19,991 Shares in Jabil, Inc. $JBL Acquired by Moore Capital Management LP

Key Points

• Moore Capital Management acquired 19,991 Jabil shares worth approximately $7.7 million during the second quarter. Institutional investors and hedge funds collectively own 93.39% of Jabil’s outstanding stock.
• Analysts remain broadly bullish, with one Strong Buy, eight Buy and one Hold rating; the consensus price target is $453.67, despite some recent rating adjustments.
• Jabil exceeded quarterly expectations with adjusted earnings of $3.16 per share and revenue of $8.75 billion, while revenue rose 11.8% year over year. The company also announced a quarterly dividend of $0.08 per share, equivalent to a 0.1% annual yield.

Moore Capital Management LP purchased a new stake in Jabil, Inc. (NYSE:JBL - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 19,991 shares of the technology company's stock, valued at approximately $7,706,000.

Other institutional investors have also recently bought and sold shares of the company. Todd Asset Management LLC boosted its holdings in Jabil by 1.9% during the fourth quarter. Todd Asset Management LLC now owns 336,356 shares of the technology company's stock worth $76,696,000 after buying an additional 6,179 shares during the last quarter. Jefferies Financial Group Inc. bought a new stake in shares of Jabil in the 4th quarter valued at about $7,061,000. Jackson Creek Investment Advisors LLC boosted its stake in Jabil by 386.2% during the 4th quarter. Jackson Creek Investment Advisors LLC now owns 11,290 shares of the technology company's stock worth $2,574,000 after acquiring an additional 8,968 shares during the last quarter. Western Wealth Management LLC bought a new position in Jabil during the 1st quarter worth approximately $1,333,000. Finally, National Pension Service grew its holdings in Jabil by 582.6% during the fourth quarter. National Pension Service now owns 224,903 shares of the technology company's stock valued at $51,282,000 after purchasing an additional 191,956 shares during the period. Institutional investors and hedge funds own 93.39% of the company's stock.

Analysts Set New Price Targets

JBL has been the topic of several analyst reports. Weiss Ratings lowered shares of Jabil from a "buy (b)" rating to a "buy (b-)" rating in a report on Wednesday, August 12th. The Goldman Sachs Group boosted their price target on shares of Jabil from $384.00 to $482.00 and gave the company a "buy" rating in a report on Thursday, June 18th. Barclays upped their price objective on shares of Jabil from $304.00 to $426.00 and gave the company an "overweight" rating in a research report on Thursday, June 18th. Argus set a $475.00 target price on Jabil in a report on Thursday, June 18th. Finally, Stifel Nicolaus set a $460.00 target price on Jabil and gave the company a "buy" rating in a research note on Thursday, June 18th. One 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 stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $453.67.

Insiders Place Their Bets

In other Jabil news, EVP Matthew Crowley sold 94 shares of the 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 directly owned 57,536 shares of the company's stock, valued at $19,849,920. This represents a 0.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.35% of the stock is currently owned by corporate insiders.

Jabil Stock Up 0.1%

NYSE:JBL opened at $301.69 on Monday. The firm has a market capitalization of $31.61 billion, a price-to-earnings ratio of 37.66, a price-to-earnings-growth ratio of 0.90 and a beta of 1.30. Jabil, Inc. has a twelve month low of $189.60 and a twelve month high of $428.93. The stock's 50 day moving average price is $333.51 and its two-hundred day moving average price is $317.97. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17.

Jabil (NYSE:JBL - Get Free Report) last announced its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 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 quarter last year, the company posted $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. Equities research analysts expect that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.

Jabil Dividend Announcement

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

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.

Want to see what other hedge funds are holding JBL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jabil, Inc. (NYSE:JBL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source