Jabil, Inc. $JBL Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company lessened its stake in Jabil, Inc. (NYSE:JBL) by 3.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 59,695 shares of the technology company’s stock after selling 2,418 shares during the period. The Manufacturers Life Insurance Company owned about 0.06% of Jabil worth $15,857,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in JBL. Empirical Finance LLC lifted its stake in shares of Jabil by 0.6% in the 1st quarter. Empirical Finance LLC now owns 5,405 shares of the technology company’s stock valued at $1,436,000 after purchasing an additional 31 shares during the period. Assetmark Inc. grew its position in Jabil by 10.6% during the first quarter. Assetmark Inc. now owns 344 shares of the technology company’s stock valued at $91,000 after buying an additional 33 shares during the period. PenderFund Capital Management Ltd. increased its holdings in Jabil by 3.3% in the fourth quarter. PenderFund Capital Management Ltd. now owns 1,257 shares of the technology company’s stock valued at $287,000 after buying an additional 40 shares in the last quarter. Root Financial Partners LLC raised its position in shares of Jabil by 11.1% in the first quarter. Root Financial Partners LLC now owns 432 shares of the technology company’s stock worth $115,000 after acquiring an additional 43 shares during the period. Finally, Cidel Asset Management Inc. raised its position in shares of Jabil by 4.8% in the first quarter. Cidel Asset Management Inc. now owns 991 shares of the technology company’s stock worth $263,000 after acquiring an additional 45 shares during the period. Institutional investors and hedge funds own 93.39% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Argus set a $475.00 target price on Jabil in a research report on Thursday, June 18th. Stifel Nicolaus set a $460.00 price target on Jabil and gave the stock a “buy” rating in a research report on Thursday, June 18th. JPMorgan Chase & Co. raised their price objective on Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. Zacks Research raised Jabil from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 2nd. Finally, Raymond James Financial increased their target price on Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a research report on Thursday, June 18th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Jabil currently has a consensus rating of “Buy” and a consensus price target of $453.67.

Insiders Place Their Bets

In related news, EVP Matthew Crowley sold 94 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $345.00, for a total transaction of $32,430.00. Following the completion of the sale, the executive vice president owned 57,536 shares of the company’s stock, valued at approximately $19,849,920. This represents a 0.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.35% of the company’s stock.

Jabil Stock Performance

Shares of NYSE:JBL opened at $314.49 on Friday. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66. Jabil, Inc. has a 1 year low of $189.60 and a 1 year high of $428.93. The firm has a market capitalization of $32.96 billion, a PE ratio of 39.26, a P/E/G ratio of 0.94 and a beta of 1.28. The business’s 50 day moving average price is $347.90 and its 200-day moving average price is $305.09.

Jabil (NYSE:JBL) last posted its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, beating the consensus estimate of $3.10 by $0.06. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The firm had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. During the same period in the prior year, the company earned $2.55 EPS. The firm’s revenue was up 11.8% compared to the same quarter last year. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. As a group, equities research analysts expect that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.

Jabil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, August 14th. Jabil’s dividend payout ratio (DPR) is currently 4.00%.

Jabil Profile

Jabil Inc (NYSE: JBL) is a global manufacturing solutions provider specializing in electronic manufacturing services (EMS) and diversified products across a wide range of industries. The company partners with original equipment manufacturers to deliver design engineering, supply chain management, precision manufacturing, and aftermarket services. Jabil’s expertise spans sectors such as healthcare, automotive, clean technology, telecommunications, consumer electronics, and packaging, enabling it to support both high-volume production and complex, mission-critical applications.

Founded in 1966 by William E.