Jabil, Inc. has a 1 year low of $108.66 and a 1 year high of $237.14.

Jabil (NYSE:JBL) last announced its quarterly earnings data on Thursday, September 25th. The technology company reported $3.29 EPS for the quarter, beating the consensus estimate of $2.92 by $0.37. The business had revenue of $8.25 billion during the quarter, compared to the consensus estimate of $7.63 billion. Jabil had a net margin of 2.20% and a return on equity of 68.63%. The company’s revenue was up 18.5% on a year-over-year basis. During the same period in the previous year, the business earned $2.30 earnings per share. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. As a group, research analysts expect that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.

Jabil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Monday, November 17th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Monday, November 17th. Jabil’s dividend payout ratio is currently 5.37%.

Insiders Place Their Bets

In other news, CFO Gregory B. Hebard sold 6,086 shares of the firm’s stock in a transaction that occurred on Tuesday, October 28th. The shares were sold at an average price of $213.54, for a total value of $1,299,604.44. Following the sale, the chief financial officer directly owned 58,526 shares in the company, valued at approximately $12,497,642.04. This trade represents a 9.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP May Yee Yap sold 8,858 shares of Jabil stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $225.03, for a total transaction of $1,993,315.74. Following the sale, the senior vice president directly owned 25,421 shares in the company, valued at $5,720,487.63. This trade represents a 25.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 131,762 shares of company stock valued at $27,886,321 over the last ninety days. 1.73% of the stock is owned by insiders.

About Jabil

Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).