Connor Clark & Lunn Investment Management Ltd. Acquires Shares of 86,667 Jabil, Inc. $JBL

Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Jabil, Inc. (NYSE:JBL) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 86,667 shares of the technology company’s stock, valued at approximately $33,408,000. Connor Clark & Lunn Investment Management Ltd. owned 0.08% of Jabil as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of JBL. Meiji Yasuda Asset Management Co Ltd. bought a new stake in shares of Jabil in the second quarter valued at approximately $528,000. Te Ahumairangi Investment Management Ltd bought a new position in Jabil in the 2nd quarter worth approximately $3,676,000. Twin Tree Management LP purchased a new position in Jabil in the 2nd quarter valued at approximately $763,000. Bank of Nova Scotia purchased a new position in Jabil in the 2nd quarter valued at approximately $89,304,000. Finally, Compass Financial Management LLC bought a new stake in Jabil during the 2nd quarter valued at $707,000. Institutional investors own 93.39% of the company’s stock.

Jabil Trading Down 2.7%

Jabil stock opened at $304.83 on Tuesday. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98. Jabil, Inc. has a fifty-two week low of $189.60 and a fifty-two week high of $428.93. The stock has a market cap of $31.94 billion, a P/E ratio of 38.06, a PEG ratio of 0.94 and a beta of 1.30. The firm’s fifty day moving average price is $338.69 and its 200-day moving average price is $316.33.

Jabil (NYSE:JBL) last posted its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, beating 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 quarter last year, the company earned $2.55 earnings per share. The firm’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. Equities research analysts forecast that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.

Jabil Announces Dividend

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

Insider Activity at Jabil

In other news, EVP Matthew Crowley sold 94 shares of the business’s stock in a transaction dated 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 approximately $19,849,920. The trade was a 0.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.35% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on JBL. Barclays increased their target price on Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a research report on Thursday, June 18th. Robert W. Baird lifted their price target on Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a research report on Thursday, June 18th. Argus set a $475.00 price objective on Jabil in a research note on Thursday, June 18th. The Goldman Sachs Group raised their target price on Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Finally, Stifel Nicolaus set a $460.00 target price on Jabil and gave the company a “buy” rating in a report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $453.67.

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.