Simmons Bank Takes $301,000 Position in Jabil, Inc. $JBL

Simmons Bank purchased a new stake in Jabil, Inc. (NYSE:JBL) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 1,380 shares of the technology company’s stock, valued at approximately $301,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JBL. Wellington Management Group LLP lifted its position in Jabil by 12.9% during the 1st 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 period. JPMorgan Chase & Co. grew its holdings in shares of Jabil by 15.7% in the 1st quarter. JPMorgan Chase & Co. now owns 2,173,095 shares of the technology company’s stock valued at $295,693,000 after buying an additional 295,496 shares during the period. Northern Trust Corp increased its holdings in shares of Jabil by 8.3% in the first quarter. Northern Trust Corp now owns 1,384,364 shares of the technology company’s stock worth $188,370,000 after acquiring an additional 105,632 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its stake in Jabil by 119.9% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,215,678 shares of the technology company’s stock worth $165,417,000 after purchasing an additional 662,938 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Jabil by 25.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 928,031 shares of the technology company’s stock worth $126,277,000 after acquiring an additional 190,754 shares during the period. 93.39% of the stock is owned by institutional investors.

Jabil Stock Performance

Jabil stock opened at $215.17 on Friday. The business has a 50 day moving average of $211.64 and a 200-day moving average of $199.52. The company has a market capitalization of $22.99 billion, a P/E ratio of 36.10, a P/E/G ratio of 1.58 and a beta of 1.26. Jabil, Inc. has a 1 year low of $108.66 and a 1 year high of $237.14. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 0.66.

Jabil (NYSE:JBL) last announced its quarterly earnings results on Thursday, September 25th. The technology company reported $1.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by ($0.93). The business had revenue of $8.30 billion during 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 company’s revenue was up 18.5% compared to the same quarter last year. During the same quarter last year, the company posted $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. On average, equities research analysts predict 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, December 2nd. Stockholders of record on Monday, November 17th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil’s dividend payout ratio is presently 5.37%.

Analysts Set New Price Targets

JBL has been the topic of a number of research reports. Wall Street Zen raised shares of Jabil from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a research report on Tuesday, October 14th. Barclays boosted their price target on Jabil from $223.00 to $267.00 and gave the company an “overweight” rating in a research note on Friday, September 26th. JPMorgan Chase & Co. increased their target price on shares of Jabil from $214.00 to $256.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Finally, Zacks Research cut Jabil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. One 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 company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $248.43.

Insider Activity at Jabil

In related news, Chairman Mark T. Mondello sold 40,000 shares of Jabil stock in a transaction that occurred on Friday, October 17th. The stock was sold at an average price of $207.77, for a total value of $8,310,800.00. Following the transaction, the chairman directly owned 1,258,942 shares of the company’s stock, valued at $261,570,379.34. The trade was a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Matthew Crowley sold 3,877 shares of the firm’s stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $202.59, for a total transaction of $785,441.43. Following the transaction, the executive vice president owned 58,736 shares of the company’s stock, valued at approximately $11,899,326.24. The trade was a 6.19% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 131,762 shares of company stock valued at $27,886,321 over the last ninety days. Insiders own 1.73% of the company’s stock.

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).