Global Retirement Partners LLC acquired a new position in shares of Jabil, Inc. (NYSE:JBL – Free Report) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 2,375 shares of the technology company’s stock, valued at approximately $916,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Greenline Wealth Management LLC acquired a new stake in shares of Jabil during the fourth quarter worth about $28,000. Virtus Advisers LLC acquired a new position in Jabil during the fourth quarter worth about $32,000. DV Equities LLC purchased a new position in Jabil in the 4th quarter valued at approximately $34,000. Wilkerson Advisory Group LLC acquired a new position in shares of Jabil during the 4th quarter worth $34,000. Finally, Leonteq Securities AG acquired a new stake in shares of Jabil in the fourth quarter valued at approximately $42,000. 93.39% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several research firms have commented on JBL. Zacks Research raised shares of Jabil from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 2nd. Weiss Ratings downgraded Jabil from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. Bank of America restated a “buy” rating and set a $470.00 price objective on shares of Jabil in a research note on Thursday, June 18th. Robert W. Baird increased their price objective on shares of Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a research note on Thursday, June 18th. Finally, Stifel Nicolaus set a $460.00 price target on shares of Jabil and gave the stock a “buy” rating in a research report on Thursday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating and eight have given a Buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $453.67.
Jabil Stock Performance
NYSE:JBL opened at $338.93 on Wednesday. The firm has a market capitalization of $35.52 billion, a PE ratio of 42.31, a PEG ratio of 1.09 and a beta of 1.30. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17. Jabil, Inc. has a 1 year low of $189.60 and a 1 year high of $428.93. The firm’s fifty day simple moving average is $343.54 and its 200 day simple moving average is $314.32.
Jabil (NYSE:JBL – Get Free Report) last issued its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.10 by $0.06. The company had revenue of $8.75 billion for the quarter, compared to the consensus estimate of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The firm’s revenue was up 11.8% compared to the same quarter last year. During the same period last year, the business posted $2.55 earnings per share. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. On average, sell-side analysts anticipate that Jabil, Inc. will post 11.71 EPS for the current year.
Jabil Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Friday, August 14th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Friday, August 14th. Jabil’s dividend payout ratio (DPR) is presently 4.00%.
Insider Buying and Selling
In related news, EVP Matthew Crowley sold 94 shares of the firm’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $345.00, for a total value of $32,430.00. Following the completion of the transaction, the executive vice president directly owned 57,536 shares of the company’s stock, valued at $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.35% of the stock is currently owned by company insiders.
Jabil Company Profile
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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