Ieq Capital LLC acquired a new position in Jabil, Inc. (NYSE:JBL – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,263 shares of the technology company’s stock, valued at approximately $5,113,000.
Several other large investors have also recently bought and sold shares of JBL. BlackRock Inc. acquired a new stake in shares of Jabil in the 2nd quarter worth approximately $3,905,704,000. State Street Corp boosted its stake in Jabil by 0.7% during the 3rd quarter. State Street Corp now owns 5,199,646 shares of the technology company’s stock valued at $1,129,207,000 after purchasing an additional 36,646 shares in the last quarter. Primecap Management Co. CA increased its position in shares of Jabil by 0.4% during the 4th quarter. Primecap Management Co. CA now owns 3,343,670 shares of the technology company’s stock valued at $762,424,000 after purchasing an additional 12,600 shares during the period. Geode Capital Management LLC raised its stake in shares of Jabil by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 2,913,157 shares of the technology company’s stock worth $661,783,000 after buying an additional 42,422 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Jabil by 45.7% in the 4th quarter. JPMorgan Chase & Co. now owns 1,884,545 shares of the technology company’s stock worth $429,714,000 after buying an additional 591,364 shares in the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on JBL. Barclays raised their target price on Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a research note on Thursday, June 18th. UBS Group raised shares of Jabil from a “neutral” rating to a “buy” rating and set a $430.00 price target for the company in a report on Tuesday, August 11th. Argus set a $475.00 price objective on shares of Jabil in a research report on Thursday, June 18th. Weiss Ratings cut shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Finally, Zacks Research downgraded shares of Jabil from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. One research 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. According to MarketBeat.com, Jabil presently has an average rating of “Buy” and an average target price of $453.67.
Insider Buying and Selling
In other news, EVP Matthew Crowley sold 94 shares of Jabil stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $345.00, for a total transaction of $32,430.00. Following the completion of the sale, the executive vice president directly owned 57,536 shares in the company, valued at $19,849,920. The trade was a 0.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.35% of the stock is owned by company insiders.
Jabil Trading Down 0.1%
NYSE JBL opened at $312.91 on Monday. Jabil, Inc. has a twelve month low of $189.60 and a twelve month high of $428.93. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98. The stock has a market cap of $32.79 billion, a price-to-earnings ratio of 39.06, a PEG ratio of 0.94 and a beta of 1.30. The firm’s 50 day moving average price is $340.28 and its two-hundred day moving average price is $315.92.
Jabil (NYSE:JBL – Get Free Report) last released 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 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 analyst estimates of $8.61 billion. During the same quarter in the prior year, the company earned $2.55 earnings per share. The company’s revenue for the quarter 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. Equities analysts anticipate that Jabil, Inc. will post 11.71 EPS for the current year.
Jabil Dividend Announcement
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 issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Friday, August 14th. Jabil’s 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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