Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 11.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 208,350 shares of the technology company’s stock after acquiring an additional 21,725 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.19% of Jabil worth $45,441,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Aviva PLC lifted its holdings in shares of Jabil by 3.1% in the 2nd quarter. Aviva PLC now owns 76,204 shares of the technology company’s stock valued at $16,620,000 after purchasing an additional 2,325 shares during the last quarter. AGF Management Ltd. increased its position in Jabil by 1,721.1% during the second quarter. AGF Management Ltd. now owns 67,053 shares of the technology company’s stock worth $14,624,000 after buying an additional 63,371 shares during the period. Paradigm Asset Management Co. LLC purchased a new stake in Jabil in the second quarter valued at approximately $371,000. Achmea Investment Management B.V. boosted its holdings in shares of Jabil by 760.5% in the second quarter. Achmea Investment Management B.V. now owns 118,150 shares of the technology company’s stock valued at $25,768,000 after acquiring an additional 104,419 shares during the period. Finally, Resona Asset Management Co. Ltd. grew its position in shares of Jabil by 2.4% during the second quarter. Resona Asset Management Co. Ltd. now owns 35,497 shares of the technology company’s stock worth $7,738,000 after acquiring an additional 844 shares during the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.
Analyst Ratings Changes
A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. increased their price target on shares of Jabil from $214.00 to $256.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Bank of America raised their price target on Jabil from $245.00 to $255.00 and gave the stock a “buy” rating in a report on Friday, September 26th. Raymond James Financial set a $260.00 price objective on Jabil in a research note on Thursday, September 25th. Zacks Research downgraded Jabil from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 26th. Finally, Wall Street Zen raised Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Jabil has an average rating of “Moderate Buy” and a consensus price target of $248.43.
Jabil Price Performance
Shares of NYSE:JBL opened at $219.46 on Tuesday. Jabil, Inc. has a 52 week low of $108.66 and a 52 week high of $237.14. The company has a 50-day moving average price of $212.12 and a 200 day moving average price of $201.53. The company has a market cap of $23.45 billion, a P/E ratio of 36.82, a PEG ratio of 1.58 and a beta of 1.26. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 1.57.
Jabil (NYSE:JBL – Get Free Report) last released its earnings results on Thursday, September 25th. The technology company reported $1.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by ($0.93). The business had revenue of $8.30 billion for the quarter, compared to analyst estimates of $7.63 billion. Jabil had a return on equity of 68.63% and a net margin of 2.20%.The business’s revenue for the quarter was up 18.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.30 EPS. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. Research analysts predict that Jabil, Inc. will post 8.05 earnings per share for the current year.
Jabil Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th will be given a $0.08 dividend. The ex-dividend date is Monday, November 17th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s dividend payout ratio is presently 5.37%.
Insider Buying and Selling
In related news, SVP Gary K. Schick sold 453 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $220.69, for a total transaction of $99,972.57. Following the sale, the senior vice president owned 42,208 shares of the company’s stock, valued at approximately $9,314,883.52. The trade was a 1.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Gregory B. Hebard sold 6,086 shares of the stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $213.54, for a total transaction of $1,299,604.44. Following the completion of the transaction, the chief financial officer directly owned 58,526 shares of the company’s stock, valued at approximately $12,497,642.04. This trade represents a 9.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 131,762 shares of company stock valued at $27,886,321 in the last quarter. Corporate insiders own 1.73% of the company’s stock.
Jabil Company Profile
Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).
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