Great Lakes Advisors LLC Takes Position in Jabil, Inc. $JBL

Key Points

• Great Lakes Advisors acquired 39,044 Jabil shares during the second quarter, valued at approximately $15.1 million. Institutional investors and hedge funds collectively own 93.39% of Jabil’s stock.
• Analyst sentiment remains positive, with Jabil holding a consensus “Buy” rating and an average price target of $453.67; UBS, Barclays, and Raymond James recently raised their ratings or targets.
• Jabil exceeded quarterly earnings and revenue expectations, reporting $3.16 in EPS and $8.75 billion in revenue, while year-over-year revenue increased 11.8%. The company also declared a quarterly dividend of $0.08 per share.

Great Lakes Advisors LLC purchased a new stake in Jabil, Inc. (NYSE:JBL - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 39,044 shares of the technology company's stock, valued at approximately $15,051,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Greenline Wealth Management LLC bought a new position in Jabil during the fourth quarter valued at approximately $28,000. Veracity Capital LLC increased its stake in shares of Jabil by 4,144.3% during the 4th quarter. Veracity Capital LLC now owns 3,735 shares of the technology company's stock worth $31,000 after purchasing an additional 3,647 shares during the last quarter. Virtus Advisers LLC acquired a new position in shares of Jabil during the 4th quarter worth $32,000. DV Equities LLC bought a new position in shares of Jabil during the 4th quarter valued at $34,000. Finally, Wilkerson Advisory Group LLC acquired a new stake in shares of Jabil in the 4th quarter valued at $34,000. Institutional investors and hedge funds own 93.39% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on JBL shares. Zacks Research upgraded shares of Jabil from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 2nd. Barclays raised their target price on Jabil from $304.00 to $426.00 and gave the company an "overweight" rating in a report on Thursday, June 18th. Raymond James Financial boosted their price target on Jabil from $425.00 to $450.00 and gave the stock a "strong-buy" rating in a research report on Thursday, June 18th. Weiss Ratings downgraded Jabil from a "buy (b)" rating to a "buy (b-)" rating in a research note on Wednesday, August 12th. Finally, UBS Group raised Jabil from a "neutral" rating to a "buy" rating and set a $430.00 price objective on the stock in a research note on Tuesday, August 11th. Two investment analysts have rated the stock with a Strong Buy rating and eight have issued a Buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $453.67.

Jabil Trading Down 8.4%

Shares of JBL opened at $338.93 on Wednesday. The stock's 50-day moving average price is $343.54 and its 200 day moving average price is $314.32. 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 firm has a market capitalization of $35.52 billion, a price-to-earnings ratio of 42.31, a P/E/G ratio of 1.09 and a beta of 1.30. Jabil, Inc. has a 12-month low of $189.60 and a 12-month high of $428.93.

Jabil (NYSE:JBL - Get Free Report) last announced 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. The company had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The company's quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the company earned $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, research analysts predict that Jabil, Inc. will post 11.71 earnings per share for the current year.

Jabil Dividend Announcement

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

Insider Activity at Jabil

In other news, EVP Matthew Crowley sold 94 shares of the firm's stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $345.00, for a total transaction of $32,430.00. Following the completion of the transaction, the executive vice president directly owned 57,536 shares of the company's stock, valued at approximately $19,849,920. This trade represents a 0.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.35% of the company's stock.

About Jabil

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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