Louisiana State Employees Retirement System Invests $1.43 Million in Jabil, Inc. $JBL

Louisiana State Employees Retirement System bought a new stake in Jabil, Inc. (NYSE:JBL) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,400 shares of the technology company’s stock, valued at approximately $1,434,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Ritholtz Wealth Management lifted its position in Jabil by 2.1% in the 1st quarter. Ritholtz Wealth Management now owns 22,432 shares of the technology company’s stock worth $5,959,000 after buying an additional 472 shares during the last quarter. Hilton Head Capital Partners LLC grew its position in Jabil by 24.6% during the first quarter. Hilton Head Capital Partners LLC now owns 263 shares of the technology company’s stock valued at $70,000 after acquiring an additional 52 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its stake in shares of Jabil by 68.9% during the first quarter. Fifth Third Wealth Advisors LLC now owns 1,868 shares of the technology company’s stock worth $496,000 after acquiring an additional 762 shares in the last quarter. OP Asset Management Ltd purchased a new position in shares of Jabil during the first quarter worth approximately $2,928,000. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of Jabil by 467.3% in the 1st quarter. Assenagon Asset Management S.A. now owns 221,014 shares of the technology company’s stock worth $58,708,000 after acquiring an additional 182,053 shares during the last quarter. Institutional investors own 93.39% of the company’s stock.

Jabil Trading Down 8.8%

NYSE:JBL opened at $342.26 on Friday. The firm has a market capitalization of $36.11 billion, a P/E ratio of 42.73, a P/E/G ratio of 1.12 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. The company has a fifty day moving average of $360.07 and a 200 day moving average of $292.30. Jabil, Inc. has a 52 week low of $189.60 and a 52 week high of $428.93.

Jabil (NYSE:JBL) last announced 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 business had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The company’s revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the firm earned $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. On average, research analysts predict that Jabil, Inc. will post 11.71 earnings per share for the current year.

Jabil Announces Dividend

The firm 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 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 is presently 4.00%.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Zacks Research lowered shares of Jabil from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Barclays upped their price target on shares of Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. Bank of America reaffirmed a “buy” rating and set a $470.00 price objective on shares of Jabil in a research note on Thursday, June 18th. Stifel Nicolaus set a $460.00 price objective on Jabil and gave the stock a “buy” rating in a report on Thursday, June 18th. Finally, Weiss Ratings raised Jabil from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $453.67.

Insider Buying and Selling at Jabil

In other Jabil news, 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 completion of the sale, the executive vice president owned 60,267 shares in the company, valued at approximately $18,140,367. This trade represents a 6.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Anousheh Ansari sold 2,000 shares of Jabil stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $300.00, for a total value of $600,000.00. Following the completion of the sale, the director owned 31,800 shares in the company, valued at approximately $9,540,000. This represents a 5.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 34,981 shares of company stock worth $10,539,610 over the last three months. 1.35% of the stock is owned by corporate insiders.

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.