Horizon Investment Services LLC Acquires New Shares in Jabil, Inc. $JBL

Horizon Investment Services LLC bought a new stake in Jabil, Inc. (NYSE:JBL) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,646 shares of the technology company’s stock, valued at approximately $5,260,000. Jabil makes up approximately 1.5% of Horizon Investment Services LLC’s investment portfolio, making the stock its 25th biggest holding.

Several other hedge funds also recently bought and sold shares of JBL. Greenline Wealth Management LLC bought a new stake in shares of Jabil in the 4th quarter valued at approximately $28,000. Virtus Advisers LLC bought a new position in Jabil during the fourth quarter valued at approximately $32,000. DV Equities LLC bought a new position in Jabil during the fourth quarter valued at approximately $34,000. Wilkerson Advisory Group LLC acquired a new stake in Jabil in the fourth quarter valued at approximately $34,000. Finally, Leonteq Securities AG bought a new stake in Jabil in the fourth quarter worth approximately $42,000. 93.39% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Matthew Crowley sold 94 shares of Jabil stock in a transaction dated Monday, July 6th. The stock was 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 approximately $19,849,920. The trade was a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.35% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on JBL. UBS Group upgraded shares of Jabil from a “neutral” rating to a “buy” rating and set a $430.00 price target on the stock in a research note on Tuesday, August 11th. Raymond James Financial lifted their price objective on shares of Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a research note on Thursday, June 18th. The Goldman Sachs Group increased their target price on shares of Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Argus set a $475.00 target price on Jabil in a report on Thursday, June 18th. Finally, Robert W. Baird boosted their price target on Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a research report on Thursday, June 18th. Two analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the stock. According to MarketBeat.com, Jabil currently has an average rating of “Buy” and a consensus price target of $453.67.

Jabil Trading Up 0.1%

NYSE:JBL opened at $363.45 on Monday. Jabil, Inc. has a 12 month low of $189.60 and a 12 month high of $428.93. The firm has a market cap of $38.09 billion, a price-to-earnings ratio of 45.37, a P/E/G ratio of 1.09 and a beta of 1.30. 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’s 50 day moving average is $343.87 and its 200-day moving average is $312.75.

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

Jabil Dividend Announcement

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