Jabil (NYSE:JBL) Stock: Insider Gary Schick Sells 1,000 Shares

Jabil, Inc. (NYSE:JBL) SVP Gary Schick sold 1,000 shares of Jabil stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $277.16, for a total transaction of $277,160.00. Following the transaction, the senior vice president directly owned 37,314 shares in the company, valued at $10,341,948.24. This trade represents a 2.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Jabil Price Performance

Shares of Jabil stock opened at $274.12 on Friday. Jabil, Inc. has a 52-week low of $189.60 and a 52-week high of $428.93. The stock has a market capitalization of $28.73 billion, a price-to-earnings ratio of 28.03, a price-to-earnings-growth ratio of 0.80 and a beta of 1.30. The company has a fifty day moving average of $304.50 and a 200-day moving average of $328.72. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.65 and a current ratio of 0.99.

Jabil (NYSE:JBL) last issued its earnings results on Wednesday, September 30th. The technology company reported $4.40 EPS for the quarter, topping analysts’ consensus estimates of $4.05 by $0.35. The company had revenue of $10.62 billion for the quarter, compared to analysts’ expectations of $9.69 billion. Jabil had a net margin of 2.90% and a return on equity of 89.50%. The firm’s revenue was up 28.6% compared to the same quarter last year. During the same quarter last year, the company earned $3.29 EPS. Jabil has set its Q1 2027 guidance at 3.800-4.200 EPS and its FY 2027 guidance at 17.550-17.550 EPS. Equities research analysts expect that Jabil, Inc. will post 16.53 EPS for the current year.

Jabil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 2nd. Stockholders of record on Monday, November 16th will be issued a $0.08 dividend. The ex-dividend date is Monday, November 16th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil’s payout ratio is currently 3.27%.

Institutional Trading of Jabil

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Citizens Financial Group Inc. RI raised its holdings in Jabil by 109.7% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 3,164 shares of the technology company’s stock worth $908,000 after acquiring an additional 1,655 shares during the last quarter. Fifth Third Wealth Advisors LLC boosted its stake in Jabil by 8.1% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 1,807 shares of the technology company’s stock valued at $518,000 after purchasing an additional 136 shares during the last quarter. Inspire Investing LLC increased its holdings in shares of Jabil by 13.0% in the 3rd quarter. Inspire Investing LLC now owns 20,692 shares of the technology company’s stock worth $5,936,000 after purchasing an additional 2,386 shares in the last quarter. MBL Wealth LLC bought a new stake in shares of Jabil in the 3rd quarter worth $305,000. Finally, Root Financial Partners LLC raised its stake in shares of Jabil by 24.9% in the third quarter. Root Financial Partners LLC now owns 782 shares of the technology company’s stock worth $224,000 after purchasing an additional 156 shares during the last quarter. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Analyst Upgrades and Downgrades

JBL has been the subject of a number of recent research reports. UBS Group reissued a “buy” rating on shares of Jabil in a research note on Thursday, October 8th. Weiss Ratings lowered Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, September 16th. The Goldman Sachs Group decreased their price target on Jabil from $482.00 to $375.00 and set a “buy” rating on the stock in a research note on Tuesday, September 8th. JPMorgan Chase & Co. lifted their price target on Jabil from $425.00 to $430.00 and gave the stock an “overweight” rating in a research note on Thursday, October 1st. Finally, Argus reaffirmed a “buy” rating and issued a $475.00 target price on shares of Jabil in a research note on Thursday, October 1st. Two investment analysts have rated the stock with a Strong Buy rating and nine have given a Buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $434.22.

Jabil Company Profile

Jabil Inc is a global manufacturing services company that helps leading brands design, produce and manage the supply chains for a wide range of products. Its services include product design and engineering, electronics and mechanical manufacturing, assembly, testing, packaging, supply chain management and aftermarket services.

The company serves customers across several industries, including cloud and data center infrastructure, automotive, healthcare, mobility, consumer products, industrial technology and packaging.