State of Wyoming Sells 1,618 Shares of Jabil, Inc. $JBL

State of Wyoming lessened its position in Jabil, Inc. (NYSE:JBL) by 80.4% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 394 shares of the technology company’s stock after selling 1,618 shares during the period. State of Wyoming’s holdings in Jabil were worth $105,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp grew its position in Jabil by 0.7% in the 3rd quarter. State Street Corp now owns 5,199,646 shares of the technology company’s stock valued at $1,129,207,000 after purchasing an additional 36,646 shares during the period. Primecap Management Co. CA raised its holdings in Jabil by 0.4% during the fourth quarter. Primecap Management Co. CA now owns 3,343,670 shares of the technology company’s stock worth $762,424,000 after buying an additional 12,600 shares during the last quarter. Geode Capital Management LLC raised its holdings in Jabil by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 2,913,157 shares of the technology company’s stock worth $661,783,000 after buying an additional 42,422 shares during the last quarter. JPMorgan Chase & Co. lifted its stake 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 buying an additional 591,364 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Jabil in the fourth quarter valued at $407,299,000. Institutional investors own 93.39% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Bank of America reissued a “buy” rating and set a $470.00 target price on shares of Jabil in a research report on Thursday, June 18th. UBS Group raised their price target on shares of Jabil from $380.00 to $430.00 and gave the company a “neutral” rating in a research report on Thursday, June 18th. Robert W. Baird lifted their price target on Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a research note on Thursday, June 18th. Stifel Nicolaus set a $460.00 price objective on Jabil and gave the stock a “buy” rating in a report on Thursday, June 18th. Finally, Wall Street Zen downgraded Jabil from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 11th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $453.67.

Jabil Stock Performance

NYSE JBL opened at $314.49 on Monday. The company has a fifty day moving average price of $347.90 and a 200-day moving average price of $305.61. The firm has a market cap of $32.95 billion, a price-to-earnings ratio of 39.26, a PEG ratio of 0.94 and a beta of 1.28. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66. Jabil, Inc. has a 1 year low of $189.60 and a 1 year high of $428.93.

Jabil (NYSE:JBL) last released its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.06. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The company had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.61 billion. During the same period last year, the firm earned $2.55 earnings per share. The firm’s 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. As a group, equities research analysts predict that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Announces Dividend

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

Insider Activity

In related news, EVP Matthew Crowley sold 94 shares of the 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 of the company’s stock, valued at approximately $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.35% of the stock is currently owned by corporate insiders.

About Jabil

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.