Lmcg Investments LLC Sells 4,196 Shares of Jabil, Inc. $JBL

Key Points

• Lmcg Investments LLC sold 4,196 shares of Jabil, Inc., reducing its holdings by 4.2%, with the investment firm now owning 96,724 shares valued at approximately $21 million.
• Jabil reported earnings of $1.99 per share, falling short of expectations, despite revenue exceeding forecasts at $8.30 billion, a year-over-year increase of 18.5%.
• Following recent transactions by executives, insider ownership now stands at 1.73%, with recent sales totaling over $18 million, indicating potential shifts in investor confidence.

Lmcg Investments LLC cut its holdings in shares of Jabil, Inc. (NYSE:JBL - Free Report) by 4.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 96,724 shares of the technology company's stock after selling 4,196 shares during the period. Jabil accounts for 1.3% of Lmcg Investments LLC's holdings, making the stock its 16th biggest holding. Lmcg Investments LLC owned about 0.09% of Jabil worth $21,096,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JBL. GFG Capital LLC bought a new position in shares of Jabil during the second quarter valued at approximately $26,000. Creative Financial Designs Inc. ADV bought a new position in shares of Jabil during the first quarter valued at approximately $27,000. Harbor Capital Advisors Inc. boosted its stake in shares of Jabil by 110.5% during the first quarter. Harbor Capital Advisors Inc. now owns 221 shares of the technology company's stock valued at $30,000 after purchasing an additional 116 shares in the last quarter. Groupe la Francaise boosted its stake 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 purchasing an additional 64 shares in the last quarter. Finally, Golden State Wealth Management LLC boosted its stake in shares of Jabil by 2,400.0% during the first quarter. Golden State Wealth Management LLC now owns 275 shares of the technology company's stock valued at $37,000 after purchasing an additional 264 shares in the last quarter. 93.39% of the stock is currently owned by institutional investors.

Jabil Trading Down 5.2%

NYSE JBL opened at $194.00 on Friday. The company has a fifty day simple moving average of $213.34 and a two-hundred day simple moving average of $188.78. The stock has a market cap of $20.82 billion, a P/E ratio of 32.55, a P/E/G ratio of 1.45 and a beta of 1.26. 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.

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 analysts' consensus estimates of $2.92 by ($0.93). The company had revenue of $8.30 billion during the quarter, compared to analysts' expectations of $7.63 billion. Jabil had a return on equity of 68.63% and a net margin of 2.20%.The company's quarterly revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.30 EPS. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. On average, analysts forecast that Jabil, Inc. will post 8.05 earnings per share for the current year.

Jabil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Friday, August 15th were issued 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 dividend yield of 0.2%. Jabil's dividend payout ratio (DPR) is currently 5.37%.

Insider Activity at Jabil

In related news, EVP Frederic E. Mccoy sold 4,500 shares of the firm's stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $223.55, for a total transaction of $1,005,975.00. Following the completion of the transaction, the executive vice president owned 124,203 shares of the company's stock, valued at $27,765,580.65. This trade represents a 3.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Mark T. Mondello sold 20,000 shares of the firm's stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $214.84, for a total transaction of $4,296,800.00. Following the transaction, the chairman directly owned 1,380,190 shares of the company's stock, valued at approximately $296,520,019.60. This trade represents a 1.43% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 85,416 shares of company stock worth $18,367,889. Corporate insiders own 1.73% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on JBL. The Goldman Sachs Group increased their target price on shares of Jabil from $188.00 to $215.00 and gave the company a "buy" rating in a research report on Wednesday, June 18th. Weiss Ratings reissued a "hold (c+)" rating on shares of Jabil in a research report on Saturday, September 27th. Bank of America increased their target price on shares of Jabil from $245.00 to $255.00 and gave the company a "buy" rating in a research report on Friday, September 26th. Barclays increased their target price on shares of Jabil from $223.00 to $267.00 and gave the company an "overweight" rating in a research report on Friday, September 26th. Finally, UBS Group set a $241.00 target price on shares of Jabil in a research report on Sunday, September 28th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $248.43.

About Jabil

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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