Jag Capital Management LLC Buys Shares of 1,337 Jabil, Inc. $JBL

Jag Capital Management LLC bought a new stake in Jabil, Inc. (NYSE:JBL) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,337 shares of the technology company’s stock, valued at approximately $292,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in JBL. Wellington Management Group LLP grew its stake in shares of Jabil by 12.9% during the first quarter. Wellington Management Group LLP now owns 6,556,153 shares of the technology company’s stock worth $892,096,000 after buying an additional 747,423 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its stake in shares of Jabil by 119.9% during the first quarter. Jacobs Levy Equity Management Inc. now owns 1,215,678 shares of the technology company’s stock worth $165,417,000 after buying an additional 662,938 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its stake in shares of Jabil by 4,593.2% during the second quarter. Robeco Institutional Asset Management B.V. now owns 636,776 shares of the technology company’s stock worth $138,881,000 after buying an additional 623,208 shares during the last quarter. Lord Abbett & CO. LLC bought a new stake in Jabil during the 1st quarter worth $81,378,000. Finally, Jones Financial Companies Lllp grew its position in Jabil by 28,071.4% during the 1st quarter. Jones Financial Companies Lllp now owns 343,409 shares of the technology company’s stock worth $46,728,000 after acquiring an additional 342,190 shares during the last quarter. 93.39% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently weighed in on JBL. Barclays boosted their price objective on Jabil from $223.00 to $267.00 and gave the stock an “overweight” rating in a research report on Friday, September 26th. Zacks Research cut Jabil from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 26th. UBS Group set a $241.00 target price on shares of Jabil in a report on Sunday, September 28th. Bank of America boosted their target price on shares of Jabil from $245.00 to $255.00 and gave the stock a “buy” rating in a report on Friday, September 26th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Jabil from $214.00 to $256.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. One equities 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 company’s stock. According to MarketBeat, Jabil currently has an average rating of “Moderate Buy” and an average price target of $248.43.

Jabil Trading Up 3.0%

NYSE:JBL opened at $199.83 on Tuesday. The firm’s fifty day moving average is $212.89 and its 200-day moving average is $189.89. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.66 and a current ratio of 1.00. Jabil, Inc. has a 52 week low of $108.66 and a 52 week high of $237.14. The firm has a market cap of $21.45 billion, a P/E ratio of 33.53, a P/E/G ratio of 1.38 and a beta of 1.26.

Jabil (NYSE:JBL) last issued its quarterly earnings results on Thursday, September 25th. The technology company reported $1.99 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.93). The firm had revenue of $8.30 billion for the quarter, compared to the consensus estimate of $7.63 billion. Jabil had a net margin of 2.20% and a return on equity of 68.63%. The business’s revenue was up 18.5% compared to the same quarter last year. During the same period last year, the company posted $2.30 EPS. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. Equities analysts expect that Jabil, Inc. will post 8.05 earnings per share for the current year.

Jabil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Friday, August 15th were given a dividend of $0.08 per share. The ex-dividend date was Friday, August 15th. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Jabil’s dividend payout ratio is presently 5.37%.

Insiders Place Their Bets

In other Jabil news, Director Steven A. Raymund sold 13,432 shares of the stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $223.11, for a total transaction of $2,996,813.52. Following the transaction, the director directly owned 86,396 shares in the company, valued at approximately $19,275,811.56. This represents a 13.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Mark T. Mondello sold 20,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $214.84, for a total value of $4,296,800.00. Following the transaction, the chairman owned 1,380,190 shares in the company, valued at $296,520,019.60. The trade was a 1.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 85,416 shares of company stock worth $18,367,889 in the last quarter. 1.73% of the stock is currently owned by company insiders.

Jabil Company Profile

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).