Mutual of America Capital Management LLC Sells 428 Shares of Jabil, Inc. $JBL

Mutual of America Capital Management LLC lowered its holdings in Jabil, Inc. (NYSE:JBL) by 3.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,309 shares of the technology company’s stock after selling 428 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Jabil were worth $2,685,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. increased its stake in Jabil by 84.8% in the first quarter. Robeco Institutional Asset Management B.V. now owns 13,568 shares of the technology company’s stock valued at $1,846,000 after acquiring an additional 6,225 shares during the period. Envestnet Asset Management Inc. increased its stake in Jabil by 8.1% in the first quarter. Envestnet Asset Management Inc. now owns 242,977 shares of the technology company’s stock valued at $33,062,000 after acquiring an additional 18,126 shares during the period. OneDigital Investment Advisors LLC bought a new stake in Jabil in the first quarter valued at about $214,000. Golden State Wealth Management LLC increased its stake in Jabil by 2,400.0% in the first quarter. Golden State Wealth Management LLC now owns 275 shares of the technology company’s stock valued at $37,000 after acquiring an additional 264 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in Jabil by 88.3% in the first quarter. Janney Montgomery Scott LLC now owns 6,332 shares of the technology company’s stock valued at $862,000 after buying an additional 2,969 shares in the last quarter. Institutional investors own 93.39% of the company’s stock.

Insider Activity at Jabil

In related news, EVP Matthew Crowley sold 3,877 shares of the stock in a transaction that occurred on Tuesday, October 21st. The shares were sold at an average price of $202.59, for a total value of $785,441.43. Following the transaction, the executive vice president directly owned 58,736 shares in the company, valued at $11,899,326.24. This represents a 6.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Mark T. Mondello sold 40,000 shares of the stock in a transaction that occurred on Friday, October 17th. The shares were sold at an average price of $207.77, for a total transaction of $8,310,800.00. Following the completion of the transaction, the chairman owned 1,258,942 shares in the company, valued at $261,570,379.34. This represents a 3.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 106,533 shares of company stock worth $22,336,025 over the last 90 days. 1.73% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have commented on JBL. Barclays boosted their price target on shares of Jabil from $223.00 to $267.00 and gave the company an “overweight” rating in a research report on Friday, September 26th. Wall Street Zen upgraded shares of Jabil from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 3rd. UBS Group set a $241.00 price target on shares of Jabil in a research report on Sunday, September 28th. JPMorgan Chase & Co. boosted their price target on shares of Jabil from $214.00 to $256.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Finally, Stifel Nicolaus began coverage on shares of Jabil in a research report on Wednesday, July 2nd. They issued a “buy” rating and a $245.00 price target on the stock. One 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 company. According to MarketBeat.com, Jabil has a consensus rating of “Moderate Buy” and an average target price of $248.43.

Jabil Price Performance

Shares of JBL stock opened at $212.69 on Friday. Jabil, Inc. has a 1 year low of $108.66 and a 1 year high of $237.14. The firm’s 50 day moving average is $210.09 and its 200-day moving average is $193.86. The firm has a market capitalization of $22.72 billion, a price-to-earnings ratio of 35.69, a PEG ratio of 1.47 and a beta of 1.26. The company has a current ratio of 1.00, a quick ratio of 0.66 and a debt-to-equity ratio of 1.57.

Jabil (NYSE:JBL) last announced its earnings results on Thursday, September 25th. The technology company reported $1.99 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.93). Jabil had a return on equity of 68.63% and a net margin of 2.20%.The company had revenue of $8.30 billion for the quarter, compared to analyst estimates of $7.63 billion. During the same quarter in the previous year, the company posted $2.30 earnings per share. Jabil’s revenue for the quarter was up 18.5% on a year-over-year basis. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. Sell-side analysts forecast that Jabil, Inc. will post 8.05 EPS for the current fiscal year.

Jabil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Monday, November 17th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date is Monday, November 17th. Jabil’s dividend payout ratio is currently 5.37%.

Jabil Company Profile

Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).