J. Goldman & Co LP purchased a new stake in Jabil, Inc. (NYSE:JBL - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,500 shares of the technology company's stock, valued at approximately $1,735,000.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Rakuten Securities Inc. acquired a new position in shares of Jabil during the second quarter valued at about $25,000. Bell Investment Advisors Inc bought a new stake in shares of Jabil in the second quarter valued at about $35,000. Persistent Asset Partners Ltd acquired a new stake in Jabil during the second quarter worth about $45,000. Jones Financial Companies Lllp bought a new position in Jabil during the second quarter valued at about $46,000. Finally, Greenline Wealth Management LLC bought a new position in Jabil during the fourth quarter valued at about $28,000. 93.39% of the stock is currently owned by institutional investors and hedge funds.
Jabil Stock Up 1.4%
Shares of NYSE:JBL opened at $309.05 on Wednesday. The company's fifty day moving average is $337.34 and its 200-day moving average is $316.85. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98. Jabil, Inc. has a 52 week low of $189.60 and a 52 week high of $428.93. The company has a market capitalization of $32.38 billion, a PE ratio of 38.58, a P/E/G ratio of 0.91 and a beta of 1.30.
Jabil (NYSE:JBL - Get Free Report) last announced its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, topping 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 business 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 EPS. The firm'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 research analysts predict that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.
Jabil Announces Dividend
The company also recently disclosed 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. 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 dividend payout ratio (DPR) is presently 4.00%.
Insider Activity
In other news, EVP Matthew Crowley sold 94 shares of the business's stock in a transaction that occurred on Monday, July 6th. The stock was 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. The trade was a 0.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.35% of the company's stock.
Analyst Ratings Changes
A number of analysts have commented on JBL shares. JPMorgan Chase & Co. raised 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. Zacks Research lowered Jabil from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 17th. Robert W. Baird raised their target price on Jabil from $355.00 to $440.00 and gave the stock an "outperform" rating in a research report on Thursday, June 18th. The Goldman Sachs Group lifted their price target on shares of Jabil from $384.00 to $482.00 and gave the stock a "buy" rating in a research note on Thursday, June 18th. Finally, Stifel Nicolaus set a $460.00 price target on shares of Jabil and gave the company a "buy" rating in a report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $453.67.
View Our Latest Report on JBL
Jabil Company Profile
(
Free Report)
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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