Jabil, Inc. $JBL Stock Holdings Increased by Concurrent Investment Advisors LLC

Key Points

• Concurrent Investment Advisors raised its stake in Jabil by 236.1% in Q4, owning 11,969 shares after adding 8,408 shares, valued at about $2.73 million.
• Insiders have been net sellers, unloading 37,403 shares worth $11,123,611 in the past three months while institutional investors hold 93.39% of the stock and insiders own 1.35%.
• Jabil recently beat earnings (Q EPS $2.69 vs. $2.51; revenue $8.28B, up 23.1%), and analysts maintain a consensus "Buy" rating with an average price target of $290.63 amid several upward price-target revisions.

Concurrent Investment Advisors LLC raised its holdings in shares of Jabil, Inc. (NYSE:JBL - Free Report) by 236.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,969 shares of the technology company's stock after acquiring an additional 8,408 shares during the period. Concurrent Investment Advisors LLC's holdings in Jabil were worth $2,729,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in JBL. True Wealth Design LLC raised its stake in Jabil by 250.0% during the 3rd quarter. True Wealth Design LLC now owns 140 shares of the technology company's stock valued at $30,000 after acquiring an additional 100 shares in the last quarter. First Horizon Corp bought a new stake in Jabil during the 3rd quarter valued at $30,000. Banque Cantonale Vaudoise bought a new stake in Jabil during the 3rd quarter valued at $43,000. Rothschild Investment LLC raised its stake in Jabil by 51.1% during the 3rd quarter. Rothschild Investment LLC now owns 213 shares of the technology company's stock valued at $46,000 after acquiring an additional 72 shares in the last quarter. Finally, Caitlin John LLC bought a new stake in Jabil during the 3rd quarter valued at $47,000. Institutional investors own 93.39% of the company's stock.

Analyst Upgrades and Downgrades

JBL has been the topic of several recent analyst reports. Zacks Research raised Jabil from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 15th. UBS Group boosted their price objective on Jabil from $244.00 to $254.00 and gave the stock a "neutral" rating in a research note on Tuesday, March 10th. Weiss Ratings downgraded Jabil from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday. Stifel Nicolaus boosted their price objective on Jabil from $255.00 to $290.00 and gave the stock a "buy" rating in a research note on Thursday, March 19th. Finally, Bank of America boosted their price objective on Jabil from $295.00 to $354.00 and gave the stock a "buy" rating in a research note on Monday, April 20th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $290.63.

Insider Transactions at Jabil

In related news, SVP May Yee Yap sold 1,634 shares of Jabil stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $306.74, for a total value of $501,213.16. Following the transaction, the senior vice president owned 23,787 shares of the company's stock, valued at approximately $7,296,424.38. This trade represents a 6.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Andrew Priestley sold 4,000 shares of Jabil 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 completion of the transaction, the executive vice president directly owned 60,267 shares in the company, valued at $18,140,367. This represents a 6.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 37,403 shares of company stock worth $11,123,611 in the last three months. Insiders own 1.35% of the company's stock.

Jabil Stock Down 3.1%

JBL opened at $330.34 on Wednesday. Jabil, Inc. has a one year low of $142.03 and a one year high of $346.22. The company has a debt-to-equity ratio of 2.50, a quick ratio of 0.68 and a current ratio of 1.01. The stock's fifty day moving average is $279.00 and its 200-day moving average is $244.26. The company has a market capitalization of $34.85 billion, a PE ratio of 44.34, a P/E/G ratio of 1.77 and a beta of 1.16.

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

Jabil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Friday, May 15th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil's dividend payout ratio (DPR) is currently 4.30%.

Jabil Company Profile

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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