Whalen Wealth Management Inc. Sells 160 Shares of Jabil, Inc. $JBL

by · The Cerbat Gem

Whalen Wealth Management Inc. lessened its holdings in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 5.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,568 shares of the technology company’s stock after selling 160 shares during the quarter. Whalen Wealth Management Inc.’s holdings in Jabil were worth $560,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. GFG Capital LLC acquired a new position in Jabil during the second quarter valued at approximately $26,000. Creative Financial Designs Inc. ADV acquired a new position in Jabil during the first quarter valued at approximately $27,000. Groupe la Francaise grew its holdings in Jabil by 35.2% during the first quarter. Groupe la Francaise now owns 246 shares of the technology company’s stock valued at $34,000 after purchasing an additional 64 shares during the last quarter. Golden State Wealth Management LLC grew its holdings in Jabil by 2,400.0% during 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. Finally, Wayfinding Financial LLC acquired a new position in Jabil during the first quarter valued at approximately $52,000. Institutional investors own 93.39% of the company’s stock.

Insider Buying and Selling at Jabil

In other Jabil news, CFO Gregory B. Hebard sold 6,086 shares of Jabil stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of $213.54, for a total transaction of $1,299,604.44. Following the sale, the chief financial officer owned 58,526 shares in the company, valued at $12,497,642.04. The trade was a 9.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Chairman Mark T. Mondello sold 40,000 shares of Jabil stock in a transaction on Friday, October 17th. The stock was sold at an average price of $207.77, for a total transaction of $8,310,800.00. Following the sale, the chairman owned 1,258,942 shares in the company, valued at $261,570,379.34. This represents a 3.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 119,925 shares of company stock worth $25,193,421 over the last three months. 1.73% of the stock is currently owned by corporate insiders.

Jabil Trading Up 1.6%

Shares of Jabil stock opened at $214.55 on Wednesday. The company’s fifty day simple moving average is $210.17 and its 200-day simple moving average is $195.87. The company has a market cap of $22.92 billion, a price-to-earnings ratio of 36.00, a PEG ratio of 1.50 and a beta of 1.26. 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 1 year low of $108.66 and a 1 year high of $237.14.

Jabil (NYSE:JBL – Get Free Report) last posted its quarterly 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 return on equity of 68.63% and a net margin of 2.20%.The business had revenue of $8.30 billion for the quarter, compared to analyst estimates of $7.63 billion. During the same quarter in the prior year, the firm earned $2.30 EPS. The firm’s quarterly revenue 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. As a group, sell-side analysts expect that Jabil, Inc. will post 8.05 EPS for the current year.

Jabil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th will be paid a dividend of $0.08 per share. The ex-dividend date is Monday, November 17th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s payout ratio is currently 5.37%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on JBL shares. UBS Group set a $241.00 price target on Jabil in a report on Sunday, September 28th. JPMorgan Chase & Co. increased their price target on Jabil from $214.00 to $256.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. Bank of America increased their price target on Jabil from $245.00 to $255.00 and gave the company a “buy” rating in a report on Friday, September 26th. Stifel Nicolaus initiated coverage on shares of Jabil in a research note on Wednesday, July 2nd. They issued a “buy” rating and a $245.00 price objective on the stock. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Jabil in a research note on Tuesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $248.43.

View Our Latest Research Report on JBL

About Jabil

(Free Report)

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).

Featured Articles