17,584 Shares in Jabil, Inc. $JBL Purchased by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp acquired a new stake in shares of Jabil, Inc. (NYSE:JBL) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 17,584 shares of the technology company’s stock, valued at approximately $6,778,000.

Several other large investors have also bought and sold shares of JBL. Empirical Finance LLC raised its holdings in shares of Jabil by 0.6% during the first quarter. Empirical Finance LLC now owns 5,405 shares of the technology company’s stock valued at $1,436,000 after purchasing an additional 31 shares during the last quarter. Assetmark Inc. grew its position in Jabil by 10.6% in the 1st quarter. Assetmark Inc. now owns 344 shares of the technology company’s stock worth $91,000 after purchasing an additional 33 shares during the period. PenderFund Capital Management Ltd. grew its position in Jabil by 3.3% in the 4th quarter. PenderFund Capital Management Ltd. now owns 1,257 shares of the technology company’s stock worth $287,000 after purchasing an additional 40 shares during the period. Root Financial Partners LLC raised its stake in Jabil by 11.1% during the 1st quarter. Root Financial Partners LLC now owns 432 shares of the technology company’s stock valued at $115,000 after buying an additional 43 shares during the last quarter. Finally, Cidel Asset Management Inc. lifted its holdings in shares of Jabil by 4.8% during the 1st quarter. Cidel Asset Management Inc. now owns 991 shares of the technology company’s stock valued at $263,000 after buying an additional 45 shares during the period. 93.39% of the stock is owned by hedge funds and other institutional investors.

Jabil Trading Down 2.7%

Jabil stock opened at $304.83 on Tuesday. The firm has a 50 day moving average of $338.69 and a 200 day moving average of $316.33. The firm has a market capitalization of $31.94 billion, a price-to-earnings ratio of 38.06, a P/E/G ratio of 0.94 and a beta of 1.30. Jabil, Inc. has a 12-month low of $189.60 and a 12-month high of $428.93. 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 (NYSE:JBL) last released its earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.06. The company had revenue of $8.75 billion for the quarter, compared to analysts’ expectations of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The firm’s revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the business earned $2.55 EPS. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. As a group, research analysts predict that Jabil, Inc. will post 11.71 earnings per share for the current year.

Jabil Announces Dividend

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

Insider Transactions at Jabil

In other news, EVP Matthew Crowley sold 94 shares of the business’s 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 $19,849,920. The trade was a 0.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.35% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on JBL shares. 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 note on Thursday, June 18th. The Goldman Sachs Group increased their target price on Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a report on Thursday, June 18th. UBS Group raised Jabil from a “neutral” rating to a “buy” rating and set a $430.00 target price on the stock in a research report on Tuesday, August 11th. Weiss Ratings downgraded Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Finally, Argus set a $475.00 price target on shares of Jabil in a research report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $453.67.

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.