Mufg Securities Americas Inc. raised its holdings in Jabil, Inc. (NYSE:JBL – Free Report) by 22.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,379 shares of the technology company’s stock after purchasing an additional 440 shares during the quarter. Mufg Securities Americas Inc.’s holdings in Jabil were worth $519,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the business. Ashton Thomas Private Wealth LLC boosted its stake in Jabil by 1.2% in the second quarter. Ashton Thomas Private Wealth LLC now owns 4,120 shares of the technology company’s stock valued at $899,000 after buying an additional 48 shares in the last quarter. Assetmark Inc. grew its holdings in shares of Jabil by 45.8% during the 2nd quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock valued at $34,000 after purchasing an additional 49 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in Jabil by 45.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 189 shares of the technology company’s stock valued at $41,000 after purchasing an additional 59 shares during the last quarter. Mather Group LLC. boosted its position in Jabil by 5.4% in the second quarter. Mather Group LLC. now owns 1,186 shares of the technology company’s stock valued at $259,000 after buying an additional 61 shares in the last quarter. Finally, UMB Bank n.a. grew its stake in shares of Jabil by 2.9% during the second quarter. UMB Bank n.a. now owns 2,191 shares of the technology company’s stock worth $478,000 after buying an additional 62 shares during the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on the company. Bank of America raised their price objective on Jabil from $245.00 to $255.00 and gave the company a “buy” rating in a report on Friday, September 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Jabil in a research note on Tuesday, October 14th. Wall Street Zen upgraded Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. Barclays raised their price objective on shares of Jabil from $223.00 to $267.00 and gave the company an “overweight” rating in a report on Friday, September 26th. Finally, Raymond James Financial set a $260.00 target price on shares of Jabil in a report on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Jabil has a consensus rating of “Moderate Buy” and an average target price of $248.43.
Jabil Trading Up 0.1%
JBL opened at $196.94 on Tuesday. Jabil, Inc. has a twelve month low of $108.66 and a twelve month high of $237.14. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 1.57. The company has a fifty day moving average of $210.38 and a 200-day moving average of $205.20. The stock has a market cap of $21.04 billion, a PE ratio of 33.04, a price-to-earnings-growth ratio of 1.58 and a beta of 1.26.
Jabil (NYSE:JBL – Get Free Report) last issued its quarterly earnings results on Thursday, September 25th. The technology company reported $3.29 EPS for the quarter, beating analysts’ consensus estimates of $2.92 by $0.37. Jabil had a net margin of 2.20% and a return on equity of 68.63%. The business had revenue of $8.25 billion for the quarter, compared to analysts’ expectations of $7.63 billion. During the same quarter in the prior year, the firm posted $2.30 earnings per share. The business’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 predict that Jabil, Inc. will post 8.05 EPS for the current year.
Jabil Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Monday, November 17th. Jabil’s payout ratio is presently 5.37%.
Insider Transactions at Jabil
In related news, EVP Matthew Crowley sold 3,877 shares of the stock in a transaction on Tuesday, October 21st. The shares were sold at an average price of $202.59, for a total transaction of $785,441.43. Following the transaction, the executive vice president directly owned 58,736 shares of the company’s stock, valued at $11,899,326.24. This represents a 6.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Mark T. Mondello sold 40,000 shares of Jabil stock in a transaction on 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 directly 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 131,762 shares of company stock valued at $27,886,321. 1.73% of the stock is owned by insiders.
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).
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