Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Jabil, Inc. (NYSE:JBL – Free Report) in the second quarter, Holdings Channel reports. The fund acquired 256,588 shares of the technology company’s stock, valued at approximately $98,910,000.
A number of other institutional investors have also modified their holdings of JBL. Bell Investment Advisors Inc acquired a new stake in shares of Jabil during the second quarter worth $35,000. Persistent Asset Partners Ltd acquired a new position in Jabil in the 2nd quarter valued at $45,000. Greenline Wealth Management LLC acquired a new position in Jabil in the 4th quarter valued at $28,000. Virtus Advisers LLC purchased a new position in Jabil during the 4th quarter worth $32,000. Finally, DV Equities LLC acquired a new stake in shares of Jabil in the 4th quarter worth $34,000. Institutional investors and hedge funds own 93.39% of the company’s stock.
Insider Transactions at Jabil
In other Jabil news, EVP Matthew Crowley sold 94 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $345.00, for a total value of $32,430.00. Following the sale, the executive vice president owned 57,536 shares of the company’s stock, valued at $19,849,920. This represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.35% of the company’s stock.
Jabil Stock Performance
Jabil (NYSE:JBL – Get Free Report) last posted 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 company had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.Jabil’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Sell-side 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 dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date is Friday, August 14th. Jabil’s dividend payout ratio (DPR) is 4.00%.
Analyst Ratings Changes
Several brokerages have recently weighed in on JBL. Zacks Research raised shares of Jabil from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 2nd. Stifel Nicolaus set a $460.00 price objective on shares of Jabil and gave the company a “buy” rating in a research report on Thursday, June 18th. Barclays lifted their price objective on Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. Argus set a $475.00 target price on Jabil in a research report on Thursday, June 18th. Finally, The Goldman Sachs Group increased their target price on Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $453.67.
Check Out Our Latest Research Report on Jabil
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.
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