Kentucky Retirement Systems Takes Position in Jabil, Inc. $JBL

Kentucky Retirement Systems bought a new position in shares of Jabil, Inc. (NYSE:JBL) during the first quarter, Holdings Channel.com reports. The fund bought 15,264 shares of the technology company’s stock, valued at approximately $4,055,000.

Several other hedge funds have also bought and sold shares of JBL. Norges Bank acquired a new position in Jabil during the fourth quarter worth $407,299,000. JPMorgan Chase & Co. grew its holdings 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 valued at $429,714,000 after buying an additional 591,364 shares during the last quarter. Massachusetts Financial Services Co. MA bought a new stake in shares of Jabil during the fourth quarter worth about $121,710,000. M&T Bank Corp increased its position in shares of Jabil by 2,833.4% during the fourth quarter. M&T Bank Corp now owns 348,987 shares of the technology company’s stock worth $79,576,000 after acquiring an additional 337,090 shares in the last quarter. Finally, Amundi raised its holdings in shares of Jabil by 55.3% in the 3rd quarter. Amundi now owns 704,246 shares of the technology company’s stock worth $142,399,000 after acquiring an additional 250,626 shares during the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.

Jabil Stock Up 7.3%

JBL stock opened at $308.13 on Friday. The stock has a market cap of $32.29 billion, a P/E ratio of 38.47, a P/E/G ratio of 0.86 and a beta of 1.28. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17. The stock’s fifty day simple moving average is $348.90 and its two-hundred day simple moving average is $305.02. Jabil, Inc. has a 1-year low of $189.60 and a 1-year high of $428.93.

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

Jabil Announces Dividend

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

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Stifel Nicolaus set a $460.00 price target on shares of Jabil and gave the company a “buy” rating in a research report on Thursday, June 18th. JPMorgan Chase & Co. boosted their price objective on Jabil from $395.00 to $450.00 and gave the stock an “overweight” rating in a report on Thursday, June 18th. Zacks Research upgraded Jabil from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 2nd. Wall Street Zen lowered Jabil from a “strong-buy” rating to a “buy” rating in a report on Saturday, April 11th. Finally, Argus set a $475.00 target price on Jabil in a research report on Thursday, June 18th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $453.67.

Insiders Place Their Bets

In other Jabil news, EVP Matthew Crowley sold 94 shares of the business’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $345.00, for a total value of $32,430.00. Following the transaction, the executive vice president directly owned 57,536 shares in the company, valued at $19,849,920. The trade was a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.35% of the stock is currently owned by insiders.

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.