The Manufacturers Life Insurance Company Purchases New Position in Jabil, Inc. $JBL

The Manufacturers Life Insurance Company purchased a new stake in Jabil, Inc. (NYSE:JBL) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 52,695 shares of the technology company’s stock, valued at approximately $20,313,000.

Other hedge funds have also bought and sold shares of the company. Rakuten Securities Inc. purchased a new stake in Jabil during the second quarter worth $25,000. Greenline Wealth Management LLC acquired a new stake in Jabil during the fourth quarter valued at $28,000. Virtus Advisers LLC purchased a new position in Jabil in the fourth quarter valued at $32,000. Wilkerson Advisory Group LLC acquired a new position in shares of Jabil in the fourth quarter worth about $34,000. Finally, DV Equities LLC acquired a new position in shares of Jabil in the fourth quarter worth about $34,000. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Insider Activity 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 transaction of $32,430.00. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.35% of the company’s stock.

Jabil Trading Up 0.5%

Shares of Jabil stock opened at $312.60 on Friday. 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, Inc. has a twelve month low of $189.60 and a twelve month high of $428.93. The firm has a market capitalization of $32.76 billion, a PE ratio of 39.03, a P/E/G ratio of 0.93 and a beta of 1.30. The firm’s 50-day moving average price is $334.90 and its 200 day moving average price is $317.72.

Jabil (NYSE:JBL) last posted its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, topping the consensus estimate of $3.10 by $0.06. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The company had revenue of $8.75 billion during the quarter, compared to analyst estimates of $8.61 billion. During the same period in the previous year, the business earned $2.55 EPS. Jabil’s quarterly revenue was up 11.8% on a year-over-year basis. 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, sell-side analysts predict that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Announces Dividend

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

Wall Street Analysts Forecast Growth

JBL has been the topic of several recent analyst reports. Bank of America reissued a “buy” rating and set a $470.00 target price on shares of Jabil in a research note on Thursday, June 18th. 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. Weiss Ratings cut Jabil from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. Raymond James Financial increased their price target on Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a research report on Thursday, June 18th. Finally, Argus set a $475.00 price objective on Jabil in a research report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Jabil presently has an average rating of “Buy” and an average target price of $453.67.

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.