California State Teachers Retirement System Decreases Holdings in Jabil, Inc. $JBL

California State Teachers Retirement System trimmed its holdings in Jabil, Inc. (NYSE:JBL) by 3.8% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 122,715 shares of the technology company’s stock after selling 4,794 shares during the quarter. California State Teachers Retirement System’s holdings in Jabil were worth $32,597,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Royal Bank of Canada grew its holdings in shares of Jabil by 3.1% during the 1st quarter. Royal Bank of Canada now owns 159,761 shares of the technology company’s stock valued at $42,436,000 after purchasing an additional 4,747 shares during the last quarter. Rokos Capital Management LLP purchased a new position in Jabil in the 1st quarter worth $31,249,000. Empowered Funds LLC lifted its stake in Jabil by 11.1% in the first quarter. Empowered Funds LLC now owns 157,935 shares of the technology company’s stock worth $41,952,000 after purchasing an additional 15,806 shares during the last quarter. Quantinno Capital Management LP lifted its stake in Jabil by 15.0% in the first quarter. Quantinno Capital Management LP now owns 375,108 shares of the technology company’s stock worth $99,640,000 after purchasing an additional 48,876 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp boosted its position in Jabil by 15.5% during the first quarter. OMERS ADMINISTRATION Corp now owns 15,888 shares of the technology company’s stock valued at $4,220,000 after buying an additional 2,134 shares during the period. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Jabil Price Performance

Shares of Jabil stock opened at $314.49 on Friday. The firm has a market cap of $32.96 billion, a PE ratio of 39.26, a price-to-earnings-growth ratio of 0.92 and a beta of 1.28. Jabil, Inc. has a 12-month low of $189.60 and a 12-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. The company’s fifty day simple moving average is $347.90 and its two-hundred day simple moving average is $305.09.

Jabil (NYSE:JBL) last released its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.06. The firm had revenue of $8.75 billion for the quarter, compared to analysts’ expectations of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The company’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter in the previous 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, equities analysts expect that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Friday, August 14th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, August 14th. Jabil’s payout ratio is currently 4.00%.

Insider Buying and Selling

In other Jabil news, EVP Matthew Crowley sold 94 shares of the company’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 transaction of $32,430.00. Following the completion of the transaction, the executive vice president owned 57,536 shares of the company’s stock, valued at $19,849,920. This represents a 0.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.35% of the stock is owned by insiders.

Wall Street Analyst Weigh In

JBL has been the topic of a number of recent research reports. Raymond James Financial raised their price objective on Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a research note on Thursday, June 18th. The Goldman Sachs Group boosted their target price on Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Barclays increased their target price on Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. Robert W. Baird lifted their price target on Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a research note on Thursday, June 18th. Finally, Bank of America reiterated a “buy” rating and issued a $470.00 price objective on shares of Jabil in a research report on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $453.67.

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.