Vista Investment Partners II LLC Makes New $2.75 Million Investment in Jabil, Inc. $JBL

Key Points

• Vista Investment Partners II LLC opened a new position in Jabil by purchasing 12,065 shares valued at approximately $2.75 million during the fourth quarter.
• Jabil beat quarterly estimates, reporting $2.69 EPS vs. $2.51 expected and $8.28 billion in revenue (up 23.1% year-over-year).
• Analysts have recently raised targets (Bank of America to $295, Stifel to $290) with a MarketBeat average target of $283.25, while insiders sold about 77,485 shares (~$19.8M) and institutions own roughly 93.39% of the stock.

Vista Investment Partners II LLC purchased a new position in shares of Jabil, Inc. (NYSE:JBL - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,065 shares of the technology company's stock, valued at approximately $2,751,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Savant Capital LLC raised its position in Jabil by 0.9% during the third quarter. Savant Capital LLC now owns 5,828 shares of the technology company's stock worth $1,266,000 after acquiring an additional 54 shares in the last quarter. Brown Brothers Harriman & Co. raised its position in Jabil by 1.9% during the third quarter. Brown Brothers Harriman & Co. now owns 2,900 shares of the technology company's stock worth $630,000 after acquiring an additional 54 shares in the last quarter. TD Private Client Wealth LLC raised its position in Jabil by 11.2% during the third quarter. TD Private Client Wealth LLC now owns 584 shares of the technology company's stock worth $127,000 after acquiring an additional 59 shares in the last quarter. Measured Wealth Private Client Group LLC raised its position in Jabil by 2.1% during the third quarter. Measured Wealth Private Client Group LLC now owns 2,823 shares of the technology company's stock worth $613,000 after acquiring an additional 59 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its position in Jabil by 2.8% during the third quarter. Tower Research Capital LLC TRC now owns 2,225 shares of the technology company's stock worth $483,000 after acquiring an additional 60 shares in the last quarter. 93.39% of the stock is owned by institutional investors.

Jabil Price Performance

Shares of JBL opened at $293.24 on Friday. The firm has a market capitalization of $30.97 billion, a PE ratio of 39.36, a PEG ratio of 1.49 and a beta of 1.16. The company's 50-day moving average is $260.37 and its 200-day moving average is $233.89. Jabil, Inc. has a fifty-two week low of $127.72 and a fifty-two week high of $295.22. The company has a debt-to-equity ratio of 2.50, a current ratio of 1.01 and a quick ratio of 0.68.

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 for the quarter, beating the consensus estimate of $2.51 by $0.18. The company had revenue of $8.28 billion for the quarter, compared to analyst estimates of $7.75 billion. Jabil had a net margin of 2.48% and a return on equity of 80.96%. The company's revenue was up 23.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.94 earnings per share. Equities analysts forecast that Jabil, Inc. will post 8.05 EPS for the current year.

Jabil Dividend Announcement

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

Insiders Place Their Bets

In related news, CEO Michael Dastoor sold 15,000 shares of the company's stock in a transaction dated 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 directly owned 262,566 shares in the company, valued at approximately $64,830,171.06. This represents a 5.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Adam E. Berry sold 1,596 shares of the company's stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $253.20, for a total transaction of $404,107.20. Following the completion of the transaction, the senior vice president owned 18,920 shares in the company, valued at $4,790,544. This trade represents a 7.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 77,485 shares of company stock valued at $19,836,802 in the last three months. Insiders own 1.35% of the company's stock.

Analysts Set New Price Targets

JBL has been the topic of several analyst reports. Bank of America upped their price target on shares of Jabil from $280.00 to $295.00 and gave the stock a "buy" rating in a research report on Thursday, March 19th. Zacks Research lowered shares of Jabil from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 16th. Stifel Nicolaus increased their price objective on shares of Jabil from $255.00 to $290.00 and gave the company a "buy" rating in a research report on Thursday, March 19th. Wall Street Zen raised shares of Jabil from a "buy" rating to a "strong-buy" rating in a research report on Saturday, March 21st. Finally, UBS Group increased their price objective on shares of Jabil from $244.00 to $254.00 and gave the company a "neutral" rating in a research report on Tuesday, March 10th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $283.25.

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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