Jabil (NYSE:JBL) Lowered to “Hold” Rating by Zacks Research

Zacks Research cut shares of Jabil (NYSE:JBL) from a strong-buy rating to a hold rating in a research note issued to investors on Monday morning,Zacks.com reports.

Several other brokerages also recently commented on JBL. Raymond James Financial upped their target price on shares of Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a research note on Thursday, June 18th. Weiss Ratings lowered shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. The Goldman Sachs Group upped their price objective on shares of Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. UBS Group raised 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. Finally, Bank of America reiterated a “buy” rating and set a $470.00 target price on shares of Jabil in a report on Thursday, June 18th. One 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 stock. According to data from MarketBeat.com, Jabil has a consensus rating of “Buy” and an average price target of $453.67.

Jabil Price Performance

Jabil stock opened at $338.93 on Monday. The firm has a market capitalization of $35.52 billion, a P/E ratio of 42.31, a PEG ratio of 1.09 and a beta of 1.30. Jabil has a 1 year low of $189.60 and a 1 year high of $428.93. The business has a 50-day moving average of $343.54 and a 200-day moving average of $314.32. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17.

Jabil (NYSE:JBL) last announced its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $3.10 by $0.06. The company had revenue of $8.75 billion during the quarter, compared to analysts’ expectations of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.Jabil’s revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the business posted $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 anticipate that Jabil will post 11.71 EPS for the current year.

Jabil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date 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 stock in a transaction on Monday, July 6th. The shares were sold at an average price of $345.00, for a total transaction 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 $19,849,920. This 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 is available at this hyperlink. 1.35% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Jabil

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Empirical Finance LLC raised its stake in Jabil by 0.6% in the 1st quarter. Empirical Finance LLC now owns 5,405 shares of the technology company’s stock valued at $1,436,000 after purchasing an additional 31 shares during the last quarter. Assetmark Inc. raised its position in shares of Jabil by 10.6% in the first quarter. Assetmark Inc. now owns 344 shares of the technology company’s stock valued at $91,000 after buying an additional 33 shares during the last quarter. PenderFund Capital Management Ltd. lifted its stake in shares of Jabil by 3.3% in the fourth quarter. PenderFund Capital Management Ltd. now owns 1,257 shares of the technology company’s stock worth $287,000 after buying an additional 40 shares in the last quarter. Root Financial Partners LLC boosted its position in Jabil by 11.1% during the first quarter. Root Financial Partners LLC now owns 432 shares of the technology company’s stock worth $115,000 after acquiring an additional 43 shares during the last quarter. Finally, Cidel Asset Management Inc. boosted its position in Jabil by 4.8% during the first quarter. Cidel Asset Management Inc. now owns 991 shares of the technology company’s stock worth $263,000 after acquiring an additional 45 shares during the last quarter. 93.39% of the stock is owned by institutional investors and hedge funds.

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.