Jabil, Inc. $JBL Shares Acquired by Vestcor Inc

Vestcor Inc increased its stake in Jabil, Inc. (NYSE:JBL) by 99.3% in the third quarter, HoldingsChannel.com reports. The firm owned 4,452 shares of the technology company’s stock after acquiring an additional 2,218 shares during the quarter. Vestcor Inc’s holdings in Jabil were worth $967,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in JBL. Primecap Management Co. CA grew its position in Jabil by 0.7% during the second quarter. Primecap Management Co. CA now owns 3,410,410 shares of the technology company’s stock worth $743,810,000 after buying an additional 24,650 shares during the period. Geode Capital Management LLC increased its holdings in Jabil by 2.3% in the second quarter. Geode Capital Management LLC now owns 2,893,485 shares of the technology company’s stock valued at $628,519,000 after buying an additional 65,949 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Jabil by 5.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,302,307 shares of the technology company’s stock valued at $502,133,000 after acquiring an additional 129,212 shares during the period. Boston Partners lifted its position in shares of Jabil by 224.4% during the 2nd quarter. Boston Partners now owns 1,898,681 shares of the technology company’s stock valued at $414,119,000 after acquiring an additional 1,313,338 shares during the period. Finally, Norges Bank purchased a new stake in shares of Jabil during the 2nd quarter worth approximately $323,338,000. Institutional investors and hedge funds own 93.39% of the company’s stock.

Insider Activity at Jabil

In related news, Director Anousheh Ansari sold 500 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $252.00, for a total transaction of $126,000.00. Following the sale, the director owned 33,900 shares in the company, valued at approximately $8,542,800. This trade represents a 1.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Gary K. Schick sold 422 shares of Jabil stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $243.77, for a total transaction of $102,870.94. Following the completion of the sale, the senior vice president directly owned 41,843 shares of the company’s stock, valued at $10,200,068.11. The trade was a 1.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 161,529 shares of company stock worth $37,901,485 over the last three months. Company insiders own 1.35% of the company’s stock.

Jabil Price Performance

Jabil stock traded down $1.22 during mid-day trading on Friday, hitting $250.92. 123,846 shares of the company were exchanged, compared to its average volume of 1,117,268. The company has a debt-to-equity ratio of 1.77, a current ratio of 0.99 and a quick ratio of 0.67. The business’s 50 day simple moving average is $249.25 and its two-hundred day simple moving average is $226.09. The company has a market capitalization of $26.50 billion, a P/E ratio of 39.02, a PEG ratio of 1.63 and a beta of 1.22. Jabil, Inc. has a 12-month low of $108.66 and a 12-month high of $281.37.

Jabil (NYSE:JBL) last issued its quarterly earnings data on Wednesday, December 17th. The technology company reported $2.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.70 by $0.15. The business had revenue of $8.31 billion for the quarter, compared to the consensus estimate of $8.07 billion. Jabil had a return on equity of 75.96% and a net margin of 2.26%.The business’s revenue was up 18.7% on a year-over-year basis. During the same period in the prior year, the business earned $2.00 earnings per share. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS. Analysts forecast that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.

Jabil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 17th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Tuesday, February 17th. Jabil’s dividend payout ratio (DPR) is currently 4.98%.

Analysts Set New Price Targets

Several research firms recently weighed in on JBL. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a research note on Friday, January 9th. JPMorgan Chase & Co. boosted their target price on Jabil from $270.00 to $300.00 and gave the stock an “overweight” rating in a research report on Thursday. Bank of America set a $265.00 target price on Jabil in a report on Thursday, December 18th. Wall Street Zen cut Jabil from a “strong-buy” rating to a “buy” rating in a research report on Monday, February 23rd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $282.00 price target on shares of Jabil in a research note on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $270.50.

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.