Equitable Holdings Inc. bought a new stake in Jabil, Inc. (NYSE:JBL – Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 3,761 shares of the technology company’s stock, valued at approximately $1,450,000.
Several other large investors have also modified their holdings of JBL. Todd Asset Management LLC raised its position in Jabil by 1.9% during the 4th quarter. Todd Asset Management LLC now owns 336,356 shares of the technology company’s stock worth $76,696,000 after purchasing an additional 6,179 shares during the last quarter. Jefferies Financial Group Inc. acquired a new stake in shares of Jabil in the fourth quarter valued at about $7,061,000. Jackson Creek Investment Advisors LLC raised its position in shares of Jabil by 386.2% during the fourth quarter. Jackson Creek Investment Advisors LLC now owns 11,290 shares of the technology company’s stock worth $2,574,000 after acquiring an additional 8,968 shares during the last quarter. Western Wealth Management LLC acquired a new position in shares of Jabil in the first quarter worth approximately $1,333,000. Finally, Allstate Corp lifted its stake in shares of Jabil by 98.0% in the fourth quarter. Allstate Corp now owns 7,959 shares of the technology company’s stock worth $1,815,000 after acquiring an additional 3,939 shares during the period. Institutional investors own 93.39% of the company’s stock.
Wall Street Analyst Weigh In
A number of analysts have weighed in on JBL shares. Robert W. Baird increased their target price on shares of Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a research report on Thursday, June 18th. Zacks Research downgraded shares of Jabil from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. UBS Group raised shares of Jabil from a “neutral” rating to a “buy” rating and set a $430.00 price objective on the stock in a research note on Tuesday, August 11th. Bank of America reiterated a “buy” rating and set a $470.00 price objective on shares of Jabil in a research report on Thursday, June 18th. Finally, Weiss Ratings lowered shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $453.67.
Jabil Price Performance
Jabil stock opened at $301.69 on Friday. The stock has a market capitalization of $31.61 billion, a price-to-earnings ratio of 37.66, a PEG ratio of 0.93 and a beta of 1.30. Jabil, Inc. has a 52-week low of $189.60 and a 52-week high of $428.93. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98. The stock’s 50 day moving average price is $333.51 and its two-hundred day moving average price is $317.61.
Jabil (NYSE:JBL – Get Free Report) last released its earnings results 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 company had revenue of $8.75 billion for the quarter, compared to the consensus estimate of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. Jabil’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.55 EPS. 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 analysts predict that Jabil, Inc. will post 11.71 earnings per share for the current year.
Jabil Announces Dividend
The business also recently disclosed 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 of this dividend is Friday, August 14th. Jabil’s dividend payout ratio is 4.00%.
Insider Activity
In other 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 directly owned 57,536 shares in the company, valued at $19,849,920. This trade represents a 0.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 1.35% of the stock is owned by company insiders.
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.
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