Paradigm Capital Management Inc. NY Buys Shares of 546,900 Jabil, Inc. $JBL

Paradigm Capital Management Inc. NY purchased a new position in shares of Jabil, Inc. (NYSE:JBLFree Report) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 546,900 shares of the technology company’s stock, valued at approximately $210,819,000. Jabil comprises 5.7% of Paradigm Capital Management Inc. NY’s holdings, making the stock its 5th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of JBL. BlackRock Inc. acquired a new position in Jabil in the 2nd quarter valued at about $3,905,704,000. State Street Corp increased its holdings in shares of Jabil by 0.7% during the 3rd quarter. State Street Corp now owns 5,199,646 shares of the technology company’s stock worth $1,129,207,000 after buying an additional 36,646 shares during the last quarter. Primecap Management Co. CA raised its position in shares of Jabil by 0.4% during 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 buying an additional 12,600 shares during the period. Geode Capital Management LLC lifted its holdings in 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 acquiring an additional 42,422 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted 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 acquiring an additional 591,364 shares during the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on JBL shares. JPMorgan Chase & Co. increased their price objective on Jabil from $395.00 to $450.00 and gave the stock an “overweight” rating in a research report on Thursday, June 18th. Argus set a $475.00 price target on Jabil in a research note on Thursday, June 18th. Zacks Research cut Jabil from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. The Goldman Sachs Group raised their price objective on Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Finally, Stifel Nicolaus set a $460.00 price objective on shares of Jabil and gave the company a “buy” rating in a report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $453.67.

Check Out Our Latest Stock Analysis on JBL

Jabil Stock Performance

NYSE:JBL opened at $304.83 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 stock has a market capitalization of $31.94 billion, a P/E ratio of 38.06, a PEG ratio of 0.94 and a beta of 1.30. The company has a 50 day moving average price of $338.69 and a 200 day moving average price of $316.33. Jabil, Inc. has a fifty-two week low of $189.60 and a fifty-two week high of $428.93.

Jabil (NYSE:JBLGet Free Report) last posted its earnings results 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 firm had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter last year, the firm 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. Equities research analysts forecast that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.32 dividend on an annualized basis 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 business’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $345.00, for a total value of $32,430.00. Following the sale, the executive vice president owned 57,536 shares in the company, valued at approximately $19,849,920. The trade was a 0.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.35% of the company’s stock.

Jabil Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding JBL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jabil, Inc. (NYSE:JBLFree Report).

Institutional Ownership by Quarter for Jabil (NYSE:JBL)

Receive News & Ratings for Jabil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jabil and related companies with MarketBeat.com's FREE daily email newsletter.