Vega Investment Solutions acquired a new position in Jabil, Inc. (NYSE:JBL – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 27,387 shares of the technology company’s stock, valued at approximately $10,263,000. Jabil makes up about 1.5% of Vega Investment Solutions’ investment portfolio, making the stock its 19th largest holding.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Todd Asset Management LLC increased its position in shares of Jabil by 1.9% during the 4th quarter. Todd Asset Management LLC now owns 336,356 shares of the technology company’s stock valued at $76,696,000 after purchasing an additional 6,179 shares during the last quarter. Jefferies Financial Group Inc. purchased a new position in shares of Jabil in the 4th quarter worth about $7,061,000. Jackson Creek Investment Advisors LLC grew its position in Jabil by 386.2% during the fourth quarter. Jackson Creek Investment Advisors LLC now owns 11,290 shares of the technology company’s stock valued at $2,574,000 after buying an additional 8,968 shares during the period. Western Wealth Management LLC purchased a new stake in Jabil during the first quarter worth about $1,333,000. Finally, Allstate Corp raised its position in Jabil by 98.0% in the fourth quarter. Allstate Corp now owns 7,959 shares of the technology company’s stock worth $1,815,000 after acquiring an additional 3,939 shares during the period. Hedge funds and other institutional investors own 93.39% of the company’s stock.
Insider Activity
In other news, EVP Matthew Crowley sold 94 shares of the firm’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 directly owned 57,536 shares in the company, valued at approximately $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.35% of the company’s stock.
Jabil Price Performance
Jabil (NYSE:JBL – Get Free Report) last released its quarterly earnings data 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. The company had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.55 EPS. 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, equities research analysts forecast that Jabil, Inc. will post 11.71 EPS for the current year.
Jabil Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders 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 annualized dividend and a dividend yield of 0.1%. Jabil’s dividend payout ratio is currently 4.00%.
Wall Street Analysts Forecast Growth
JBL has been the topic of a number of research analyst reports. The Goldman Sachs Group boosted their target price on shares of Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Bank of America restated a “buy” rating and set a $470.00 price target on shares of Jabil in a research note on Thursday, June 18th. JPMorgan Chase & Co. upped their price objective on Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a research note on Thursday, June 18th. Zacks Research lowered Jabil from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. Finally, Weiss Ratings downgraded Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Jabil has an average rating of “Buy” and a consensus target price of $453.67.
Check Out Our Latest Analysis on JBL
About Jabil
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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