Glenview Trust Co Acquires New Position in Jabil, Inc. $JBL

Glenview Trust Co bought a new position in shares of Jabil, Inc. (NYSE:JBL) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,200 shares of the technology company’s stock, valued at approximately $848,000.

Other large investors have also added to or reduced their stakes in the company. Rakuten Securities Inc. bought a new position in Jabil in the 2nd quarter worth $25,000. Greenline Wealth Management LLC purchased a new position in shares of Jabil in the fourth quarter valued at about $28,000. Virtus Advisers LLC bought a new position in shares of Jabil in the fourth quarter worth about $32,000. Wilkerson Advisory Group LLC bought a new position in shares of Jabil in the fourth quarter worth about $34,000. Finally, DV Equities LLC purchased a new stake in shares of Jabil during the fourth quarter worth about $34,000. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Insider Activity at Jabil

In related news, EVP Matthew Crowley sold 94 shares of the firm’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $345.00, for a total value of $32,430.00. Following the transaction, the executive vice president owned 57,536 shares of the company’s stock, valued at $19,849,920. This trade represents a 0.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.35% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on JBL. Argus set a $475.00 price target on Jabil in a research note on Thursday, June 18th. Zacks Research downgraded shares of Jabil from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. 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 research note on Thursday, June 18th. Stifel Nicolaus set a $460.00 price target on shares of Jabil and gave the stock a “buy” rating in a research note on Thursday, June 18th. Finally, The Goldman Sachs Group raised 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. One equities 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’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $453.67.

Jabil Stock Performance

NYSE JBL opened at $301.69 on Friday. The company has a market cap of $31.61 billion, a P/E ratio of 37.66, a P/E/G ratio of 0.93 and a beta of 1.30. The business’s 50 day moving average price is $333.51 and its 200-day moving average price is $317.61. 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 quick ratio of 0.66 and a current ratio of 0.98.

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, topping analysts’ consensus estimates of $3.10 by $0.06. The company 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 firm’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period in the prior year, the company 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. Sell-side analysts predict that Jabil, Inc. will post 11.71 earnings per share for the current year.

Jabil Dividend Announcement

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

Jabil 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.