Mizuho Markets Americas LLC acquired a new position in Jabil, Inc. (NYSE:JBL – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 55,000 shares of the technology company’s stock, valued at approximately $14,610,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new position in shares of Jabil during the 4th quarter valued at $407,299,000. JPMorgan Chase & Co. increased its stake in Jabil by 45.7% in the 4th quarter. JPMorgan Chase & Co. now owns 1,884,545 shares of the technology company’s stock worth $429,714,000 after buying an additional 591,364 shares in the last quarter. Massachusetts Financial Services Co. MA purchased a new stake in Jabil in the 4th quarter worth $121,710,000. M&T Bank Corp raised its holdings in 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 acquiring an additional 337,090 shares during the period. Finally, Amundi raised its holdings in Jabil by 55.3% during the third quarter. Amundi now owns 704,246 shares of the technology company’s stock valued at $142,399,000 after acquiring an additional 250,626 shares during the period. 93.39% of the stock is currently owned by institutional investors.
Insider Activity at Jabil
In other news, EVP Matthew Crowley sold 94 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $345.00, for a total transaction of $32,430.00. Following the sale, the executive vice president directly owned 57,536 shares of the company’s stock, valued at $19,849,920. This represents a 0.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Gary K. Schick sold 1,000 shares of the stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $340.00, for a total value of $340,000.00. Following the transaction, the senior vice president owned 39,843 shares of the company’s stock, valued at $13,546,620. This represents a 2.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.35% of the stock is owned by corporate insiders.
Jabil Trading Up 1.0%
Jabil (NYSE:JBL – Get Free Report) last posted its 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 company had revenue of $8.75 billion for the quarter, compared to the consensus estimate of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period in the previous year, the business 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. Equities research analysts anticipate that Jabil, Inc. will post 11.71 EPS for the current fiscal year.
Jabil Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders 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 dividend on an annualized basis and a yield of 0.1%. Jabil’s payout ratio is presently 4.00%.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on the company. JPMorgan Chase & Co. boosted their price objective on Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. 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 note on Thursday, June 18th. Stifel Nicolaus set a $460.00 price target on Jabil and gave the stock a “buy” rating in a report on Thursday, June 18th. Barclays boosted their price target on Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a report on Thursday, June 18th. Finally, The Goldman Sachs Group increased 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. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $453.67.
Read Our Latest Stock Analysis on Jabil
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.
Read More
- Five stocks we like better than Jabil
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
Want to see what other hedge funds are holding JBL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jabil, Inc. (NYSE:JBL – Free Report).
Receive News & Ratings for Jabil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jabil and related companies with MarketBeat.com's FREE daily email newsletter.
