Quent Long Short Global Small Cap Fund LP Makes New Investment in Jabil, Inc. $JBL

Key Points

• Quent Long Short Global Small Cap Fund LP opened a new position in Jabil, buying 3,068 shares in Q4 worth about $700,000, according to its Form 13F filing.
• Jabil beat earnings estimates, reporting $2.69 EPS vs. $2.51 expected and $8.28 billion in revenue (up 23.1% year-over-year), though its net margin was modest (2.48%) while ROE was very high (80.96%).
• Institutional ownership is 93.39% and analysts hold a consensus "Buy" rating with an average price target of $290.63, while the stock recently traded near $341.50 (12‑month high $346.22).

Quent Long Short Global Small Cap Fund LP bought a new position in shares of Jabil, Inc. (NYSE:JBL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,068 shares of the technology company's stock, valued at approximately $700,000.

Several other hedge funds have also recently bought and sold shares of the business. State Street Corp increased its position in Jabil by 0.7% during the third quarter. State Street Corp now owns 5,199,646 shares of the technology company's stock worth $1,129,207,000 after buying an additional 36,646 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in Jabil by 1,157.8% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,454,915 shares of the technology company's stock worth $315,964,000 after buying an additional 1,339,247 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its position in Jabil by 107.2% during the third quarter. Robeco Institutional Asset Management B.V. now owns 1,319,675 shares of the technology company's stock worth $286,594,000 after buying an additional 682,899 shares during the last quarter. Allianz Asset Management GmbH boosted its holdings in Jabil by 180.1% during the third quarter. Allianz Asset Management GmbH now owns 758,326 shares of the technology company's stock valued at $164,686,000 after acquiring an additional 487,595 shares during the period. Finally, Amundi boosted its holdings in Jabil by 55.3% during the third quarter. Amundi now owns 704,246 shares of the technology company's stock valued at $142,399,000 after acquiring an additional 250,626 shares during the period. 93.39% of the stock is owned by institutional investors and hedge funds.

Jabil Stock Up 0.9%

NYSE JBL opened at $341.50 on Friday. 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 firm has a 50-day simple moving average of $275.82 and a 200 day simple moving average of $241.82. Jabil, Inc. has a twelve month low of $142.03 and a twelve month high of $346.22. The stock has a market cap of $36.03 billion, a PE ratio of 45.84, a PEG ratio of 1.76 and a beta of 1.16.

Jabil (NYSE:JBL - Get Free Report) last released its earnings results on Wednesday, March 18th. The technology company reported $2.69 earnings per share for the quarter, beating the consensus estimate of $2.51 by $0.18. Jabil had a net margin of 2.48% and a return on equity of 80.96%. The business had revenue of $8.28 billion during the quarter, compared to analysts' expectations of $7.75 billion. During the same quarter last year, the company earned $1.94 earnings per share. The firm's revenue was up 23.1% on a year-over-year basis. On average, research analysts forecast that Jabil, Inc. will post 11.3 EPS for the current year.

Jabil Dividend Announcement

The business 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 $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Friday, May 15th. Jabil's dividend payout ratio (DPR) is presently 4.30%.

Insiders Place Their Bets

In related news, Director Anousheh Ansari sold 2,000 shares of the stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $300.00, for a total value of $600,000.00. Following the completion of the sale, the director owned 31,800 shares in the company, valued at approximately $9,540,000. This trade represents a 5.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Adam E. Berry sold 1,585 shares of the stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $301.23, for a total transaction of $477,449.55. Following the completion of the sale, the senior vice president owned 16,335 shares of the company's stock, valued at approximately $4,920,592.05. The trade was a 8.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 37,403 shares of company stock valued at $11,123,611 in the last quarter. 1.35% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on JBL. Stifel Nicolaus upped their price target on shares of Jabil from $255.00 to $290.00 and gave the company a "buy" rating in a report on Thursday, March 19th. Zacks Research upgraded shares of Jabil from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 15th. UBS Group upped their price target on shares of Jabil from $244.00 to $254.00 and gave the company a "neutral" rating in a report on Tuesday, March 10th. Weiss Ratings upgraded shares of Jabil from a "hold (c+)" rating to a "buy (b)" rating in a report on Thursday, April 9th. Finally, Wall Street Zen cut shares of Jabil from a "strong-buy" rating to a "buy" rating in a report on Saturday, April 11th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $290.63.

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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