Primecap Management Co. CA Has $723.41 Million Stock Position in Jabil, Inc. $JBL

Primecap Management Co. CA lessened its position in shares of Jabil, Inc. (NYSE:JBL) by 2.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,331,070 shares of the technology company’s stock after selling 79,340 shares during the quarter. Primecap Management Co. CA owned approximately 3.12% of Jabil worth $723,408,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Norges Bank acquired a new stake in Jabil during the second quarter worth $323,338,000. Boston Partners lifted its holdings 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 worth $414,119,000 after acquiring an additional 1,313,338 shares during the period. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Jabil by 107.2% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,319,675 shares of the technology company’s stock worth $286,594,000 after acquiring an additional 682,899 shares during the period. Allianz Asset Management GmbH boosted its position in shares of Jabil by 180.1% during the 3rd quarter. Allianz Asset Management GmbH now owns 758,326 shares of the technology company’s stock valued at $164,686,000 after acquiring an additional 487,595 shares in the last quarter. Finally, Amundi increased its stake in Jabil by 103.2% in the second quarter. Amundi now owns 453,620 shares of the technology company’s stock valued at $100,654,000 after acquiring an additional 230,422 shares during the period. 93.39% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Michael Dastoor sold 15,000 shares of Jabil stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $246.91, for a total transaction of $3,703,650.00. Following the completion of the transaction, the chief executive officer directly owned 262,566 shares in the company, valued at approximately $64,830,171.06. The trade was a 5.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman Mark T. Mondello sold 50,000 shares of the company’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $225.32, for a total transaction of $11,266,000.00. Following the completion of the transaction, the chairman owned 1,171,459 shares in the company, valued at approximately $263,953,141.88. This represents a 4.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 181,529 shares of company stock valued at $42,145,485 in the last ninety days. Corporate insiders own 1.35% of the company’s stock.

Jabil Stock Up 4.3%

JBL stock opened at $277.75 on Thursday. 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 stock has a market capitalization of $29.33 billion, a P/E ratio of 43.20, a P/E/G ratio of 1.70 and a beta of 1.24. Jabil, Inc. has a fifty-two week low of $108.66 and a fifty-two week high of $281.22. The business has a 50-day moving average of $243.80 and a 200-day moving average of $223.04.

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

Jabil Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Zacks Research downgraded Jabil from a “strong-buy” rating to a “hold” rating in a report on Monday, February 16th. Raymond James Financial restated a “strong-buy” rating on shares of Jabil in a research report on Thursday, December 18th. Wall Street Zen downgraded Jabil from a “strong-buy” rating to a “buy” rating in a research report on Monday. Barclays raised their price objective on shares of Jabil from $267.00 to $283.00 and gave the company an “overweight” rating in a research note on Thursday, December 18th. Finally, UBS Group boosted their target price on Jabil from $239.00 to $244.00 and gave the stock a “neutral” rating in a research report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $264.14.

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.