Flputnam Investment Management Co. Purchases Shares of 24,764 Jabil, Inc. $JBL

Flputnam Investment Management Co. purchased a new position in Jabil, Inc. (NYSE:JBL) in the 2nd quarter, Holdings Channel.com reports. The fund purchased 24,764 shares of the technology company’s stock, valued at approximately $9,546,000.

Several other institutional investors have also added to or reduced their stakes in JBL. Greenline Wealth Management LLC bought a new stake in shares of Jabil in the 4th quarter valued at about $28,000. Virtus Advisers LLC purchased a new position in Jabil in the 4th quarter worth approximately $32,000. DV Equities LLC bought a new stake in Jabil in the fourth quarter valued at approximately $34,000. Wilkerson Advisory Group LLC purchased a new stake in shares of Jabil during the fourth quarter valued at approximately $34,000. Finally, Leonteq Securities AG purchased a new stake in shares of Jabil during the fourth quarter valued at approximately $42,000. 93.39% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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 transaction, the executive vice president owned 57,536 shares of the company’s stock, valued at $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.35% of the company’s stock.

Jabil Price Performance

Shares of NYSE JBL opened at $363.45 on Monday. The company has a 50 day moving average of $343.87 and a 200 day moving average of $312.75. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17. Jabil, Inc. has a twelve month low of $189.60 and a twelve month high of $428.93. The firm has a market cap of $38.09 billion, a P/E ratio of 45.37, a PEG ratio of 1.09 and a beta of 1.30.

Jabil (NYSE:JBL) 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. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The business had revenue of $8.75 billion for the quarter, compared to analysts’ expectations of $8.61 billion. During the same quarter in the prior year, the business earned $2.55 EPS. The business’s revenue for the quarter 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. As a group, research analysts expect that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. UBS Group raised shares of Jabil from a “neutral” rating to a “buy” rating and set a $430.00 price objective for the company in a research note on Tuesday, August 11th. Robert W. Baird boosted their price target on Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a report on Thursday, June 18th. JPMorgan Chase & Co. increased their price objective on Jabil from $395.00 to $450.00 and gave the stock an “overweight” rating in a report on Thursday, June 18th. Barclays lifted their price objective on Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a research report on Thursday, June 18th. Finally, Weiss Ratings cut Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating and eight have issued a Buy rating to the company. Based on data from MarketBeat, Jabil currently has an average rating of “Buy” and an average price target of $453.67.

Jabil 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.