George Kaiser Family Foundation bought a new position in shares of Jabil, Inc. (NYSE:JBL – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 25,603 shares of the technology company’s stock, valued at approximately $9,869,000. Jabil makes up 0.9% of George Kaiser Family Foundation’s holdings, making the stock its 7th biggest position.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Empirical Finance LLC grew its stake in shares of Jabil by 0.6% in the first quarter. Empirical Finance LLC now owns 5,405 shares of the technology company’s stock worth $1,436,000 after acquiring an additional 31 shares in the last quarter. Assetmark Inc. raised its stake in shares of Jabil by 10.6% in the first quarter. Assetmark Inc. now owns 344 shares of the technology company’s stock valued at $91,000 after acquiring an additional 33 shares in the last quarter. PenderFund Capital Management Ltd. boosted its holdings in Jabil by 3.3% in the fourth quarter. PenderFund Capital Management Ltd. now owns 1,257 shares of the technology company’s stock valued at $287,000 after purchasing an additional 40 shares during the period. Root Financial Partners LLC boosted its holdings in Jabil by 11.1% in the first quarter. Root Financial Partners LLC now owns 432 shares of the technology company’s stock valued at $115,000 after purchasing an additional 43 shares during the period. Finally, Cidel Asset Management Inc. grew its stake in Jabil by 4.8% during the 1st quarter. Cidel Asset Management Inc. now owns 991 shares of the technology company’s stock worth $263,000 after purchasing an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 93.39% of the company’s stock.
Insider Transactions at Jabil
In other Jabil 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 value of $32,430.00. Following the transaction, the executive vice president directly 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 SEC, which is available at this hyperlink. 1.35% of the stock is owned by company insiders.
Jabil Stock Down 1.2%
Jabil (NYSE:JBL – Get Free Report) last announced its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share (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 return on equity of 83.93% and a net margin of 2.57%.Jabil’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period in the previous year, the business earned $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. On average, sell-side analysts expect that Jabil, Inc. will post 11.71 EPS for the current fiscal year.
Jabil Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Friday, August 14th will be paid a dividend of $0.08 per share. The ex-dividend date is Friday, August 14th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s payout ratio is presently 4.00%.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on the company. 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. Robert W. Baird boosted their price objective on Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a research report on Thursday, June 18th. Raymond James Financial upped their target price 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. Weiss Ratings cut shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. Finally, Argus set a $475.00 price target on shares of Jabil in a research note on Thursday, June 18th. One 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. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $453.67.
Read Our Latest Research Report on Jabil
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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