Dynamic Technology Lab Private Ltd grew its holdings in Jabil, Inc. (NYSE:JBL – Free Report) by 106.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,099 shares of the technology company’s stock after purchasing an additional 4,700 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Jabil were worth $1,985,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of JBL. Boston Partners boosted its holdings in shares of Jabil by 223.9% in the second quarter. Boston Partners now owns 1,896,010 shares of the technology company’s stock worth $413,537,000 after acquiring an additional 1,310,667 shares during the period. Wellington Management Group LLP lifted its holdings in Jabil by 12.9% during the 1st quarter. Wellington Management Group LLP now owns 6,556,153 shares of the technology company’s stock worth $892,096,000 after purchasing an additional 747,423 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its stake in Jabil by 119.9% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,215,678 shares of the technology company’s stock worth $165,417,000 after purchasing an additional 662,938 shares during the period. Robeco Institutional Asset Management B.V. grew its holdings in Jabil by 4,593.2% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 636,776 shares of the technology company’s stock valued at $138,881,000 after buying an additional 623,208 shares in the last quarter. Finally, Lord Abbett & CO. LLC purchased a new position in Jabil during the 1st quarter valued at about $81,378,000. 93.39% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the stock. Wall Street Zen raised shares of Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. UBS Group set a $241.00 target price on shares of Jabil in a report on Sunday, September 28th. Barclays raised their price target on shares of Jabil from $223.00 to $267.00 and gave the company an “overweight” rating in a report on Friday, September 26th. Zacks Research lowered shares of Jabil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $248.43.
Jabil Trading Up 0.7%
Shares of JBL opened at $200.34 on Thursday. Jabil, Inc. has a 1-year low of $108.66 and a 1-year high of $237.14. The company has a market capitalization of $21.40 billion, a P/E ratio of 33.61, a P/E/G ratio of 1.58 and a beta of 1.26. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 0.66. The firm’s 50 day simple moving average is $211.55 and its 200 day simple moving average is $203.92.
Jabil (NYSE:JBL – Get Free Report) last issued its quarterly earnings results on Thursday, September 25th. The technology company reported $3.29 EPS for the quarter, topping analysts’ consensus estimates of $2.92 by $0.37. The firm 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 business’s revenue for the quarter was up 18.5% compared to the same quarter last year. During the same quarter 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. Sell-side analysts forecast that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.
Jabil Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders 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 presently 5.37%.
Insider Activity
In other news, Chairman Mark T. Mondello sold 20,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $220.83, for a total value of $4,416,600.00. Following the completion of the transaction, the chairman directly owned 1,228,359 shares in the company, valued at approximately $271,258,517.97. This represents a 1.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP May Yee Yap sold 8,858 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $225.03, for a total value of $1,993,315.74. Following the transaction, the senior vice president directly owned 25,421 shares in the company, valued at approximately $5,720,487.63. This represents a 25.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 131,762 shares of company stock valued at $27,886,321. 1.73% of the stock is owned by insiders.
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).
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