Connor Clark & Lunn Investment Management Ltd. Invests $33.41 Million in Jabil, Inc. $JBL

Connor Clark & Lunn Investment Management Ltd. bought a new position in Jabil, Inc. (NYSE:JBL) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 86,667 shares of the technology company’s stock, valued at approximately $33,408,000.

A number of other institutional investors have also added to or reduced their stakes in JBL. Rakuten Securities Inc. purchased a new stake in Jabil during the second quarter valued at about $25,000. Greenline Wealth Management LLC purchased a new position in shares of Jabil in the 4th quarter worth about $28,000. Virtus Advisers LLC bought a new position in shares of Jabil during the 4th quarter valued at about $32,000. DV Equities LLC bought a new position in shares of Jabil during the 4th quarter valued at about $34,000. Finally, Wilkerson Advisory Group LLC purchased a new position in shares of Jabil during the 4th quarter valued at about $34,000. Institutional investors own 93.39% of the company’s stock.

Jabil Stock Performance

Shares of NYSE:JBL opened at $304.83 on Tuesday. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17. The company has a 50-day moving average price of $338.69 and a 200-day moving average price of $316.33. The company has a market cap of $31.94 billion, a price-to-earnings ratio of 38.06, a price-to-earnings-growth ratio of 0.94 and a beta of 1.30. Jabil, Inc. has a 12 month low of $189.60 and a 12 month high of $428.93.

Jabil (NYSE:JBL) last posted its earnings results 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. 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 analysts’ expectations of $8.61 billion. During the same period last year, the firm earned $2.55 earnings per share. Jabil’s quarterly revenue was up 11.8% on a year-over-year basis. 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, equities analysts anticipate that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders 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 dividend yield of 0.1%. The ex-dividend date is Friday, August 14th. Jabil’s dividend payout ratio (DPR) is currently 4.00%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Weiss Ratings lowered Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. The Goldman Sachs Group upped their price objective on shares of Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Bank of America reissued a “buy” rating and issued a $470.00 price target on shares of Jabil in a research note on Thursday, June 18th. Barclays upped their price target on shares of Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. Finally, Robert W. Baird raised their price objective on Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a research note on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Jabil currently has a consensus rating of “Buy” and an average price target of $453.67.

Insider Activity

In other news, EVP Matthew Crowley sold 94 shares of the business’s 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 transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.35% of the company’s stock.

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.