Jabil, Inc. $JBL Holdings Cut by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership decreased its stake in Jabil, Inc. (NYSE:JBLFree Report) by 46.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 848,163 shares of the technology company’s stock after selling 728,145 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Jabil were worth $225,298,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Greenline Wealth Management LLC bought a new position in Jabil during the 4th quarter worth $28,000. Veracity Capital LLC boosted its holdings in shares of Jabil by 4,144.3% during the fourth quarter. Veracity Capital LLC now owns 3,735 shares of the technology company’s stock valued at $31,000 after acquiring an additional 3,647 shares during the period. Virtus Advisers LLC bought a new position in shares of Jabil during the fourth quarter worth about $32,000. DV Equities LLC bought a new stake in Jabil in the 4th quarter valued at about $34,000. Finally, Wilkerson Advisory Group LLC acquired a new position in Jabil during the 4th quarter valued at about $34,000. Institutional investors and hedge funds own 93.39% of the company’s stock.

Insider Activity

In related news, EVP Matthew Crowley sold 94 shares of the business’s stock in a transaction 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 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Gary K. Schick sold 1,000 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $340.00, for a total value of $340,000.00. Following the sale, the senior vice president owned 39,843 shares in the company, valued at approximately $13,546,620. The trade was a 2.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.35% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently issued reports on JBL. Raymond James Financial increased their price objective on Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a report on Thursday, June 18th. Wall Street Zen cut Jabil from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 11th. Zacks Research upgraded shares of Jabil from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 2nd. Argus set a $475.00 target price on shares of Jabil in a research note on Thursday, June 18th. Finally, The Goldman Sachs Group upped their price target on shares of Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Jabil currently has a consensus rating of “Buy” and an average target price of $453.67.

Read Our Latest Analysis on JBL

Jabil Stock Performance

NYSE:JBL opened at $312.28 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17. Jabil, Inc. has a 1 year low of $189.60 and a 1 year high of $428.93. The firm’s fifty day simple moving average is $352.15 and its 200 day simple moving average is $302.26. The firm has a market capitalization of $32.72 billion, a PE ratio of 38.99, a PEG ratio of 0.96 and a beta of 1.28.

Jabil (NYSE:JBLGet Free Report) last issued its earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, topping the consensus estimate of $3.10 by $0.06. The firm had revenue of $8.75 billion during 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%.Jabil’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period last year, the business earned $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, sell-side analysts anticipate that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Dividend Announcement

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

About Jabil

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Jabil (NYSE:JBL)

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