JB Capital Partners LP Makes New $1.04 Billion Investment in ScanSource, Inc. $SCSC

JB Capital Partners LP acquired a new stake in ScanSource, Inc. (NASDAQ:SCSC) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 20,000 shares of the industrial products company’s stock, valued at approximately $1,041,800,000. JB Capital Partners LP owned 0.10% of ScanSource at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SCSC. Canada Pension Plan Investment Board acquired a new stake in shares of ScanSource during the second quarter worth about $25,000. Royal Bank of Canada lifted its holdings in ScanSource by 165.0% during the 4th quarter. Royal Bank of Canada now owns 1,876 shares of the industrial products company’s stock worth $73,000 after buying an additional 1,168 shares in the last quarter. Osaic Holdings Inc. boosted its position in ScanSource by 400.5% in the 2nd quarter. Osaic Holdings Inc. now owns 2,087 shares of the industrial products company’s stock valued at $87,000 after buying an additional 1,670 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of ScanSource in the second quarter worth $134,000. Finally, Tower Research Capital LLC TRC increased its position in shares of ScanSource by 672.0% during the second quarter. Tower Research Capital LLC TRC now owns 4,632 shares of the industrial products company’s stock worth $194,000 after acquiring an additional 4,032 shares during the period. 97.91% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting ScanSource

Here are the key news stories impacting ScanSource this week:

• Positive Sentiment: Quarterly results exceeded expectations. ScanSource reported fourth-quarter revenue of $953.1 million, up 17.3% year over year and well above the approximately $814 million consensus estimate. Adjusted EPS was $1.46 versus analysts’ $1.14 expectation, while GAAP diluted EPS rose to $1.24 from $0.88 a year earlier. ScanSource Q4 Earnings and Revenues Top Estimates
• Positive Sentiment: MicroAge acquisition expands growth opportunities. ScanSource agreed to acquire Canadian IT solutions integrator MicroAge for $220.5 million in cash. The transaction is intended to strengthen its cloud, cybersecurity and managed IT capabilities, with closing expected by September 30, subject to approvals. ScanSource to Acquire MicroAge in $220.5 Million Deal
• Positive Sentiment: Fiscal 2027 outlook topped revenue expectations. Management projects 6%–10% revenue growth, implying approximately $3.4 billion–$3.5 billion in sales versus consensus near $3.2 billion. It also expects adjusted EBITDA of $158 million–$165 million and at least $85 million of free cash flow, supporting the investment case if execution remains strong. ScanSource Outlines FY 2027 Revenue Growth
• Neutral Sentiment: Investors are weighing integration risk. The acquisition could broaden ScanSource’s addressable market, but its benefits depend on completing the deal and integrating MicroAge while maintaining margins and free-cash-flow targets. The stock’s pullback after its earlier surge may reflect profit-taking and caution after the strong announcement-driven advance.
• Negative Sentiment: Recent insider activity provides a modest overhang. CEO Michael Baur reportedly sold 25,000 shares over the past six months, with no insider purchases reported during that period. These sales are not necessarily tied to the latest results but may temper sentiment at elevated valuation levels. ScanSource Stock Opinions on Strong Earnings and MicroAge Acquisition

ScanSource Stock Performance

NASDAQ:SCSC opened at $54.35 on Friday. The firm has a market capitalization of $1.10 billion, a PE ratio of 14.85, a price-to-earnings-growth ratio of 0.88 and a beta of 1.28. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.76 and a quick ratio of 1.20. The business’s fifty day moving average price is $53.14 and its 200 day moving average price is $44.55. ScanSource, Inc. has a 12 month low of $33.76 and a 12 month high of $66.78.

ScanSource (NASDAQ:SCSC) last released its quarterly earnings data on Thursday, August 20th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.32. ScanSource had a return on equity of 10.10% and a net margin of 2.44%.The business had revenue of $953.11 million during the quarter, compared to analysts’ expectations of $814.35 million. During the same period in the prior year, the firm posted $1.02 EPS. The business’s quarterly revenue was up 17.3% compared to the same quarter last year. On average, sell-side analysts anticipate that ScanSource, Inc. will post 4.3 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Northcoast Research lowered ScanSource from a “buy” rating to a “neutral” rating in a report on Monday, August 17th. Weiss Ratings raised ScanSource from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, May 29th. Finally, Wall Street Zen raised ScanSource from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Four analysts have rated the stock with a Hold rating, Based on data from MarketBeat, ScanSource currently has a consensus rating of “Hold” and an average price target of $43.00.

About ScanSource

ScanSource, Inc is a global provider of technology products and solutions designed to help businesses enhance operational efficiency and customer engagement. The company specializes in the distribution of point-of-sale (POS) systems, barcode and data capture devices, networking and communications equipment, and value-added software and cloud services. By combining hardware, software and professional services, ScanSource supports channel partners in delivering end-to-end solutions across multiple industries, including retail, hospitality, healthcare and logistics.

Founded in 1992 and headquartered in Greenville, South Carolina, ScanSource has built a broad international footprint, serving customers throughout North, Central and South America as well as Europe, the Middle East and Africa.