Meeder Asset Management Inc. Invests $2.13 Million in Jabil, Inc. $JBL

Meeder Asset Management Inc. acquired a new position in Jabil, Inc. (NYSE:JBL - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,538 shares of the technology company's stock, valued at approximately $2,135,000.

Several other institutional investors have also recently added to or reduced their stakes in JBL. Tiemann Investment Advisors LLC acquired a new stake in shares of Jabil during the 2nd quarter worth approximately $360,000. Citizens Financial Group Inc. RI bought a new stake in shares of Jabil during the 2nd quarter worth $582,000. BlackRock Inc. purchased a new position in Jabil in the second quarter valued at approximately $3,905,704,000. Pallas Capital Advisors LLC bought a new position in Jabil during the second quarter worth about $880,000. Finally, Deutsche Bank AG purchased a new position in shares of Jabil in the second quarter valued at $207,874,000. 93.39% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on JBL shares. Robert W. Baird lifted 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 cut Jabil from a "buy (b)" rating to a "buy (b-)" rating in a research note on Wednesday, August 12th. Stifel Nicolaus set a $460.00 price target on shares of Jabil and gave the company a "buy" rating in a report on Thursday, June 18th. Raymond James Financial increased their price objective on Jabil from $425.00 to $450.00 and gave the stock a "strong-buy" rating in a report on Thursday, June 18th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Jabil from $395.00 to $450.00 and gave the company an "overweight" rating in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $453.67.

Jabil Trading Down 8.4%

Shares of NYSE JBL opened at $338.93 on Wednesday. The firm's 50 day moving average price is $343.54 and its 200-day moving average price is $314.32. 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 52-week low of $189.60 and a 52-week high of $428.93. The company has a market cap of $35.52 billion, a PE ratio of 42.31, a P/E/G ratio of 1.09 and a beta of 1.30.

Jabil (NYSE:JBL - Get Free Report) last posted its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 83.93% and a net margin of 2.57%.The company's revenue was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.55 earnings per share. 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, equities research analysts expect that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Announces Dividend

The business also recently declared 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. The ex-dividend date is Friday, August 14th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. Jabil's payout ratio is currently 4.00%.

Insider Buying and Selling at Jabil

In related 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 transaction of $32,430.00. Following the transaction, the executive vice president owned 57,536 shares in the company, valued at $19,849,920. This represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.35% of the stock is owned by 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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