Jabil, Inc. $JBL Shares Purchased by HighTower Advisors LLC

Key Points

• HighTower Advisors increased its Jabil stake by 14.3% in the second quarter, owning 48,626 shares valued at approximately $18.7 million. Institutional investors collectively hold 93.39% of Jabil’s outstanding stock.
• Jabil reported quarterly earnings of $3.16 per share, exceeding estimates of $3.10, while revenue rose 11.8% year over year to $8.75 billion. The company also maintained FY 2026 EPS guidance of $12.70.
• Analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $441.78, despite one recent downgrade to “Hold.” Jabil also declared a quarterly dividend of $0.08 per share.

HighTower Advisors LLC grew its stake in shares of Jabil, Inc. (NYSE:JBL - Free Report) by 14.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,626 shares of the technology company's stock after acquiring an additional 6,071 shares during the period. HighTower Advisors LLC's holdings in Jabil were worth $18,744,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Groupe la Francaise lifted its position in shares of Jabil by 6.4% during the second quarter. Groupe la Francaise now owns 795 shares of the technology company's stock worth $307,000 after purchasing an additional 48 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Jabil in the second quarter valued at about $1,812,000. California State Teachers Retirement System raised its stake in Jabil by 48,703.0% during the second quarter. California State Teachers Retirement System now owns 59,888,558 shares of the technology company's stock valued at $23,085,841,000 after buying an additional 59,765,843 shares in the last quarter. Wedmont Private Capital raised its stake in Jabil by 7.0% during the second quarter. Wedmont Private Capital now owns 1,403 shares of the technology company's stock valued at $541,000 after buying an additional 92 shares in the last quarter. Finally, HB Wealth Management LLC lifted its holdings in Jabil by 11.0% during the 2nd quarter. HB Wealth Management LLC now owns 6,672 shares of the technology company's stock worth $2,572,000 after buying an additional 663 shares during the last quarter. Institutional investors own 93.39% of the company's stock.

Insider Buying and Selling at Jabil

In other news, EVP Matthew Crowley sold 94 shares of the stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 57,536 shares in the company, valued at $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.35% of the company's stock.

Jabil Price Performance

NYSE JBL opened at $311.74 on Wednesday. The company has a 50-day moving average price of $324.11 and a two-hundred day moving average price of $320.38. Jabil, Inc. has a 52 week low of $189.60 and a 52 week high of $428.93. The stock has a market cap of $32.67 billion, a price-to-earnings ratio of 38.92, a price-to-earnings-growth ratio of 0.70 and a beta of 1.29. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17.

Jabil (NYSE:JBL - Get Free Report) last announced its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, beating 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 for the quarter, compared to the consensus estimate of $8.61 billion. During the same quarter in the previous year, the business earned $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. Analysts forecast that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, August 14th. Jabil's dividend payout ratio is currently 4.00%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Raymond James Financial boosted their price target on Jabil from $425.00 to $450.00 and gave the company a "strong-buy" rating in a report on Thursday, June 18th. The Goldman Sachs Group reduced their price objective on Jabil from $482.00 to $375.00 and set a "buy" rating on the stock in a research note on Tuesday. JPMorgan Chase & Co. lifted their price objective on shares of Jabil from $395.00 to $450.00 and gave the stock an "overweight" rating in a report on Thursday, June 18th. Robert W. Baird boosted their target price on shares of Jabil from $355.00 to $440.00 and gave the company an "outperform" rating in a research note on Thursday, June 18th. Finally, Zacks Research downgraded shares of Jabil from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $441.78.

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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