Concurrent Investment Advisors LLC Acquires 7,257 Shares of Jabil, Inc. $JBL

Key Points

• Concurrent Investment Advisors LLC increased its Jabil stake by 255% in the second quarter, buying 7,257 additional shares to hold 10,103 shares valued at approximately $3.9 million.
• Institutional investors own 93.39% of Jabil, while analysts maintain a consensus “Buy” rating with an average price target of $453.67.
• Jabil exceeded quarterly earnings and revenue expectations, reporting $3.16 in EPS and $8.75 billion in revenue, up 11.8% year over year; the company also pays a quarterly dividend of $0.08 per share.

Concurrent Investment Advisors LLC increased its holdings in Jabil, Inc. (NYSE:JBL - Free Report) by 255.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,103 shares of the technology company's stock after buying an additional 7,257 shares during the quarter. Concurrent Investment Advisors LLC's holdings in Jabil were worth $3,894,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in JBL. Integrated Wealth Concepts LLC grew its position in shares of Jabil by 34.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,811 shares of the technology company's stock valued at $382,000 after acquiring an additional 720 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Jabil by 70.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,320 shares of the technology company's stock worth $2,493,000 after purchasing an additional 7,602 shares during the period. Focus Partners Wealth lifted its position in Jabil by 20.0% during the first quarter. Focus Partners Wealth now owns 4,967 shares of the technology company's stock valued at $676,000 after purchasing an additional 829 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in Jabil by 50.0% during the first quarter. Geneos Wealth Management Inc. now owns 582 shares of the technology company's stock valued at $79,000 after purchasing an additional 194 shares during the period. Finally, Jump Financial LLC bought a new stake in Jabil during the second quarter valued at about $488,000. 93.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on JBL. Argus set a $475.00 price objective on Jabil in a research note on Thursday, June 18th. Robert W. Baird boosted their price objective on Jabil from $355.00 to $440.00 and gave the company an "outperform" rating in a research note on Thursday, June 18th. Weiss Ratings raised shares of Jabil from a "buy (b-)" rating to a "buy (b)" rating in a report on Monday, August 31st. Barclays raised their target price on shares of Jabil from $304.00 to $426.00 and gave the stock an "overweight" rating in a research note on Thursday, June 18th. Finally, Bank of America reaffirmed a "buy" rating and set a $470.00 price target on shares of Jabil in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of $453.67.

Insider Activity at Jabil

In other news, EVP Matthew Crowley sold 94 shares of the business's stock in a transaction 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 transaction, the executive vice president owned 57,536 shares of the company's stock, valued at approximately $19,849,920. The trade was a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.35% of the company's stock.

Jabil Stock Performance

NYSE JBL opened at $310.50 on Tuesday. The firm has a market cap of $32.54 billion, a price-to-earnings ratio of 38.76, a price-to-earnings-growth ratio of 0.70 and a beta of 1.29. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17. The business has a 50-day moving average price of $325.59 and a 200-day moving average price of $320.02. Jabil, Inc. has a twelve month low of $189.60 and a twelve month high of $428.93.

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, topping the consensus estimate of $3.10 by $0.06. Jabil had a return on equity of 83.93% and a net margin of 2.57%.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 business posted $2.55 earnings per share. The firm's revenue 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. As a group, equities research analysts predict that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th were given a dividend of $0.08 per share. The ex-dividend date was 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%.

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.

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