OMERS ADMINISTRATION Corp Makes New Investment in Jabil, Inc. $JBL

OMERS ADMINISTRATION Corp acquired a new stake in shares of Jabil, Inc. (NYSE:JBL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 17,584 shares of the technology company’s stock, valued at approximately $6,778,000.

Several other large investors have also recently made changes to their positions in JBL. Empirical Finance LLC lifted its position in shares of Jabil by 0.6% in the first quarter. Empirical Finance LLC now owns 5,405 shares of the technology company’s stock worth $1,436,000 after buying an additional 31 shares in the last quarter. Assetmark Inc. grew its holdings in Jabil by 10.6% during the 1st quarter. Assetmark Inc. now owns 344 shares of the technology company’s stock valued at $91,000 after buying an additional 33 shares in the last quarter. PenderFund Capital Management Ltd. grew its holdings in Jabil by 3.3% during the 4th quarter. PenderFund Capital Management Ltd. now owns 1,257 shares of the technology company’s stock valued at $287,000 after buying an additional 40 shares in the last quarter. Root Financial Partners LLC increased its stake in Jabil by 11.1% in the 1st quarter. Root Financial Partners LLC now owns 432 shares of the technology company’s stock worth $115,000 after acquiring an additional 43 shares during the last quarter. Finally, Cidel Asset Management Inc. increased its stake in Jabil by 4.8% in the 1st quarter. Cidel Asset Management Inc. now owns 991 shares of the technology company’s stock worth $263,000 after acquiring an additional 45 shares during the last quarter. 93.39% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Jabil news, EVP Matthew Crowley sold 94 shares of the business’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 transaction of $32,430.00. Following the completion of the transaction, the executive vice president owned 57,536 shares in the company, valued at $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 is available at this link. 1.35% of the stock is owned by company insiders.

Jabil Stock Down 2.7%

Shares of JBL opened at $304.83 on Tuesday. 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 business has a fifty day moving average of $338.69 and a 200 day moving average of $316.33. The company has a market cap of $31.94 billion, a PE ratio of 38.06, a P/E/G ratio of 0.94 and a beta of 1.30. Jabil, Inc. has a 52-week low of $189.60 and a 52-week high of $428.93.

Jabil (NYSE:JBL) last posted its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.06. The business had revenue of $8.75 billion for the quarter, compared to analysts’ expectations of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The business’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.55 earnings per share. 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, sell-side analysts expect that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Robert W. Baird raised their target price on shares of Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a report on Thursday, June 18th. Bank of America reaffirmed a “buy” rating and set a $470.00 price target on shares of Jabil in a research note on Thursday, June 18th. Zacks Research cut shares of Jabil from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. JPMorgan Chase & Co. boosted their target price on shares of Jabil from $395.00 to $450.00 and gave the stock an “overweight” rating in a report on Thursday, June 18th. Finally, Argus set a $475.00 target price on shares of Jabil in a research report on Thursday, June 18th. One research 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. Based on data from MarketBeat.com, Jabil has a consensus rating of “Buy” and a consensus target price of $453.67.

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.