Compound Planning Inc. Makes New $210,000 Investment in Jabil, Inc. $JBL

Key Points

• Compound Planning Inc. has acquired 1,547 shares of Jabil, Inc. ($JBL) valued at approximately $210,000, marking their newest investment in the technology company.
• Jabil's stock recently received varying ratings from analysts, with Bank of America raising its price target from $225.00 to $245.00, while Wall Street Zen downgraded it from "strong-buy" to "buy."
• The company reported a quarterly earnings per share (EPS) of $2.55, exceeding expectations, and has set a FY 2025 guidance of 9.330 EPS.

Compound Planning Inc. bought a new stake in Jabil, Inc. (NYSE:JBL - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,547 shares of the technology company's stock, valued at approximately $210,000.

A number of other large investors have also recently bought and sold shares of JBL. Robeco Institutional Asset Management B.V. grew its holdings in Jabil by 84.8% during the first quarter. Robeco Institutional Asset Management B.V. now owns 13,568 shares of the technology company's stock worth $1,846,000 after acquiring an additional 6,225 shares during the period. Envestnet Asset Management Inc. raised its holdings in Jabil by 8.1% during the first quarter. Envestnet Asset Management Inc. now owns 242,977 shares of the technology company's stock worth $33,062,000 after purchasing an additional 18,126 shares during the last quarter. Kingswood Wealth Advisors LLC raised its holdings in Jabil by 7.0% during the first quarter. Kingswood Wealth Advisors LLC now owns 3,326 shares of the technology company's stock worth $453,000 after purchasing an additional 217 shares during the last quarter. OneDigital Investment Advisors LLC purchased a new stake in Jabil during the first quarter worth $214,000. Finally, QRG Capital Management Inc. grew its holdings in Jabil by 2.3% in the first quarter. QRG Capital Management Inc. now owns 5,978 shares of the technology company's stock valued at $813,000 after purchasing an additional 132 shares during the last quarter. Institutional investors and hedge funds own 93.39% of the company's stock.

Insider Buying and Selling at Jabil

In related news, EVP Steven D. Borges sold 22,443 shares of the stock in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of $200.01, for a total value of $4,488,824.43. Following the transaction, the executive vice president owned 102,803 shares in the company, valued at approximately $20,561,628.03. This represents a 17.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman Mark T. Mondello sold 150,000 shares of the stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of $193.33, for a total transaction of $28,999,500.00. Following the transaction, the chairman owned 1,560,192 shares in the company, valued at approximately $301,631,919.36. This trade represents a 8.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 312,847 shares of company stock valued at $63,199,847 in the last ninety days. Company insiders own 1.73% of the company's stock.

Wall Street Analysts Forecast Growth

JBL has been the topic of several analyst reports. Bank of America raised their price target on shares of Jabil from $225.00 to $245.00 and gave the stock a "buy" rating in a research note on Friday, June 20th. UBS Group upped their price objective on shares of Jabil from $157.00 to $208.00 and gave the company a "neutral" rating in a research note on Wednesday, June 18th. Argus raised shares of Jabil from a "hold" rating to a "buy" rating in a research note on Wednesday, June 18th. Stifel Nicolaus started coverage on Jabil in a report on Wednesday, July 2nd. They issued a "buy" rating and a $245.00 price target for the company. Finally, Wall Street Zen cut Jabil from a "strong-buy" rating to a "buy" rating in a report on Saturday, July 12th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $231.71.

Jabil Stock Up 0.3%

Shares of JBL stock traded up $0.65 during mid-day trading on Wednesday, reaching $202.73. 288,546 shares of the company were exchanged, compared to its average volume of 1,413,502. The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.64 and a current ratio of 0.98. The business's 50 day simple moving average is $218.07 and its 200 day simple moving average is $176.40. The company has a market capitalization of $21.76 billion, a P/E ratio of 39.27, a P/E/G ratio of 1.19 and a beta of 1.25. Jabil, Inc. has a fifty-two week low of $99.67 and a fifty-two week high of $232.84.

Jabil (NYSE:JBL - Get Free Report) last announced its quarterly earnings results on Tuesday, June 17th. The technology company reported $2.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.28 by $0.27. The business had revenue of $7.83 billion for the quarter, compared to the consensus estimate of $7.03 billion. Jabil had a return on equity of 60.19% and a net margin of 2.02%.The business's revenue was up 15.7% on a year-over-year basis. During the same quarter last year, the business posted $1.89 EPS. Jabil has set its FY 2025 guidance at 9.330-9.330 EPS. Q4 2025 guidance at 2.640-3.040 EPS. Research analysts predict that Jabil, Inc. will post 8.05 earnings per share for the current year.

Jabil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 3rd. Stockholders of record on Friday, August 15th will be issued a dividend of $0.08 per share. The ex-dividend date is Friday, August 15th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. Jabil's payout ratio is currently 6.21%.

Jabil Company Profile

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).