Dynamic Technology Lab Private Ltd lifted its position in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 106.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,099 shares of the technology company’s stock after acquiring an additional 4,700 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Jabil were worth $1,985,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of JBL. Wellington Management Group LLP boosted its stake in shares of Jabil by 12.9% during the first quarter. Wellington Management Group LLP now owns 6,556,153 shares of the technology company’s stock valued at $892,096,000 after purchasing an additional 747,423 shares in the last quarter. Primecap Management Co. CA raised its holdings in Jabil by 0.7% in the 2nd quarter. Primecap Management Co. CA now owns 3,410,410 shares of the technology company’s stock valued at $743,810,000 after buying an additional 24,650 shares during the last quarter. Geode Capital Management LLC raised its holdings in Jabil by 2.3% in the 2nd quarter. Geode Capital Management LLC now owns 2,893,485 shares of the technology company’s stock valued at $628,519,000 after buying an additional 65,949 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Jabil by 15.7% during the 1st quarter. JPMorgan Chase & Co. now owns 2,173,095 shares of the technology company’s stock worth $295,693,000 after buying an additional 295,496 shares during the period. Finally, Boston Partners grew its holdings in Jabil by 223.9% during the 2nd quarter. Boston Partners now owns 1,896,010 shares of the technology company’s stock worth $413,537,000 after acquiring an additional 1,310,667 shares during the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on JBL shares. Raymond James Financial set a $260.00 price target on shares of Jabil in a report on Thursday, September 25th. Zacks Research downgraded Jabil from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 26th. Bank of America increased their price target on Jabil from $245.00 to $255.00 and gave the company a “buy” rating in a research note on Friday, September 26th. Barclays raised their price objective on Jabil from $223.00 to $267.00 and gave the stock an “overweight” rating in a research report on Friday, September 26th. Finally, Wall Street Zen upgraded Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $248.43.
Jabil Stock Up 0.7%
Shares of NYSE:JBL opened at $200.34 on Thursday. Jabil, Inc. has a 1 year low of $108.66 and a 1 year 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 business’s 50-day moving average is $211.55 and its 200-day moving average is $203.92. The company has a market capitalization of $21.40 billion, a price-to-earnings ratio of 33.61, a P/E/G ratio of 1.58 and a beta of 1.26.
Jabil (NYSE:JBL – Get Free Report) last released its earnings results on Thursday, September 25th. The technology company reported $3.29 EPS for the quarter, topping the consensus estimate of $2.92 by $0.37. Jabil had a return on equity of 68.63% and a net margin of 2.20%.The business had revenue of $8.25 billion during the quarter, compared to analysts’ expectations of $7.63 billion. During the same quarter last year, the firm posted $2.30 earnings per share. The firm’s revenue was up 18.5% on a year-over-year basis. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. Equities research analysts predict that Jabil, Inc. will post 8.05 earnings per share for the current year.
Jabil Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Monday, November 17th will be given 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 payout ratio is presently 5.37%.
Insider Buying and Selling at Jabil
In other news, EVP Kristine Melachrino sold 6,579 shares of Jabil stock in a transaction dated Friday, October 24th. The shares were sold at an average price of $213.40, for a total transaction of $1,403,958.60. Following the completion of the transaction, the executive vice president directly owned 33,718 shares in the company, valued at $7,195,421.20. This trade represents a 16.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Mark T. Mondello sold 40,000 shares of the 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 completion of the sale, the chairman owned 1,258,942 shares of the company’s stock, valued at approximately $261,570,379.34. This trade represents a 3.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 131,762 shares of company stock valued at $27,886,321 over the last 90 days. 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).
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