Three Seasons Wealth LLC bought a new stake in shares of Jabil, Inc. (NYSE:JBL – Free Report) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 2,027 shares of the technology company’s stock, valued at approximately $781,000.
Other institutional investors also recently bought and sold shares of the company. Raiffeisen Bank International AG raised its stake in shares of Jabil by 5,802.9% in the second quarter. Raiffeisen Bank International AG now owns 4,073 shares of the technology company’s stock valued at $1,522,000 after acquiring an additional 4,004 shares during the period. Concurrent Investment Advisors LLC grew its holdings in Jabil by 255.0% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 10,103 shares of the technology company’s stock valued at $3,894,000 after purchasing an additional 7,257 shares during the last quarter. NEOS Investment Management LLC raised its position in Jabil by 7.6% in the 2nd quarter. NEOS Investment Management LLC now owns 16,502 shares of the technology company’s stock worth $6,361,000 after purchasing an additional 1,169 shares during the period. Retireful LLC bought a new stake in Jabil in the second quarter worth about $1,172,000. Finally, Nykredit A S bought a new position in shares of Jabil during the second quarter valued at approximately $15,859,000. 93.39% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on the company. Raymond James Financial boosted their price objective on Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a report on Thursday, June 18th. The Goldman Sachs Group lifted their price objective on shares of Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Zacks Research downgraded shares of Jabil from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. Robert W. Baird lifted their price target on shares of Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a research note on Thursday, June 18th. Finally, Argus set a $475.00 price objective on Jabil in a research note on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Jabil presently has an average rating of “Buy” and an average target price of $453.67.
Jabil Trading Up 1.5%
JBL opened at $310.50 on Friday. 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 firm has a market cap of $32.54 billion, a price-to-earnings ratio of 38.76, a PEG ratio of 0.69 and a beta of 1.29. Jabil, Inc. has a 12 month low of $189.60 and a 12 month high of $428.93. The stock has a fifty day moving average price of $326.82 and a 200-day moving average price of $319.19.
Jabil (NYSE:JBL – Get Free Report) last posted its earnings results 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. The company had revenue of $8.75 billion for 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%.The firm’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the firm 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 research analysts anticipate that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.
Jabil Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 2nd. Investors of record on Friday, August 14th were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Friday, August 14th. Jabil’s dividend payout ratio is currently 4.00%.
Insider Buying and Selling
In other Jabil news, EVP Matthew Crowley sold 94 shares of the firm’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 sale, the executive vice president owned 57,536 shares of the company’s stock, valued at approximately $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company 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.
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