Sanctuary Advisors LLC Purchases Shares of 14,942 Jabil, Inc. $JBL

Sanctuary Advisors LLC acquired a new stake in shares of Jabil, Inc. (NYSE:JBL) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 14,942 shares of the technology company’s stock, valued at approximately $5,760,000.

Several other hedge funds also recently made changes to their positions in the business. Todd Asset Management LLC boosted its holdings in shares of Jabil by 1.9% in the fourth quarter. Todd Asset Management LLC now owns 336,356 shares of the technology company’s stock worth $76,696,000 after buying an additional 6,179 shares during the period. Jefferies Financial Group Inc. purchased a new stake in shares of Jabil in the 4th quarter valued at approximately $7,061,000. Jackson Creek Investment Advisors LLC boosted its stake in Jabil by 386.2% in the 4th quarter. Jackson Creek Investment Advisors LLC now owns 11,290 shares of the technology company’s stock worth $2,574,000 after purchasing an additional 8,968 shares during the period. Western Wealth Management LLC acquired a new position in Jabil in the 1st quarter worth approximately $1,333,000. Finally, Allstate Corp grew its position in Jabil by 98.0% during the 4th quarter. Allstate Corp now owns 7,959 shares of the technology company’s stock worth $1,815,000 after purchasing an additional 3,939 shares in the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.

Jabil Trading Down 2.7%

NYSE JBL opened at $304.83 on Tuesday. Jabil, Inc. has a 1-year low of $189.60 and a 1-year high of $428.93. 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 market capitalization of $31.94 billion, a PE ratio of 38.06, a price-to-earnings-growth ratio of 0.94 and a beta of 1.30. The firm’s fifty day simple moving average is $338.69 and its 200-day simple moving average is $316.33.

Jabil (NYSE:JBL) last announced its quarterly earnings data 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. 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%.Jabil’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period last year, the company earned $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. As a group, sell-side analysts anticipate that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.

Jabil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th will be issued 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 currently 4.00%.

Analyst Ratings Changes

A number of analysts have recently issued reports on JBL shares. The Goldman Sachs Group increased their target price on Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a report on Thursday, June 18th. JPMorgan Chase & Co. lifted their price target on Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. Weiss Ratings lowered Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Barclays increased their price objective on Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a research note on Thursday, June 18th. Finally, Robert W. Baird raised their price objective on Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Jabil currently has a consensus rating of “Buy” and a consensus price target of $453.67.

Insider Activity at Jabil

In related 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 value of $32,430.00. Following the completion of the sale, the executive vice president owned 57,536 shares of the company’s stock, valued at approximately $19,849,920. The trade was a 0.16% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 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.