E Fund Management Co. Ltd. Acquires New Holdings in Jabil, Inc. $JBL

E Fund Management Co. Ltd. acquired a new stake in Jabil, Inc. (NYSE:JBLFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 2,839 shares of the technology company’s stock, valued at approximately $1,094,000.

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

Jabil Price Performance

Shares of JBL opened at $322.10 on Thursday. The stock has a market cap of $33.75 billion, a P/E ratio of 40.21, a price-to-earnings-growth ratio of 1.01 and a beta of 1.30. Jabil, Inc. has a 1 year low of $189.60 and a 1 year high of $428.93. The stock’s 50-day moving average price is $342.93 and its two-hundred day moving average price is $314.87. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17.

Jabil (NYSE:JBLGet Free Report) last released its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $3.10 by $0.06. The business had revenue of $8.75 billion during the quarter, compared to analysts’ expectations of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The firm’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.55 EPS. 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, equities analysts predict that Jabil, Inc. will post 11.71 earnings per share for the current year.

Jabil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders 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 dividend yield of 0.1%. The ex-dividend date is Friday, August 14th. Jabil’s payout ratio is 4.00%.

Insider Buying and Selling at Jabil

In related news, EVP Matthew Crowley sold 94 shares of the business’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 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. The trade was a 0.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.35% of the stock is owned by company insiders.

Analysts Set New Price Targets

JBL has been the subject of a number of research analyst reports. Robert W. Baird upped their price target on Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a report on Thursday, June 18th. The Goldman Sachs Group upped their target price on shares of Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Barclays raised their price target on shares of Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a research report on Thursday, June 18th. UBS Group upgraded shares of Jabil from a “neutral” rating to a “buy” rating and set a $430.00 target price for the company in a research note on Tuesday, August 11th. Finally, Weiss Ratings downgraded Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $453.67.

Check Out Our Latest Research Report on Jabil

Jabil Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Jabil (NYSE:JBL)

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