Winnow Wealth LLC Sells 4,266 Shares of Jabil, Inc. $JBL

Winnow Wealth LLC reduced its stake in Jabil, Inc. (NYSE:JBL) by 86.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 676 shares of the technology company’s stock after selling 4,266 shares during the period. Winnow Wealth LLC’s holdings in Jabil were worth $155,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC grew its position in shares of Jabil by 34.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,811 shares of the technology company’s stock valued at $382,000 after acquiring an additional 720 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Jabil by 70.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,320 shares of the technology company’s stock worth $2,493,000 after purchasing an additional 7,602 shares during the period. Focus Partners Wealth lifted its stake in Jabil by 20.0% in the first quarter. Focus Partners Wealth now owns 4,967 shares of the technology company’s stock valued at $676,000 after purchasing an additional 829 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in Jabil by 50.0% in the first quarter. Geneos Wealth Management Inc. now owns 582 shares of the technology company’s stock valued at $79,000 after purchasing an additional 194 shares during the last quarter. Finally, Jump Financial LLC bought a new position in Jabil during the second quarter valued at $488,000. Institutional investors own 93.39% of the company’s stock.

Insider Activity

In other news, Director Anousheh Ansari sold 2,000 shares of the business’s stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $300.00, for a total transaction of $600,000.00. Following the completion of the transaction, the director owned 31,800 shares of the company’s stock, valued at approximately $9,540,000. The trade was a 5.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP May Yee Yap sold 1,634 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $306.74, for a total transaction of $501,213.16. Following the completion of the transaction, the senior vice president owned 23,787 shares in the company, valued at approximately $7,296,424.38. This trade represents a 6.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 37,981 shares of company stock worth $11,360,740. Company insiders own 1.35% of the company’s stock.

Jabil Stock Up 2.9%

JBL opened at $363.56 on Tuesday. The firm has a market capitalization of $38.36 billion, a P/E ratio of 48.80, a price-to-earnings-growth ratio of 1.83 and a beta of 1.28. Jabil, Inc. has a one year low of $175.07 and a one year high of $384.70. The company has a fifty day moving average price of $330.72 and a 200-day moving average price of $272.22. The company has a debt-to-equity ratio of 2.50, a current ratio of 1.01 and a quick ratio of 0.68.

Jabil (NYSE:JBL) last issued its quarterly earnings data on Wednesday, March 18th. The technology company reported $2.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.51 by $0.18. The company had revenue of $8.28 billion for 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 revenue was up 23.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.94 earnings per share. Equities research analysts expect that Jabil, Inc. will post 11.3 earnings per share for the current fiscal year.

Jabil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Friday, May 15th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Friday, May 15th. Jabil’s dividend payout ratio (DPR) is 4.30%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Barclays lifted their price objective on Jabil from $283.00 to $304.00 and gave the stock an “overweight” rating in a report on Wednesday, March 18th. UBS Group increased their target price on shares of Jabil from $244.00 to $254.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 10th. Weiss Ratings downgraded shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. JPMorgan Chase & Co. boosted their price target on shares of Jabil from $270.00 to $300.00 and gave the company an “overweight” rating in a research report on Thursday, March 12th. Finally, Zacks Research cut shares of Jabil from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $303.38.

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.