Commerce Bank bought a new stake in shares of Jabil, Inc. (NYSE:JBL – Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 28,082 shares of the technology company’s stock, valued at approximately $10,825,000.
A number of other institutional investors also recently made changes to their positions in JBL. Pinnbrook Capital Management LP acquired a new stake in shares of Jabil during the second quarter valued at $22,692,000. Northwestern Mutual Wealth Management Co. acquired a new position in Jabil in the 2nd quarter valued at about $4,738,000. Quantbot Technologies LP purchased a new position in Jabil in the 2nd quarter valued at about $187,000. Evolve Private Wealth LLC purchased a new position in Jabil in the 2nd quarter valued at about $9,317,000. Finally, George Kaiser Family Foundation purchased a new stake in shares of Jabil during the second quarter worth about $9,869,000. 93.39% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Jabil news, EVP Matthew Crowley sold 94 shares of the stock in a transaction on Monday, July 6th. The shares were sold at an average price of $345.00, for a total transaction of $32,430.00. Following the sale, the executive vice president directly owned 57,536 shares of the company’s stock, valued at approximately $19,849,920. This represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.35% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
Read Our Latest Analysis on Jabil
Jabil Stock Down 0.1%
Shares of NYSE:JBL opened at $312.91 on Monday. The company has a market capitalization of $32.79 billion, a price-to-earnings ratio of 39.06, a price-to-earnings-growth ratio of 0.94 and a beta of 1.30. The company has a 50 day moving average of $340.28 and a two-hundred day moving average of $315.92. Jabil, Inc. has a 52-week low of $189.60 and a 52-week high of $428.93. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17.
Jabil (NYSE:JBL – Get Free Report) last issued its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 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 analyst estimates of $8.61 billion. During the same quarter in the previous year, the business posted $2.55 EPS. The firm’s 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. As a group, analysts forecast that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.
Jabil Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Friday, August 14th will be paid a dividend of $0.08 per share. The ex-dividend date is Friday, August 14th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s dividend payout ratio (DPR) 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.
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