OneDigital Investment Advisors LLC bought a new stake in shares of Jabil, Inc. (NYSE:JBL – Free Report) during the 2nd quarter, HoldingsChannel reports. The firm bought 1,830 shares of the technology company’s stock, valued at approximately $705,000.
A number of other hedge funds have also made changes to their positions in the stock. Plato Investment Management Ltd purchased a new position in Jabil during the second quarter valued at approximately $813,000. Bell Investment Advisors Inc purchased a new stake in Jabil in the 2nd quarter worth approximately $35,000. Prospect Financial Group LLC purchased a new stake in Jabil in the 2nd quarter worth approximately $231,000. Flputnam Investment Management Co. acquired a new stake in shares of Jabil during the 2nd quarter valued at $9,546,000. Finally, Horizon Investment Services LLC purchased a new position in shares of Jabil during the 2nd quarter valued at $5,260,000. 93.39% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Jabil news, EVP Matthew Crowley sold 94 shares of the business’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $345.00, for a total transaction of $32,430.00. Following the completion of the transaction, the executive vice president owned 57,536 shares of the company’s stock, valued at $19,849,920. The trade was a 0.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.35% of the stock is owned by company insiders.
Jabil Stock Down 8.4%
Jabil (NYSE:JBL – Get Free Report) last announced its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, beating the consensus estimate of $3.10 by $0.06. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The company had revenue of $8.75 billion for the quarter, compared to the consensus estimate of $8.61 billion. During the same quarter last year, the company posted $2.55 earnings per share. The company’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. Research analysts forecast that Jabil, Inc. will post 11.71 EPS for the current year.
Jabil Announces Dividend
The company also recently announced 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. The ex-dividend date is Friday, August 14th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s dividend payout ratio (DPR) is presently 4.00%.
Analysts Set New Price Targets
JBL has been the topic of a number of research reports. Stifel Nicolaus set a $460.00 price target on shares of Jabil and gave the stock a “buy” rating in a research note on Thursday, June 18th. Zacks Research upgraded Jabil from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 2nd. UBS Group raised Jabil from a “neutral” rating to a “buy” rating and set a $430.00 target price on the stock in a research report on Tuesday, August 11th. The Goldman Sachs Group raised their price target on Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Finally, Raymond James Financial lifted their price target on Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a report on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating and eight have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, Jabil has an average rating of “Buy” and a consensus price target of $453.67.
View Our Latest Report on Jabil
About Jabil
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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