Envestnet Asset Management Inc. boosted its position in Jabil, Inc. (NYSE:JBL – Free Report) by 9.1% during the third quarter, HoldingsChannel reports. The fund owned 311,883 shares of the technology company’s stock after buying an additional 25,932 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Jabil were worth $67,732,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JBL. Integrated Wealth Concepts LLC raised its position in shares of Jabil by 34.4% in the first quarter. Integrated Wealth Concepts LLC now owns 2,811 shares of the technology company’s stock valued at $382,000 after purchasing an additional 720 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Jabil by 70.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,320 shares of the technology company’s stock valued at $2,493,000 after acquiring an additional 7,602 shares during the period. Focus Partners Wealth raised its holdings in Jabil by 20.0% during the 1st quarter. Focus Partners Wealth now owns 4,967 shares of the technology company’s stock valued at $676,000 after acquiring an additional 829 shares during the period. Geneos Wealth Management Inc. lifted its position in shares of Jabil by 50.0% during the first quarter. Geneos Wealth Management Inc. now owns 582 shares of the technology company’s stock worth $79,000 after acquiring an additional 194 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in shares of Jabil in the second quarter worth $78,000. Institutional investors own 93.39% of the company’s stock.
Insiders Place Their Bets
In related news, Chairman Mark T. Mondello sold 50,000 shares of Jabil stock in a transaction on Friday, December 19th. The shares were sold at an average price of $225.32, for a total value of $11,266,000.00. Following the sale, the chairman owned 1,171,459 shares in the company, valued at $263,953,141.88. The trade was a 4.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Frederic E. Mccoy sold 22,011 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $224.93, for a total value of $4,950,934.23. Following the transaction, the executive vice president owned 100,376 shares in the company, valued at $22,577,573.68. This trade represents a 17.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 181,529 shares of company stock worth $42,145,485 in the last quarter. 1.35% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
Check Out Our Latest Research Report on Jabil
Jabil Price Performance
JBL stock opened at $258.29 on Monday. The firm has a 50 day simple moving average of $232.99 and a two-hundred day simple moving average of $219.44. The stock has a market cap of $27.27 billion, a PE ratio of 40.17, a P/E/G ratio of 1.65 and a beta of 1.24. Jabil, Inc. has a one year low of $108.66 and a one year high of $260.56. The company has a debt-to-equity ratio of 1.77, a current ratio of 0.99 and a quick ratio of 0.67.
Jabil (NYSE:JBL – Get Free Report) last posted its quarterly earnings data 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 for the quarter, compared to analysts’ expectations of $8.07 billion. During the same quarter last year, the company posted $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. On average, analysts predict that Jabil, Inc. will post 8.05 EPS for the current fiscal year.
Jabil Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil’s dividend payout ratio (DPR) is presently 4.98%.
Jabil Company Profile
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.
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