BI Asset Management Fondsmaeglerselskab A S Sells 46,986 Shares of Jabil, Inc. $JBL

Key Points

• BI Asset Management Fondsmaeglerselskab A S cut its Jabil stake by 72.6% in the first quarter, selling 46,986 shares and leaving it with 17,724 shares valued at about $4.71 million.
• Jabil reported better-than-expected quarterly results, posting EPS of $3.16 versus the $3.10 estimate and revenue of $8.75 billion versus $8.61 billion expected, with revenue up 11.8% year over year.
• Despite some analyst downgrades, Wall Street remains broadly constructive on Jabil, with a Moderate Buy consensus rating and an average price target of $453.67.

BI Asset Management Fondsmaeglerselskab A S lowered its holdings in shares of Jabil, Inc. (NYSE:JBL - Free Report) by 72.6% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,724 shares of the technology company's stock after selling 46,986 shares during the period. BI Asset Management Fondsmaeglerselskab A S's holdings in Jabil were worth $4,708,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Greenline Wealth Management LLC acquired a new position in Jabil during the fourth quarter worth about $28,000. Virtus Advisers LLC bought a new position in shares of Jabil in the fourth quarter worth about $32,000. DV Equities LLC acquired a new stake in shares of Jabil in the 4th quarter valued at approximately $34,000. Wilkerson Advisory Group LLC acquired a new stake in shares of Jabil in the 4th quarter valued at approximately $34,000. Finally, Leonteq Securities AG bought a new stake in shares of Jabil during the 4th quarter valued at approximately $42,000. 93.39% of the stock is currently owned by institutional investors.

Insider Activity at Jabil

In other news, SVP Gary K. Schick sold 1,000 shares of the stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $340.00, for a total transaction of $340,000.00. Following the completion of the sale, the senior vice president directly owned 39,843 shares in the company, valued at $13,546,620. This represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Andrew Priestley sold 3,169 shares of the business's stock in a transaction on Monday, April 20th. The shares were sold at an average price of $330.00, for a total transaction of $1,045,770.00. Following the completion of the transaction, the executive vice president owned 57,098 shares in the company, valued at approximately $18,842,340. The trade was a 5.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 35,981 shares of company stock valued at $10,812,410 over the last 90 days. 1.35% of the stock is owned by company insiders.

Jabil Price Performance

Shares of JBL opened at $377.09 on Tuesday. The business has a 50-day moving average of $351.27 and a 200-day moving average of $284.13. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66. The company has a market capitalization of $39.78 billion, a price-to-earnings ratio of 47.08, a price-to-earnings-growth ratio of 1.12 and a beta of 1.28. Jabil, Inc. has a 1 year low of $189.60 and a 1 year high of $428.93.

Jabil (NYSE:JBL - Get Free Report) last announced its earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, beating the consensus estimate of $3.10 by $0.06. The business had revenue of $8.75 billion for the quarter, compared to analysts' expectations of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The firm's revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the business posted $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 11.65 earnings per share for the current year.

Jabil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Friday, May 15th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, May 15th. Jabil's dividend payout ratio is currently 4.00%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on JBL. Zacks Research cut shares of Jabil from a "strong-buy" rating to a "hold" rating in a research report on Monday, May 18th. JPMorgan Chase & Co. raised their target price on shares of Jabil from $395.00 to $450.00 and gave the company an "overweight" rating in a research report on Thursday, June 18th. Bank of America reaffirmed a "buy" rating and set a $470.00 target price on shares of Jabil in a research note on Thursday. Stifel Nicolaus set a $460.00 price target on shares of Jabil and gave the stock a "buy" rating in a report on Thursday. Finally, Wall Street Zen cut Jabil from a "strong-buy" rating to a "buy" rating in a research note on Saturday, April 11th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $453.67.

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.

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