Inspire Investing LLC Buys 2,386 Shares of Jabil, Inc. $JBL

Inspire Investing LLC raised its stake in Jabil, Inc. (NYSE:JBL) by 13.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,692 shares of the technology company’s stock after acquiring an additional 2,386 shares during the quarter. Inspire Investing LLC’s holdings in Jabil were worth $5,936,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. MBL Wealth LLC acquired a new stake in Jabil during the 3rd quarter worth approximately $305,000. Root Financial Partners LLC grew its holdings in Jabil by 24.9% in the 3rd quarter. Root Financial Partners LLC now owns 782 shares of the technology company’s stock valued at $224,000 after buying an additional 156 shares in the last quarter. Reyes Financial Architecture Inc. acquired a new position in Jabil in the 3rd quarter valued at $41,000. Range Financial Group LLC increased its position in Jabil by 3.2% during the 3rd quarter. Range Financial Group LLC now owns 2,115 shares of the technology company’s stock worth $607,000 after buying an additional 65 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its position in Jabil by 2.2% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 15,417 shares of the technology company’s stock worth $4,423,000 after buying an additional 328 shares during the period. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on JBL shares. UBS Group reaffirmed a “buy” rating on shares of Jabil in a research report on Thursday, October 8th. JPMorgan Chase & Co. lifted their price objective on shares of Jabil from $425.00 to $430.00 and gave the stock an “overweight” rating in a research note on Thursday, October 1st. Weiss Ratings downgraded shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, September 16th. Argus restated a “buy” rating and set a $475.00 target price on shares of Jabil in a research report on Thursday, October 1st. Finally, Barclays lowered their target price on shares of Jabil from $426.00 to $378.00 and set an “overweight” rating on the stock in a report on Thursday, October 1st. Two equities research analysts have rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $434.22.

Jabil Stock Performance

JBL opened at $274.12 on Friday. The firm has a market cap of $28.73 billion, a P/E ratio of 28.03, a price-to-earnings-growth ratio of 0.80 and a beta of 1.30. Jabil, Inc. has a 52-week low of $189.60 and a 52-week high of $428.93. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.65 and a current ratio of 0.99. The business’s fifty day moving average is $304.50 and its 200-day moving average is $328.72.

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

Jabil Dividend Announcement

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

Insider Transactions at Jabil

In related news, SVP Gary Schick sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $277.16, for a total transaction of $277,160.00. Following the completion of the transaction, the senior vice president directly owned 37,314 shares in the company, valued at $10,341,948.24. This represents a 2.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.35% of the stock is currently owned by corporate insiders.

About Jabil

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.