Teachers Retirement System of The State of Kentucky Sells 113,650 Shares of Jabil, Inc. $JBL

Teachers Retirement System of The State of Kentucky lessened its holdings in shares of Jabil, Inc. (NYSE:JBL) by 42.1% during the first quarter, Holdings Channel.com reports. The firm owned 156,414 shares of the technology company’s stock after selling 113,650 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Jabil were worth $41,549,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of JBL. Procyon Advisors LLC increased its holdings in Jabil by 10.2% in the first quarter. Procyon Advisors LLC now owns 27,494 shares of the technology company’s stock valued at $7,303,000 after purchasing an additional 2,544 shares during the period. Global Assets Advisory LLC acquired a new position in Jabil during the 1st quarter worth about $108,000. Fifth Third Bancorp lifted its holdings in Jabil by 764.6% during the 1st quarter. Fifth Third Bancorp now owns 37,290 shares of the technology company’s stock worth $9,905,000 after buying an additional 32,977 shares during the period. American Trust grew its position in shares of Jabil by 100.5% in the 1st quarter. American Trust now owns 1,963 shares of the technology company’s stock valued at $521,000 after buying an additional 984 shares during the last quarter. Finally, Darwin Wealth Management LLC grew its position in shares of Jabil by 49,133.3% in the 1st quarter. Darwin Wealth Management LLC now owns 8,862 shares of the technology company’s stock valued at $2,354,000 after buying an additional 8,844 shares during the last quarter. Institutional investors own 93.39% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on JBL shares. Barclays raised their price objective on Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a research report on Thursday, June 18th. JPMorgan Chase & Co. upped their target price on Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. Bank of America reissued a “buy” rating and set a $470.00 target price on shares of Jabil in a research report on Thursday, June 18th. Raymond James Financial raised their price target on shares of Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a report on Thursday, June 18th. Finally, The Goldman Sachs Group boosted their price target on shares of Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $453.67.

Jabil Price Performance

Shares of JBL opened at $330.03 on Monday. Jabil, Inc. has a 52-week low of $189.60 and a 52-week high of $428.93. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98. The business’s 50 day moving average price is $359.43 and its two-hundred day moving average price is $296.99. The firm has a market cap of $34.58 billion, a PE ratio of 41.20, a price-to-earnings-growth ratio of 0.99 and a beta of 1.28.

Jabil (NYSE:JBL) last posted 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 firm had revenue of $8.75 billion for the quarter, compared to analysts’ expectations of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The company’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the prior 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, equities analysts anticipate that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Friday, May 15th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s dividend payout ratio is currently 4.00%.

Insiders Place Their Bets

In other Jabil news, EVP Steven D. Borges sold 5,126 shares of Jabil stock in a transaction on Friday, April 17th. The shares were sold at an average price of $317.51, for a total value of $1,627,556.26. Following the completion of the sale, the executive vice president directly owned 71,398 shares of the company’s stock, valued at approximately $22,669,578.98. The trade was a 6.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Gary K. Schick sold 1,000 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $340.00, for a total transaction of $340,000.00. Following the transaction, the senior vice president owned 39,843 shares in the company, valued at $13,546,620. This represents a 2.45% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 11,023 shares of company stock valued at $3,546,969. 1.35% of the stock is currently owned by corporate insiders.

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.