California Public Employees Retirement System Sells 5,575 Shares of Jabil, Inc. $JBL

California Public Employees Retirement System decreased its position in shares of Jabil, Inc. (NYSE:JBL) by 2.5% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 213,948 shares of the technology company’s stock after selling 5,575 shares during the quarter. California Public Employees Retirement System owned approximately 0.20% of Jabil worth $56,831,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of JBL. Todd Asset Management LLC lifted its holdings in Jabil by 1.9% in 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 in the last quarter. Jackson Creek Investment Advisors LLC grew its holdings in Jabil by 386.2% during the 4th quarter. Jackson Creek Investment Advisors LLC now owns 11,290 shares of the technology company’s stock valued at $2,574,000 after buying an additional 8,968 shares in the last quarter. Jefferies Financial Group Inc. bought a new stake in shares of Jabil during the fourth quarter valued at approximately $7,061,000. Allstate Corp raised its position in shares of Jabil by 98.0% during the fourth quarter. Allstate Corp now owns 7,959 shares of the technology company’s stock valued at $1,815,000 after buying an additional 3,939 shares during the last quarter. Finally, National Pension Service lifted its holdings in shares of Jabil by 582.6% in the fourth quarter. National Pension Service now owns 224,903 shares of the technology company’s stock worth $51,282,000 after buying an additional 191,956 shares in the last quarter. Institutional investors own 93.39% of the company’s stock.

Jabil Trading Down 0.1%

Shares of JBL stock opened at $300.81 on Monday. The company has a market cap of $31.52 billion, a PE ratio of 37.55, a price-to-earnings-growth ratio of 0.90 and a beta of 1.28. Jabil, Inc. has a 1 year low of $189.60 and a 1 year high of $428.93. The stock’s 50 day simple moving average is $355.90 and its two-hundred day simple moving average is $299.81. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66.

Jabil (NYSE:JBL) last announced its earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.06. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The firm had revenue of $8.75 billion during the quarter, compared to analysts’ expectations of $8.61 billion. During the same quarter in the previous year, the business earned $2.55 EPS. The company’s quarterly revenue was up 11.8% on a year-over-year basis. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. Research analysts predict that Jabil, Inc. will post 11.71 earnings per share for the current year.

Jabil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Friday, August 14th will be given a dividend of $0.08 per share. The ex-dividend date is Friday, August 14th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s payout ratio is 4.00%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on JBL. Argus set a $475.00 target price on shares of Jabil in a research note on Thursday, June 18th. Raymond James Financial increased their price objective on shares of Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a report on Thursday, June 18th. Weiss Ratings upgraded Jabil from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 1st. Wall Street Zen downgraded Jabil from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 11th. Finally, The Goldman Sachs Group lifted their price objective on Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $453.67.

Insiders Place Their Bets

In related news, SVP Gary K. Schick sold 1,000 shares of Jabil stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $340.00, for a total transaction of $340,000.00. Following the completion of the transaction, the senior vice president directly owned 39,843 shares of the company’s stock, valued at approximately $13,546,620. The trade was a 2.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Matthew Crowley sold 94 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $345.00, for a total transaction of $32,430.00. Following the transaction, the executive vice president owned 57,536 shares in the company, valued at $19,849,920. The trade was a 0.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.35% of the company’s stock.

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.