Independent Advisor Alliance grew its stake in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 67.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 12,452 shares of the technology company’s stock after purchasing an additional 5,004 shares during the quarter. Independent Advisor Alliance’s holdings in Jabil were worth $2,704,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of the stock. Primecap Management Co. CA increased its stake in Jabil by 0.7% during the 2nd quarter. Primecap Management Co. CA now owns 3,410,410 shares of the technology company’s stock valued at $743,810,000 after purchasing an additional 24,650 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Jabil by 2.3% during the second quarter. Geode Capital Management LLC now owns 2,893,485 shares of the technology company’s stock worth $628,519,000 after buying an additional 65,949 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Jabil by 5.9% during the second quarter. JPMorgan Chase & Co. now owns 2,302,307 shares of the technology company’s stock valued at $502,133,000 after buying an additional 129,212 shares during the last quarter. Boston Partners increased its position in shares of Jabil by 224.4% in the 2nd quarter. Boston Partners now owns 1,898,681 shares of the technology company’s stock valued at $414,119,000 after acquiring an additional 1,313,338 shares during the period. Finally, Norges Bank acquired a new position in shares of Jabil in the 2nd quarter valued at $323,338,000. 93.39% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Jabil
In other news, EVP Steven D. Borges sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of $235.00, for a total transaction of $2,350,000.00. Following the sale, the executive vice president directly owned 90,524 shares in the company, valued at $21,273,140. This trade represents a 9.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Adam E. Berry sold 1,596 shares of the company’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $253.20, for a total value of $404,107.20. Following the completion of the transaction, the senior vice president directly owned 18,920 shares of the company’s stock, valued at $4,790,544. The trade was a 7.78% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 181,107 shares of company stock worth $42,042,614. 1.35% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
View Our Latest Stock Analysis on Jabil
Jabil Trading Up 2.6%
Jabil stock opened at $243.42 on Tuesday. The firm has a market cap of $25.70 billion, a PE ratio of 37.86, a P/E/G ratio of 1.51 and a beta of 1.25. Jabil, Inc. has a 12 month low of $108.66 and a 12 month high of $258.05. The stock’s 50 day simple moving average is $229.96 and its two-hundred day simple moving average is $218.85. The company has a current ratio of 0.99, a quick ratio of 0.67 and a debt-to-equity ratio of 1.77.
Jabil (NYSE:JBL – Get Free Report) last posted its earnings results on Wednesday, December 17th. The technology company reported $2.85 earnings per share for the quarter, beating the consensus estimate of $2.70 by $0.15. Jabil had a net margin of 2.26% and a return on equity of 75.96%. The firm had revenue of $8.31 billion during the quarter, compared to analyst estimates of $8.07 billion. During the same period in the previous year, the firm earned $2.00 EPS. The business’s quarterly revenue was up 18.7% on a year-over-year basis. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS. Analysts anticipate that Jabil, Inc. will post 8.05 earnings per share for the current year.
Jabil Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 17th will be given a $0.08 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. Jabil’s dividend payout ratio is 4.98%.
About Jabil
Jabil Inc (NYSE: JBL) is a global manufacturing solutions provider specializing in electronic manufacturing services (EMS) and diversified products across a wide range of industries. The company partners with original equipment manufacturers to deliver design engineering, supply chain management, precision manufacturing, and aftermarket services. Jabil’s expertise spans sectors such as healthcare, automotive, clean technology, telecommunications, consumer electronics, and packaging, enabling it to support both high-volume production and complex, mission-critical applications.
Founded in 1966 by William E.
See Also
- Five stocks we like better than Jabil
- The day the gold market broke
- Forget AI, This Will Be the Next Big Tech Breakthrough
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
- Gold’s getting scarce.
- End of America Update
Want to see what other hedge funds are holding JBL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jabil, Inc. (NYSE:JBL – Free Report).
Receive News & Ratings for Jabil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jabil and related companies with MarketBeat.com's FREE daily email newsletter.
