Trail Ridge Investment Advisors LLC bought a new stake in Jabil, Inc. (NYSE:JBL – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 6,634 shares of the technology company’s stock, valued at approximately $2,557,000. Jabil comprises 1.1% of Trail Ridge Investment Advisors LLC’s portfolio, making the stock its 17th biggest position.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Rakuten Securities Inc. acquired a new position in Jabil during the second quarter valued at approximately $25,000. Greenline Wealth Management LLC bought a new position in Jabil in the fourth quarter valued at approximately $28,000. Virtus Advisers LLC acquired a new position in shares of Jabil during the 4th quarter worth approximately $32,000. DV Equities LLC acquired a new position in shares of Jabil during the 4th quarter worth approximately $34,000. Finally, Wilkerson Advisory Group LLC bought a new stake in shares of Jabil during the 4th quarter worth approximately $34,000. Institutional investors own 93.39% of the company’s stock.
Insider Buying and Selling
In other Jabil news, EVP Matthew Crowley sold 94 shares of the 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 transaction, the executive vice president directly owned 57,536 shares of the company’s stock, valued at $19,849,920. This represents a 0.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.35% of the company’s stock.
Jabil Trading Down 2.7%
Jabil (NYSE:JBL – Get Free Report) last released its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 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 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 previous year, the company 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. Research analysts forecast that Jabil, Inc. will post 11.71 EPS for the current year.
Jabil Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Friday, August 14th will be paid a $0.08 dividend. The ex-dividend date is Friday, August 14th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s dividend payout ratio is 4.00%.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on JBL shares. Stifel Nicolaus set a $460.00 price objective on Jabil and gave the company a “buy” rating in a report on Thursday, June 18th. Barclays boosted their target price on shares of Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a report on Thursday, June 18th. Zacks Research cut shares of Jabil from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. The Goldman Sachs Group lifted their price objective on shares of Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Finally, Robert W. Baird boosted their price objective on shares of Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a research note 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 company has a consensus rating of “Buy” and an average price target of $453.67.
View Our Latest Stock Analysis 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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