South Dakota Investment Council Has $261,000 Stock Holdings in Jabil, Inc. $JBL

South Dakota Investment Council decreased its position in shares of Jabil, Inc. (NYSE:JBLFree Report) by 96.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,201 shares of the technology company’s stock after selling 31,594 shares during the quarter. South Dakota Investment Council’s holdings in Jabil were worth $261,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. True Wealth Design LLC boosted its position in shares of Jabil by 250.0% during the third quarter. True Wealth Design LLC now owns 140 shares of the technology company’s stock worth $30,000 after purchasing an additional 100 shares in the last quarter. First Horizon Corp bought a new stake in shares of Jabil in the 3rd quarter valued at $30,000. Traub Capital Management LLC acquired a new stake in Jabil during the 2nd quarter worth $33,000. Assetmark Inc. raised its stake in Jabil by 45.8% during the 2nd quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock worth $34,000 after buying an additional 49 shares during the period. Finally, Hantz Financial Services Inc. lifted its holdings in Jabil by 45.4% during the second quarter. Hantz Financial Services Inc. now owns 189 shares of the technology company’s stock worth $41,000 after acquiring an additional 59 shares in the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.

Jabil Stock Down 4.4%

Jabil stock opened at $241.10 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.67 and a debt-to-equity ratio of 1.77. Jabil, Inc. has a 1-year low of $108.66 and a 1-year high of $281.37. The company has a fifty day simple moving average of $247.58 and a 200 day simple moving average of $224.83. The company has a market cap of $25.46 billion, a P/E ratio of 37.50, a price-to-earnings-growth ratio of 1.61 and a beta of 1.22.

Jabil (NYSE:JBLGet Free Report) last issued its quarterly earnings results on Wednesday, December 17th. The technology company reported $2.85 EPS for the quarter, topping the consensus estimate of $2.70 by $0.15. Jabil had a net margin of 2.26% and a return on equity of 75.96%. The firm had revenue of $8.31 billion for the quarter, compared to analysts’ expectations of $8.07 billion. The company’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same period in the previous year, the firm posted $2.00 EPS. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS. Research analysts anticipate that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.

Jabil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s dividend payout ratio is 4.98%.

Insider Activity

In other news, Chairman Mark T. Mondello sold 50,000 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $225.32, for a total transaction of $11,266,000.00. Following the sale, the chairman owned 1,171,459 shares in the company, valued at $263,953,141.88. This represents a 4.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Michael Dastoor sold 15,000 shares of the stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $246.91, for a total value of $3,703,650.00. Following the completion of the sale, the chief executive officer directly owned 262,566 shares of the company’s stock, valued at approximately $64,830,171.06. The trade was a 5.40% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 161,529 shares of company stock valued at $37,901,485. Corporate insiders own 1.35% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. UBS Group increased their price target on Jabil from $239.00 to $244.00 and gave the stock a “neutral” rating in a report on Thursday, December 18th. Wall Street Zen cut Jabil from a “strong-buy” rating to a “buy” rating in a report on Monday, February 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Jabil in a research report on Friday, January 9th. Zacks Research lowered shares of Jabil from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 16th. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Jabil in a report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $264.14.

Get Our Latest Stock Analysis on Jabil

Jabil Company 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

Institutional Ownership by Quarter for Jabil (NYSE:JBL)

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