Procyon Advisors LLC Buys 2,544 Shares of Jabil, Inc. $JBL

Procyon Advisors LLC raised its position in shares of Jabil, Inc. (NYSE:JBL) by 10.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,494 shares of the technology company’s stock after purchasing an additional 2,544 shares during the period. Procyon Advisors LLC’s holdings in Jabil were worth $7,303,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. PenderFund Capital Management Ltd. grew its stake in shares of Jabil by 3.3% during the 4th quarter. PenderFund Capital Management Ltd. now owns 1,257 shares of the technology company’s stock worth $287,000 after acquiring an additional 40 shares during the period. Root Financial Partners LLC boosted its position in Jabil by 11.1% during the first quarter. Root Financial Partners LLC now owns 432 shares of the technology company’s stock worth $115,000 after purchasing an additional 43 shares during the period. Cidel Asset Management Inc. increased its stake in shares of Jabil by 4.8% in the first quarter. Cidel Asset Management Inc. now owns 991 shares of the technology company’s stock worth $263,000 after purchasing an additional 45 shares in the last quarter. Hilton Head Capital Partners LLC raised its position in shares of Jabil by 24.6% in the first quarter. Hilton Head Capital Partners LLC now owns 263 shares of the technology company’s stock valued at $70,000 after purchasing an additional 52 shares during the period. Finally, Brown Brothers Harriman & Co. lifted its stake in shares of Jabil by 1.9% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,900 shares of the technology company’s stock valued at $630,000 after buying an additional 54 shares in the last quarter. 93.39% of the stock is currently owned by institutional investors.

Jabil Stock Performance

Shares of JBL opened at $330.03 on Monday. 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. The company has a market cap of $34.58 billion, a PE ratio of 41.20, a price-to-earnings-growth ratio of 0.99 and a beta of 1.28. The stock has a 50-day moving average price of $359.43 and a 200-day moving average price of $296.99.

Jabil (NYSE:JBL) last announced its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, beating 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 business 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 earnings per share. Jabil’s quarterly revenue 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. As a group, equities analysts forecast that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.

Jabil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Friday, May 15th were given a dividend of $0.08 per share. The ex-dividend date 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 presently 4.00%.

Insider Activity

In other news, SVP Gary K. Schick sold 1,000 shares of the company’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $340.00, for a total value of $340,000.00. Following the completion of the transaction, the senior vice president directly owned 39,843 shares in the company, valued at approximately $13,546,620. This represents a 2.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Andrew Priestley sold 3,169 shares of the firm’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $330.00, for a total value of $1,045,770.00. Following the transaction, the executive vice president directly owned 57,098 shares in the company, valued at approximately $18,842,340. This represents a 5.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 11,023 shares of company stock valued at $3,546,969. 1.35% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. JPMorgan Chase & Co. boosted their target price on shares of Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. Argus set a $475.00 price objective on Jabil in a report on Thursday, June 18th. Barclays lifted their target price on Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. Wall Street Zen lowered shares of Jabil from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 11th. Finally, Raymond James Financial upped their target price on shares of Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a report on Thursday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $453.67.

Jabil Company 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.