Inspire Investing LLC Has $2.12 Million Holdings in Jabil, Inc. $JBL

Key Points

• Inspire Investing LLC reduced its holdings in Jabil, Inc. by 45.2% in Q2, now owning 9,728 shares valued at approximately $2.12 million.
• Insiders have sold a total of 85,416 shares valued at around $18.37 million over the last quarter, resulting in a 1.73% ownership stake by insiders.
• Jabil reported an earnings miss for Q3 with $1.99 EPS compared to a consensus estimate of $2.92, despite revenue of $8.30 billion, exceeding analyst expectations.

Inspire Investing LLC cut its holdings in Jabil, Inc. (NYSE:JBL - Free Report) by 45.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,728 shares of the technology company's stock after selling 8,015 shares during the period. Inspire Investing LLC's holdings in Jabil were worth $2,122,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Mather Group LLC. grew its stake in Jabil by 5.4% during the second quarter. Mather Group LLC. now owns 1,186 shares of the technology company's stock worth $259,000 after buying an additional 61 shares in the last quarter. UMB Bank n.a. grew its stake in Jabil by 2.9% during the second quarter. UMB Bank n.a. now owns 2,191 shares of the technology company's stock worth $478,000 after buying an additional 62 shares in the last quarter. Groupe la Francaise grew its stake 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. Keeley Teton Advisors LLC grew its stake in Jabil by 0.3% during the first quarter. Keeley Teton Advisors LLC now owns 25,398 shares of the technology company's stock worth $3,456,000 after buying an additional 64 shares in the last quarter. Finally, Cordatus Wealth Management LLC grew its stake in Jabil by 2.9% during the first quarter. Cordatus Wealth Management LLC now owns 2,429 shares of the technology company's stock worth $330,000 after buying an additional 68 shares in the last quarter. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Frederic E. Mccoy sold 4,500 shares of Jabil stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $223.55, for a total transaction of $1,005,975.00. Following the sale, the executive vice president directly owned 124,203 shares in the company, valued at $27,765,580.65. The trade was a 3.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Steven A. Raymund sold 13,432 shares of the business's stock in a transaction dated Monday, July 21st. The shares were sold at an average price of $223.11, for a total value of $2,996,813.52. Following the completion of the sale, the director owned 86,396 shares in the company, valued at $19,275,811.56. This represents a 13.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 85,416 shares of company stock valued at $18,367,889 over the last quarter. 1.73% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on JBL shares. JPMorgan Chase & Co. increased their price objective on shares of Jabil from $214.00 to $256.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. Argus upgraded shares of Jabil from a "hold" rating to a "buy" rating in a research note on Wednesday, June 18th. Bank of America raised their price target on shares of Jabil from $245.00 to $255.00 and gave the company a "buy" rating in a research note on Friday, September 26th. Weiss Ratings restated a "hold (c+)" rating on shares of Jabil in a research note on Saturday, September 27th. Finally, Barclays raised their price target on shares of Jabil from $223.00 to $267.00 and gave the company an "overweight" rating in a research note on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Jabil currently has a consensus rating of "Moderate Buy" and an average price target of $248.43.

Jabil Stock Performance

NYSE JBL opened at $194.00 on Friday. The company has a fifty day simple moving average of $213.34 and a 200 day simple moving average of $189.09. Jabil, Inc. has a 12-month low of $108.66 and a 12-month high of $237.14. The company has a current ratio of 1.00, a quick ratio of 0.66 and a debt-to-equity ratio of 1.57. The company has a market cap of $20.82 billion, a P/E ratio of 32.55, a PEG ratio of 1.38 and a beta of 1.26.

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

Jabil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Friday, August 15th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Friday, August 15th. Jabil's payout ratio is currently 5.37%.

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).

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