Pacer Advisors Inc. reduced its holdings in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 30.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 311,591 shares of the technology company’s stock after selling 134,485 shares during the period. Pacer Advisors Inc.’s holdings in Jabil were worth $71,049,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of Jabil in the 4th quarter worth about $407,299,000. Arrowstreet Capital Limited Partnership boosted its stake in Jabil by 1,157.8% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,454,915 shares of the technology company’s stock valued at $315,964,000 after purchasing an additional 1,339,247 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in 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 in the last quarter. Massachusetts Financial Services Co. MA bought a new stake in Jabil during the 4th quarter worth approximately $121,710,000. Finally, M&T Bank Corp raised its stake in shares of Jabil by 2,833.4% in the fourth quarter. M&T Bank Corp now owns 348,987 shares of the technology company’s stock worth $79,576,000 after purchasing an additional 337,090 shares during the last quarter. 93.39% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several research analysts recently issued reports on JBL shares. Raymond James Financial lifted their target price on Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a research report on Thursday. Stifel Nicolaus set a $460.00 price target on Jabil and gave the company a “buy” rating in a research report on Thursday. UBS Group raised their price objective on Jabil from $380.00 to $430.00 and gave the company a “neutral” rating in a research note on Thursday. The Goldman Sachs Group lifted their price objective on shares of Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Wall Street Zen lowered shares of Jabil from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 11th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $453.67.
Jabil Trading Down 1.1%
Shares of Jabil stock opened at $371.04 on Friday. The firm has a market cap of $39.14 billion, a PE ratio of 46.32, a P/E/G ratio of 1.76 and a beta of 1.28. Jabil, Inc. has a 1 year low of $189.60 and a 1 year high of $428.93. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.68. The stock has a fifty day moving average price of $347.91 and a 200-day moving average price of $281.84.
Jabil (NYSE:JBL – Get Free Report) last issued its quarterly earnings results 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. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The company had revenue of $8.75 billion for the quarter, compared to the consensus estimate of $8.61 billion. During the same period in the previous year, the firm earned $2.55 EPS. The firm’s quarterly revenue was up 11.8% on a year-over-year basis. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. Equities research analysts anticipate that Jabil, Inc. will post 11.37 EPS for the current year.
Jabil Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Friday, May 15th were given 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 was Friday, May 15th. Jabil’s dividend payout ratio is currently 4.30%.
More Jabil News
Here are the key news stories impacting Jabil this week:
- Positive Sentiment: Jabil beat fiscal Q3 estimates, with revenue of about $8.8 billion and adjusted EPS of $3.16, both above Wall Street expectations, reinforcing confidence in the company’s near-term execution. Article Title
- Positive Sentiment: The company raised its full-year outlook, including FY 2026 EPS guidance of 12.70 and Q4 EPS guidance of 3.80 to 4.20, signaling management expects momentum to continue. Article Title
- Positive Sentiment: Results were helped by strong AI infrastructure and data-center demand, which investors are viewing as an important growth driver for Jabil’s electronics manufacturing business. Article Title
- Positive Sentiment: Analyst sentiment improved after the report, with JPMorgan raising its price target to $450 and Raymond James lifting its target to $450 as well, both implying meaningful upside from recent trading levels. Article Title
- Positive Sentiment: Coverage highlighted Jabil as a beneficiary of the AI “picks-and-shovels” trade, with expectations that growth in data centers, servers, and related infrastructure could keep supporting results. Article Title
Insider Activity
In other news, CEO Michael Dastoor sold 9,467 shares of the firm’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $286.64, for a total transaction of $2,713,620.88. Following the completion of the sale, the chief executive officer owned 253,099 shares in the company, valued at $72,548,297.36. This trade represents a 3.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Andrew Priestley sold 4,000 shares of Jabil stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $301.00, for a total transaction of $1,204,000.00. Following the completion of the sale, the executive vice president directly owned 60,267 shares in the company, valued at $18,140,367. This trade represents a 6.22% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 37,981 shares of company stock worth $11,360,740. 1.35% of the stock is owned by insiders.
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.
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