Patton Fund Management Inc. Reduces Holdings in Jabil, Inc. $JBL

Key Points

• Patton Fund Management reduced its position in Jabil by 27.1% in Q4, selling 4,057 shares and leaving it with 10,932 shares worth about $2.493 million.
• Jabil has hit a 52‑week high and beat March‑quarter EPS ($2.69) and revenue ($8.28B), drawing multiple analyst price‑target increases and a consensus "Moderate Buy," but the stock trades at a premium P/E (~41) and the company has high leverage (debt/equity ~2.5).
• There has been notable insider selling (68,793 shares in the last 90 days and clustered sales by several executives), while institutional investors hold roughly 93.4% of the stock and insiders own about 1.35%.

Patton Fund Management Inc. lowered its position in shares of Jabil, Inc. (NYSE:JBL - Free Report) by 27.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,932 shares of the technology company's stock after selling 4,057 shares during the quarter. Patton Fund Management Inc.'s holdings in Jabil were worth $2,493,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Jabil by 33.2% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 26,441 shares of the technology company's stock valued at $5,742,000 after acquiring an additional 6,594 shares during the period. Westfield Capital Management Co. LP purchased a new stake in Jabil during the 3rd quarter worth $57,799,000. Envestnet Asset Management Inc. increased its stake in Jabil by 9.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 311,883 shares of the technology company's stock worth $67,732,000 after buying an additional 25,932 shares during the period. Winnow Wealth LLC purchased a new stake in Jabil during the 3rd quarter worth $1,077,000. Finally, Meiji Yasuda Asset Management Co Ltd. increased its holdings in shares of Jabil by 395.7% in the 3rd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 8,690 shares of the technology company's stock valued at $1,887,000 after acquiring an additional 6,937 shares during the last quarter. Institutional investors and hedge funds own 93.39% of the company's stock.

Jabil News Roundup

Here are the key news stories impacting Jabil this week:

• Positive Sentiment: Momentum/technical buyers: Jabil has hit a 52‑week high, which typically attracts momentum flows and can propel further short‑term upside. Jabil, Inc. (JBL) hit a 52-week high, can the run continue?
• Positive Sentiment: Analyst support: The consensus is a "Moderate Buy" with recent price‑target increases from several brokers, which helps underpin investor confidence and limits downside on pullbacks. Jabil, Inc. NYSE: JBL Receives Average Recommendation of "Moderate Buy" from Analysts
• Positive Sentiment: Structural growth tailwinds: Coverage highlights rising AI infrastructure demand as a secular driver for contract manufacturers like Jabil, supporting revenue growth prospects and relative valuation vs. peers. JBL vs. GLW: Which Tech Hardware Stock is the Better Buy?
• Neutral Sentiment: Fundamentals mixed: Jabil beat March quarter EPS and revenue (strong YoY revenue growth), but margins, high leverage (debt/equity ~2.5) and a premium PE (~41) mean execution and margin trends will drive medium‑term returns.
• Negative Sentiment: Clustered insider selling: Several insiders (director and senior executives) disclosed sales on April 10 — including Anousheh Ansari, Adam E. Berry and Andrew Priestley — which can create near‑term selling pressure and raise questions for some investors. SEC filings: Ansari Ansari SEC Filing, Berry Berry SEC Filing, Priestley Priestley SEC Filing

Jabil Stock Up 1.9%

Shares of NYSE JBL opened at $305.17 on Tuesday. The stock has a market cap of $32.20 billion, a P/E ratio of 40.96, a P/E/G ratio of 1.55 and a beta of 1.16. The firm has a 50 day moving average price of $262.85 and a 200 day moving average price of $235.08. The company has a debt-to-equity ratio of 2.50, a quick ratio of 0.68 and a current ratio of 1.01. Jabil, Inc. has a 52-week low of $127.72 and a 52-week high of $305.95.

Jabil (NYSE:JBL - Get Free Report) last issued its quarterly earnings data on Wednesday, March 18th. The technology company reported $2.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.51 by $0.18. The firm had revenue of $8.28 billion during the quarter, compared to analysts' expectations of $7.75 billion. Jabil had a net margin of 2.48% and a return on equity of 80.96%. The business's revenue for the quarter was up 23.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.94 earnings per share. Analysts expect that Jabil, Inc. will post 8.05 EPS for the current year.

Jabil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 17th were paid a $0.08 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil's payout ratio is presently 4.30%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Bank of America raised their target price on Jabil from $280.00 to $295.00 and gave the company a "buy" rating in a research report on Thursday, March 19th. Stifel Nicolaus upped their price objective on shares of Jabil from $255.00 to $290.00 and gave the company a "buy" rating in a research note on Thursday, March 19th. Robert W. Baird increased their price target on shares of Jabil from $275.00 to $281.00 and gave the stock an "outperform" rating in a research note on Thursday, March 19th. Barclays upped their price objective on shares of Jabil from $283.00 to $304.00 and gave the stock an "overweight" rating in a report on Wednesday, March 18th. Finally, UBS Group upped their price objective on shares of Jabil from $244.00 to $254.00 and gave the stock a "neutral" rating in a report on Tuesday, March 10th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Jabil has a consensus rating of "Moderate Buy" and a consensus price target of $283.25.

Insider Transactions at Jabil

In other Jabil news, CEO Michael Dastoor sold 15,000 shares of Jabil stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $246.91, for a total value of $3,703,650.00. Following the transaction, the chief executive officer owned 262,566 shares of the company's stock, valued at approximately $64,830,171.06. The trade was a 5.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Chairman Mark T. Mondello sold 17,200 shares of Jabil stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $250.00, for a total transaction of $4,300,000.00. Following the completion of the transaction, the chairman directly owned 1,111,459 shares in the company, valued at approximately $277,864,750. The trade was a 1.52% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 68,793 shares of company stock valued at $18,210,825. 1.35% of the stock is currently owned by insiders.

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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