Saudi Central Bank Buys 3,487 Shares of Jabil, Inc. $JBL

Saudi Central Bank increased its stake in Jabil, Inc. (NYSE:JBLFree Report) by 89.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,385 shares of the technology company’s stock after purchasing an additional 3,487 shares during the period. Saudi Central Bank’s holdings in Jabil were worth $2,847,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Integrated Wealth Concepts LLC grew its holdings in shares of Jabil by 34.4% during the first quarter. Integrated Wealth Concepts LLC now owns 2,811 shares of the technology company’s stock worth $382,000 after buying an additional 720 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Jabil by 70.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,320 shares of the technology company’s stock worth $2,493,000 after acquiring an additional 7,602 shares during the last quarter. Focus Partners Wealth boosted its position in Jabil by 20.0% during the 1st quarter. Focus Partners Wealth now owns 4,967 shares of the technology company’s stock worth $676,000 after acquiring an additional 829 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Jabil by 50.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 582 shares of the technology company’s stock worth $79,000 after acquiring an additional 194 shares in the last quarter. Finally, Jump Financial LLC acquired a new stake in shares of Jabil in the second quarter valued at approximately $488,000. Institutional investors and hedge funds own 93.39% of the company’s stock.

Insider Buying and Selling at Jabil

In other news, EVP Matthew Crowley sold 94 shares of Jabil stock in a transaction on Monday, July 6th. The stock was sold at an average price of $345.00, for a total value of $32,430.00. Following the transaction, the executive vice president owned 57,536 shares in the company, valued at approximately $19,849,920. This trade represents a 0.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.35% of the company’s stock.

Jabil Stock Down 0.0%

JBL opened at $310.50 on Tuesday. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98. The company has a market capitalization of $32.54 billion, a P/E ratio of 38.76, a P/E/G ratio of 0.70 and a beta of 1.29. The stock has a fifty day moving average of $325.59 and a 200-day moving average of $320.02. Jabil, Inc. has a fifty-two week low of $189.60 and a fifty-two week high of $428.93.

Jabil (NYSE:JBLGet Free Report) last released its earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, beating the consensus estimate of $3.10 by $0.06. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The firm 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 EPS. The business’s quarterly revenue was up 11.8% compared to the same quarter last year. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. On average, equities analysts expect that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Announces Dividend

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

Analyst Upgrades and Downgrades

JBL has been the subject of several recent research reports. Argus set a $475.00 target price on shares of Jabil in a report on Thursday, June 18th. Barclays lifted their price target on shares of Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a research note on Thursday, June 18th. Bank of America restated a “buy” rating and set a $470.00 price objective on shares of Jabil in a research note on Thursday, June 18th. Robert W. Baird raised their price objective on Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a report on Thursday, June 18th. Finally, Stifel Nicolaus set a $460.00 target price on Jabil and gave the company a “buy” rating in a research report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Jabil presently has an average rating of “Buy” and an average price target of $453.67.

View Our Latest Research Report on JBL

Jabil 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.

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Institutional Ownership by Quarter for Jabil (NYSE:JBL)

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