Trail Ridge Investment Advisors LLC acquired a new stake in Jabil, Inc. (NYSE:JBL – Free Report) during the second quarter, HoldingsChannel reports. The fund acquired 6,634 shares of the technology company’s stock, valued at approximately $2,557,000. Jabil makes up approximately 1.1% of Trail Ridge Investment Advisors LLC’s investment portfolio, making the stock its 17th largest holding.
Other large investors have also recently added to or reduced their stakes in the company. Rakuten Securities Inc. bought a new stake in shares of Jabil in the second quarter valued at about $25,000. Greenline Wealth Management LLC acquired a new position in shares of Jabil in the fourth quarter valued at about $28,000. Virtus Advisers LLC bought a new position in Jabil during the fourth quarter worth about $32,000. DV Equities LLC bought a new position in Jabil during the fourth quarter worth about $34,000. Finally, Wilkerson Advisory Group LLC acquired a new stake in Jabil in the 4th quarter worth about $34,000. Institutional investors own 93.39% of the company’s stock.
Analyst Ratings Changes
JBL has been the subject of a number of recent research reports. UBS Group raised shares of Jabil from a “neutral” rating to a “buy” rating and set a $430.00 price objective for the company in a report on Tuesday, August 11th. Robert W. Baird raised their target price on shares of Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a report on Thursday, June 18th. Argus set a $475.00 price target on shares of Jabil in a research report on Thursday, June 18th. JPMorgan Chase & Co. boosted their price target on Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a research note on Thursday, June 18th. Finally, Weiss Ratings downgraded Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Jabil has an average rating of “Buy” and an average price target of $453.67.
Insider Activity
In related news, EVP Matthew Crowley sold 94 shares of Jabil stock in a transaction that occurred on 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 of the company’s stock, valued at $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.35% of the company’s stock.
Jabil Stock Down 2.7%
JBL stock opened at $304.83 on Tuesday. Jabil, Inc. has a 52 week low of $189.60 and a 52 week high of $428.93. The business has a 50-day simple moving average of $338.69 and a 200 day simple moving average of $316.33. 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 market cap of $31.94 billion, a PE ratio of 38.06, a price-to-earnings-growth ratio of 0.94 and a beta of 1.30.
Jabil (NYSE:JBL – Get Free Report) last announced its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.10 by $0.06. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The firm had revenue of $8.75 billion for the quarter, compared to the consensus estimate of $8.61 billion. During the same period in the prior year, the company posted $2.55 earnings per share. The business’s revenue for the quarter 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 anticipate that Jabil, Inc. will post 11.71 EPS for the current fiscal year.
Jabil Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Friday, August 14th will be given a dividend of $0.08 per share. The ex-dividend date is Friday, August 14th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil’s dividend payout ratio (DPR) 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.
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