PDT Partners LLC Acquires New Shares in Jabil, Inc. $JBL

PDT Partners LLC bought a new position in shares of Jabil, Inc. (NYSE:JBL) during the 2nd quarter, HoldingsChannel reports. The firm bought 41,370 shares of the technology company’s stock, valued at approximately $15,947,000. Jabil comprises approximately 0.8% of PDT Partners LLC’s holdings, making the stock its 16th largest position.

Several other large investors have also modified their holdings of the business. BlackRock Inc. purchased a new position in Jabil in the second quarter valued at about $3,905,704,000. Norges Bank purchased a new stake in shares of Jabil during the fourth quarter valued at about $407,299,000. Bank of New York Mellon Corp purchased a new stake in shares of Jabil during the second quarter valued at about $411,079,000. JPMorgan Chase & Co. increased its position in shares of Jabil by 45.7% during the fourth quarter. JPMorgan Chase & Co. now owns 1,884,545 shares of the technology company’s stock worth $429,714,000 after purchasing an additional 591,364 shares in the last quarter. Finally, Paradigm Capital Management Inc. NY acquired a new position in Jabil during the 2nd quarter valued at about $210,819,000. Institutional investors own 93.39% of the company’s stock.

Insiders Place Their Bets

In other Jabil news, EVP Matthew Crowley sold 94 shares of Jabil stock in a transaction on Monday, July 6th. The shares were sold at an average price of $345.00, for a total transaction of $32,430.00. Following the sale, the executive vice president owned 57,536 shares of the company’s stock, valued at $19,849,920. The trade was a 0.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.35% of the company’s stock.

Wall Street Analysts Forecast Growth

JBL has been the subject of a number of research analyst reports. Argus set a $475.00 target price on Jabil in a research note on Thursday, June 18th. Barclays increased their price target on shares of Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a report on Thursday, June 18th. UBS Group upgraded Jabil from a “neutral” rating to a “buy” rating and set a $430.00 price target for the company in a research note on Tuesday, August 11th. Weiss Ratings cut Jabil from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. Finally, Bank of America reiterated a “buy” rating and set a $470.00 price target on shares of Jabil in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $453.67.

Jabil Stock Up 1.4%

JBL opened at $309.05 on Wednesday. Jabil, Inc. has a twelve month low of $189.60 and a twelve month high of $428.93. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17. The company has a 50-day moving average price of $337.34 and a 200 day moving average price of $316.85. The company has a market cap of $32.38 billion, a PE ratio of 38.58, a price-to-earnings-growth ratio of 0.91 and a beta of 1.30.

Jabil (NYSE:JBL) last posted its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, topping the consensus estimate of $3.10 by $0.06. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The company had revenue of $8.75 billion during the quarter, compared to analyst estimates of $8.61 billion. During the same period in the previous year, the business earned $2.55 EPS. Jabil’s quarterly revenue was up 11.8% on a year-over-year basis. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. Sell-side analysts expect that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.

Jabil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Friday, August 14th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Friday, August 14th. Jabil’s dividend payout ratio is currently 4.00%.

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.