Jabil, Inc. $JBL Shares Acquired by Coppell Advisory Solutions LLC

Key Points

• Coppell Advisory Solutions LLC significantly increased its stake in Jabil, acquiring an additional 26,534 shares, bringing its total holdings to 26,592 shares, valued at approximately $3.6 million.
• Several hedge funds adjusted their positions in JBL, with notable increases including Harbor Capital Advisors Inc. and Golden State Wealth Management LLC, showcasing strong institutional interest.
• Jabil's analysts provided mixed ratings, with Barclays and Raymond James maintaining a positive outlook, while others downgraded the stock, resulting in a consensus rating of "Moderate Buy" with a price target of $231.71.

Coppell Advisory Solutions LLC grew its position in shares of Jabil, Inc. (NYSE:JBL - Free Report) by 45,748.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,592 shares of the technology company's stock after buying an additional 26,534 shares during the period. Coppell Advisory Solutions LLC's holdings in Jabil were worth $3,618,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of JBL. Creative Financial Designs Inc. ADV bought a new position in Jabil during the 1st quarter worth approximately $27,000. Harbor Capital Advisors Inc. lifted its holdings in Jabil by 110.5% during the 1st quarter. Harbor Capital Advisors Inc. now owns 221 shares of the technology company's stock worth $30,000 after buying an additional 116 shares during the last quarter. Groupe la Francaise lifted its holdings in Jabil by 35.2% during the 1st quarter. Groupe la Francaise now owns 246 shares of the technology company's stock worth $34,000 after buying an additional 64 shares during the last quarter. Golden State Wealth Management LLC lifted its holdings in Jabil by 2,400.0% during the 1st 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 during the last quarter. Finally, Wayfinding Financial LLC bought a new position in Jabil during the 1st quarter worth approximately $52,000. Institutional investors own 93.39% of the company's stock.

Jabil Stock Performance

JBL traded down $0.06 during trading hours on Friday, hitting $214.22. The company's stock had a trading volume of 965,598 shares, compared to its average volume of 1,273,006. Jabil, Inc. has a fifty-two week low of $103.82 and a fifty-two week high of $232.84. The company has a current ratio of 0.98, a quick ratio of 0.64 and a debt-to-equity ratio of 1.85. The firm has a market capitalization of $22.99 billion, a PE ratio of 41.60, a PEG ratio of 1.25 and a beta of 1.25. The company has a 50-day simple moving average of $216.68 and a 200 day simple moving average of $178.83.

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

Jabil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Friday, August 15th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date was Friday, August 15th. Jabil's dividend payout ratio (DPR) is currently 6.21%.

Analyst Ratings Changes

Several analysts recently issued reports on JBL shares. Raymond James Financial reissued a "strong-buy" rating and issued a $230.00 price target (up previously from $170.00) on shares of Jabil in a report on Wednesday, June 18th. Argus raised Jabil from a "hold" rating to a "buy" rating in a report 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 on the stock. Barclays raised their price target on Jabil from $206.00 to $223.00 and gave the stock an "overweight" rating in a report on Tuesday, June 17th. Finally, Wall Street Zen downgraded Jabil from a "strong-buy" rating to a "buy" rating in a report on Saturday, July 12th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Jabil currently has a consensus rating of "Moderate Buy" and an average target price of $231.71.

Insider Activity at Jabil

In other news, Director Steven A. Raymund sold 15,955 shares of Jabil stock in a transaction on Friday, June 27th. The stock was sold at an average price of $216.83, for a total transaction of $3,459,522.65. Following the transaction, the director directly owned 99,828 shares in the company, valued at approximately $21,645,705.24. This trade represents a 13.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Mark T. Mondello sold 150,000 shares of Jabil stock in a transaction on Tuesday, June 17th. The shares were sold at an average price of $193.33, for a total value 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 332,847 shares of company stock worth $67,200,247 in the last quarter. Company insiders own 1.73% of the company's stock.

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).