Danske Bank A S Invests $22.67 Million in Jabil, Inc. $JBL

Danske Bank A S bought a new position in shares of Jabil, Inc. (NYSE:JBL) in the 2nd quarter, Holdings Channel reports. The fund bought 58,799 shares of the technology company’s stock, valued at approximately $22,666,000.

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

Insider Activity

In other news, EVP Matthew Crowley sold 94 shares of Jabil stock in a transaction on Monday, July 6th. The stock was sold at an average price of $345.00, for a total value of $32,430.00. Following the transaction, the executive vice president owned 57,536 shares in the company, valued at approximately $19,849,920. This trade represents a 0.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.35% of the company’s stock.

Jabil Stock Performance

Shares of Jabil stock opened at $316.65 on Friday. The company has a 50 day moving average of $341.71 and a 200-day moving average of $315.43. Jabil, Inc. has a 1-year low of $189.60 and a 1-year high of $428.93. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17. The company has a market cap of $33.18 billion, a PE ratio of 39.53, a price-to-earnings-growth ratio of 0.97 and a beta of 1.30.

Jabil (NYSE:JBL) last posted its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.06. The business had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter last year, the business posted $2.55 EPS. 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 forecast that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.

Jabil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Friday, August 14th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis 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%.

Analyst Ratings Changes

A number of research analysts have commented on JBL shares. UBS Group raised Jabil from a “neutral” rating to a “buy” rating and set a $430.00 price objective on the stock in a report on Tuesday, August 11th. Stifel Nicolaus set a $460.00 target price on Jabil and gave the stock a “buy” rating in a report on Thursday, June 18th. Raymond James Financial boosted their target price on shares of Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a research report on Thursday, June 18th. Bank of America restated a “buy” rating and issued a $470.00 price target on shares of Jabil in a research note on Thursday, June 18th. Finally, Barclays raised their price target on shares of Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a research report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $453.67.

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.