Access Investment Management LLC Buys Shares of 127,765 Jabil, Inc. $JBL

Access Investment Management LLC acquired a new stake in Jabil, Inc. (NYSE:JBL) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 127,765 shares of the technology company’s stock, valued at approximately $27,866,000. Jabil accounts for about 7.9% of Access Investment Management LLC’s holdings, making the stock its largest position. Access Investment Management LLC owned approximately 0.12% of Jabil at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in JBL. Corton Capital Inc. grew its stake in shares of Jabil by 30.2% during the second quarter. Corton Capital Inc. now owns 2,028 shares of the technology company’s stock worth $442,000 after purchasing an additional 470 shares in the last quarter. Hunter Associates Investment Management LLC boosted its stake in Jabil by 4.8% during the 2nd quarter. Hunter Associates Investment Management LLC now owns 18,386 shares of the technology company’s stock worth $4,010,000 after purchasing an additional 837 shares during the period. Westside Investment Management Inc. increased its position in Jabil by 757.1% in the 2nd quarter. Westside Investment Management Inc. now owns 180 shares of the technology company’s stock valued at $39,000 after acquiring an additional 159 shares during the period. Hutchens & Kramer Investment Management Group LLC purchased a new stake in shares of Jabil during the second quarter worth approximately $288,000. Finally, State of Michigan Retirement System increased its stake in shares of Jabil by 0.8% during the second quarter. State of Michigan Retirement System now owns 36,000 shares of the technology company’s stock worth $7,852,000 after acquiring an additional 300 shares during the period. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

JBL has been the topic of a number of research reports. UBS Group set a $241.00 price objective on shares of Jabil in a research note on Sunday, September 28th. 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. Bank of America upped their price target on Jabil from $245.00 to $255.00 and gave the stock a “buy” rating in a report on Friday, September 26th. Zacks Research lowered Jabil from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 26th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Jabil in a research note on Tuesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $248.43.

Insiders Place Their Bets

In related news, CFO Gregory B. Hebard sold 6,086 shares of the company’s stock in a transaction that occurred on Tuesday, October 28th. The shares were sold at an average price of $213.54, for a total value of $1,299,604.44. Following the completion of the sale, the chief financial officer owned 58,526 shares in the company, valued at approximately $12,497,642.04. This represents a 9.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Matthew Crowley sold 3,877 shares of the business’s stock in a transaction on Tuesday, October 21st. The shares were sold at an average price of $202.59, for a total transaction of $785,441.43. Following the sale, the executive vice president directly owned 58,736 shares in the company, valued at approximately $11,899,326.24. This trade represents a 6.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 102,451 shares of company stock valued at $21,376,432 over the last 90 days. 1.73% of the stock is owned by corporate insiders.

Jabil Stock Down 0.2%

Jabil stock opened at $221.11 on Monday. The company’s 50-day moving average price is $211.10 and its two-hundred day moving average price is $198.16. The company has a current ratio of 1.00, a quick ratio of 0.66 and a debt-to-equity ratio of 1.57. The stock has a market cap of $23.62 billion, a price-to-earnings ratio of 37.10, a PEG ratio of 1.58 and a beta of 1.26. Jabil, Inc. has a 52 week low of $108.66 and a 52 week high of $237.14.

Jabil (NYSE:JBL) last posted its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $7.63 billion. Jabil had a return on equity of 68.63% and a net margin of 2.20%.The firm’s quarterly revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the firm 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. On average, analysts expect that Jabil, Inc. will post 8.05 EPS for the current fiscal year.

Jabil Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Monday, November 17th. Jabil’s dividend payout ratio (DPR) is presently 5.37%.

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).