17,256 Shares in Jabil, Inc. $JBL Purchased by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. purchased a new stake in shares of Jabil, Inc. (NYSE:JBL) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 17,256 shares of the technology company’s stock, valued at approximately $6,446,000.

Other institutional investors have also added to or reduced their stakes in the company. Rakuten Securities Inc. purchased a new stake in shares of Jabil during the 2nd quarter worth approximately $25,000. Greenline Wealth Management LLC bought a new position in shares of Jabil during the 4th quarter valued at approximately $28,000. Virtus Advisers LLC purchased a new position in shares of Jabil in the fourth quarter valued at $32,000. DV Equities LLC bought a new stake in Jabil in the fourth quarter worth $34,000. Finally, Wilkerson Advisory Group LLC purchased a new stake in Jabil during the fourth quarter valued at $34,000. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Insider Buying and Selling at Jabil

In other news, EVP Matthew Crowley sold 94 shares of the firm’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $345.00, for a total value of $32,430.00. Following the completion of the transaction, the executive vice president directly owned 57,536 shares in the company, valued at $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 1.35% of the company’s stock.

Jabil Price Performance

Shares of JBL stock opened at $301.69 on Friday. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98. The stock has a 50 day moving average price of $333.51 and a 200 day moving average price of $317.61. Jabil, Inc. has a 52-week low of $189.60 and a 52-week high of $428.93. The firm has a market capitalization of $31.61 billion, a P/E ratio of 37.66, a P/E/G ratio of 0.90 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 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.06. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The firm had revenue of $8.75 billion for the quarter, compared to analysts’ expectations of $8.61 billion. During the same period in the prior year, the business posted $2.55 earnings per share. The business’s revenue for the quarter was up 11.8% on a year-over-year basis. 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, sell-side analysts predict that Jabil, Inc. will post 11.71 earnings per share for the current year.

Jabil Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. Jabil’s dividend payout ratio (DPR) is currently 4.00%.

Wall Street Analyst Weigh In

JBL has been the subject of several research reports. Zacks Research lowered shares of Jabil from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. JPMorgan Chase & Co. upped their target price on shares of Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. Raymond James Financial increased their price target on shares of Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a report on Thursday, June 18th. Argus set a $475.00 price target on Jabil in a research report on Thursday, June 18th. Finally, Stifel Nicolaus set a $460.00 price objective on Jabil and gave the stock a “buy” rating in a research note on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $453.67.

Jabil Company 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.