Patton Fund Management Inc. Boosts Stock Position in Jabil, Inc. $JBL

Patton Fund Management Inc. raised its holdings in Jabil, Inc. (NYSE:JBL) by 37.4% during the first quarter, Holdings Channel reports. The institutional investor owned 15,019 shares of the technology company’s stock after buying an additional 4,087 shares during the period. Jabil makes up about 0.7% of Patton Fund Management Inc.’s holdings, making the stock its 28th largest position. Patton Fund Management Inc.’s holdings in Jabil were worth $3,989,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Greenline Wealth Management LLC acquired a new position in shares of Jabil during the 4th quarter worth about $28,000. Virtus Advisers LLC purchased a new position in shares of Jabil in the 4th quarter valued at about $32,000. DV Equities LLC acquired a new stake in shares of Jabil during the 4th quarter worth about $34,000. Wilkerson Advisory Group LLC acquired a new stake in shares of Jabil during the 4th quarter worth about $34,000. Finally, Leonteq Securities AG purchased a new stake in Jabil during the fourth quarter worth approximately $42,000. 93.39% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Andrew Priestley sold 4,000 shares of Jabil stock in a transaction on Friday, April 10th. The shares were sold at an average price of $301.00, for a total value of $1,204,000.00. Following the transaction, the executive vice president directly owned 60,267 shares of the company’s stock, valued at $18,140,367. The trade was a 6.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Michael Dastoor sold 9,467 shares of the company’s stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $286.64, for a total transaction of $2,713,620.88. Following the completion of the sale, the chief executive officer owned 253,099 shares of the company’s stock, valued at approximately $72,548,297.36. This trade represents a 3.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 35,981 shares of company stock worth $10,812,410. Corporate insiders own 1.35% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on JBL shares. The Goldman Sachs Group upped their price target on Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Stifel Nicolaus set a $460.00 price objective on shares of Jabil and gave the stock a “buy” rating in a report on Thursday, June 18th. Robert W. Baird boosted their price objective on shares of Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a research report on Thursday, June 18th. Raymond James Financial upped their target price on shares of Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a report on Thursday, June 18th. Finally, UBS Group increased their target price on shares of Jabil from $380.00 to $430.00 and gave the company a “neutral” rating in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $453.67.

Jabil Stock Down 0.1%

Shares of NYSE JBL opened at $358.15 on Monday. The stock has a market cap of $37.78 billion, a PE ratio of 44.71, a price-to-earnings-growth ratio of 1.07 and a beta of 1.28. 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, Inc. has a 52-week low of $189.60 and a 52-week high of $428.93. The business has a 50-day moving average price of $356.49 and a 200 day moving average price of $288.35.

Jabil (NYSE:JBL) last released 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. The firm had revenue of $8.75 billion for the quarter, compared to the consensus estimate of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The firm’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the business posted $2.55 EPS. 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 research analysts forecast that Jabil, Inc. will post 11.71 earnings per share for the current year.

Jabil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders 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 dividend yield of 0.1%. Jabil’s dividend payout ratio (DPR) is 4.00%.

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.