Heartland Bank & Trust Co bought a new stake in Jabil, Inc. (NYSE:JBL – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,744 shares of the technology company’s stock, valued at approximately $672,000.
A number of other large investors have also recently bought and sold shares of JBL. Rakuten Securities Inc. bought a new stake in shares of Jabil in the second quarter worth $25,000. Bell Investment Advisors Inc bought a new position in Jabil in the second quarter valued at $35,000. Persistent Asset Partners Ltd bought a new position in Jabil in the second quarter valued at $45,000. Greenline Wealth Management LLC acquired a new stake in Jabil in the 4th quarter valued at $28,000. Finally, Virtus Advisers LLC acquired a new position in shares of Jabil during the 4th quarter worth about $32,000. Institutional investors and hedge funds own 93.39% of the company’s stock.
Wall Street Analysts Forecast Growth
JBL has been the subject of several analyst reports. Weiss Ratings cut Jabil from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. Robert W. Baird increased their price target on Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a research report on Thursday, June 18th. Zacks Research downgraded Jabil from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. The Goldman Sachs Group upped their price objective on Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Finally, JPMorgan Chase & Co. increased their price objective on Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $453.67.
Insider Activity
In related news, EVP Matthew Crowley sold 94 shares of the stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $345.00, for a total transaction of $32,430.00. Following the sale, the executive vice president owned 57,536 shares of the company’s stock, valued at $19,849,920. This represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 1.35% of the company’s stock.
Jabil Trading Down 1.2%
Jabil stock opened at $312.91 on Friday. 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 stock has a market capitalization of $32.79 billion, a P/E ratio of 39.06, a PEG ratio of 0.95 and a beta of 1.30. The stock has a 50-day simple moving average of $340.28 and a 200 day simple moving average of $315.41.
Jabil (NYSE:JBL – Get Free Report) last issued its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.06. The company had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The company’s revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the firm 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. 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 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Friday, August 14th. Jabil’s payout ratio is 4.00%.
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.
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