EFG International AG acquired a new position in shares of Jabil, Inc. (NYSE:JBL – Free Report) during the second quarter, Holdings Channel reports. The fund acquired 3,221 shares of the technology company’s stock, valued at approximately $1,242,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Todd Asset Management LLC boosted its holdings in Jabil by 1.9% during the 4th quarter. Todd Asset Management LLC now owns 336,356 shares of the technology company’s stock valued at $76,696,000 after acquiring an additional 6,179 shares during the period. Jefferies Financial Group Inc. purchased a new position in Jabil in the 4th quarter worth approximately $7,061,000. Jackson Creek Investment Advisors LLC lifted its position in Jabil by 386.2% in the fourth quarter. Jackson Creek Investment Advisors LLC now owns 11,290 shares of the technology company’s stock valued at $2,574,000 after purchasing an additional 8,968 shares during the last quarter. Western Wealth Management LLC bought a new stake in Jabil in the first quarter valued at approximately $1,333,000. Finally, Allstate Corp boosted its stake in shares of Jabil by 98.0% during the fourth quarter. Allstate Corp now owns 7,959 shares of the technology company’s stock valued at $1,815,000 after purchasing an additional 3,939 shares during the period. Hedge funds and other institutional investors own 93.39% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts recently commented on JBL shares. Stifel Nicolaus set a $460.00 target price on shares of Jabil and gave the stock a “buy” rating in a research note on Thursday, June 18th. Argus set a $475.00 price objective on shares of Jabil in a research report on Thursday, June 18th. The Goldman Sachs Group upped their price objective on shares of Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Robert W. Baird increased their target price on shares of Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a report on Thursday, June 18th. Finally, Zacks Research cut Jabil from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Jabil presently has a consensus rating of “Buy” and an average target price of $453.67.
Jabil Stock Performance
Shares of JBL stock opened at $310.74 on Thursday. The firm has a market capitalization of $32.56 billion, a price-to-earnings ratio of 38.79, a PEG ratio of 0.92 and a beta of 1.30. The stock has a fifty day moving average of $336.06 and a 200 day moving average of $317.34. Jabil, Inc. has a 52 week low of $189.60 and a 52 week high of $428.93. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17.
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 the consensus estimate of $3.10 by $0.06. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The business had revenue of $8.75 billion during the quarter, compared to analyst estimates of $8.61 billion. During the same period in the prior year, the business earned $2.55 EPS. The company’s revenue for the quarter 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. As a group, research analysts expect that Jabil, Inc. will post 11.71 earnings per share 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. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Friday, August 14th. Jabil’s dividend payout ratio is presently 4.00%.
Insider Buying and Selling
In other Jabil 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 $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 1.35% of the stock is owned by company insiders.
Jabil Company 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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