Michael Dastoor Sells 15,000 Shares of Jabil (NYSE:JBL) Stock

by · The Cerbat Gem

Jabil, Inc. (NYSE:JBL – Get Free Report) CEO Michael Dastoor sold 15,000 shares of the business’s stock in a transaction on Thursday, January 22nd. The shares were sold at an average price of $246.91, for a total transaction of $3,703,650.00. Following the sale, the chief executive officer directly owned 262,566 shares in the company, valued at approximately $64,830,171.06. This trade represents a 5.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Jabil Stock Down 0.5%

Shares of Jabil stock traded down $1.19 during midday trading on Monday, hitting $241.95. The company’s stock had a trading volume of 957,254 shares, compared to its average volume of 1,194,470. Jabil, Inc. has a 1-year low of $108.66 and a 1-year high of $258.05. The company has a quick ratio of 0.67, a current ratio of 0.99 and a debt-to-equity ratio of 1.77. The firm has a market capitalization of $25.55 billion, a P/E ratio of 37.63, a PEG ratio of 1.56 and a beta of 1.25. The stock has a 50-day simple moving average of $224.63 and a 200-day simple moving average of $217.93.

Jabil (NYSE:JBL – Get Free Report) last posted its quarterly earnings results on Wednesday, December 17th. The technology company reported $2.85 earnings per share for the quarter, beating the consensus estimate of $2.70 by $0.15. Jabil had a return on equity of 75.96% and a net margin of 2.26%.The firm had revenue of $8.31 billion for the quarter, compared to analyst estimates of $8.07 billion. During the same period in the previous year, the firm earned $2.00 earnings per share. Jabil’s quarterly revenue was up 18.7% on a year-over-year basis. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS. As a group, sell-side analysts expect that Jabil, Inc. will post 8.05 earnings per share for the current year.

Jabil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Tuesday, February 17th. Jabil’s dividend payout ratio (DPR) is currently 4.98%.

Analysts Set New Price Targets

A number of research firms have issued reports on JBL. JPMorgan Chase & Co. increased their target price on shares of Jabil from $260.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. The Goldman Sachs Group reiterated a “buy” rating and set a $282.00 price objective on shares of Jabil in a report on Thursday, January 15th. Barclays boosted their target price on Jabil from $267.00 to $283.00 and gave the company an “overweight” rating in a research note on Thursday, December 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a research note on Friday, January 9th. Finally, Zacks Research raised Jabil from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Jabil presently has an average rating of “Buy” and an average target price of $263.71.

Read Our Latest Analysis on JBL

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Ashton Thomas Private Wealth LLC boosted its position in Jabil by 1.2% during the second quarter. Ashton Thomas Private Wealth LLC now owns 4,120 shares of the technology company’s stock worth $899,000 after purchasing an additional 48 shares during the period. Assetmark Inc. lifted its stake in shares of Jabil by 45.8% in the second quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock worth $34,000 after buying an additional 49 shares during the last quarter. Savant Capital LLC boosted its holdings in shares of Jabil by 0.9% during the 3rd quarter. Savant Capital LLC now owns 5,828 shares of the technology company’s stock worth $1,266,000 after buying an additional 54 shares during the period. Brown Brothers Harriman & Co. boosted its holdings in shares of Jabil by 1.9% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,900 shares of the technology company’s stock worth $630,000 after buying an additional 54 shares during the period. Finally, AlphaCore Capital LLC grew its stake in Jabil by 1.8% in the 2nd quarter. AlphaCore Capital LLC now owns 3,263 shares of the technology company’s stock valued at $712,000 after buying an additional 57 shares during the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.

Jabil Company Profile

(Get Free Report)

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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