Jabil, Inc. $JBL Shares Acquired by Oak Thistle LLC

Oak Thistle LLC increased its holdings in shares of Jabil, Inc. (NYSE:JBL) by 142.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,514 shares of the technology company’s stock after purchasing an additional 4,418 shares during the quarter. Oak Thistle LLC’s holdings in Jabil were worth $1,632,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of JBL. GFG Capital LLC purchased a new position in Jabil during the second quarter worth about $26,000. Traub Capital Management LLC acquired a new position in shares of Jabil in the 2nd quarter worth approximately $33,000. Groupe la Francaise boosted its position in shares of Jabil by 35.2% during the 1st quarter. Groupe la Francaise now owns 246 shares of the technology company’s stock worth $34,000 after purchasing an additional 64 shares during the period. Assetmark Inc. boosted its position in shares of Jabil by 45.8% during the 2nd quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock worth $34,000 after purchasing an additional 49 shares during the period. Finally, Westside Investment Management Inc. increased its holdings in Jabil by 757.1% in the 2nd quarter. Westside Investment Management Inc. now owns 180 shares of the technology company’s stock valued at $39,000 after purchasing an additional 159 shares during the last quarter. 93.39% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Chairman Mark T. Mondello sold 20,000 shares of Jabil stock in a transaction on Monday, December 1st. The shares were sold at an average price of $212.20, for a total transaction of $4,244,000.00. Following the completion of the sale, the chairman directly owned 1,221,459 shares of the company’s stock, valued at approximately $259,193,599.80. The trade was a 1.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP May Yee Yap sold 8,858 shares of the business’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $225.03, for a total transaction of $1,993,315.74. Following the transaction, the senior vice president owned 25,421 shares of the company’s stock, valued at approximately $5,720,487.63. The trade was a 25.84% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 131,762 shares of company stock worth $28,129,921. 1.73% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Barclays upped their price target on Jabil from $223.00 to $267.00 and gave the stock an “overweight” rating in a research note on Friday, September 26th. Bank of America raised their target price on Jabil from $255.00 to $262.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Raymond James Financial set a $260.00 target price on Jabil in a research report on Thursday, September 25th. Wall Street Zen raised shares of Jabil from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 3rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Jabil in a research note on Tuesday, October 14th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $249.43.

Jabil Price Performance

Shares of NYSE JBL opened at $216.14 on Thursday. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 0.66. The company has a market cap of $23.09 billion, a price-to-earnings ratio of 36.26, a price-to-earnings-growth ratio of 1.51 and a beta of 1.26. The stock’s 50-day moving average is $210.87 and its two-hundred day moving average is $211.05. Jabil, Inc. has a 1-year low of $108.66 and a 1-year high of $237.14.

Jabil (NYSE:JBL) last announced its quarterly earnings data on Wednesday, December 17th. The technology company reported $2.85 EPS for the quarter, topping analysts’ consensus estimates of $2.70 by $0.15. Jabil had a return on equity of 68.63% and a net margin of 2.20%.The business had revenue of $8.31 billion during the quarter, compared to the consensus estimate of $8.07 billion. During the same period in the previous year, the company posted $2.00 earnings per share. The business’s revenue for the quarter 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. Analysts forecast that Jabil, Inc. will post 8.05 EPS for the current fiscal year.

Jabil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th were given a $0.08 dividend. The ex-dividend date of this dividend was Monday, November 17th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. Jabil’s dividend payout ratio is currently 5.37%.

About Jabil

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).