George Kaiser Family Foundation purchased a new position in shares of Jabil, Inc. (NYSE:JBL - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 25,603 shares of the technology company's stock, valued at approximately $9,869,000. Jabil comprises about 0.9% of George Kaiser Family Foundation's investment portfolio, making the stock its 7th largest position.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Empirical Finance LLC increased its stake in Jabil by 0.6% during the 1st quarter. Empirical Finance LLC now owns 5,405 shares of the technology company's stock worth $1,436,000 after buying an additional 31 shares in the last quarter. Assetmark Inc. lifted its position in shares of Jabil by 10.6% in the first quarter. Assetmark Inc. now owns 344 shares of the technology company's stock valued at $91,000 after acquiring an additional 33 shares in the last quarter. PenderFund Capital Management Ltd. boosted its stake in shares of Jabil by 3.3% in the fourth quarter. PenderFund Capital Management Ltd. now owns 1,257 shares of the technology company's stock worth $287,000 after acquiring an additional 40 shares during the last quarter. Root Financial Partners LLC boosted its stake in shares of Jabil by 11.1% in the first quarter. Root Financial Partners LLC now owns 432 shares of the technology company's stock worth $115,000 after acquiring an additional 43 shares during the last quarter. Finally, Cidel Asset Management Inc. increased its position in shares of Jabil by 4.8% during the first quarter. Cidel Asset Management Inc. now owns 991 shares of the technology company's stock worth $263,000 after purchasing an additional 45 shares in the last quarter. 93.39% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
JBL has been the subject of several recent research reports. The Goldman Sachs Group increased their price objective on Jabil from $384.00 to $482.00 and gave the company a "buy" rating in a research note on Thursday, June 18th. Argus set a $475.00 target price on shares of Jabil in a research note on Thursday, June 18th. UBS Group upgraded shares of Jabil from a "neutral" rating to a "buy" rating and set a $430.00 target price for the company in a research report on Tuesday, August 11th. Barclays boosted their price target on shares of Jabil from $304.00 to $426.00 and gave the stock an "overweight" rating in a research report on Thursday, June 18th. Finally, Bank of America reaffirmed a "buy" rating and set a $470.00 price objective on shares of Jabil in a research note 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 assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $453.67.
View Our Latest Report on JBL
Jabil Price Performance
Jabil stock opened at $312.91 on Friday. The company's 50 day simple moving average is $340.28 and its 200-day simple moving average is $315.41. 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 1 year low of $189.60 and a 1 year high of $428.93. The company has a market capitalization of $32.79 billion, a price-to-earnings ratio of 39.06, a price-to-earnings-growth ratio of 0.94 and a beta of 1.30.
Jabil (NYSE:JBL - Get Free Report) last posted its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, topping analysts' consensus estimates of $3.10 by $0.06. The firm had revenue of $8.75 billion during the quarter, compared to analysts' expectations of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The firm's quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the company posted $2.55 EPS. 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 expect that Jabil, Inc. will post 11.71 earnings per share for the current year.
Jabil Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th will be given 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 dividend payout ratio (DPR) is currently 4.00%.
Insider Buying and Selling at Jabil
In other news, EVP Matthew Crowley sold 94 shares of Jabil stock in a transaction 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 completion of the sale, the executive vice president directly 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 sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.35% of the company's stock.
About Jabil
(
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.
Further Reading
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).
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