Dynamic Technology Lab Private Ltd Acquires Shares of 4,399 Jabil, Inc. $JBL

Key Points

• Dynamic Technology Lab Private Ltd acquired a new stake in Jabil, Inc. during the first quarter, purchasing 4,399 shares worth approximately $599,000.
• Several other institutional investors, including Groupe la Francaise and Keeley Teton Advisors, also increased their stakes in Jabil, leading to institutional ownership of 93.39% of the company's stock.
• Jabil recently announced a quarterly dividend of $0.08 per share, contributing to a 0.2% dividend yield and reflecting a low payout ratio of 6.21%.

Dynamic Technology Lab Private Ltd bought a new position in Jabil, Inc. (NYSE:JBL - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm bought 4,399 shares of the technology company's stock, valued at approximately $599,000.

A number of other large investors also recently modified their holdings of the company. Groupe la Francaise increased its position in shares of Jabil by 35.2% during the first quarter. Groupe la Francaise now owns 246 shares of the technology company's stock valued at $34,000 after buying an additional 64 shares during the period. Keeley Teton Advisors LLC increased its position in shares of Jabil by 0.3% during the first quarter. Keeley Teton Advisors LLC now owns 25,398 shares of the technology company's stock valued at $3,456,000 after buying an additional 64 shares during the period. Cordatus Wealth Management LLC increased its position in shares of Jabil by 2.9% during the first quarter. Cordatus Wealth Management LLC now owns 2,429 shares of the technology company's stock valued at $330,000 after buying an additional 68 shares during the period. AlphaCore Capital LLC increased its position in shares of Jabil by 2.4% during the first quarter. AlphaCore Capital LLC now owns 3,206 shares of the technology company's stock valued at $436,000 after buying an additional 76 shares during the period. Finally, UniSuper Management Pty Ltd increased its position in shares of Jabil by 0.3% during the first quarter. UniSuper Management Pty Ltd now owns 30,797 shares of the technology company's stock valued at $4,191,000 after buying an additional 81 shares during the period. 93.39% of the stock is currently owned by institutional investors.

Jabil Trading Down 0.0%

Shares of Jabil stock traded down $0.06 on Friday, hitting $214.22. The stock had a trading volume of 965,598 shares, compared to its average volume of 1,273,006. The company has a quick ratio of 0.64, a current ratio of 0.98 and a debt-to-equity ratio of 1.85. Jabil, Inc. has a one year low of $103.82 and a one year high of $232.84. The stock has a market cap of $22.99 billion, a price-to-earnings ratio of 41.60, a PEG ratio of 1.25 and a beta of 1.25. The stock's 50-day simple moving average is $216.68 and its two-hundred day simple moving average is $178.97.

Jabil (NYSE:JBL - Get Free Report) last issued its 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. Jabil had a net margin of 2.02% and a return on equity of 60.19%. The firm had revenue of $7.83 billion for the quarter, compared to analysts' expectations of $7.03 billion. During the same quarter last year, the business earned $1.89 earnings per share. The business's revenue was up 15.7% on a year-over-year basis. 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 predict that Jabil, Inc. will post 8.05 EPS for the current year.

Jabil Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms recently weighed in on JBL. Argus upgraded shares of Jabil from a "hold" rating to a "buy" rating in a research report on Wednesday, June 18th. Wall Street Zen cut shares of Jabil from a "strong-buy" rating to a "buy" rating in a research report on Saturday, July 12th. UBS Group increased their price target on shares of Jabil from $157.00 to $208.00 and gave the company a "neutral" rating in a research report on Wednesday, June 18th. Stifel Nicolaus initiated coverage on shares of Jabil in a research report on Wednesday, July 2nd. They set a "buy" rating and a $245.00 price target on the stock. Finally, Barclays increased their price target on shares of Jabil from $206.00 to $223.00 and gave the company an "overweight" rating in a research report on Tuesday, June 17th. One research 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's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $231.71.

Insider Buying and Selling

In related news, Director Anousheh Ansari sold 1,000 shares of the firm's stock in a transaction on Thursday, July 3rd. The stock was sold at an average price of $222.75, for a total value of $222,750.00. Following the completion of the sale, the director owned 36,400 shares of the company's stock, valued at $8,108,100. This trade represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Andrew Priestley sold 3,702 shares of the firm's stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $225.00, for a total value of $832,950.00. Following the completion of the sale, the executive vice president directly owned 44,833 shares of the company's stock, valued at $10,087,425. The trade was a 7.63% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 332,847 shares of company stock valued at $67,200,247 over the last three months. 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).