Aware Super Pty Ltd as trustee of Aware Super Sells 41,104 Shares of Jabil, Inc. $JBL

Key Points

• Aware Super Pty Ltd reduced its stake in Jabil, Inc. by 18.1%, selling 41,104 shares during the second quarter, which leaves them with 185,890 shares valued at approximately $40.5 million.
• Analysts have shown optimism for Jabil, with price target increases from various firms; JPMorgan Chase & Co. raised its target from $214.00 to $256.00, reflecting a positive outlook on the stock.
• Despite missing earnings estimates in the last quarter, Jabil reported a revenue increase of 18.5% year-over-year, reaching $8.30 billion, further emphasizing its growth potential.

Aware Super Pty Ltd as trustee of Aware Super lowered its position in shares of Jabil, Inc. (NYSE:JBL - Free Report) by 18.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 185,890 shares of the technology company's stock after selling 41,104 shares during the period. Aware Super Pty Ltd as trustee of Aware Super owned 0.17% of Jabil worth $40,543,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. GFG Capital LLC acquired a new stake in Jabil during the second quarter worth approximately $26,000. Creative Financial Designs Inc. ADV acquired a new stake in Jabil during the first quarter worth approximately $27,000. Groupe la Francaise grew its position in Jabil by 35.2% during the first quarter. Groupe la Francaise now owns 246 shares of the technology company's stock worth $34,000 after buying an additional 64 shares in the last quarter. Golden State Wealth Management LLC grew its position in Jabil by 2,400.0% during the first quarter. Golden State Wealth Management LLC now owns 275 shares of the technology company's stock worth $37,000 after buying an additional 264 shares in the last quarter. Finally, Wayfinding Financial LLC acquired a new stake in Jabil during the first quarter worth approximately $52,000. Institutional investors own 93.39% of the company's stock.

Wall Street Analysts Forecast Growth

JBL has been the topic of a number of analyst reports. JPMorgan Chase & Co. increased their price target on Jabil from $214.00 to $256.00 and gave the stock an "overweight" rating in a research report on Thursday, July 17th. Bank of America increased their price target on Jabil from $245.00 to $255.00 and gave the stock a "buy" rating in a research report on Friday, September 26th. The Goldman Sachs Group increased their price target on Jabil from $188.00 to $215.00 and gave the stock a "buy" rating in a research report on Wednesday, June 18th. Barclays raised their target price on Jabil from $223.00 to $267.00 and gave the company an "overweight" rating in a report on Friday, September 26th. Finally, UBS Group set a $241.00 target price on Jabil in a report on Sunday, September 28th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, Jabil presently has a consensus rating of "Moderate Buy" and a consensus target price of $248.43.

Insider Transactions at Jabil

In related news, Director Steven A. Raymund sold 13,432 shares of the business's stock in a transaction on Monday, July 21st. The stock was sold at an average price of $223.11, for a total transaction of $2,996,813.52. Following the sale, the director owned 86,396 shares in the company, valued at $19,275,811.56. The trade was a 13.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Chairman Mark T. Mondello sold 20,000 shares of the business's stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $214.84, for a total value of $4,296,800.00. Following the sale, the chairman owned 1,380,190 shares in the company, valued at $296,520,019.60. This represents a 1.43% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 85,416 shares of company stock worth $18,367,889. 1.73% of the stock is currently owned by insiders.

Jabil Trading Up 3.2%

Shares of JBL stock opened at $207.00 on Thursday. The stock's fifty day moving average price is $212.24 and its two-hundred day moving average price is $190.08. The company has a market cap of $22.21 billion, a PE ratio of 34.73, a P/E/G ratio of 1.42 and a beta of 1.26. Jabil, Inc. has a fifty-two week low of $108.66 and a fifty-two week high of $237.14. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.66 and a current ratio of 1.00.

Jabil (NYSE:JBL - Get Free Report) last released its quarterly earnings data on Thursday, September 25th. The technology company reported $1.99 earnings per share for the quarter, missing the consensus estimate of $2.92 by ($0.93). The firm had revenue of $8.30 billion for the quarter, compared to analyst estimates of $7.63 billion. Jabil had a net margin of 2.20% and a return on equity of 68.63%. The company's revenue was up 18.5% compared to the same quarter last year. During the same period last year, the business earned $2.30 EPS. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. Equities analysts predict that Jabil, Inc. will post 8.05 EPS for the current fiscal year.

About Jabil

Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).

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