BridgePort Financial Solutions LLC grew its position in Jabil, Inc. (NYSE:JBL – Free Report) by 54.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 6,205 shares of the technology company’s stock after purchasing an additional 2,196 shares during the quarter. BridgePort Financial Solutions LLC’s holdings in Jabil were worth $1,347,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in JBL. Ashton Thomas Private Wealth LLC lifted its position in Jabil by 1.2% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 4,120 shares of the technology company’s stock valued at $899,000 after acquiring an additional 48 shares in the last quarter. Assetmark Inc. raised its stake in shares of Jabil by 45.8% in the second quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock worth $34,000 after purchasing an additional 49 shares during the last quarter. Savant Capital LLC lifted its holdings in shares of Jabil by 0.9% during the third quarter. Savant Capital LLC now owns 5,828 shares of the technology company’s stock valued at $1,266,000 after purchasing an additional 54 shares in the last quarter. AlphaCore Capital LLC boosted its position in shares of Jabil by 1.8% during the second quarter. AlphaCore Capital LLC now owns 3,263 shares of the technology company’s stock valued at $712,000 after buying an additional 57 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its position 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 valued at $41,000 after buying an additional 59 shares during the last quarter. Hedge funds and other institutional investors own 93.39% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have weighed in on JBL. Zacks Research raised Jabil from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 2nd. Raymond James Financial reissued a “strong-buy” rating on shares of Jabil in a report on Thursday, December 18th. JPMorgan Chase & Co. increased their price objective on shares of Jabil from $260.00 to $270.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. Wall Street Zen downgraded shares of Jabil from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Finally, Barclays increased their price target on Jabil from $267.00 to $283.00 and gave the company an “overweight” rating in a report on Thursday, December 18th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $263.71.
Jabil Stock Up 3.0%
Shares of JBL stock opened at $265.99 on Tuesday. 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, Inc. has a 12 month low of $108.66 and a 12 month high of $266.56. The stock has a market cap of $28.09 billion, a P/E ratio of 41.37, a P/E/G ratio of 1.65 and a beta of 1.24. The company has a 50 day simple moving average of $234.11 and a two-hundred day simple moving average of $219.78.
Jabil (NYSE:JBL – Get Free Report) last issued its quarterly earnings results on Wednesday, December 17th. The technology company reported $2.85 earnings per share for the quarter, topping the consensus estimate of $2.70 by $0.15. The business had revenue of $8.31 billion for the quarter, compared to analysts’ expectations of $8.07 billion. Jabil had a net margin of 2.26% and a return on equity of 75.96%. The company’s revenue was up 18.7% compared to the same quarter last year. During the same quarter last year, the company posted $2.00 EPS. 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, research analysts expect that Jabil, Inc. will post 8.05 earnings per share for the current year.
Jabil Dividend Announcement
The business also recently declared 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 yield of 0.1%. Jabil’s dividend payout ratio is presently 4.98%.
Insider Buying and Selling
In other news, EVP Steven D. Borges sold 10,000 shares of Jabil 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 transaction, the executive vice president directly owned 90,524 shares of the company’s stock, valued at $21,273,140. The trade was a 9.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Michael Dastoor sold 15,000 shares of the stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $246.91, for a total transaction of $3,703,650.00. Following the completion of the sale, the chief executive officer directly owned 262,566 shares of the company’s stock, valued at $64,830,171.06. This represents a 5.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 181,529 shares of company stock worth $42,145,485 over the last ninety days. 1.35% of the stock is owned by corporate insiders.
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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