Healthcare of Ontario Pension Plan Trust Fund Raises Stake in Jabil, Inc. $JBL

Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Jabil, Inc. (NYSE:JBL) by 57.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,635 shares of the technology company’s stock after purchasing an additional 2,412 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Jabil were worth $1,762,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Norges Bank bought a new stake in shares of Jabil during the fourth quarter valued at about $407,299,000. JPMorgan Chase & Co. boosted its position in shares of Jabil by 45.7% in the fourth quarter. JPMorgan Chase & Co. now owns 1,884,545 shares of the technology company’s stock valued at $429,714,000 after acquiring an additional 591,364 shares during the period. Massachusetts Financial Services Co. MA bought a new position in shares of Jabil in the fourth quarter valued at approximately $121,710,000. M&T Bank Corp grew its stake in Jabil by 2,833.4% during the fourth quarter. M&T Bank Corp now owns 348,987 shares of the technology company’s stock valued at $79,576,000 after acquiring an additional 337,090 shares in the last quarter. Finally, Amundi grew its stake in Jabil by 55.3% during the third quarter. Amundi now owns 704,246 shares of the technology company’s stock valued at $142,399,000 after acquiring an additional 250,626 shares in the last quarter. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Wall Street Analyst Weigh In

JBL has been the topic of several recent analyst reports. The Goldman Sachs Group increased their target price on shares of Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Zacks Research raised shares of Jabil from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 2nd. Wall Street Zen downgraded Jabil from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 11th. Weiss Ratings upgraded Jabil from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 1st. Finally, Stifel Nicolaus set a $460.00 target price on Jabil and gave the stock a “buy” rating in a research note on Thursday, June 18th. Two equities research 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, the company currently has an average rating of “Buy” and an average target price of $453.67.

Insider Activity

In other news, EVP Matthew Crowley sold 94 shares of the company’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 approximately $19,849,920. This represents a 0.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.35% of the company’s stock.

Jabil Price Performance

JBL stock opened at $314.49 on Friday. The firm has a 50 day simple moving average of $347.90 and a two-hundred day simple moving average of $305.09. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66. The stock has a market cap of $32.96 billion, a PE ratio of 39.26, a P/E/G ratio of 0.92 and a beta of 1.28. Jabil, Inc. has a one year low of $189.60 and a one year high of $428.93.

Jabil (NYSE:JBL) last posted its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 earnings per share (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 company had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. During the same period in the previous year, the firm posted $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. On average, analysts predict that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Dividend Announcement

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