Jupiter Topco LLC purchased a new stake in shares of Jabil, Inc. (NYSE:JBL – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 584,704 shares of the technology company’s stock, valued at approximately $225,364,000. Jupiter Topco LLC owned about 0.56% of Jabil at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. BlackRock Inc. acquired a new position in Jabil in the 2nd quarter valued at about $3,905,704,000. Primecap Management Co. CA purchased a new stake in shares of Jabil in the 2nd quarter valued at approximately $1,220,861,000. Norges Bank acquired a new stake in shares of Jabil during the 4th quarter worth approximately $407,299,000. Bank of New York Mellon Corp purchased a new stake in shares of Jabil during the 2nd quarter valued at approximately $411,079,000. Finally, JPMorgan Chase & Co. raised its position in shares of Jabil by 45.7% during the 4th quarter. JPMorgan Chase & Co. now owns 1,884,545 shares of the technology company’s stock valued at $429,714,000 after buying an additional 591,364 shares during the period. Hedge funds and other institutional investors own 93.39% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the company. Barclays raised their target price on Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating 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. Weiss Ratings downgraded Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Robert W. Baird boosted their price objective on shares of Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a report on Thursday, June 18th. Finally, JPMorgan Chase & Co. upped their target price on shares of Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $453.67.
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 shares were sold at an average price of $345.00, for a total transaction of $32,430.00. Following the sale, the executive vice president directly owned 57,536 shares in the company, valued at $19,849,920. This represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.35% of the stock is currently owned by corporate insiders.
Jabil Stock Up 0.7%
Shares of NYSE JBL opened at $310.74 on Thursday. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17. The business’s 50 day moving average is $336.06 and its two-hundred day moving average is $317.34. Jabil, Inc. has a 52-week low of $189.60 and a 52-week high of $428.93. The firm has a market cap of $32.56 billion, a price-to-earnings ratio of 38.79, a PEG ratio of 0.92 and a beta of 1.30.
Jabil (NYSE:JBL – Get Free Report) last released its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, topping the consensus estimate of $3.10 by $0.06. The business had revenue of $8.75 billion during the quarter, compared to analyst estimates of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The company’s quarterly revenue was up 11.8% on a year-over-year basis. During the same period last year, the business posted $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. Research analysts predict that Jabil, Inc. will post 11.71 EPS for the current year.
Jabil Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Friday, August 14th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Friday, August 14th. Jabil’s payout ratio is currently 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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