Janney Montgomery Scott LLC Sells 1,620 Shares of Jabil, Inc. $JBL

Janney Montgomery Scott LLC lowered its position in Jabil, Inc. (NYSE:JBL) by 32.7% in the 1st quarter, Holdings Channel reports. The firm owned 3,336 shares of the technology company’s stock after selling 1,620 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Jabil were worth $886,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Integrated Wealth Concepts LLC grew its position in Jabil by 34.4% in 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 last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Jabil by 70.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,320 shares of the technology company’s stock valued at $2,493,000 after purchasing an additional 7,602 shares during the period. Focus Partners Wealth grew its holdings in shares of Jabil by 20.0% in the first quarter. Focus Partners Wealth now owns 4,967 shares of the technology company’s stock worth $676,000 after purchasing an additional 829 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in Jabil by 50.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 582 shares of the technology company’s stock worth $79,000 after buying an additional 194 shares during the period. Finally, Jump Financial LLC bought a new stake in Jabil during the 2nd quarter valued at about $488,000. Institutional investors own 93.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on JBL. JPMorgan Chase & Co. raised their target price on shares of Jabil from $395.00 to $450.00 and gave the stock an “overweight” rating in a research report on Thursday, June 18th. UBS Group lifted their target price on Jabil from $380.00 to $430.00 and gave the company a “neutral” rating in a research report on Thursday, June 18th. Weiss Ratings upgraded Jabil from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 1st. Wall Street Zen downgraded Jabil from a “strong-buy” rating to a “buy” rating in a report on Saturday, April 11th. Finally, Argus set a $475.00 target price on shares of Jabil in a report on Thursday, June 18th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $453.67.

Jabil Trading Down 2.5%

JBL opened at $322.01 on Tuesday. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17. The firm has a market cap of $33.74 billion, a price-to-earnings ratio of 40.20, a PEG ratio of 0.99 and a beta of 1.28. Jabil, Inc. has a 12 month low of $189.60 and a 12 month high of $428.93. The stock has a fifty day moving average price of $359.12 and a 200-day moving average price of $297.60.

Jabil (NYSE:JBL) last issued its quarterly earnings data 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 company had revenue of $8.75 billion for the quarter, compared to the consensus estimate of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter last year, the company earned $2.55 earnings per share. 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, equities research analysts anticipate that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.

Jabil Announces Dividend

The company also recently disclosed 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 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Friday, May 15th. Jabil’s payout ratio is 4.00%.

Insider Activity at Jabil

In other Jabil news, EVP Matthew Crowley sold 94 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $345.00, for a total value of $32,430.00. Following the completion of the sale, the executive vice president directly owned 57,536 shares in the company, valued at $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP May Yee Yap sold 1,634 shares of the stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $306.74, for a total value of $501,213.16. Following the sale, the senior vice president owned 23,787 shares of the company’s stock, valued at approximately $7,296,424.38. This represents a 6.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 11,023 shares of company stock valued at $3,546,969 over the last three months. Company insiders own 1.35% of the company’s stock.

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.