HighTower Advisors LLC lifted its holdings in Jabil, Inc. (NYSE:JBL – Free Report) by 14.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 48,626 shares of the technology company’s stock after acquiring an additional 6,071 shares during the quarter. HighTower Advisors LLC’s holdings in Jabil were worth $18,744,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Rakuten Securities Inc. acquired a new stake in Jabil during the second quarter valued at approximately $25,000. Bell Investment Advisors Inc acquired a new position in Jabil in the second quarter worth approximately $35,000. PenderFund Capital Management Ltd. bought a new position in shares of Jabil in the second quarter valued at $44,000. Persistent Asset Partners Ltd bought a new position in shares of Jabil in the second quarter valued at $45,000. Finally, Jones Financial Companies Lllp acquired a new stake in shares of Jabil during the 2nd quarter valued at $46,000. 93.39% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Jabil
In related 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 transaction, the executive vice president directly owned 57,536 shares of the company’s stock, valued at approximately $19,849,920. This trade represents a 0.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.35% of the company’s stock.
Analyst Upgrades and Downgrades
Get Our Latest Stock Analysis on Jabil
Jabil Stock Performance
Shares of JBL stock opened at $311.74 on Wednesday. Jabil, Inc. has a fifty-two week low of $189.60 and a fifty-two week high of $428.93. The stock’s 50-day moving average is $324.11 and its two-hundred day moving average is $320.38. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66. The firm has a market cap of $32.67 billion, a P/E ratio of 38.92, a PEG ratio of 0.70 and a beta of 1.29.
Jabil (NYSE:JBL – Get Free Report) last posted its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $8.75 billion during the quarter, compared to analysts’ expectations of $8.61 billion. During the same period in the previous year, the company earned $2.55 earnings per share. The company’s revenue was up 11.8% compared to the same quarter last year. 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 predict 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 was paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. Jabil’s dividend payout ratio is currently 4.00%.
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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