Global Retirement Partners LLC Has $590,000 Stake in Jabil, Inc. $JBL

Global Retirement Partners LLC trimmed its position in shares of Jabil, Inc. (NYSE:JBL) by 36.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,586 shares of the technology company’s stock after selling 1,510 shares during the quarter. Global Retirement Partners LLC’s holdings in Jabil were worth $590,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Sierra Summit Advisors LLC purchased a new stake in Jabil in the 4th quarter valued at $939,000. Leonteq Securities AG purchased a new stake in Jabil in the 4th quarter valued at $42,000. ABN Amro Investment Solutions purchased a new stake in Jabil in the 4th quarter valued at $734,000. Banque Cantonale Vaudoise raised its position in Jabil by 2,581.2% in the 4th quarter. Banque Cantonale Vaudoise now owns 5,282 shares of the technology company’s stock valued at $1,204,000 after buying an additional 5,085 shares during the last quarter. Finally, Jag Capital Management LLC raised its position in Jabil by 24.8% in the 4th quarter. Jag Capital Management LLC now owns 1,765 shares of the technology company’s stock valued at $402,000 after buying an additional 351 shares during the last quarter. 93.39% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

JBL has been the subject of a number of analyst reports. Wall Street Zen lowered Jabil from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 11th. The Goldman Sachs Group increased their price target on Jabil from $336.00 to $384.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Stifel Nicolaus increased their price target on Jabil from $255.00 to $290.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. Weiss Ratings lowered Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Finally, Robert W. Baird increased their price target on Jabil from $275.00 to $281.00 and gave the company an “outperform” rating in a research report on Thursday, March 19th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $303.38.

Jabil Stock Down 2.5%

JBL stock opened at $370.80 on Thursday. The company has a debt-to-equity ratio of 2.50, a quick ratio of 0.68 and a current ratio of 1.01. The company has a market capitalization of $39.12 billion, a price-to-earnings ratio of 49.77, a PEG ratio of 1.97 and a beta of 1.29. Jabil, Inc. has a fifty-two week low of $164.69 and a fifty-two week high of $381.94. The stock has a fifty day moving average of $314.73 and a 200-day moving average of $263.28.

Jabil (NYSE:JBL) last posted its quarterly earnings results on Wednesday, March 18th. The technology company reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.51 by $0.18. The company had revenue of $8.28 billion during the quarter, compared to the consensus estimate of $7.75 billion. Jabil had a return on equity of 80.96% and a net margin of 2.48%.The firm’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.94 EPS. As a group, equities research analysts predict that Jabil, Inc. will post 11.3 earnings per share for the current year.

Jabil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Friday, May 15th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s dividend payout ratio is 4.30%.

Insider Buying and Selling at Jabil

In other Jabil news, Director Anousheh Ansari sold 2,000 shares of the firm’s stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $300.00, for a total value of $600,000.00. Following the sale, the director owned 31,800 shares of the company’s stock, valued at $9,540,000. This trade represents a 5.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Steven D. Borges sold 5,126 shares of the firm’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $317.51, for a total value of $1,627,556.26. Following the completion of the sale, the executive vice president directly owned 71,398 shares in the company, valued at approximately $22,669,578.98. The trade was a 6.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 37,981 shares of company stock worth $11,360,740 in the last three months. 1.35% of the stock is currently 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.