State of Alaska Department of Revenue Raises Stake in Jabil, Inc. $JBL

State of Alaska Department of Revenue raised its holdings in shares of Jabil, Inc. (NYSE:JBL) by 15.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,763 shares of the technology company’s stock after acquiring an additional 4,425 shares during the period. State of Alaska Department of Revenue’s holdings in Jabil were worth $7,331,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in JBL. Fifth Third Wealth Advisors LLC purchased a new position in Jabil in the 2nd quarter worth $275,000. JPMorgan Chase & Co. grew its stake in shares of Jabil by 5.9% during the second quarter. JPMorgan Chase & Co. now owns 2,302,307 shares of the technology company’s stock valued at $502,133,000 after buying an additional 129,212 shares during the last quarter. Legal & General Group Plc increased its holdings in shares of Jabil by 0.9% in the second quarter. Legal & General Group Plc now owns 413,902 shares of the technology company’s stock worth $90,272,000 after buying an additional 3,752 shares during the period. Boston Partners increased its holdings in shares of Jabil by 224.4% in the second quarter. Boston Partners now owns 1,898,681 shares of the technology company’s stock worth $414,119,000 after buying an additional 1,313,338 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in shares of Jabil by 41.9% in the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 89,912 shares of the technology company’s stock valued at $19,610,000 after acquiring an additional 26,554 shares during the last quarter. 93.39% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Barclays raised their price target on Jabil from $267.00 to $283.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Raymond James Financial restated a “strong-buy” rating on shares of Jabil in a report on Thursday, December 18th. Weiss Ratings reiterated a “hold (c)” rating on shares of Jabil in a report on Tuesday, October 14th. JPMorgan Chase & Co. increased their price target on shares of Jabil from $260.00 to $270.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. Finally, Zacks Research upgraded shares of Jabil from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 2nd. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and two have 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 $261.29.

Jabil Stock Performance

Shares of JBL stock opened at $226.03 on Friday. The firm has a market capitalization of $24.14 billion, a price-to-earnings ratio of 35.15, a PEG ratio of 1.45 and a beta of 1.25. The stock has a fifty day moving average of $218.00 and a 200 day moving average of $216.17. Jabil, Inc. has a 52 week low of $108.66 and a 52 week high of $249.00. The company has a quick ratio of 0.67, a current ratio of 0.99 and a debt-to-equity ratio of 1.77.

Jabil (NYSE:JBL) last issued its quarterly earnings data on Wednesday, December 17th. The technology company reported $2.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.70 by $0.15. Jabil had a net margin of 2.26% and a return on equity of 75.96%. The business had revenue of $8.31 billion for the quarter, compared to the consensus estimate of $8.07 billion. During the same period in the previous year, the firm earned $2.00 EPS. The company’s quarterly revenue was up 18.7% compared to the same quarter last year. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS. As a group, research analysts expect that Jabil, Inc. will post 8.05 earnings per share for the current year.

Jabil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 2nd. Investors of record on Monday, November 17th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, November 17th. Jabil’s dividend payout ratio is presently 4.98%.

Insider Transactions at Jabil

In other Jabil news, EVP Steven D. Borges sold 10,000 shares of Jabil stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $235.00, for a total transaction of $2,350,000.00. Following the completion of the transaction, the executive vice president owned 90,524 shares in the company, valued at approximately $21,273,140. The trade was a 9.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Frederic E. Mccoy sold 22,011 shares of Jabil stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $224.93, for a total value of $4,950,934.23. Following the completion of the transaction, the executive vice president directly owned 100,376 shares of the company’s stock, valued at approximately $22,577,573.68. This represents a 17.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 215,273 shares of company stock worth $47,462,555. 1.35% of the stock is owned by insiders.

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.