Silvant Capital Management LLC purchased a new position in shares of Jabil, Inc. (NYSE:JBL – Free Report) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 17,896 shares of the technology company’s stock, valued at approximately $6,899,000.
Other hedge funds have also recently made changes to their positions in the company. Ceredex Value Advisors LLC purchased a new stake in shares of Jabil in the 2nd quarter valued at $44,312,000. Portfolio Design Labs LLC purchased a new position in Jabil in the 2nd quarter worth $312,000. Reliant Investment Partners LLC purchased a new position in Jabil in the 2nd quarter worth $202,000. Advisors Capital Management LLC bought a new stake in Jabil in the second quarter worth $429,000. Finally, Vise Technologies Inc. purchased a new stake in Jabil during the second quarter valued at about $3,055,000. 93.39% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other news, EVP Matthew Crowley sold 94 shares of Jabil stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $345.00, for a total value of $32,430.00. Following the sale, the executive vice president directly owned 57,536 shares in the company, valued at approximately $19,849,920. This trade represents a 0.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.35% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Analysis on JBL
Jabil Price Performance
JBL stock opened at $316.65 on Friday. The stock has a market capitalization of $33.18 billion, a price-to-earnings ratio of 39.53, a PEG ratio of 0.97 and a beta of 1.30. The firm’s 50-day moving average price is $341.71 and its two-hundred day moving average price is $315.43. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17. Jabil, Inc. has a 12-month low of $189.60 and a 12-month high of $428.93.
Jabil (NYSE:JBL – Get Free Report) last posted its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, topping analysts’ consensus estimates of $3.10 by $0.06. The company had revenue of $8.75 billion during the quarter, compared to analyst estimates of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. Jabil’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period in the prior year, the business posted $2.55 earnings per share. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. As a group, equities analysts predict that Jabil, Inc. will post 11.71 earnings per share for the current year.
Jabil Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Friday, August 14th will be issued a $0.08 dividend. The ex-dividend date is Friday, August 14th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s dividend payout ratio (DPR) is 4.00%.
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.
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