Matthew Crowley Sells 2,656 Shares of Jabil (NYSE:JBL) Stock

Key Points

• Matthew Crowley, EVP of Jabil, sold 2,656 shares at an average price of $210.31, decreasing his ownership by 4.07% to a total of 62,613 shares valued at approximately $13.17 million.
• Jabil's stock price has seen a decline of 1.3%, trading at $201.30 after recently reporting quarterly earnings that missed analyst estimates, but revenue exceeded expectations.
• The company announced a quarterly dividend of $0.08 per share, resulting in an annualized payout of $0.32 and a dividend yield of 0.2%.

Jabil, Inc. (NYSE:JBL - Get Free Report) EVP Matthew Crowley sold 2,656 shares of the company's stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $210.31, for a total value of $558,583.36. Following the transaction, the executive vice president directly owned 62,613 shares in the company, valued at $13,168,140.03. The trade was a 4.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Matthew Crowley also recently made the following trade(s):

• On Tuesday, October 21st, Matthew Crowley sold 3,877 shares of Jabil stock. The shares were sold at an average price of $202.59, for a total transaction of $785,441.43.

Jabil Stock Down 1.3%

JBL traded down $2.72 during trading on Tuesday, hitting $201.30. 1,134,565 shares of the company's stock were exchanged, compared to its average volume of 1,490,356. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 1.57. The business's 50 day moving average is $210.76 and its two-hundred day moving average is $192.59. Jabil, Inc. has a fifty-two week low of $108.66 and a fifty-two week high of $237.14. The stock has a market cap of $21.51 billion, a P/E ratio of 33.78, a PEG ratio of 1.45 and a beta of 1.26.

Jabil (NYSE:JBL - Get Free Report) last issued its quarterly earnings data on Thursday, September 25th. The technology company reported $1.99 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.92 by ($0.93). The business had revenue of $8.30 billion for the quarter, compared to analyst estimates of $7.63 billion. Jabil had a net margin of 2.20% and a return on equity of 68.63%. The firm's quarterly revenue was up 18.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.30 earnings per share. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. As a group, equities analysts expect that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.

Jabil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Monday, November 17th will be issued 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 is Monday, November 17th. Jabil's dividend payout ratio (DPR) is currently 5.37%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on JBL. Bank of America upped their price target on Jabil from $245.00 to $255.00 and gave the stock a "buy" rating in a report on Friday, September 26th. JPMorgan Chase & Co. lifted their price objective on shares of Jabil from $214.00 to $256.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Stifel Nicolaus began coverage on shares of Jabil in a report on Wednesday, July 2nd. They issued a "buy" rating and a $245.00 target price for the company. Weiss Ratings reissued a "hold (c)" rating on shares of Jabil in a research report on Tuesday, October 14th. Finally, Wall Street Zen raised shares of Jabil from a "buy" rating to a "strong-buy" rating in a research report on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Jabil has a consensus rating of "Moderate Buy" and an average target price of $248.43.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Norges Bank bought a new position in shares of Jabil during the 2nd quarter valued at approximately $323,338,000. Boston Partners lifted its stake in Jabil by 224.4% in the second quarter. Boston Partners now owns 1,898,681 shares of the technology company's stock valued at $414,119,000 after purchasing an additional 1,313,338 shares during the last quarter. Wellington Management Group LLP lifted its stake in Jabil by 12.9% in the first quarter. Wellington Management Group LLP now owns 6,556,153 shares of the technology company's stock valued at $892,096,000 after purchasing an additional 747,423 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in Jabil by 119.9% during the first quarter. Jacobs Levy Equity Management Inc. now owns 1,215,678 shares of the technology company's stock valued at $165,417,000 after purchasing an additional 662,938 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its position in Jabil by 4,593.2% in the second quarter. Robeco Institutional Asset Management B.V. now owns 636,776 shares of the technology company's stock worth $138,881,000 after buying an additional 623,208 shares during the last quarter. 93.39% of the stock is currently owned by hedge funds and other institutional investors.

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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