Commerce Bank Makes New $10.82 Million Investment in Jabil, Inc. $JBL

Commerce Bank acquired a new stake in shares of Jabil, Inc. (NYSE:JBL) during the second quarter, Holdings Channel reports. The firm acquired 28,082 shares of the technology company’s stock, valued at approximately $10,825,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Jabil during the 2nd quarter valued at $3,905,704,000. Norges Bank bought a new position in Jabil during the fourth quarter valued at about $407,299,000. Bank of New York Mellon Corp acquired a new position in Jabil during the second quarter worth about $411,079,000. JPMorgan Chase & Co. grew its holdings in Jabil by 45.7% during the fourth quarter. JPMorgan Chase & Co. now owns 1,884,545 shares of the technology company’s stock worth $429,714,000 after acquiring an additional 591,364 shares during the period. Finally, Deutsche Bank AG bought a new stake in Jabil in the second quarter worth about $207,874,000. Institutional investors own 93.39% of the company’s stock.

Jabil Price Performance

Shares of JBL opened at $312.91 on Monday. The company has a market capitalization of $32.79 billion, a price-to-earnings ratio of 39.06, a P/E/G ratio of 0.94 and a beta of 1.30. Jabil, Inc. has a fifty-two week low of $189.60 and a fifty-two week high of $428.93. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66. The business’s 50-day moving average is $340.28 and its 200-day moving average is $315.92.

Jabil (NYSE:JBL) last issued its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) 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 company had revenue of $8.75 billion during the quarter, compared to analyst estimates of $8.61 billion. During the same quarter last year, the business posted $2.55 EPS. The company’s revenue for the quarter 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. Equities research analysts expect that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on JBL shares. Zacks Research downgraded shares of Jabil from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. Stifel Nicolaus set a $460.00 price objective on shares of Jabil and gave the stock a “buy” rating in a research note on Thursday, June 18th. Raymond James Financial boosted 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. Barclays increased their target price on shares of Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a research note on Thursday, June 18th. Finally, Robert W. Baird raised their target price on shares of Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a report on Thursday, June 18th. One 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 company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $453.67.

Insiders Place Their Bets

In other news, EVP Matthew Crowley sold 94 shares of the business’s stock in a transaction 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 sale, the executive vice president directly owned 57,536 shares in the company, valued at approximately $19,849,920. The trade was a 0.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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.