Ritholtz Wealth Management Acquires 4,741 Shares of Jabil, Inc. $JBL

Key Points

• Ritholtz Wealth Management increased its holdings in Jabil, Inc. by 30%, buying an additional 4,741 shares to reach a total of 20,529 shares valued at approximately $4.48 million.
• Jabil reported a net margin of 2.20% and revenue of $8.30 billion for the quarter, exceeding analyst estimates while earnings per share fell short of expectations.
• The company recently declared a quarterly dividend of $0.08 per share, resulting in an annualized yield of 0.2%, with a dividend payout ratio of 5.37%.

Ritholtz Wealth Management increased its holdings in Jabil, Inc. (NYSE:JBL - Free Report) by 30.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,529 shares of the technology company's stock after purchasing an additional 4,741 shares during the quarter. Ritholtz Wealth Management's holdings in Jabil were worth $4,477,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in JBL. GFG Capital LLC purchased a new position in shares of Jabil in the second quarter worth about $26,000. Creative Financial Designs Inc. ADV bought a new position in Jabil during the 1st quarter worth approximately $27,000. Harbor Capital Advisors Inc. grew its position in Jabil by 110.5% during the 1st quarter. Harbor Capital Advisors Inc. now owns 221 shares of the technology company's stock worth $30,000 after acquiring an additional 116 shares during the last quarter. Groupe la Francaise increased its stake in Jabil by 35.2% in the 1st quarter. Groupe la Francaise now owns 246 shares of the technology company's stock worth $34,000 after purchasing an additional 64 shares during the period. Finally, Golden State Wealth Management LLC lifted its position in Jabil by 2,400.0% in 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 during the last quarter. 93.39% of the stock is currently owned by hedge funds and other institutional investors.

Jabil Stock Up 0.3%

Shares of Jabil stock opened at $200.57 on Wednesday. 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, Inc. has a 12-month low of $108.66 and a 12-month high of $237.14. The company has a market cap of $21.53 billion, a P/E ratio of 33.65, a PEG ratio of 1.42 and a beta of 1.26. The company's fifty day simple moving average is $212.51 and its two-hundred day simple moving average is $189.96.

Jabil (NYSE:JBL - Get Free Report) last announced its earnings results on Thursday, September 25th. The technology company reported $1.99 earnings per share for the quarter, missing analysts' consensus estimates of $2.92 by ($0.93). Jabil had a net margin of 2.20% and a return on equity of 68.63%. The company had revenue of $8.30 billion for the quarter, compared to the consensus estimate of $7.63 billion. During the same period in the previous year, the firm posted $2.30 EPS. The company's revenue for the quarter was up 18.5% on a year-over-year basis. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. Research analysts anticipate that Jabil, Inc. will post 8.05 EPS for the current year.

Jabil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Friday, August 15th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Friday, August 15th. Jabil's dividend payout ratio (DPR) is presently 5.37%.

Insider Transactions at Jabil

In other Jabil news, EVP Andrew Priestley sold 3,702 shares of the stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $225.00, for a total value of $832,950.00. Following the completion of the transaction, the executive vice president owned 44,833 shares in the company, valued at approximately $10,087,425. This represents a 7.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Mark T. Mondello sold 20,000 shares of the company's stock in a transaction dated 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 completion of the sale, the chairman directly owned 1,380,190 shares in the company, valued at $296,520,019.60. This represents a 1.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 85,416 shares of company stock valued at $18,367,889. Company insiders own 1.73% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on JBL shares. UBS Group set a $241.00 target price on shares of Jabil in a report on Sunday, September 28th. Weiss Ratings reissued a "hold (c)" rating on shares of Jabil in a research report on Tuesday. Bank of America boosted their price objective 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. Stifel Nicolaus initiated coverage on shares of Jabil in a research note on Wednesday, July 2nd. They set a "buy" rating and a $245.00 price objective for the company. Finally, JPMorgan Chase & Co. increased their target price on shares of Jabil from $214.00 to $256.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Jabil presently has an average rating of "Moderate Buy" and a consensus price target of $248.43.

Jabil Company Profile

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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