Jabil (NYSE:JBL – Free Report) had its price objective raised by Bank of America from $280.00 to $295.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have a buy rating on the technology company’s stock.
Several other equities analysts have also recently commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Jabil in a research note on Friday, January 9th. Wall Street Zen lowered shares of Jabil from a “strong-buy” rating to a “buy” rating in a report on Monday, February 23rd. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Jabil in a research report on Thursday, December 18th. Robert W. Baird initiated coverage on shares of Jabil in a research note on Thursday, March 12th. They set an “outperform” rating and a $275.00 price objective on the stock. Finally, JPMorgan Chase & Co. lifted their target price on Jabil from $270.00 to $300.00 and gave the company an “overweight” rating in a research note on Thursday, March 12th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Jabil currently has an average rating of “Moderate Buy” and a consensus target price of $283.25.
Get Our Latest Stock Report on JBL
Jabil Trading Up 2.5%
Jabil (NYSE:JBL – Get Free Report) last released its quarterly earnings results on Wednesday, March 18th. The technology company reported $2.69 EPS for the quarter, topping the consensus estimate of $2.51 by $0.18. Jabil had a return on equity of 80.96% and a net margin of 2.48%.The firm had revenue of $8.28 billion for the quarter, compared to analyst estimates of $7.75 billion. During the same period in the previous year, the company posted $1.94 EPS. Jabil’s revenue for the quarter was up 23.1% on a year-over-year basis. Research analysts predict that Jabil will post 8.05 earnings per share 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 given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Tuesday, February 17th. Jabil’s dividend payout ratio is 4.98%.
Insider Activity
In other Jabil news, Chairman Mark T. Mondello sold 20,000 shares of the business’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $236.25, for a total transaction of $4,725,000.00. Following the sale, the chairman directly owned 1,151,459 shares of the company’s stock, valued at $272,032,188.75. The trade was a 1.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Anousheh Ansari sold 500 shares of the stock in a transaction on Thursday, January 15th. The shares were 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 of the company’s stock, valued at $8,542,800. The trade was a 1.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 88,018 shares of company stock worth $21,347,051. 1.35% of the stock is owned by corporate insiders.
Institutional Trading of Jabil
Several hedge funds and other institutional investors have recently modified their holdings of JBL. State Street Corp raised its stake in shares of Jabil by 0.7% during the 3rd quarter. State Street Corp now owns 5,199,646 shares of the technology company’s stock worth $1,129,207,000 after purchasing an additional 36,646 shares in the last quarter. Primecap Management Co. CA boosted its holdings in Jabil by 0.4% in the 4th quarter. Primecap Management Co. CA now owns 3,343,670 shares of the technology company’s stock valued at $762,424,000 after purchasing an additional 12,600 shares during the period. Geode Capital Management LLC grew its position in Jabil by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 2,913,157 shares of the technology company’s stock worth $661,783,000 after buying an additional 42,422 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Jabil by 5.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,302,307 shares of the technology company’s stock worth $502,133,000 after purchasing an additional 129,212 shares in the last quarter. Finally, Boston Partners lifted its position in Jabil by 224.4% in the second quarter. Boston Partners now owns 1,898,681 shares of the technology company’s stock worth $414,119,000 after purchasing an additional 1,313,338 shares during the period. 93.39% of the stock is currently owned by hedge funds and other institutional investors.
Jabil News Roundup
Here are the key news stories impacting Jabil this week:
- Positive Sentiment: Jabil beat Q2 estimates (revenue ~$8.3B, adj. EPS $2.69) and raised full‑year guidance — management cited strong demand from AI/data‑center and networking infrastructure, which underpins near‑term revenue and margin outlook. Jabil beats estimates, raises full-year outlook
- Positive Sentiment: Multiple analysts responded with higher forecasts and price‑target lifts (including upgrades/raises reported after the quarter), supporting further upside potential and signaling improved sell‑side conviction. Jabil Analysts Increase Their Forecasts After Better-Than-Expected Q2 Results
- Positive Sentiment: AI-driven demand (Intelligent Infrastructure — cloud, datacenter, networking) is explicitly cited as the growth engine; Jabil raised revenue and EPS guidance on that thesis, a durable catalyst for suppliers in the space. Electronics firm Jabil raises annual forecasts on data center demand
- Positive Sentiment: Share repurchases and heavy institutional ownership are amplifying per‑share metrics: buybacks have reduced share count materially YTD and institutions hold a large stake, which can support the stock on dips and improve EPS leverage. Jabil Quietly Manufactures an Accelerating Stock Price Rally
- Neutral Sentiment: Short‑term relative performance is mixed: some market‑data pieces show Jabil underperforming peers on certain days despite gains—useful for traders watching momentum vs. competitors. Jabil Inc. stock underperforms Thursday when compared to competitors despite daily gains
- Neutral Sentiment: Analyst coverage commentary and summaries (consensus = Moderate Buy) can influence intraday flows but are mixed; investors should weigh individual price‑target upside against valuation and execution risk. Jabil, Inc. (NYSE:JBL) Receives Consensus Rating of “Moderate Buy” from Analysts
- Negative Sentiment: Some coverage noted the market’s muted/negative reaction in parts of the day (articles describing a slump despite the beat) and flagged buybacks’ potential drawbacks (cash use and accounting effects); these are reminders that execution and capital allocation remain watch points. Jabil slumps despite Q2 beat, raising outlook
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.
Recommended Stories
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.
