Field & Main Bank Takes Position in Jabil, Inc. $JBL

Field & Main Bank acquired a new position in shares of Jabil, Inc. (NYSE:JBL) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,987 shares of the technology company’s stock, valued at approximately $766,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Rakuten Securities Inc. purchased a new stake in shares of Jabil during the 2nd quarter valued at $25,000. Greenline Wealth Management LLC acquired a new stake in shares of Jabil in the 4th quarter worth $28,000. Virtus Advisers LLC purchased a new position in Jabil during the 4th quarter worth $32,000. Wilkerson Advisory Group LLC acquired a new position in Jabil during the 4th quarter valued at about $34,000. Finally, DV Equities LLC acquired a new position in Jabil during the 4th quarter valued at about $34,000. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Insider Buying and Selling

In other Jabil news, EVP Matthew Crowley sold 94 shares of Jabil 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 transaction, the executive vice president owned 57,536 shares of the company’s stock, valued at approximately $19,849,920. The trade was a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.35% of the company’s stock.

Jabil Trading Down 3.4%

Shares of NYSE:JBL opened at $301.69 on Friday. Jabil, Inc. has a 12-month low of $189.60 and a 12-month high of $428.93. The company has a market capitalization of $31.61 billion, a PE ratio of 37.66, a PEG ratio of 0.93 and a beta of 1.30. The business has a 50 day moving average of $333.51 and a two-hundred day moving average of $317.61. 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 released its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, topping the consensus estimate 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 return on equity of 83.93% and a net margin of 2.57%.The business’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. As a group, analysts forecast that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Bank of America reissued a “buy” rating and issued a $470.00 price target on shares of Jabil in a report on Thursday, June 18th. The Goldman Sachs Group upped their price objective on shares of Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Barclays increased their price objective 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. Argus set a $475.00 target price on shares of Jabil in a research note on Thursday, June 18th. Finally, Stifel Nicolaus set a $460.00 target price on shares of Jabil and gave the stock a “buy” rating in a research report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average 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.