9,536 Shares in Jabil, Inc. $JBL Purchased by Te Ahumairangi Investment Management Ltd

Te Ahumairangi Investment Management Ltd bought a new stake in shares of Jabil, Inc. (NYSE:JBL) during the second quarter, HoldingsChannel reports. The fund bought 9,536 shares of the technology company’s stock, valued at approximately $3,676,000.

Several other institutional investors and hedge funds have also made changes to their positions in JBL. BlackRock Inc. purchased a new stake in shares of Jabil during the second quarter worth about $3,905,704,000. Norges Bank acquired a new position in Jabil in the 4th quarter valued at $407,299,000. Bank of New York Mellon Corp acquired a new stake in shares of Jabil during the second quarter worth $411,079,000. JPMorgan Chase & Co. increased its stake in 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 purchasing an additional 591,364 shares during the last quarter. Finally, Deutsche Bank AG acquired a new position in shares of Jabil during the 2nd quarter valued at about $207,874,000. 93.39% of the stock is currently owned by hedge funds and other institutional investors.

Jabil Stock Down 0.1%

NYSE JBL opened at $312.91 on Monday. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17. Jabil, Inc. has a fifty-two week low of $189.60 and a fifty-two week high of $428.93. The business has a 50 day moving average price of $340.28 and a two-hundred day moving average price of $315.92. The stock has a market cap of $32.79 billion, a PE ratio of 39.06, a P/E/G ratio of 0.94 and a beta of 1.30.

Jabil (NYSE:JBL) last announced its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.06. The business had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The business’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.55 earnings per share. 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 EPS for the current fiscal year.

Jabil Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Robert W. Baird boosted their target price on shares of Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a report on Thursday, June 18th. Raymond James Financial lifted their target price on Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a report on Thursday, June 18th. Zacks Research downgraded Jabil from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. Weiss Ratings lowered Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Finally, UBS Group raised Jabil from a “neutral” rating to a “buy” rating and set a $430.00 price objective on the stock in a research note on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Jabil has a consensus rating of “Buy” and an average target price of $453.67.

Insider Buying and Selling

In other Jabil news, EVP Matthew Crowley sold 94 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The stock was 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 in the company, valued at $19,849,920. This trade represents a 0.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.35% of the company’s stock.

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.