16,381 Shares in Jabil, Inc. $JBL Acquired by Edgestream Partners L.P.

Edgestream Partners L.P. purchased a new position in Jabil, Inc. (NYSE:JBLFree Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 16,381 shares of the technology company’s stock, valued at approximately $3,573,000.

A number of other institutional investors have also recently made changes to their positions in JBL. GFG Capital LLC purchased a new position in shares of Jabil in the second quarter worth $26,000. Traub Capital Management LLC bought a new stake in Jabil in the 2nd quarter worth $33,000. Groupe la Francaise increased its position in shares of Jabil by 35.2% in the first quarter. Groupe la Francaise now owns 246 shares of the technology company’s stock valued at $34,000 after acquiring an additional 64 shares during the period. Assetmark Inc. raised its stake in shares of Jabil by 45.8% during the second quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock valued at $34,000 after acquiring an additional 49 shares during the last quarter. Finally, Westside Investment Management Inc. boosted its holdings in shares of Jabil by 757.1% during the second quarter. Westside Investment Management Inc. now owns 180 shares of the technology company’s stock worth $39,000 after purchasing an additional 159 shares during the period. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Jabil Price Performance

Shares of JBL stock opened at $214.43 on Thursday. The business’s fifty day moving average is $208.37 and its 200 day moving average is $207.14. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 1.57. The stock has a market cap of $22.91 billion, a price-to-earnings ratio of 35.98, a PEG ratio of 1.49 and a beta of 1.26. Jabil, Inc. has a twelve month low of $108.66 and a twelve month high of $237.14.

Jabil (NYSE:JBLGet Free Report) last announced its quarterly earnings data on Thursday, September 25th. The technology company reported $3.29 EPS for the quarter, beating the consensus estimate of $2.92 by $0.37. The business had revenue of $8.25 billion during the quarter, compared to analyst estimates of $7.63 billion. Jabil had a return on equity of 68.63% and a net margin of 2.20%.The company’s revenue for the quarter was up 18.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.30 earnings per share. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS and its FY 2026 guidance at 11.000-11.000 EPS. Research analysts expect that Jabil, Inc. will post 8.05 EPS for the current fiscal year.

Jabil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, November 17th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. Jabil’s dividend payout ratio (DPR) is currently 5.37%.

Analyst Ratings Changes

JBL has been the topic of a number of research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Jabil in a report on Tuesday, October 14th. Zacks Research cut Jabil from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 26th. Wall Street Zen upgraded Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. Bank of America lifted their price target on shares of Jabil from $245.00 to $255.00 and gave the company a “buy” rating in a report on Friday, September 26th. Finally, Raymond James Financial set a $260.00 price objective on shares of Jabil in a research report on Thursday, September 25th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $248.43.

View Our Latest Research Report on Jabil

Insider Activity

In other news, EVP Matthew Crowley sold 3,877 shares of the business’s stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $202.59, for a total value of $785,441.43. Following the sale, the executive vice president directly owned 58,736 shares of the company’s stock, valued at $11,899,326.24. The trade was a 6.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Kristine Melachrino sold 6,579 shares of the company’s stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $213.40, for a total value of $1,403,958.60. Following the completion of the sale, the executive vice president owned 33,718 shares in the company, valued at $7,195,421.20. The trade was a 16.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 131,762 shares of company stock valued at $28,129,921. 1.73% of the stock is currently owned by insiders.

About Jabil

(Free Report)

Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).

Read More

Want to see what other hedge funds are holding JBL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jabil, Inc. (NYSE:JBLFree Report).

Institutional Ownership by Quarter for Jabil (NYSE:JBL)

Receive News & Ratings for Jabil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jabil and related companies with MarketBeat.com's FREE daily email newsletter.