Wellington Management Group LLP Sells 221,359 Shares of Jabil, Inc. $JBL

Wellington Management Group LLP cut its stake in shares of Jabil, Inc. (NYSE:JBL) by 4.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,299,788 shares of the technology company’s stock after selling 221,359 shares during the period. Wellington Management Group LLP owned about 4.10% of Jabil worth $1,657,482,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of JBL. Archer Investment Corp bought a new stake in shares of Jabil in the second quarter worth $116,000. Kingsview Wealth Management LLC purchased a new stake in Jabil during the second quarter valued at $365,000. Beacon Pointe Advisors LLC bought a new position in Jabil in the second quarter valued at about $1,117,000. Livforsakringsbolaget Skandia Omsesidigt bought a new position in Jabil in the second quarter valued at about $29,485,000. Finally, Rakuten Investment Management Inc. purchased a new position in Jabil in the second quarter worth about $6,446,000. 93.39% of the stock is owned by institutional investors.

Insider Transactions at Jabil

In other Jabil news, EVP Matthew Crowley sold 94 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $345.00, for a total value of $32,430.00. Following the transaction, the executive vice president directly owned 57,536 shares in the company, 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 this hyperlink. 1.35% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on JBL shares. Stifel Nicolaus set a $460.00 price target on shares of Jabil and gave the company a “buy” rating in a research report on Thursday, June 18th. Argus set a $475.00 price objective on shares of Jabil in a report on Thursday, June 18th. Zacks Research lowered shares of Jabil from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. JPMorgan Chase & Co. upped their target price on shares of Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. Finally, Barclays increased their target price on shares of Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $453.67.

Jabil Stock Performance

Shares of Jabil stock opened at $301.69 on Friday. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17. The stock’s fifty day moving average is $333.51 and its two-hundred day moving average is $317.61. Jabil, Inc. has a 52 week low of $189.60 and a 52 week high of $428.93. The company has a market capitalization of $31.61 billion, a PE ratio of 37.66, a price-to-earnings-growth ratio of 0.93 and a beta of 1.30.

Jabil (NYSE:JBL) last released its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, topping the consensus estimate of $3.10 by $0.06. The business had revenue of $8.75 billion during 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 business’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period last year, the company 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. As a group, analysts expect that Jabil, Inc. will post 11.71 earnings per share for the current year.

Jabil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Friday, August 14th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Friday, August 14th. Jabil’s payout ratio is 4.00%.

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.