Praesidium Investment Management Company LLC Acquires Shares of 65,664 Jabil, Inc. $JBL

Praesidium Investment Management Company LLC acquired a new position in shares of Jabil, Inc. (NYSE:JBL) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 65,664 shares of the technology company’s stock, valued at approximately $25,312,159. Jabil comprises approximately 0.0% of Praesidium Investment Management Company LLC’s investment portfolio, making the stock its 2nd largest position. Praesidium Investment Management Company LLC owned about 0.06% of Jabil at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JBL. Rakuten Securities Inc. purchased a new stake in Jabil in the 2nd quarter worth approximately $25,000. Bell Investment Advisors Inc acquired a new position in shares of Jabil in the 2nd quarter valued at about $35,000. Persistent Asset Partners Ltd purchased a new stake in Jabil during the second quarter worth about $45,000. Jones Financial Companies Lllp bought a new stake in Jabil in the 2nd quarter worth approximately $46,000. Finally, Greenline Wealth Management LLC purchased a new position in shares of Jabil in the fourth quarter worth $28,000. Institutional investors and hedge funds own 93.39% of the company’s stock.

Jabil Price Performance

Jabil stock traded down $10.53 during mid-day trading on Friday, reaching $301.69. The company had a trading volume of 1,022,748 shares, compared to its average volume of 1,205,810. The company has a market cap of $31.61 billion, a P/E ratio of 37.66, a P/E/G ratio of 0.93 and a beta of 1.30. The business has a fifty day simple moving average of $334.90 and a 200 day simple moving average of $317.72. Jabil, Inc. has a fifty-two week low of $189.60 and a fifty-two week 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 announced its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $8.75 billion during the quarter, compared to analyst estimates of $8.61 billion. During the same quarter in the prior year, the company earned $2.55 EPS. The business’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. On average, equities research analysts predict that Jabil, Inc. will post 11.71 earnings per share for the current year.

Jabil Dividend Announcement

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

Insider Transactions at Jabil

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

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Barclays lifted their target price on shares of Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a research 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 for the company in a research report on Tuesday, August 11th. Bank of America reiterated a “buy” rating and issued a $470.00 target price on shares of Jabil in a research note on Thursday, June 18th. Weiss Ratings lowered shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Finally, Robert W. Baird upped their price target on shares of Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a research note on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average 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.