Flputnam Investment Management Co. Purchases Shares of 24,764 Jabil, Inc. $JBL

Flputnam Investment Management Co. acquired a new stake in Jabil, Inc. (NYSE:JBL) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 24,764 shares of the technology company’s stock, valued at approximately $9,546,000.

Other large investors also recently made changes to their positions in the company. Todd Asset Management LLC increased its holdings in Jabil by 1.9% during the 4th quarter. Todd Asset Management LLC now owns 336,356 shares of the technology company’s stock worth $76,696,000 after purchasing an additional 6,179 shares in the last quarter. Jefferies Financial Group Inc. bought a new position in Jabil during the 4th quarter valued at $7,061,000. Jackson Creek Investment Advisors LLC grew its stake in shares of Jabil by 386.2% in the 4th quarter. Jackson Creek Investment Advisors LLC now owns 11,290 shares of the technology company’s stock worth $2,574,000 after acquiring an additional 8,968 shares in the last quarter. Western Wealth Management LLC purchased a new stake in shares of Jabil in the first quarter valued at about $1,333,000. Finally, Allstate Corp boosted its holdings in Jabil by 98.0% during the fourth quarter. Allstate Corp now owns 7,959 shares of the technology company’s stock worth $1,815,000 after purchasing an additional 3,939 shares during the last quarter. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently commented on JBL. Bank of America reaffirmed a “buy” rating and set a $470.00 price target on shares of Jabil in a research report on Thursday, June 18th. Weiss Ratings cut Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday. Raymond James Financial boosted their price target 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. UBS Group raised shares of Jabil from a “neutral” rating to a “buy” rating and set a $430.00 price objective on the stock in a research report on Tuesday, August 11th. Finally, Argus set a $475.00 target price on shares of Jabil in a research report on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company. Based on data from MarketBeat.com, Jabil has an average rating of “Buy” and an average price target of $453.67.

Jabil Stock Up 0.1%

Jabil stock opened at $363.45 on Monday. The firm has a 50 day simple moving average of $343.87 and a 200 day simple moving average of $312.75. 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, Inc. has a 1-year low of $189.60 and a 1-year high of $428.93. The firm has a market capitalization 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.

Jabil (NYSE:JBL) last announced its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.06. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The company had revenue of $8.75 billion during the quarter, compared to analysts’ expectations of $8.61 billion. During the same period in the previous year, the business earned $2.55 earnings per share. The firm’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. On average, analysts predict that Jabil, Inc. will post 11.71 earnings per share for the current year.

Jabil Announces Dividend

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

Insider Activity at Jabil

In other news, EVP Matthew Crowley sold 94 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $345.00, for a total value of $32,430.00. Following the completion of the transaction, the executive vice president directly owned 57,536 shares in the company, valued at approximately $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.35% of the company’s stock.

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.