Ascentis Independent Advisors grew its position in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 98.2% in the 1st quarter, Holdings Channel reports. The institutional investor owned 5,260 shares of the technology company’s stock after acquiring an additional 2,606 shares during the period. Ascentis Independent Advisors’ holdings in Jabil were worth $1,397,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in JBL. Greenline Wealth Management LLC acquired a new stake in Jabil in the fourth quarter valued at approximately $28,000. Virtus Advisers LLC bought a new position in shares of Jabil during the 4th quarter valued at $32,000. DV Equities LLC bought a new position in shares of Jabil during the 4th quarter valued at $34,000. Wilkerson Advisory Group LLC acquired a new stake in shares of Jabil in the 4th quarter valued at $34,000. Finally, Leonteq Securities AG acquired a new position in Jabil during the fourth quarter worth $42,000. Institutional investors and hedge funds own 93.39% of the company’s stock.
Insider Buying and Selling at Jabil
In related news, Director Anousheh Ansari sold 2,000 shares of the company’s stock in a transaction on Friday, April 10th. The stock was sold at an average price of $300.00, for a total value of $600,000.00. Following the completion of the transaction, the director directly owned 31,800 shares in the company, valued at approximately $9,540,000. This represents a 5.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Andrew Priestley sold 3,169 shares of Jabil stock in a transaction on Monday, April 20th. The stock was sold at an average price of $330.00, for a total transaction of $1,045,770.00. Following the sale, the executive vice president owned 57,098 shares in the company, valued at $18,842,340. This represents a 5.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 34,981 shares of company stock valued at $10,539,610 in the last quarter. 1.35% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
Check Out Our Latest Report on Jabil
Jabil Trading Down 0.9%
Shares of JBL stock opened at $338.21 on Tuesday. The firm has a market capitalization of $35.44 billion, a P/E ratio of 42.22, a price-to-earnings-growth ratio of 1.02 and a beta of 1.28. Jabil, Inc. has a 1 year low of $189.60 and a 1 year high of $428.93. The firm’s fifty day simple moving average is $360.19 and its 200 day simple moving average is $294.04. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17.
Jabil (NYSE:JBL – Get Free Report) last issued its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.06. The firm had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The business’s revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.55 EPS. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. As a group, sell-side analysts predict that Jabil, Inc. will post 11.71 EPS for the current year.
Jabil Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Friday, May 15th were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, May 15th. Jabil’s dividend payout ratio (DPR) is presently 4.00%.
Jabil 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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