Mutual of America Capital Management LLC lessened its position in Jabil, Inc. (NYSE:JBL – Free Report) by 3.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,309 shares of the technology company’s stock after selling 428 shares during the period. Mutual of America Capital Management LLC’s holdings in Jabil were worth $2,685,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of the company. Mather Group LLC. grew its holdings in shares of Jabil by 5.4% during the second quarter. Mather Group LLC. now owns 1,186 shares of the technology company’s stock worth $259,000 after buying an additional 61 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of Jabil by 2.9% during the second quarter. UMB Bank n.a. now owns 2,191 shares of the technology company’s stock worth $478,000 after buying an additional 62 shares in the last quarter. Groupe la Francaise grew its holdings in shares of Jabil by 35.2% during the first quarter. Groupe la Francaise now owns 246 shares of the technology company’s stock worth $34,000 after buying an additional 64 shares in the last quarter. Keeley Teton Advisors LLC grew its position in Jabil by 0.3% in the first quarter. Keeley Teton Advisors LLC now owns 25,398 shares of the technology company’s stock valued at $3,456,000 after purchasing an additional 64 shares in the last quarter. Finally, Concurrent Investment Advisors LLC grew its position in Jabil by 3.8% in the second quarter. Concurrent Investment Advisors LLC now owns 1,835 shares of the technology company’s stock valued at $400,000 after purchasing an additional 67 shares in the last quarter. Institutional investors own 93.39% of the company’s stock.
Analyst Ratings Changes
A number of research analysts recently weighed in on JBL shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a research report on Tuesday, October 14th. UBS Group set a $241.00 target price on shares of Jabil in a research report on Sunday, September 28th. Stifel Nicolaus started coverage on shares of Jabil in a research report on Wednesday, July 2nd. They issued a “buy” rating and a $245.00 target price for the company. JPMorgan Chase & Co. raised their target price on shares of Jabil from $214.00 to $256.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Finally, Zacks Research downgraded shares of Jabil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $248.43.
Jabil Trading Up 3.0%
Shares of NYSE:JBL opened at $212.69 on Friday. Jabil, Inc. has a 52-week low of $108.66 and a 52-week high of $237.14. The company has a market capitalization of $22.72 billion, a P/E ratio of 35.69, a price-to-earnings-growth ratio of 1.47 and a beta of 1.26. The company has a 50-day simple moving average of $210.09 and a 200 day simple moving average of $193.86. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.66 and a current ratio of 1.00.
Jabil (NYSE:JBL – Get Free Report) last issued its earnings results on Thursday, September 25th. The technology company reported $1.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by ($0.93). Jabil had a net margin of 2.20% and a return on equity of 68.63%. The firm had revenue of $8.30 billion during the quarter, compared to analyst estimates of $7.63 billion. During the same quarter last year, the business posted $2.30 earnings per share. The company’s revenue for the quarter was up 18.5% on a year-over-year basis. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. Sell-side analysts forecast that Jabil, Inc. will post 8.05 earnings per share for the current year.
Jabil Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Monday, November 17th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Monday, November 17th. Jabil’s dividend payout ratio (DPR) is currently 5.37%.
Insider Activity
In related news, EVP Matthew Crowley sold 3,877 shares of Jabil stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $202.59, for a total transaction of $785,441.43. Following the completion of the sale, the executive vice president owned 58,736 shares of the company’s stock, valued at approximately $11,899,326.24. The trade was a 6.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Chairman Mark T. Mondello sold 40,000 shares of Jabil stock in a transaction dated Friday, October 17th. The stock was sold at an average price of $207.77, for a total transaction of $8,310,800.00. Following the sale, the chairman directly owned 1,258,942 shares of the company’s stock, valued at $261,570,379.34. The trade was a 3.08% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 106,533 shares of company stock valued at $22,336,025 in the last ninety days. 1.73% of the stock is currently owned by insiders.
Jabil Company Profile
Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).
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