Monetta Financial Services Inc. purchased a new stake in shares of Jabil, Inc. (NYSE:JBL – Free Report) during the second quarter, HoldingsChannel reports. The fund purchased 4,000 shares of the technology company’s stock, valued at approximately $1,542,000. Jabil accounts for approximately 1.0% of Monetta Financial Services Inc.’s portfolio, making the stock its 29th largest holding.
Several other institutional investors have also bought and sold shares of JBL. Empirical Finance LLC grew its stake in shares of Jabil by 0.6% in the 1st quarter. Empirical Finance LLC now owns 5,405 shares of the technology company’s stock worth $1,436,000 after buying an additional 31 shares in the last quarter. Assetmark Inc. grew its position in Jabil by 10.6% in the first quarter. Assetmark Inc. now owns 344 shares of the technology company’s stock worth $91,000 after acquiring an additional 33 shares in the last quarter. PenderFund Capital Management Ltd. grew its position in Jabil by 3.3% in the fourth quarter. PenderFund Capital Management Ltd. now owns 1,257 shares of the technology company’s stock worth $287,000 after acquiring an additional 40 shares in the last quarter. Root Financial Partners LLC increased its stake in Jabil by 11.1% during the first quarter. Root Financial Partners LLC now owns 432 shares of the technology company’s stock worth $115,000 after acquiring an additional 43 shares during the last quarter. Finally, Cidel Asset Management Inc. increased its stake in Jabil by 4.8% during the first quarter. Cidel Asset Management Inc. now owns 991 shares of the technology company’s stock worth $263,000 after acquiring an additional 45 shares during the last quarter. Institutional investors own 93.39% of the company’s stock.
Analysts Set New Price Targets
Several research firms have recently issued reports on JBL. Robert W. Baird raised their price objective on Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a research note on Thursday, June 18th. Zacks Research downgraded Jabil from a “strong-buy” rating to a “hold” rating in a research report on Monday. JPMorgan Chase & Co. raised their price target on Jabil from $395.00 to $450.00 and gave the stock an “overweight” rating in a research report on Thursday, June 18th. UBS Group upgraded shares of Jabil from a “neutral” rating to a “buy” rating and set a $430.00 price objective on the stock in a research report on Tuesday, August 11th. Finally, Barclays increased their target price on shares of Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a research note on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $453.67.
Insider Buying and Selling
In other 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 completion of the sale, the executive vice president owned 57,536 shares in the company, valued at approximately $19,849,920. The trade was a 0.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.35% of the company’s stock.
Jabil Price Performance
Jabil stock opened at $322.10 on Thursday. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66. The stock has a market cap of $33.75 billion, a price-to-earnings ratio of 40.21, a price-to-earnings-growth ratio of 1.01 and a beta of 1.30. The firm has a 50-day moving average of $342.93 and a two-hundred day moving average of $314.87. Jabil, Inc. has a 1 year low of $189.60 and a 1 year high of $428.93.
Jabil (NYSE:JBL – Get Free Report) last announced its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, beating the consensus estimate of $3.10 by $0.06. The firm had revenue of $8.75 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the firm 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. On average, research analysts forecast that Jabil, Inc. will post 11.71 earnings per share for the current year.
Jabil Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Friday, August 14th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.32 dividend on an annualized basis 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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