Sanctuary Advisors LLC Buys New Holdings in Jabil, Inc. $JBL

Key Points

• Sanctuary Advisors purchased 14,942 Jabil shares worth approximately $5.76 million in the second quarter. Institutional investors collectively own 93.39% of the company, with several major funds increasing their positions.
• Analyst sentiment remains positive: Jabil has a consensus “Buy” rating and an average price target of $453.67, although Zacks downgraded the stock to “Hold.”
• Jabil reported quarterly earnings of $3.16 per share and revenue of $8.75 billion, beating estimates and marking 11.8% year-over-year revenue growth. The company also declared a quarterly dividend of $0.08 per share.

Sanctuary Advisors LLC purchased a new stake in shares of Jabil, Inc. (NYSE:JBL - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 14,942 shares of the technology company's stock, valued at approximately $5,760,000.

A number of other large investors also recently modified their holdings of the company. BlackRock Inc. acquired a new position in Jabil during the second quarter valued at approximately $3,905,704,000. State Street Corp increased its position in shares of Jabil by 0.7% in the third quarter. State Street Corp now owns 5,199,646 shares of the technology company's stock worth $1,129,207,000 after acquiring an additional 36,646 shares in the last quarter. Primecap Management Co. CA raised its stake in shares of Jabil by 0.4% in the 4th quarter. Primecap Management Co. CA now owns 3,343,670 shares of the technology company's stock valued at $762,424,000 after acquiring an additional 12,600 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Jabil by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 2,913,157 shares of the technology company's stock valued at $661,783,000 after acquiring an additional 42,422 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Jabil by 45.7% during the 4th quarter. JPMorgan Chase & Co. now owns 1,884,545 shares of the technology company's stock valued at $429,714,000 after acquiring an additional 591,364 shares in the last quarter. 93.39% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Jabil

In related news, EVP Matthew Crowley sold 94 shares of the firm's 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 trade represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.35% of the company's stock.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Robert W. Baird increased their price target on Jabil from $355.00 to $440.00 and gave the company an "outperform" rating in a report on Thursday, June 18th. UBS Group raised Jabil from a "neutral" rating to a "buy" rating and set a $430.00 price target on the stock in a research report on Tuesday, August 11th. Zacks Research cut Jabil from a "strong-buy" rating to a "hold" rating in a report on Monday, August 17th. Argus set a $475.00 price objective on shares of Jabil in a research note on Thursday, June 18th. Finally, Barclays boosted their target price on shares of Jabil from $304.00 to $426.00 and gave the stock 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 given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $453.67.

Jabil Trading Down 2.7%

NYSE JBL opened at $304.83 on Tuesday. 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 one year low of $189.60 and a one year high of $428.93. The company has a 50-day simple moving average of $338.69 and a 200-day simple moving average of $316.33. The firm has a market capitalization of $31.94 billion, a PE ratio of 38.06, a price-to-earnings-growth ratio of 0.94 and a beta of 1.30.

Jabil (NYSE:JBL - Get Free Report) last issued 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. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The firm had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. During the same period in the prior year, the business earned $2.55 EPS. The firm's revenue 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. On average, equities analysts forecast that Jabil, Inc. will post 11.71 earnings per share for the current year.

Jabil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Friday, August 14th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil's dividend payout ratio (DPR) is presently 4.00%.

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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