Procyon Advisors LLC Buys 2,544 Shares of Jabil, Inc. $JBL

Procyon Advisors LLC raised its stake in Jabil, Inc. (NYSE:JBL) by 10.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 27,494 shares of the technology company’s stock after acquiring an additional 2,544 shares during the period. Procyon Advisors LLC’s holdings in Jabil were worth $7,303,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in JBL. PenderFund Capital Management Ltd. grew its holdings in Jabil by 3.3% in the 4th quarter. PenderFund Capital Management Ltd. now owns 1,257 shares of the technology company’s stock worth $287,000 after acquiring an additional 40 shares during the last quarter. Root Financial Partners LLC lifted its stake in Jabil by 11.1% in the first quarter. Root Financial Partners LLC now owns 432 shares of the technology company’s stock worth $115,000 after acquiring an additional 43 shares during the period. Cidel Asset Management Inc. raised its holdings in Jabil by 4.8% in the 1st quarter. Cidel Asset Management Inc. now owns 991 shares of the technology company’s stock worth $263,000 after purchasing an additional 45 shares in the last quarter. Hilton Head Capital Partners LLC boosted its stake in shares of Jabil by 24.6% during the 1st quarter. Hilton Head Capital Partners LLC now owns 263 shares of the technology company’s stock valued at $70,000 after purchasing an additional 52 shares in the last quarter. Finally, Brown Brothers Harriman & Co. lifted its holdings in Jabil by 1.9% in the third quarter. Brown Brothers Harriman & Co. now owns 2,900 shares of the technology company’s stock worth $630,000 after buying an additional 54 shares during the period. 93.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

JBL has been the topic of several recent research reports. Zacks Research raised Jabil from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 2nd. Argus set a $475.00 target price on shares of Jabil in a report on Thursday, June 18th. Robert W. Baird boosted their target price on Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a report on Thursday, June 18th. Raymond James Financial upped their price target on shares of Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a research note on Thursday, June 18th. Finally, Bank of America reiterated a “buy” rating and set a $470.00 price target on shares of Jabil in a report on Thursday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $453.67.

Insider Buying and Selling

In other Jabil news, EVP Matthew Crowley sold 94 shares of the stock in a transaction 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 in the company, valued at approximately $19,849,920. This represents a 0.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Andrew Priestley sold 3,169 shares of the business’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $330.00, for a total value of $1,045,770.00. Following the completion of the transaction, the executive vice president owned 57,098 shares in the company, valued at $18,842,340. The trade was a 5.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 11,023 shares of company stock worth $3,546,969 in the last three months. Corporate insiders own 1.35% of the company’s stock.

Jabil Price Performance

Shares of NYSE:JBL opened at $330.03 on Monday. The firm’s 50 day moving average price is $359.43 and its 200-day moving average price is $296.99. The stock has a market capitalization of $34.58 billion, a PE ratio of 41.20, a price-to-earnings-growth ratio of 0.99 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 company has a quick ratio of 0.66, a current ratio of 0.98 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 firm had revenue of $8.75 billion during the quarter, compared to analyst estimates of $8.61 billion. During the same period in the prior year, the business posted $2.55 EPS. Jabil’s 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. Equities research analysts expect that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Friday, May 15th were 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 was Friday, May 15th. Jabil’s dividend payout ratio (DPR) is presently 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.