Meeder Asset Management Inc. Acquires New Stake in Jabil, Inc. $JBL

Meeder Asset Management Inc. bought a new position in Jabil, Inc. (NYSE:JBLFree Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,538 shares of the technology company’s stock, valued at approximately $2,135,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Todd Asset Management LLC increased its holdings in Jabil by 1.9% during the fourth quarter. Todd Asset Management LLC now owns 336,356 shares of the technology company’s stock valued at $76,696,000 after buying an additional 6,179 shares during the last quarter. Jefferies Financial Group Inc. purchased a new position in shares of Jabil during the 4th quarter worth $7,061,000. Jackson Creek Investment Advisors LLC grew its position in shares of Jabil by 386.2% during the 4th quarter. Jackson Creek Investment Advisors LLC now owns 11,290 shares of the technology company’s stock valued at $2,574,000 after acquiring an additional 8,968 shares during the period. Western Wealth Management LLC bought a new stake in shares of Jabil during the 1st quarter valued at $1,333,000. Finally, Allstate Corp increased its stake in shares of Jabil by 98.0% in the 4th quarter. Allstate Corp now owns 7,959 shares of the technology company’s stock worth $1,815,000 after purchasing an additional 3,939 shares in the last quarter. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. JPMorgan Chase & Co. lifted their target price on Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. Stifel Nicolaus set a $460.00 price objective on Jabil and gave the stock a “buy” rating in a research note on Thursday, June 18th. Robert W. Baird lifted their target price 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. Barclays upped their price target on Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a research note on Thursday, June 18th. Finally, Argus set a $475.00 price objective on Jabil in a research report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Jabil currently has a consensus rating of “Buy” and an average price target of $453.67.

Check Out Our Latest Stock Report on Jabil

Insider Transactions at Jabil

In other news, EVP Matthew Crowley sold 94 shares of the firm’s stock in a transaction that occurred 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 sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.35% of the stock is currently owned by company insiders.

Jabil Price Performance

JBL stock opened at $338.93 on Wednesday. Jabil, Inc. has a 52 week low of $189.60 and a 52 week high of $428.93. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17. The company has a fifty day simple moving average of $343.54 and a two-hundred day simple moving average of $314.32. The firm has a market capitalization of $35.52 billion, a P/E ratio of 42.31, a price-to-earnings-growth ratio of 1.09 and a beta of 1.30.

Jabil (NYSE:JBLGet Free Report) last issued its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.06. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The business had revenue of $8.75 billion during the quarter, compared to analysts’ expectations of $8.61 billion. During the same period last year, the company posted $2.55 EPS. The business’s revenue was up 11.8% on a year-over-year basis. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. Analysts anticipate that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.

Jabil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Friday, August 14th will be given a dividend of $0.08 per share. The ex-dividend date is Friday, August 14th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s dividend payout ratio is 4.00%.

Jabil Profile

(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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Institutional Ownership by Quarter for Jabil (NYSE:JBL)

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