Securian Asset Management Inc. Decreases Holdings in Jabil, Inc. $JBL

Securian Asset Management Inc. decreased its position in shares of Jabil, Inc. (NYSE:JBL) by 3.5% during the 2nd quarter, Holdings Channel.com reports. The fund owned 5,578 shares of the technology company’s stock after selling 200 shares during the period. Securian Asset Management Inc.’s holdings in Jabil were worth $1,217,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Demars Financial Group LLC purchased a new stake in Jabil in the 2nd quarter valued at approximately $243,000. Cidel Asset Management Inc. purchased a new stake in Jabil in the 2nd quarter valued at approximately $244,000. Chicago Partners Investment Group LLC lifted its stake in Jabil by 16.3% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 2,314 shares of the technology company’s stock valued at $530,000 after buying an additional 325 shares in the last quarter. Foster & Motley Inc. lifted its stake in Jabil by 9.0% in the 2nd quarter. Foster & Motley Inc. now owns 60,746 shares of the technology company’s stock valued at $13,249,000 after buying an additional 4,991 shares in the last quarter. Finally, Stratos Wealth Partners LTD. purchased a new stake in Jabil in the 2nd quarter valued at approximately $240,000. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on JBL shares. Barclays upped their target price on Jabil from $223.00 to $267.00 and gave the company an “overweight” rating in a research note on Friday, September 26th. Stifel Nicolaus started coverage on Jabil in a research note on Wednesday, July 2nd. They issued a “buy” rating and a $245.00 target price on the stock. UBS Group set a $241.00 target price on Jabil in a research note on Sunday, September 28th. JPMorgan Chase & Co. increased their price target on Jabil from $214.00 to $256.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Finally, Wall Street Zen raised Jabil from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 3rd. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $248.43.

Jabil Trading Up 3.9%

Shares of Jabil stock opened at $206.46 on Friday. Jabil, Inc. has a fifty-two week low of $108.66 and a fifty-two week high of $237.14. The firm has a market cap of $22.06 billion, a PE ratio of 34.64, a P/E/G ratio of 1.41 and a beta of 1.26. The business’s fifty day moving average is $210.14 and its two-hundred day moving average is $193.23. 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) last released its quarterly earnings data on Thursday, September 25th. The technology company reported $1.99 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.93). The firm 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 company’s quarterly revenue was up 18.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.30 earnings per share. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. Analysts anticipate that Jabil, Inc. will post 8.05 earnings per share for the current year.

Jabil Dividend Announcement

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

Insiders Place Their Bets

In other news, Chairman Mark T. Mondello sold 40,000 shares of the company’s stock in a transaction on Friday, October 17th. The stock was sold at an average price of $207.77, for a total transaction of $8,310,800.00. Following the completion of 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 position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Matthew Crowley sold 3,877 shares of the company’s stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $202.59, for a total value of $785,441.43. Following the sale, the executive vice president owned 58,736 shares of the company’s stock, valued at approximately $11,899,326.24. The trade was a 6.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 106,533 shares of company stock valued at $22,336,025. 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).