Public Employees Retirement System of Ohio Reduces Holdings in Jabil, Inc. $JBL

Public Employees Retirement System of Ohio lowered its position in Jabil, Inc. (NYSE:JBL) by 17.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,163 shares of the technology company’s stock after selling 13,368 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Jabil were worth $17,044,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Assetmark Inc. increased its position in shares of Jabil by 10.6% during the first quarter. Assetmark Inc. now owns 344 shares of the technology company’s stock worth $91,000 after acquiring an additional 33 shares during the last quarter. PenderFund Capital Management Ltd. boosted its holdings in Jabil by 3.3% in the fourth quarter. PenderFund Capital Management Ltd. now owns 1,257 shares of the technology company’s stock valued at $287,000 after purchasing an additional 40 shares during the last quarter. Root Financial Partners LLC grew its stake in Jabil by 11.1% during the 1st quarter. Root Financial Partners LLC now owns 432 shares of the technology company’s stock valued at $115,000 after purchasing an additional 43 shares in the last quarter. Cidel Asset Management Inc. grew its stake in Jabil by 4.8% during the 1st quarter. Cidel Asset Management Inc. now owns 991 shares of the technology company’s stock valued at $263,000 after purchasing an additional 45 shares in the last quarter. Finally, Hilton Head Capital Partners LLC increased its holdings in Jabil by 24.6% during the 1st quarter. Hilton Head Capital Partners LLC now owns 263 shares of the technology company’s stock worth $70,000 after purchasing an additional 52 shares during the last quarter. 93.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on JBL shares. Raymond James Financial upped their target price on Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a research report on Thursday, June 18th. Robert W. Baird lifted their price target on shares of Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a research note on Thursday, June 18th. UBS Group upped their price target on shares of Jabil from $380.00 to $430.00 and gave the company a “neutral” rating in a report on Thursday, June 18th. The Goldman Sachs Group increased their price objective 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. Finally, JPMorgan Chase & Co. boosted their target price on shares of Jabil from $395.00 to $450.00 and gave the stock an “overweight” rating in a research report on Thursday, June 18th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Jabil currently has an average rating of “Buy” and a consensus target price of $453.67.

Jabil Stock Performance

Shares of JBL opened at $312.28 on Friday. The stock has a market capitalization of $32.72 billion, a PE ratio of 38.99, a price-to-earnings-growth ratio of 0.94 and a beta of 1.28. The business’s fifty day moving average price is $352.15 and its 200 day moving average price is $302.26. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66. Jabil, Inc. has a 12-month low of $189.60 and a 12-month high of $428.93.

Jabil (NYSE:JBL) last released its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.06. The firm had revenue of $8.75 billion during the quarter, compared to analyst estimates of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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. Equities research analysts forecast that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Announces Dividend

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

Insider Activity

In other Jabil news, EVP Matthew Crowley sold 94 shares of the firm’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $345.00, for a total value of $32,430.00. Following the transaction, the executive vice president 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 legal filing with the SEC, which is available at this link. Also, SVP Gary K. Schick sold 1,000 shares of Jabil stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $340.00, for a total value of $340,000.00. Following the completion of the transaction, the senior vice president owned 39,843 shares of the company’s stock, valued at approximately $13,546,620. The trade was a 2.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.35% of the stock is owned by corporate 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.