Optas LLC Increases Position in Jabil, Inc. $JBL

Optas LLC boosted its holdings in Jabil, Inc. (NYSE:JBL) by 86.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,578 shares of the technology company’s stock after purchasing an additional 1,658 shares during the period. Optas LLC’s holdings in Jabil were worth $950,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Jabil during the 4th quarter valued at approximately $407,299,000. Arrowstreet Capital Limited Partnership increased its stake in shares of Jabil by 1,157.8% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,454,915 shares of the technology company’s stock worth $315,964,000 after buying an additional 1,339,247 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Jabil by 45.7% in the fourth quarter. JPMorgan Chase & Co. now owns 1,884,545 shares of the technology company’s stock valued at $429,714,000 after acquiring an additional 591,364 shares in the last quarter. Massachusetts Financial Services Co. MA bought a new position in Jabil during the 4th quarter valued at $121,710,000. Finally, M&T Bank Corp grew its holdings in Jabil by 2,833.4% during the 4th quarter. M&T Bank Corp now owns 348,987 shares of the technology company’s stock worth $79,576,000 after acquiring an additional 337,090 shares in the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.

Insider Buying and Selling

In other news, EVP Steven D. Borges sold 7,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $290.00, for a total transaction of $2,030,000.00. Following the completion of the transaction, the executive vice president directly owned 76,524 shares of the company’s stock, valued at approximately $22,191,960. This represents a 8.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Andrew Priestley sold 4,000 shares of the stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $301.00, for a total value of $1,204,000.00. Following the sale, the executive vice president owned 60,267 shares in the company, valued at $18,140,367. The trade was a 6.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 34,981 shares of company stock valued at $10,539,610 over the last 90 days. 1.35% of the stock is owned by corporate insiders.

Jabil Stock Down 8.8%

Shares of NYSE:JBL opened at $342.26 on Friday. The stock has a market capitalization of $36.11 billion, a price-to-earnings ratio of 42.73, a price-to-earnings-growth ratio of 1.12 and a beta of 1.28. Jabil, Inc. has a 1-year low of $189.60 and a 1-year high of $428.93. The company’s fifty day moving average is $360.07 and its two-hundred day moving average is $292.30. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98.

Jabil (NYSE:JBL) last posted its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share (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 company had revenue of $8.75 billion for the quarter, compared to the consensus estimate of $8.61 billion. During the same period last year, the firm posted $2.55 EPS. The company’s revenue for the quarter was up 11.8% on a year-over-year basis. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Friday, May 15th were issued a $0.08 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s dividend payout ratio (DPR) is currently 4.00%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of Jabil from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday. Robert W. Baird lifted their price target on Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a research note on Thursday, June 18th. Argus set a $475.00 price objective on Jabil in a report on Thursday, June 18th. UBS Group upped their price objective on Jabil from $380.00 to $430.00 and gave the company a “neutral” rating in a research note on Thursday, June 18th. Finally, JPMorgan Chase & Co. increased their target price on Jabil from $395.00 to $450.00 and gave the stock an “overweight” rating in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $453.67.

About Jabil

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.