Praesidium Investment Management Company LLC bought a new stake in shares of Jabil, Inc. (NYSE:JBL – Free Report) in the second quarter, Holdings Channel reports. The fund bought 65,664 shares of the technology company’s stock, valued at approximately $25,312,159,000. Jabil comprises 11.8% of Praesidium Investment Management Company LLC’s portfolio, making the stock its 2nd biggest holding.
Several other large investors also recently modified their holdings of JBL. Todd Asset Management LLC grew its stake in Jabil by 1.9% during the fourth quarter. Todd Asset Management LLC now owns 336,356 shares of the technology company’s stock valued at $76,696,000 after acquiring an additional 6,179 shares in the last quarter. Jefferies Financial Group Inc. purchased a new stake in Jabil in the 4th quarter worth approximately $7,061,000. Jackson Creek Investment Advisors LLC boosted its holdings 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 valued at $2,574,000 after purchasing an additional 8,968 shares during the period. Western Wealth Management LLC bought a new position in Jabil in the 1st quarter valued at $1,333,000. Finally, Allstate Corp grew its position in shares of Jabil by 98.0% during the 4th quarter. Allstate Corp now owns 7,959 shares of the technology company’s stock valued at $1,815,000 after purchasing an additional 3,939 shares in the last quarter. Hedge funds and other institutional investors own 93.39% of the company’s stock.
Analysts Set New Price Targets
Several research firms have recently weighed in on JBL. Barclays upped their price target on shares of Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a report on Thursday, June 18th. Weiss Ratings cut Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Robert W. Baird upped their target price on Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a research note on Thursday, June 18th. Stifel Nicolaus set a $460.00 price target on Jabil and gave the company a “buy” rating in a report on Thursday, June 18th. Finally, Zacks Research downgraded Jabil from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. One equities research 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’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $453.67.
Jabil Price Performance
Shares of NYSE:JBL opened at $310.74 on Thursday. The company’s fifty day moving average price is $336.06 and its 200-day moving average price is $317.34. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66. The firm has a market capitalization of $32.56 billion, a price-to-earnings ratio of 38.79, a PEG ratio of 0.92 and a beta of 1.30. Jabil, Inc. has a one year low of $189.60 and a one year high of $428.93.
Jabil (NYSE:JBL – Get Free Report) last posted its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.10 by $0.06. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The company had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. During the same period in the previous year, the firm posted $2.55 EPS. The firm’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. On average, equities research 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. Shareholders of record on Friday, August 14th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s payout ratio is 4.00%.
Insider Transactions at Jabil
In other news, EVP Matthew Crowley sold 94 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president directly owned 57,536 shares in the company, valued at approximately $19,849,920. This represents a 0.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.35% of the stock is currently owned by company insiders.
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.
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