Edgestream Partners L.P. Invests $3.57 Million in Jabil, Inc. $JBL

Edgestream Partners L.P. purchased a new stake in shares of Jabil, Inc. (NYSE:JBL) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 16,381 shares of the technology company’s stock, valued at approximately $3,573,000.

Other hedge funds also recently added to or reduced their stakes in the company. GFG Capital LLC purchased a new stake in Jabil during the 2nd quarter valued at $26,000. Traub Capital Management LLC bought a new position in shares of Jabil during the second quarter valued at $33,000. Assetmark Inc. lifted its holdings in shares of Jabil by 45.8% during the second quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock valued at $34,000 after purchasing an additional 49 shares in the last quarter. Westside Investment Management Inc. boosted its position in shares of Jabil by 757.1% during the second quarter. Westside Investment Management Inc. now owns 180 shares of the technology company’s stock valued at $39,000 after buying an additional 159 shares during the last quarter. Finally, Hantz Financial Services Inc. increased its holdings in Jabil by 45.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 189 shares of the technology company’s stock worth $41,000 after buying an additional 59 shares in the last quarter. 93.39% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

JBL has been the topic of several research analyst reports. Raymond James Financial set a $260.00 target price on shares of Jabil in a research note on Thursday, September 25th. UBS Group set a $241.00 price objective on shares of Jabil in a research report on Sunday, September 28th. Bank of America lifted their target price on shares of Jabil from $245.00 to $255.00 and gave the stock a “buy” rating in a research report on Friday, September 26th. Barclays boosted their target price on shares of Jabil from $223.00 to $267.00 and gave the company an “overweight” rating in a research note on Friday, September 26th. Finally, Zacks Research downgraded Jabil from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 26th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $248.43.

Insider Transactions at Jabil

In other news, CFO Gregory B. Hebard sold 6,086 shares of Jabil stock in a transaction dated Tuesday, October 28th. The stock was sold at an average price of $213.54, for a total transaction of $1,299,604.44. Following the transaction, the chief financial officer directly owned 58,526 shares of the company’s stock, valued at $12,497,642.04. The trade was a 9.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Matthew Crowley sold 3,877 shares of the business’s stock in a transaction that occurred on Tuesday, October 21st. The shares were sold at an average price of $202.59, for a total value of $785,441.43. Following the transaction, the executive vice president owned 58,736 shares of the company’s stock, valued at approximately $11,899,326.24. This trade represents a 6.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 131,762 shares of company stock valued at $28,129,921. Company insiders own 1.73% of the company’s stock.

Jabil Stock Up 1.1%

Shares of JBL stock opened at $214.43 on Thursday. The company has a current ratio of 1.00, a quick ratio of 0.66 and a debt-to-equity ratio of 1.57. Jabil, Inc. has a 12 month low of $108.66 and a 12 month high of $237.14. The stock has a market cap of $22.91 billion, a P/E ratio of 35.98, a P/E/G ratio of 1.49 and a beta of 1.26. The company has a 50 day simple moving average of $208.37 and a two-hundred day simple moving average of $207.14.

Jabil (NYSE:JBL) last issued its quarterly earnings results on Thursday, September 25th. The technology company reported $3.29 earnings per share for the quarter, topping the consensus estimate of $2.92 by $0.37. The business had revenue of $8.25 billion for the quarter, compared to analysts’ expectations of $7.63 billion. Jabil had a net margin of 2.20% and a return on equity of 68.63%. The company’s revenue was up 18.5% compared to the same quarter last year. During the same quarter last year, the company posted $2.30 EPS. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS and its FY 2026 guidance at 11.000-11.000 EPS. On average, research analysts expect that Jabil, Inc. will post 8.05 earnings per share for the current year.

Jabil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th were given a $0.08 dividend. The ex-dividend date was Monday, November 17th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s dividend payout ratio is presently 5.37%.

Jabil Company Profile

Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).