Man Group plc purchased a new position in Jabil, Inc. (NYSE:JBL – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 148,474 shares of the technology company’s stock, valued at approximately $57,234,000. Man Group plc owned 0.14% of Jabil as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently bought and sold shares of the company. Todd Asset Management LLC raised its holdings in shares of Jabil by 1.9% during the 4th quarter. Todd Asset Management LLC now owns 336,356 shares of the technology company’s stock worth $76,696,000 after buying an additional 6,179 shares in the last quarter. Jefferies Financial Group Inc. acquired a new position in Jabil during the fourth quarter worth about $7,061,000. Jackson Creek Investment Advisors LLC boosted its stake in shares of Jabil by 386.2% in the 4th quarter. Jackson Creek Investment Advisors LLC now owns 11,290 shares of the technology company’s stock valued at $2,574,000 after purchasing an additional 8,968 shares in the last quarter. Western Wealth Management LLC bought a new stake in shares of Jabil during the 1st quarter valued at approximately $1,333,000. Finally, Allstate Corp increased its position in Jabil by 98.0% during the 4th quarter. Allstate Corp now owns 7,959 shares of the technology company’s stock worth $1,815,000 after purchasing an additional 3,939 shares in the last quarter. 93.39% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
JBL has been the subject of several research analyst reports. Robert W. Baird upped their price target on shares of Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a report on Thursday, June 18th. 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. Raymond James Financial upped their price objective on Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a research note on Thursday, June 18th. The Goldman Sachs Group boosted their target price on shares of Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Finally, Barclays lifted their price target on shares of Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $453.67.
Jabil Stock Performance
NYSE:JBL opened at $309.05 on Wednesday. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98. Jabil, Inc. has a fifty-two week low of $189.60 and a fifty-two week high of $428.93. The company has a 50 day simple moving average of $337.34 and a two-hundred day simple moving average of $316.85. The company has a market capitalization of $32.38 billion, a PE ratio of 38.58, a P/E/G ratio of 0.91 and a beta of 1.30.
Jabil (NYSE:JBL – Get Free Report) last posted its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 EPS 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 in the prior year, the firm posted $2.55 EPS. The company’s quarterly 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. Research analysts anticipate that Jabil, Inc. will post 11.71 earnings per share for the current year.
Jabil Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th will be given 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 (DPR) is 4.00%.
Insider Activity
In related news, EVP Matthew Crowley sold 94 shares of the company’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $345.00, for a total transaction of $32,430.00. Following the sale, the executive vice president owned 57,536 shares in the company, valued at $19,849,920. This represents a 0.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.35% of the stock is 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.
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