Heartland Bank & Trust Co Invests $672,000 in Jabil, Inc. $JBL

Heartland Bank & Trust Co bought a new stake in Jabil, Inc. (NYSE:JBL) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,744 shares of the technology company’s stock, valued at approximately $672,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Empirical Finance LLC grew its stake in shares of Jabil by 0.6% during the first quarter. Empirical Finance LLC now owns 5,405 shares of the technology company’s stock valued at $1,436,000 after purchasing an additional 31 shares during the last quarter. Assetmark Inc. lifted its holdings in Jabil by 10.6% during the 1st quarter. Assetmark Inc. now owns 344 shares of the technology company’s stock worth $91,000 after buying an additional 33 shares in the last quarter. PenderFund Capital Management Ltd. lifted its holdings in Jabil by 3.3% during the 4th quarter. PenderFund Capital Management Ltd. now owns 1,257 shares of the technology company’s stock worth $287,000 after buying an additional 40 shares in the last quarter. Root Financial Partners LLC boosted its position in Jabil by 11.1% in the 1st quarter. Root Financial Partners LLC now owns 432 shares of the technology company’s stock valued at $115,000 after buying an additional 43 shares during the last quarter. Finally, Cidel Asset Management Inc. increased its stake in shares of Jabil by 4.8% in the 1st quarter. Cidel Asset Management Inc. now owns 991 shares of the technology company’s stock valued at $263,000 after buying an additional 45 shares during the period. Institutional investors and hedge funds own 93.39% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on JBL shares. Zacks Research downgraded Jabil from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. JPMorgan Chase & Co. lifted their price objective on Jabil from $395.00 to $450.00 and gave the stock an “overweight” rating in a research report on Thursday, June 18th. UBS Group raised Jabil from a “neutral” rating to a “buy” rating and set a $430.00 price objective for the company in a report on Tuesday, August 11th. Robert W. Baird raised 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. Finally, Bank of America reiterated a “buy” rating and set a $470.00 price target on shares of Jabil in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $453.67.

Jabil Stock Performance

JBL stock opened at $312.91 on Friday. Jabil, Inc. has a 1-year low of $189.60 and a 1-year high of $428.93. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17. The firm has a market cap of $32.79 billion, a PE ratio of 39.06, a P/E/G ratio of 0.95 and a beta of 1.30. The business’s 50-day moving average price is $340.28 and its two-hundred day moving average price is $315.41.

Jabil (NYSE:JBL) last announced its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.06. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The company had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. During the same period in the prior year, the company earned $2.55 earnings per share. The company’s revenue for the quarter 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. As a group, research analysts forecast that Jabil, Inc. will post 11.71 earnings per share for the current year.

Jabil Announces Dividend

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

Insider Buying and Selling at Jabil

In other news, EVP Matthew Crowley sold 94 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The shares were 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 owned 57,536 shares in the company, valued at $19,849,920. This represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.35% of the stock is owned by company insiders.

Jabil 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.