Great Lakes Advisors LLC Takes Position in Jabil, Inc. $JBL

Great Lakes Advisors LLC bought a new position in Jabil, Inc. (NYSE:JBL) in the second quarter, HoldingsChannel.com reports. The fund bought 39,044 shares of the technology company’s stock, valued at approximately $15,051,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bell Investment Advisors Inc bought a new stake in Jabil in the second quarter valued at $35,000. Persistent Asset Partners Ltd acquired a new position in Jabil during the second quarter worth $45,000. Greenline Wealth Management LLC bought a new position in shares of Jabil during the fourth quarter valued at $28,000. Virtus Advisers LLC bought a new position in shares of Jabil during the fourth quarter valued at $32,000. Finally, DV Equities LLC acquired a new stake in shares of Jabil in the 4th quarter valued at $34,000. Institutional investors own 93.39% of the company’s stock.

Insiders Place Their Bets

In other Jabil news, EVP Matthew Crowley sold 94 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $345.00, for a total transaction of $32,430.00. Following the completion of the sale, the executive vice president directly owned 57,536 shares of the company’s stock, valued at approximately $19,849,920. The trade was a 0.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Stifel Nicolaus set a $460.00 target price on shares of Jabil and gave the stock a “buy” rating in a report on Thursday, June 18th. Bank of America reissued a “buy” rating and set a $470.00 price target on shares of Jabil in a report on Thursday, June 18th. Weiss Ratings lowered shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Raymond James Financial upped their price objective on shares of Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a research note on Thursday, June 18th. Finally, Zacks Research upgraded shares of Jabil from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 2nd. Two research analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $453.67.

Jabil Stock Performance

JBL stock opened at $338.93 on Wednesday. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66. The company has a 50 day moving average price of $343.54 and a 200 day moving average price of $314.32. Jabil, Inc. has a fifty-two week low of $189.60 and a fifty-two week high of $428.93. The stock has a market capitalization of $35.52 billion, a PE ratio of 42.31, a price-to-earnings-growth ratio of 1.09 and a beta of 1.30.

Jabil (NYSE:JBL) last posted its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter 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. 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. Investors of record on Friday, August 14th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, August 14th. Jabil’s dividend payout ratio (DPR) is presently 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.