Pinnbrook Capital Management LP Makes New Investment in Jabil, Inc. $JBL

Key Points

• Pinnbrook Capital Management acquired 58,867 Jabil shares worth approximately $22.7 million in the second quarter, making Jabil its ninth-largest holding and representing 2.4% of its portfolio. Institutional investors collectively own 93.39% of Jabil.
• Analyst sentiment remains broadly positive: Jabil has an overall “Buy” consensus rating and a $453.67 average price target, despite Zacks Research downgrading the stock to “Hold.”
• Jabil exceeded quarterly expectations with adjusted EPS of $3.16 and revenue of $8.75 billion, up 11.8% year over year. The company also declared a quarterly dividend of $0.08 per share, equivalent to a 0.1% yield.

Pinnbrook Capital Management LP acquired a new stake in Jabil, Inc. (NYSE:JBL - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 58,867 shares of the technology company's stock, valued at approximately $22,692,000. Jabil accounts for 2.4% of Pinnbrook Capital Management LP's holdings, making the stock its 9th largest holding. Pinnbrook Capital Management LP owned approximately 0.06% of Jabil as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Empirical Finance LLC lifted its stake in Jabil by 0.6% in the first quarter. Empirical Finance LLC now owns 5,405 shares of the technology company's stock valued at $1,436,000 after buying an additional 31 shares during the period. Assetmark Inc. grew its position in shares of Jabil by 10.6% during the 1st quarter. Assetmark Inc. now owns 344 shares of the technology company's stock worth $91,000 after buying an additional 33 shares during the period. PenderFund Capital Management Ltd. increased its stake in shares of Jabil by 3.3% in the 4th quarter. PenderFund Capital Management Ltd. now owns 1,257 shares of the technology company's stock valued at $287,000 after acquiring an additional 40 shares during the last quarter. Root Financial Partners LLC increased its stake in shares of Jabil by 11.1% in the 1st quarter. Root Financial Partners LLC now owns 432 shares of the technology company's stock valued at $115,000 after acquiring an additional 43 shares during the last quarter. Finally, Cidel Asset Management Inc. raised its position in shares of Jabil by 4.8% in the 1st quarter. Cidel Asset Management Inc. now owns 991 shares of the technology company's stock valued at $263,000 after acquiring an additional 45 shares during the period. Institutional investors own 93.39% of the company's stock.

Insider Activity

In related 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 value of $32,430.00. Following the completion of the sale, the executive vice president directly owned 57,536 shares in the company, valued at approximately $19,849,920. This trade represents a 0.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.35% of the company's stock.

Wall Street Analysts Forecast Growth

JBL has been the topic of several recent analyst reports. Zacks Research lowered Jabil from a "strong-buy" rating to a "hold" rating in a report on Monday, August 17th. Bank of America restated a "buy" rating and issued a $470.00 price target on shares of Jabil in a report on Thursday, June 18th. UBS Group upgraded Jabil from a "neutral" rating to a "buy" rating and set a $430.00 price objective on the stock in a report on Tuesday, August 11th. Raymond James Financial boosted their price objective on Jabil from $425.00 to $450.00 and gave the company a "strong-buy" rating in a research report on Thursday, June 18th. Finally, Barclays increased their target price 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 given a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, Jabil currently has an average rating of "Buy" and a consensus price target of $453.67.

Jabil Stock Down 1.2%

Jabil stock opened at $312.91 on Friday. 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, Inc. has a 1-year low of $189.60 and a 1-year high of $428.93. The company has a fifty day simple moving average of $340.28 and a 200 day simple moving average of $315.41. The company has a market cap of $32.79 billion, a P/E ratio of 39.06, a price-to-earnings-growth ratio of 0.94 and a beta of 1.30.

Jabil (NYSE:JBL - Get Free Report) last posted 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 net margin of 2.57% and a return on equity of 83.93%. The company's quarterly revenue was up 11.8% on a year-over-year basis. During the same period in the prior 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. Research analysts anticipate that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.

Jabil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Friday, August 14th will be given a dividend of $0.08 per share. 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 dividend payout ratio is 4.00%.

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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