Horizon Investment Services LLC Takes $5.26 Million Position in Jabil, Inc. $JBL

Horizon Investment Services LLC acquired a new position in Jabil, Inc. (NYSE:JBL) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 13,646 shares of the technology company’s stock, valued at approximately $5,260,000. Jabil comprises about 1.5% of Horizon Investment Services LLC’s holdings, making the stock its 25th largest holding.

Other large investors have also recently bought and sold shares of the company. Norges Bank bought a new stake in Jabil in the 4th quarter valued at $407,299,000. Bank of New York Mellon Corp bought a new position in shares of Jabil during the 2nd quarter worth about $411,079,000. JPMorgan Chase & Co. increased its holdings in shares of Jabil by 45.7% during the 4th quarter. JPMorgan Chase & Co. now owns 1,884,545 shares of the technology company’s stock worth $429,714,000 after purchasing an additional 591,364 shares during the period. M&T Bank Corp raised its position in shares of Jabil by 2,833.4% during the fourth quarter. M&T Bank Corp now owns 348,987 shares of the technology company’s stock valued at $79,576,000 after buying an additional 337,090 shares during the last quarter. Finally, Amundi lifted its stake in shares of Jabil by 55.3% in the third quarter. Amundi now owns 704,246 shares of the technology company’s stock valued at $142,399,000 after buying an additional 250,626 shares during the period. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

JBL has been the topic of a number of recent research reports. Stifel Nicolaus set a $460.00 target price on Jabil and gave the stock a “buy” rating in a research report on Thursday, June 18th. Bank of America reaffirmed a “buy” rating and issued a $470.00 price target on shares of Jabil in a report on Thursday, June 18th. Barclays lifted their price objective on Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a report on Thursday, June 18th. Zacks Research upgraded Jabil from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 2nd. Finally, Argus set a $475.00 target price on Jabil in a research note on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating and eight have issued a Buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $453.67.

Insider Buying and Selling

In other Jabil news, EVP Matthew Crowley sold 94 shares of the company’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $345.00, for a total value of $32,430.00. Following the sale, the executive vice president directly owned 57,536 shares in the company, valued at $19,849,920. This represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.35% of the stock is currently owned by corporate insiders.

Jabil Stock Performance

NYSE:JBL opened at $363.45 on Monday. Jabil, Inc. has a 12-month low of $189.60 and a 12-month high of $428.93. 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 firm has a market capitalization of $38.09 billion, a PE ratio of 45.37, a price-to-earnings-growth ratio of 1.09 and a beta of 1.30. The firm has a 50-day moving average price of $343.87 and a 200 day moving average price of $312.75.

Jabil (NYSE:JBL) last announced its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.06. The firm had revenue of $8.75 billion during 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 company’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter last year, the company earned $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. Research analysts anticipate that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.

Jabil Dividend Announcement

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

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.