Public Employees Retirement System of Ohio Buys New Shares in Jabil, Inc. $JBL

Public Employees Retirement System of Ohio acquired a new stake in Jabil, Inc. (NYSE:JBL - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 58,312 shares of the technology company's stock, valued at approximately $22,478,000. Public Employees Retirement System of Ohio owned about 0.06% of Jabil as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Rakuten Securities Inc. acquired a new stake in shares of Jabil during the 2nd quarter worth $25,000. Bell Investment Advisors Inc acquired a new stake in Jabil during the 2nd quarter worth approximately $35,000. PenderFund Capital Management Ltd. bought a new stake in shares of Jabil in the second quarter worth $44,000. Persistent Asset Partners Ltd acquired a new position in shares of Jabil in the second quarter worth approximately $45,000. Finally, Jones Financial Companies Lllp acquired a new position in shares of Jabil in the 2nd quarter worth approximately $46,000. Institutional investors own 93.39% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Stifel Nicolaus set a $460.00 price objective on Jabil and gave the company a "buy" rating in a research note on Thursday, June 18th. Raymond James Financial raised their price target on shares of Jabil from $425.00 to $450.00 and gave the stock a "strong-buy" rating in a research note on Thursday, June 18th. JPMorgan Chase & Co. increased their target price on shares of Jabil from $395.00 to $450.00 and gave the stock an "overweight" rating in a research report on Thursday, June 18th. Zacks Research downgraded shares of Jabil from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 17th. Finally, Argus set a $475.00 price target on shares of Jabil in a research note on Thursday, June 18th. One investment 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 stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $453.67.

Jabil Stock Performance

NYSE JBL opened at $301.69 on Friday. 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 cap of $31.61 billion, a price-to-earnings ratio of 37.66, a PEG ratio of 0.90 and a beta of 1.30. Jabil, Inc. has a 12-month low of $189.60 and a 12-month high of $428.93. The company has a 50-day simple moving average of $333.51 and a two-hundred day simple moving average of $317.61.

Jabil (NYSE:JBL - Get Free Report) last posted its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.10 by $0.06. The firm had revenue of $8.75 billion for 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 business's revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the firm 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 analysts forecast that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Announces Dividend

The business also recently disclosed 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 of this dividend is Friday, August 14th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil's dividend payout ratio (DPR) is 4.00%.

Insider Buying and Selling

In related news, EVP Matthew Crowley sold 94 shares of the stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $345.00, for a total transaction 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. This trade represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.35% of the stock is currently owned by corporate insiders.

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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