Ethic Inc. Grows Position in Jabil, Inc. $JBL

Ethic Inc. raised its holdings in shares of Jabil, Inc. (NYSE:JBL) by 15.8% in the second quarter, Holdings Channel.com reports. The institutional investor owned 21,495 shares of the technology company’s stock after purchasing an additional 2,937 shares during the quarter. Ethic Inc.’s holdings in Jabil were worth $4,672,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Wellington Management Group LLP boosted its position in shares of Jabil by 12.9% during the 1st quarter. Wellington Management Group LLP now owns 6,556,153 shares of the technology company’s stock valued at $892,096,000 after acquiring an additional 747,423 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Jabil by 15.7% during the 1st quarter. JPMorgan Chase & Co. now owns 2,173,095 shares of the technology company’s stock valued at $295,693,000 after acquiring an additional 295,496 shares during the last quarter. Northern Trust Corp boosted its position in shares of Jabil by 8.3% during the 1st quarter. Northern Trust Corp now owns 1,384,364 shares of the technology company’s stock valued at $188,370,000 after acquiring an additional 105,632 shares during the last quarter. Jacobs Levy Equity Management Inc. boosted its position in shares of Jabil by 119.9% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,215,678 shares of the technology company’s stock valued at $165,417,000 after acquiring an additional 662,938 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Jabil by 3.4% during the 1st quarter. Bank of New York Mellon Corp now owns 1,118,282 shares of the technology company’s stock valued at $152,165,000 after acquiring an additional 37,201 shares during the last quarter. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Jabil Trading Up 3.9%

NYSE JBL opened at $206.46 on Friday. The firm’s 50-day moving average is $210.14 and its two-hundred day moving average is $193.23. Jabil, Inc. has a 12 month low of $108.66 and a 12 month high of $237.14. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 0.66. The stock has a market capitalization of $22.06 billion, a P/E ratio of 34.64, a PEG ratio of 1.41 and a beta of 1.26.

Jabil (NYSE:JBL) last posted its earnings results on Thursday, September 25th. The technology company reported $1.99 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.93). Jabil had a net margin of 2.20% and a return on equity of 68.63%. The company had revenue of $8.30 billion during the quarter, compared to analyst estimates of $7.63 billion. During the same period in the previous year, the company earned $2.30 EPS. The company’s quarterly revenue was up 18.5% compared to the same quarter last year. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. On average, sell-side analysts anticipate that Jabil, Inc. will post 8.05 earnings per share for the current year.

Jabil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th will be paid a dividend of $0.08 per share. The ex-dividend date is Monday, November 17th. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. Jabil’s dividend payout ratio is 5.37%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Raymond James Financial set a $260.00 price target on shares of Jabil in a research report on Thursday, September 25th. Bank of America boosted their price target on shares of Jabil from $245.00 to $255.00 and gave the company a “buy” rating in a research report on Friday, September 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Jabil in a research report on Tuesday, October 14th. JPMorgan Chase & Co. boosted their price target on shares of Jabil from $214.00 to $256.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Finally, Stifel Nicolaus assumed coverage on shares of Jabil in a research report on Wednesday, July 2nd. They issued a “buy” rating and a $245.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Jabil presently has a consensus rating of “Moderate Buy” and a consensus target price of $248.43.

Insider Transactions at Jabil

In other Jabil news, Chairman Mark T. Mondello sold 40,000 shares of the business’s stock in a transaction dated Friday, October 17th. The shares were sold at an average price of $207.77, for a total transaction of $8,310,800.00. Following the sale, the chairman directly owned 1,258,942 shares in the company, valued at $261,570,379.34. This represents a 3.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Matthew Crowley sold 3,877 shares of the business’s stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $202.59, for a total transaction of $785,441.43. Following the sale, the executive vice president owned 58,736 shares in the company, valued at $11,899,326.24. This trade represents a 6.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 106,533 shares of company stock worth $22,336,025 over the last quarter. Insiders own 1.73% of the company’s stock.

Jabil 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).