Pallas Capital Advisors LLC Takes Position in Jabil, Inc. $JBL

Pallas Capital Advisors LLC acquired a new stake in shares of Jabil, Inc. (NYSE:JBL) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 2,284 shares of the technology company’s stock, valued at approximately $880,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Deutsche Bank AG purchased a new stake in Jabil in the 2nd quarter worth approximately $207,874,000. Perigon Wealth Management LLC purchased a new position in shares of Jabil during the 2nd quarter valued at $594,000. Commerzbank Aktiengesellschaft FI purchased a new position in shares of Jabil during the 2nd quarter valued at $1,629,000. Trust Co. of Vermont bought a new position in shares of Jabil in the second quarter worth $144,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Jabil in the second quarter worth $98,910,000. Institutional investors own 93.39% of the company’s stock.

Insider Transactions at Jabil

In other Jabil news, EVP Matthew Crowley sold 94 shares of the stock in a transaction that occurred 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 transaction, the executive vice president directly owned 57,536 shares in the company, valued at $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.35% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on JBL. Weiss Ratings lowered Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Barclays boosted their price objective on Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a report on Thursday, June 18th. Robert W. Baird upped their price objective on shares of 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 target price 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. Finally, Zacks Research upgraded shares of Jabil from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 2nd. Two equities research analysts have rated the stock with a Strong Buy rating and eight have issued a Buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $453.67.

Jabil Stock Down 8.4%

JBL opened at $338.93 on Wednesday. The business’s fifty day simple moving average is $343.54 and its 200 day simple moving average is $314.32. Jabil, Inc. has a 52 week low of $189.60 and a 52 week high of $428.93. 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 stock has a market cap of $35.52 billion, a PE ratio of 42.31, a P/E/G ratio of 1.09 and a beta of 1.30.

Jabil (NYSE:JBL) last issued its quarterly 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 firm had revenue of $8.75 billion during the quarter, compared to analyst estimates of $8.61 billion. During the same quarter in the previous year, the company posted $2.55 earnings per share. The company’s revenue 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. As a group, research analysts expect that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.

Jabil Dividend Announcement

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 given 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 payout ratio is presently 4.00%.

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.