PDT Partners LLC Purchases New Shares in Jabil, Inc. $JBL

Key Points

• PDT Partners acquired 41,370 Jabil shares in the second quarter, worth approximately $15.9 million, making Jabil its 16th-largest holding. Institutional investors collectively own 93.39% of Jabil’s stock.
• Analysts remain broadly bullish: Jabil has an average “Buy” rating and a consensus price target of $453.67, with several firms recently raising targets to $430–$470.
• Jabil exceeded quarterly expectations with $3.16 in earnings per share and $8.75 billion in revenue, while revenue rose 11.8% year over year. The company also declared a quarterly dividend of $0.08 per share.

PDT Partners LLC acquired a new stake in shares of Jabil, Inc. (NYSE:JBL - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 41,370 shares of the technology company's stock, valued at approximately $15,947,000. Jabil comprises 0.8% of PDT Partners LLC's investment portfolio, making the stock its 16th biggest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in JBL. Rakuten Securities Inc. bought a new stake in Jabil during the second quarter worth approximately $25,000. Bell Investment Advisors Inc bought a new position in shares of Jabil during the 2nd quarter valued at approximately $35,000. Persistent Asset Partners Ltd purchased a new stake in Jabil during the 2nd quarter valued at $45,000. Jones Financial Companies Lllp bought a new stake in Jabil in the second quarter worth $46,000. Finally, Greenline Wealth Management LLC bought a new stake in Jabil in the fourth quarter worth $28,000. 93.39% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Matthew Crowley sold 94 shares of the business's stock in a transaction that occurred 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 owned 57,536 shares in the company, 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.35% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on JBL. UBS Group upgraded shares of Jabil from a "neutral" rating to a "buy" rating and set a $430.00 price objective on the stock in a research report on Tuesday, August 11th. Robert W. Baird raised their target price on shares of Jabil from $355.00 to $440.00 and gave the stock an "outperform" rating in a report on Thursday, June 18th. JPMorgan Chase & Co. lifted their price target on shares of Jabil from $395.00 to $450.00 and gave the stock an "overweight" rating in a research note on Thursday, June 18th. Raymond James Financial increased their price objective on shares of Jabil from $425.00 to $450.00 and gave the stock a "strong-buy" rating in a research report on Thursday, June 18th. Finally, Bank of America reissued a "buy" rating and issued 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 has an average rating of "Buy" and an average price target of $453.67.

Jabil Stock Up 1.4%

Shares of JBL opened at $309.05 on Wednesday. The firm has a fifty day moving average price of $337.34 and a 200-day moving average price of $316.85. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17. The firm has a market capitalization of $32.38 billion, a P/E ratio of 38.58, a P/E/G ratio of 0.91 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 earnings per share for the quarter, beating analysts' consensus estimates of $3.10 by $0.06. The company had revenue of $8.75 billion during the quarter, compared to analyst estimates of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The firm's revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter last year, the business 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. Equities research analysts expect that Jabil, Inc. will post 11.71 earnings per share for the current 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 dividend of $0.08 per share. 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%.

Jabil Company 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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