Darwin Wealth Management LLC increased its stake in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 49,133.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,862 shares of the technology company’s stock after buying an additional 8,844 shares during the quarter. Darwin Wealth Management LLC’s holdings in Jabil were worth $2,354,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of JBL. Sequoia Financial Advisors LLC raised its stake in Jabil by 7.5% in the first quarter. Sequoia Financial Advisors LLC now owns 8,689 shares of the technology company’s stock valued at $2,308,000 after purchasing an additional 604 shares in the last quarter. Hsbc Holdings PLC increased its holdings in Jabil by 8.5% in the 1st quarter. Hsbc Holdings PLC now owns 295,692 shares of the technology company’s stock valued at $78,175,000 after buying an additional 23,234 shares during the period. Range Financial Group LLC raised its position in shares of Jabil by 2.2% in the 1st quarter. Range Financial Group LLC now owns 2,613 shares of the technology company’s stock valued at $694,000 after buying an additional 56 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of Jabil by 9.4% during the 1st quarter. Kestra Advisory Services LLC now owns 3,846 shares of the technology company’s stock worth $1,022,000 after acquiring an additional 329 shares during the period. Finally, Resona Asset Management Co. Ltd. lifted its holdings in shares of Jabil by 0.9% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 33,432 shares of the technology company’s stock worth $8,774,000 after acquiring an additional 311 shares during the period. 93.39% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other news, EVP Andrew Priestley sold 3,169 shares of the business’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $330.00, for a total value of $1,045,770.00. Following the transaction, the executive vice president directly owned 57,098 shares of the company’s stock, valued at $18,842,340. The trade was a 5.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Matthew Crowley sold 94 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $345.00, for a total value of $32,430.00. Following the sale, the executive vice president owned 57,536 shares in the company, valued at approximately $19,849,920. The trade was a 0.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 11,023 shares of company stock valued at $3,546,969 over the last quarter. Company insiders own 1.35% of the company’s stock.
Jabil Price Performance
Jabil (NYSE:JBL – Get Free Report) last released its 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 business 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 company’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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, research analysts expect that Jabil, Inc. will post 11.71 EPS for the current year.
Jabil Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Friday, May 15th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Friday, May 15th. Jabil’s dividend payout ratio (DPR) is currently 4.00%.
Analyst Ratings Changes
A number of brokerages recently issued reports on JBL. Weiss Ratings raised shares of Jabil from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 1st. Robert W. Baird raised their target price on Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a report on Thursday, June 18th. Bank of America reiterated a “buy” rating and issued a $470.00 price target on shares of Jabil in a research note on Thursday, June 18th. Wall Street Zen lowered Jabil from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 11th. Finally, JPMorgan Chase & Co. lifted their target price on Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $453.67.
Check Out Our Latest Research Report on JBL
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.
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