Jabil (NYSE:JBL – Free Report) had its target price raised by JPMorgan Chase & Co. from $270.00 to $300.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have an overweight rating on the technology company’s stock.
JBL has been the topic of several other research reports. Robert W. Baird initiated coverage on shares of Jabil in a research report on Thursday. They issued an “outperform” rating and a $275.00 price target on the stock. The Goldman Sachs Group restated a “buy” rating and set a $282.00 target price on shares of Jabil in a research report on Thursday, January 15th. UBS Group lifted their price target on Jabil from $244.00 to $254.00 and gave the stock a “neutral” rating in a research report on Tuesday. Barclays upped their price objective on Jabil from $267.00 to $283.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. Finally, Wall Street Zen cut Jabil from a “strong-buy” rating to a “buy” rating in a report on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $270.50.
Check Out Our Latest Analysis on JBL
Jabil Price Performance
Jabil (NYSE:JBL – Get Free Report) last released its quarterly earnings data on Wednesday, December 17th. The technology company reported $2.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.70 by $0.15. The business had revenue of $8.31 billion for the quarter, compared to the consensus estimate of $8.07 billion. Jabil had a return on equity of 75.96% and a net margin of 2.26%.The company’s revenue was up 18.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.00 EPS. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS. On average, research analysts expect that Jabil will post 8.05 EPS for the current fiscal year.
Jabil Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date was Tuesday, February 17th. Jabil’s dividend payout ratio is presently 4.98%.
Insider Buying and Selling
In other news, CEO Michael Dastoor sold 15,000 shares of the company’s stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $246.91, for a total transaction of $3,703,650.00. Following the transaction, the chief executive officer owned 262,566 shares of the company’s stock, valued at approximately $64,830,171.06. This represents a 5.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Anousheh Ansari sold 500 shares of the stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $252.00, for a total value of $126,000.00. Following the completion of the sale, the director owned 33,900 shares in the company, valued at approximately $8,542,800. The trade was a 1.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 161,529 shares of company stock worth $37,901,485 over the last three months. 1.35% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Jabil
A number of large investors have recently bought and sold shares of JBL. Greenline Wealth Management LLC purchased a new stake in Jabil in the fourth quarter worth $28,000. True Wealth Design LLC lifted its position in shares of Jabil by 250.0% during the third quarter. True Wealth Design LLC now owns 140 shares of the technology company’s stock worth $30,000 after purchasing an additional 100 shares during the last quarter. First Horizon Corp purchased a new stake in shares of Jabil during the third quarter valued at $30,000. Veracity Capital LLC boosted its stake in shares of Jabil by 4,144.3% during the fourth quarter. Veracity Capital LLC now owns 3,735 shares of the technology company’s stock valued at $31,000 after purchasing an additional 3,647 shares during the period. Finally, Virtus Advisers LLC bought a new position in shares of Jabil in the fourth quarter worth about $32,000. Hedge funds and other institutional investors own 93.39% of the company’s stock.
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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