Quantinno Capital Management LP increased its holdings in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 15.0% during the first quarter, Holdings Channel reports. The fund owned 375,108 shares of the technology company’s stock after acquiring an additional 48,876 shares during the quarter. Quantinno Capital Management LP’s holdings in Jabil were worth $99,640,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also added to or reduced their stakes in JBL. State Street Corp boosted its position in Jabil by 0.7% during the third quarter. State Street Corp now owns 5,199,646 shares of the technology company’s stock worth $1,129,207,000 after purchasing an additional 36,646 shares during the period. Primecap Management Co. CA increased its holdings in shares of Jabil by 0.4% in the fourth 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 last quarter. Geode Capital Management LLC raised its position in shares of Jabil by 1.5% in 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 purchasing an additional 42,422 shares during the period. JPMorgan Chase & Co. raised its position in shares of 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 purchasing an additional 591,364 shares during the period. Finally, Norges Bank acquired a new stake in shares of Jabil during the 4th quarter worth about $407,299,000. Institutional investors own 93.39% of the company’s stock.
Analysts Set New Price Targets
JBL has been the topic of a number of research reports. Robert W. Baird upped 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. UBS Group raised their price objective on shares of Jabil from $380.00 to $430.00 and gave the stock a “neutral” rating in a research report on Thursday, June 18th. Weiss Ratings upgraded Jabil from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, July 1st. Argus set a $475.00 target price on Jabil in a research report on Thursday, June 18th. Finally, Bank of America reiterated a “buy” rating and set a $470.00 target price on shares of Jabil in a research note on Thursday, June 18th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $453.67.
Insider Buying and Selling
In other news, SVP Gary K. Schick sold 1,000 shares of Jabil stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $340.00, for a total value of $340,000.00. Following the completion of the sale, the senior vice president directly owned 39,843 shares in the company, valued at approximately $13,546,620. The trade was a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Matthew Crowley sold 94 shares of the business’s 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 completion of the sale, the executive vice president owned 57,536 shares of the company’s stock, valued at approximately $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.35% of the stock is currently owned by insiders.
Jabil Trading Down 0.4%
Shares of Jabil stock opened at $311.22 on Tuesday. 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 firm has a 50-day moving average of $351.60 and a 200-day moving average of $303.43. Jabil, Inc. has a 52-week low of $189.60 and a 52-week high of $428.93. The stock has a market cap of $32.61 billion, a PE ratio of 38.85, a PEG ratio of 0.94 and a beta of 1.28.
Jabil (NYSE:JBL – Get Free Report) last released its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $8.61 billion. During the same period last year, the firm earned $2.55 earnings per share. Jabil’s revenue for the quarter was up 11.8% compared to the same quarter last year. 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, sell-side analysts forecast that Jabil, Inc. will post 11.71 EPS for the current year.
Jabil Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th will be issued 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 dividend payout ratio (DPR) is currently 4.00%.
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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