Public Employees Retirement System of Ohio Takes Position in Jabil, Inc. $JBL

Public Employees Retirement System of Ohio purchased a new position in Jabil, Inc. (NYSE:JBL) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 58,312 shares of the technology company’s stock, valued at approximately $22,478,000.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in Jabil in the second quarter valued at about $3,905,704,000. State Street Corp lifted its holdings in Jabil by 0.7% in the third quarter. State Street Corp now owns 5,199,646 shares of the technology company’s stock valued at $1,129,207,000 after acquiring an additional 36,646 shares during the period. Primecap Management Co. CA lifted 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 purchasing an additional 12,600 shares during the period. Geode Capital Management LLC grew its position in Jabil by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 2,913,157 shares of the technology company’s stock valued at $661,783,000 after buying an additional 42,422 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in Jabil by 45.7% in the fourth quarter. JPMorgan Chase & Co. now owns 1,884,545 shares of the technology company’s stock valued at $429,714,000 after buying an additional 591,364 shares in the last quarter. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

JBL has been the topic of a number of analyst reports. JPMorgan Chase & Co. raised their target price on Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. Bank of America reissued a “buy” rating and issued a $470.00 price objective on shares of Jabil in a report on Thursday, June 18th. The Goldman Sachs Group boosted their price objective on Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Raymond James Financial upped their target price on Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a research note on Thursday, June 18th. Finally, Robert W. Baird lifted their price target on shares of Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a research note on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $453.67.

Jabil Trading Down 3.4%

JBL opened at $301.69 on Friday. The firm has a market capitalization of $31.61 billion, a price-to-earnings ratio of 37.66, a price-to-earnings-growth ratio of 0.90 and a beta of 1.30. The company’s 50 day simple moving average is $333.51 and its two-hundred day simple moving average is $317.61. Jabil, Inc. has a 1-year low of $189.60 and a 1-year high of $428.93. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66.

Jabil (NYSE:JBL) last announced 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. The firm had revenue of $8.75 billion for 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%.The firm’s revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the business posted $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. Analysts expect that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th will be given 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 dividend yield of 0.1%. Jabil’s payout ratio is presently 4.00%.

Insider Activity

In related news, EVP Matthew Crowley sold 94 shares of the company’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 owned 57,536 shares of the company’s stock, valued at approximately $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 can be accessed through this link. Corporate insiders own 1.35% of the company’s stock.

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.