UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Purchases 190,754 Shares of Jabil, Inc. $JBL

Key Points

• UBS Asset Management increased its stake in Jabil, Inc. by 25.9%, acquiring an additional 190,754 shares in the first quarter, bringing its total ownership to 928,031 shares valued at $126.3 million.
• Jabil reported a 15.7% increase in quarterly revenue year-over-year, achieving $7.83 billion and beating consensus estimates by $0.27 EPS.
• Jabil recently announced a quarterly dividend of $0.08 per share, resulting in an annual yield of 0.1% and a low payout ratio of 6.21%.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Jabil, Inc. (NYSE:JBL - Free Report) by 25.9% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 928,031 shares of the technology company's stock after purchasing an additional 190,754 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.86% of Jabil worth $126,277,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Creative Financial Designs Inc. ADV bought a new stake in Jabil during the 1st quarter valued at about $27,000. Harbor Capital Advisors Inc. increased its stake in Jabil by 110.5% during the 1st 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 grew its stake in shares of Jabil by 35.2% in the first quarter. Groupe la Francaise now owns 246 shares of the technology company's stock worth $34,000 after acquiring an additional 64 shares during the period. Golden State Wealth Management LLC grew its stake in shares of Jabil by 2,400.0% in the first quarter. Golden State Wealth Management LLC now owns 275 shares of the technology company's stock worth $37,000 after acquiring an additional 264 shares during the period. Finally, Wayfinding Financial LLC bought a new stake in shares of Jabil in the first quarter worth approximately $52,000. 93.39% of the stock is currently owned by institutional investors.

Jabil Price Performance

JBL stock opened at $214.22 on Friday. Jabil, Inc. has a one year low of $103.82 and a one year high of $232.84. The company's fifty day moving average price is $216.68 and its 200-day moving average price is $178.83. The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.64 and a current ratio of 0.98. The company has a market capitalization of $22.99 billion, a PE ratio of 41.60, a price-to-earnings-growth ratio of 1.25 and a beta of 1.25.

Jabil (NYSE:JBL - Get Free Report) last released its earnings results on Tuesday, June 17th. The technology company reported $2.55 EPS for the quarter, topping the consensus estimate of $2.28 by $0.27. Jabil had a net margin of 2.02% and a return on equity of 60.19%. The firm had revenue of $7.83 billion for the quarter, compared to the consensus estimate of $7.03 billion. During the same quarter in the previous year, the firm earned $1.89 earnings per share. The company's quarterly revenue was up 15.7% compared to the same quarter last year. Jabil has set its FY 2025 guidance at 9.330-9.330 EPS. Q4 2025 guidance at 2.640-3.040 EPS. On average, equities analysts anticipate that Jabil, Inc. will post 8.05 EPS for the current fiscal year.

Jabil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Friday, August 15th were given a dividend of $0.08 per share. The ex-dividend date was Friday, August 15th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil's payout ratio is 6.21%.

Insider Buying and Selling at Jabil

In other Jabil news, EVP Steven D. Borges sold 22,443 shares of the business's stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $200.01, for a total transaction of $4,488,824.43. Following the transaction, the executive vice president owned 102,803 shares in the company, valued at $20,561,628.03. The trade was a 17.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman Mark T. Mondello sold 150,000 shares of the business's stock in a transaction on Tuesday, June 17th. The shares were sold at an average price of $193.33, for a total transaction of $28,999,500.00. Following the transaction, the chairman owned 1,560,192 shares in the company, valued at $301,631,919.36. This trade represents a 8.77% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 332,847 shares of company stock valued at $67,200,247. Insiders own 1.73% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on JBL shares. Wall Street Zen lowered shares of Jabil from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 12th. UBS Group lifted their price target on shares of Jabil from $157.00 to $208.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 18th. Zacks Research lowered shares of Jabil from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 26th. JPMorgan Chase & Co. lifted their price target on shares of Jabil from $214.00 to $256.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. Finally, The Goldman Sachs Group lifted their price target on shares of Jabil from $188.00 to $215.00 and gave the stock a "buy" rating in a research note on Wednesday, June 18th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $231.71.

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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