Glenview Trust Co Invests $584,000 in Jabil, Inc. $JBL

Glenview Trust Co bought a new stake in shares of Jabil, Inc. (NYSE:JBL) in the 1st quarter, HoldingsChannel.com reports. The fund bought 2,200 shares of the technology company’s stock, valued at approximately $584,000.

Other large investors have also recently made changes to their positions in the company. Greenline Wealth Management LLC purchased a new stake in Jabil during the fourth quarter worth $28,000. Virtus Advisers LLC purchased a new position in Jabil in the fourth quarter valued at $32,000. DV Equities LLC acquired a new position in shares of Jabil in the fourth quarter worth about $34,000. Wilkerson Advisory Group LLC acquired a new position in shares of Jabil in the fourth quarter worth about $34,000. Finally, Leonteq Securities AG purchased a new stake in shares of Jabil during the 4th quarter worth about $42,000. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on JBL shares. Barclays raised their target price on Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. Robert W. Baird increased their price target on Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a research report on Thursday, June 18th. The Goldman Sachs Group raised their price objective on Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Bank of America restated a “buy” rating and issued a $470.00 price objective on shares of Jabil in a research report on Thursday, June 18th. Finally, JPMorgan Chase & Co. upped their target price on Jabil from $395.00 to $450.00 and gave the stock an “overweight” rating in a research note on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $453.67.

Insider Activity at Jabil

In related news, SVP Gary K. Schick sold 1,000 shares of the stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $340.00, for a total value of $340,000.00. Following the completion of the transaction, the senior vice president directly owned 39,843 shares of the company’s stock, valued at approximately $13,546,620. This represents a 2.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Matthew Crowley sold 94 shares of the firm’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $345.00, for a total value of $32,430.00. Following the completion of the transaction, the executive vice president owned 57,536 shares in the company, valued at $19,849,920. The trade was a 0.16% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.35% of the stock is currently owned by insiders.

Jabil Trading Up 0.0%

Shares of Jabil stock opened at $318.98 on Thursday. The firm has a market capitalization of $33.43 billion, a PE ratio of 39.82, a P/E/G ratio of 0.95 and a beta of 1.28. Jabil, Inc. has a twelve month low of $189.60 and a twelve month high of $428.93. The firm’s 50-day moving average price is $353.35 and its 200 day moving average price is $301.62. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17.

Jabil (NYSE:JBL) last posted its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 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 during the quarter, compared to analyst estimates of $8.61 billion. During the same period in the previous year, the business earned $2.55 EPS. 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. On average, sell-side analysts predict that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Friday, August 14th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Friday, August 14th. Jabil’s payout ratio 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.