Jabil, Inc. $JBL Shares Bought by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. raised its position in Jabil, Inc. (NYSE:JBLFree Report) by 13.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 89,190 shares of the technology company’s stock after purchasing an additional 10,424 shares during the period. Nomura Asset Management Co. Ltd. owned 0.08% of Jabil worth $19,452,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of JBL. Ashton Thomas Private Wealth LLC grew its stake in shares of Jabil by 1.2% during the second quarter. Ashton Thomas Private Wealth LLC now owns 4,120 shares of the technology company’s stock worth $899,000 after purchasing an additional 48 shares in the last quarter. Assetmark Inc. lifted its holdings in Jabil by 45.8% during the 2nd quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock worth $34,000 after buying an additional 49 shares during the last quarter. Hantz Financial Services Inc. boosted its position in shares of Jabil by 45.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 189 shares of the technology company’s stock worth $41,000 after acquiring an additional 59 shares in the last quarter. Mather Group LLC. increased its holdings in shares of Jabil by 5.4% in the 2nd quarter. Mather Group LLC. now owns 1,186 shares of the technology company’s stock valued at $259,000 after acquiring an additional 61 shares during the last quarter. Finally, UMB Bank n.a. increased its holdings in shares of Jabil by 2.9% in the 2nd quarter. UMB Bank n.a. now owns 2,191 shares of the technology company’s stock valued at $478,000 after acquiring an additional 62 shares during the last quarter. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on JBL. Raymond James Financial set a $260.00 price target on Jabil in a report on Thursday, September 25th. Wall Street Zen upgraded shares of Jabil from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 3rd. Barclays upped their target price on shares of Jabil from $223.00 to $267.00 and gave the company an “overweight” rating in a report on Friday, September 26th. UBS Group set a $241.00 target price on shares of Jabil in a research report on Sunday, September 28th. Finally, Zacks Research cut shares of Jabil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $248.43.

Check Out Our Latest Stock Report on JBL

Jabil Stock Performance

Shares of Jabil stock opened at $198.93 on Wednesday. The firm’s fifty day simple moving average is $211.86 and its 200-day simple moving average is $203.94. Jabil, Inc. has a 12 month low of $108.66 and a 12 month high of $237.14. The stock has a market capitalization of $21.25 billion, a price-to-earnings ratio of 33.38, a PEG ratio of 1.58 and a beta of 1.26. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 0.66.

Jabil (NYSE:JBLGet Free Report) last issued its quarterly earnings results on Thursday, September 25th. The technology company reported $3.29 earnings per share for the quarter, topping analysts’ consensus estimates of $2.92 by $0.37. The firm had revenue of $8.25 billion during the quarter, compared to analysts’ expectations of $7.63 billion. Jabil had a net margin of 2.20% and a return on equity of 68.63%. Jabil’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.30 EPS. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. As a group, equities analysts forecast that Jabil, Inc. will post 8.05 earnings per share for the current year.

Jabil Dividend Announcement

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

Insider Activity

In other Jabil news, SVP Francis Mckay sold 2,526 shares of the stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $224.47, for a total transaction of $567,011.22. Following the completion of the sale, the senior vice president directly owned 40,963 shares of the company’s stock, valued at approximately $9,194,964.61. This trade represents a 5.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP May Yee Yap sold 8,858 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $225.03, for a total value of $1,993,315.74. Following the completion of the transaction, the senior vice president directly owned 25,421 shares in the company, valued at approximately $5,720,487.63. The trade was a 25.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 131,762 shares of company stock worth $27,886,321 over the last quarter. 1.73% of the stock is owned by insiders.

Jabil Company Profile

(Free Report)

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).

Further Reading

Institutional Ownership by Quarter for Jabil (NYSE:JBL)

Receive News & Ratings for Jabil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jabil and related companies with MarketBeat.com's FREE daily email newsletter.