Jabil, Inc. $JBL Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Key Points

• Jabil beat expectations in its most recent quarter with EPS of $2.69 versus $2.51 expected and revenue of $8.28 billion (up 23.1% year-over-year).
• Insiders sold shares recently — including CEO Michael Dastoor’s sale of 9,467 shares — with insiders selling 37,403 shares worth $11.12 million in the last quarter and now owning 1.35% of the company.
• Institutional and analyst activity: Universal Beteiligungs trimmed its stake by 7.6% to 95,994 shares (~$21.93M), while Wall Street largely rates Jabil a "Buy" and several firms raised targets (e.g., Bank of America to $354), with a consensus target near $290.63.

Universal Beteiligungs und Servicegesellschaft mbH lowered its stake in shares of Jabil, Inc. (NYSE:JBL - Free Report) by 7.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 95,994 shares of the technology company's stock after selling 7,898 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.09% of Jabil worth $21,927,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC lifted its stake in shares of Jabil by 34.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,811 shares of the technology company's stock valued at $382,000 after purchasing an additional 720 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Jabil by 70.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,320 shares of the technology company's stock valued at $2,493,000 after purchasing an additional 7,602 shares during the last quarter. Focus Partners Wealth lifted its stake in shares of Jabil by 20.0% in the 1st quarter. Focus Partners Wealth now owns 4,967 shares of the technology company's stock valued at $676,000 after purchasing an additional 829 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Jabil by 50.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 582 shares of the technology company's stock valued at $79,000 after purchasing an additional 194 shares during the last quarter. Finally, Jump Financial LLC acquired a new position in shares of Jabil in the 2nd quarter valued at $488,000. Institutional investors and hedge funds own 93.39% of the company's stock.

Jabil Price Performance

JBL opened at $341.50 on Friday. The stock's 50-day moving average price is $275.82 and its 200 day moving average price is $241.82. Jabil, Inc. has a 12-month low of $142.03 and a 12-month high of $346.22. The company has a current ratio of 1.01, a quick ratio of 0.68 and a debt-to-equity ratio of 2.50. The firm has a market cap of $36.03 billion, a price-to-earnings ratio of 45.84, a PEG ratio of 1.76 and a beta of 1.16.

Jabil (NYSE:JBL - Get Free Report) last posted its earnings results on Wednesday, March 18th. The technology company reported $2.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.51 by $0.18. Jabil had a return on equity of 80.96% and a net margin of 2.48%.The firm had revenue of $8.28 billion for the quarter, compared to analyst estimates of $7.75 billion. During the same quarter in the prior year, the company earned $1.94 EPS. Jabil's revenue was up 23.1% on a year-over-year basis. As a group, sell-side analysts expect that Jabil, Inc. will post 11.3 earnings per share for the current year.

Jabil Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Friday, May 15th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil's dividend payout ratio is presently 4.30%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on JBL shares. Wall Street Zen lowered Jabil from a "strong-buy" rating to a "buy" rating in a research note on Saturday, April 11th. Bank of America upped their price target on Jabil from $295.00 to $354.00 and gave the company a "buy" rating in a research note on Monday, April 20th. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $282.00 price target on shares of Jabil in a research note on Thursday, January 15th. JPMorgan Chase & Co. upped their price target on Jabil from $270.00 to $300.00 and gave the company an "overweight" rating in a research note on Thursday, March 12th. Finally, Weiss Ratings raised Jabil from a "hold (c+)" rating to a "buy (b)" rating in a research note on Thursday, April 9th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Jabil has an average rating of "Buy" and a consensus target price of $290.63.

Insider Activity

In related news, CEO Michael Dastoor sold 9,467 shares of the stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $286.64, for a total transaction of $2,713,620.88. Following the transaction, the chief executive officer owned 253,099 shares of the company's stock, valued at approximately $72,548,297.36. This represents a 3.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Andrew Priestley sold 4,000 shares of the stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $301.00, for a total value of $1,204,000.00. Following the transaction, the executive vice president directly owned 60,267 shares in the company, valued at approximately $18,140,367. The trade was a 6.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 37,403 shares of company stock worth $11,123,611 in the last quarter. Insiders own 1.35% of the company's stock.

About Jabil

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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