Great Lakes Advisors LLC Acquires New Stake in Jabil, Inc. $JBL

Key Points

• Great Lakes Advisors acquired 3,454 Jabil shares worth approximately $1.33 million during the second quarter. Institutional investors collectively own 93.39% of the company.
• Analysts remain broadly optimistic, with Jabil receiving a consensus “Buy” rating and an average price target of $453.67, despite Zacks Research downgrading the stock to “Hold.”
• Jabil reported quarterly adjusted EPS of $3.16 and revenue of $8.75 billion, exceeding estimates, while shares opened at $312.91 and the company declared a quarterly dividend of $0.08 per share.

Great Lakes Advisors LLC acquired a new stake in Jabil, Inc. (NYSE:JBL - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,454 shares of the technology company's stock, valued at approximately $1,332,000.

A number of other large investors also recently bought and sold shares of JBL. Todd Asset Management LLC raised its stake in shares of Jabil by 1.9% during the 4th 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 in the last quarter. Jefferies Financial Group Inc. acquired a new position in Jabil during the fourth quarter worth about $7,061,000. Jackson Creek Investment Advisors LLC lifted its stake in Jabil by 386.2% in the 4th quarter. Jackson Creek Investment Advisors LLC now owns 11,290 shares of the technology company's stock valued at $2,574,000 after buying an additional 8,968 shares in the last quarter. Western Wealth Management LLC purchased a new stake in shares of Jabil in the first quarter valued at $1,333,000. Finally, Allstate Corp lifted its holdings in Jabil by 98.0% in the 4th quarter. Allstate Corp now owns 7,959 shares of the technology company's stock valued at $1,815,000 after purchasing an additional 3,939 shares in the last quarter. Hedge funds and other institutional investors own 93.39% of the company's stock.

Wall Street Analyst Weigh In

JBL has been the subject of several analyst reports. Zacks Research downgraded Jabil from a "strong-buy" rating to a "hold" rating in a report on Monday, August 17th. Argus set a $475.00 price objective on Jabil in a research report on Thursday, June 18th. Robert W. Baird upped their target price on Jabil from $355.00 to $440.00 and gave the company an "outperform" rating in a research note on Thursday, June 18th. UBS Group upgraded Jabil from a "neutral" rating to a "buy" rating and set a $430.00 target price on the stock in a research report on Tuesday, August 11th. Finally, Barclays raised their price target on Jabil from $304.00 to $426.00 and gave the stock an "overweight" rating in a research note on Thursday, June 18th. One investment 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 company. According to data from MarketBeat, Jabil has a consensus rating of "Buy" and a consensus target price of $453.67.

Jabil Stock Down 1.2%

Shares of NYSE JBL opened at $312.91 on Friday. Jabil, Inc. has a 52-week low of $189.60 and a 52-week high of $428.93. The firm has a fifty day moving average of $340.28 and a 200-day moving average of $315.41. The stock has a market capitalization of $32.79 billion, a PE ratio of 39.06, a P/E/G ratio of 0.94 and a beta of 1.30. 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 released its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, topping 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 business had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. During the same period in the prior year, the firm posted $2.55 EPS. The business'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. On average, analysts anticipate that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Dividend Announcement

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 paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, August 14th. Jabil's payout ratio is currently 4.00%.

Insider Buying and Selling at Jabil

In other news, EVP Matthew Crowley sold 94 shares of the business's 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 owned 57,536 shares in the company, valued at approximately $19,849,920. The trade was a 0.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.35% of the stock is owned by corporate insiders.

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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