Jabil, Inc. $JBL Shares Bought by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. grew its holdings in Jabil, Inc. (NYSE:JBL) by 13.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 89,190 shares of the technology company’s stock after buying an additional 10,424 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Jabil were worth $19,452,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of JBL. Wellington Management Group LLP grew its position in Jabil by 12.9% during the first quarter. Wellington Management Group LLP now owns 6,556,153 shares of the technology company’s stock worth $892,096,000 after buying an additional 747,423 shares during the period. Geode Capital Management LLC grew its holdings in shares of Jabil by 2.3% in the 2nd quarter. Geode Capital Management LLC now owns 2,893,485 shares of the technology company’s stock worth $628,519,000 after acquiring an additional 65,949 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Jabil by 15.7% in the 1st quarter. JPMorgan Chase & Co. now owns 2,173,095 shares of the technology company’s stock worth $295,693,000 after acquiring an additional 295,496 shares during the period. Boston Partners increased its stake in Jabil by 223.9% in the 2nd quarter. Boston Partners now owns 1,896,010 shares of the technology company’s stock valued at $413,537,000 after purchasing an additional 1,310,667 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in Jabil by 8.3% during the first quarter. Northern Trust Corp now owns 1,384,364 shares of the technology company’s stock worth $188,370,000 after purchasing an additional 105,632 shares during the last quarter. 93.39% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Jabil

In other news, CFO Gregory B. Hebard sold 6,086 shares of Jabil stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of $213.54, for a total value of $1,299,604.44. Following the completion of the sale, the chief financial officer owned 58,526 shares of the company’s stock, valued at $12,497,642.04. The trade was a 9.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Francis Mckay sold 2,526 shares of the stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $224.47, for a total value of $567,011.22. Following the transaction, the senior vice president owned 40,963 shares in the company, valued at $9,194,964.61. This trade represents a 5.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 131,762 shares of company stock worth $27,886,321 in the last three months. 1.73% of the stock is currently owned by company insiders.

Jabil Trading Down 0.8%

Jabil stock opened at $198.93 on Wednesday. The stock has a 50-day moving average price of $211.86 and a 200 day moving average price of $203.94. Jabil, Inc. has a 52 week low of $108.66 and a 52 week high of $237.14. The stock has a market cap of $21.25 billion, a PE ratio of 33.38, a P/E/G ratio of 1.58 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 released its earnings results on Thursday, September 25th. The technology company reported $3.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.92 by $0.37. The company had revenue of $8.25 billion for the quarter, compared to analyst estimates of $7.63 billion. Jabil had a net margin of 2.20% and a return on equity of 68.63%. The firm’s quarterly revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.30 EPS. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. Equities research analysts predict that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.

Jabil Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Monday, November 17th will be given a dividend of $0.08 per share. The ex-dividend date is Monday, November 17th. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. Jabil’s dividend payout ratio (DPR) is 5.37%.

Analyst Ratings Changes

JBL has been the topic of several research reports. Wall Street Zen raised Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. UBS Group set a $241.00 price objective on shares of Jabil in a research report on Sunday, September 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Jabil in a research note on Tuesday, October 14th. Zacks Research cut shares of Jabil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. Finally, Bank of America upped their price target on shares of Jabil from $245.00 to $255.00 and gave the company a “buy” rating in a report on Friday, September 26th. 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. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $248.43.

Jabil 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).