Jabil, Inc. $JBL Stock Position Decreased by Invesco Ltd.

Invesco Ltd. decreased its holdings in shares of Jabil, Inc. (NYSE:JBLFree Report) by 10.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,093,870 shares of the technology company’s stock after selling 245,199 shares during the quarter. Invesco Ltd.’s holdings in Jabil were worth $456,673,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of JBL. Fifth Third Wealth Advisors LLC bought a new stake in Jabil during the 2nd quarter valued at $275,000. JPMorgan Chase & Co. grew its stake in shares of Jabil by 5.9% in the second quarter. JPMorgan Chase & Co. now owns 2,302,307 shares of the technology company’s stock worth $502,133,000 after purchasing an additional 129,212 shares in the last quarter. Legal & General Group Plc increased its holdings in shares of Jabil by 0.9% during the second quarter. Legal & General Group Plc now owns 413,902 shares of the technology company’s stock valued at $90,272,000 after purchasing an additional 3,752 shares during the period. Boston Partners increased its holdings in shares of Jabil by 224.4% during the second quarter. Boston Partners now owns 1,898,681 shares of the technology company’s stock valued at $414,119,000 after purchasing an additional 1,313,338 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH raised its stake in shares of Jabil by 41.9% during the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 89,912 shares of the technology company’s stock valued at $19,610,000 after purchasing an additional 26,554 shares in the last quarter. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Jabil

In other news, Chairman Mark T. Mondello sold 40,000 shares of the business’s stock in a transaction on Friday, October 17th. The stock was sold at an average price of $207.77, for a total transaction of $8,310,800.00. Following the completion of the sale, the chairman owned 1,258,942 shares in the company, valued at $261,570,379.34. The trade was a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Gregory B. Hebard sold 6,086 shares of the company’s stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $213.54, for a total transaction of $1,299,604.44. Following the transaction, the chief financial officer owned 58,526 shares in the company, valued at approximately $12,497,642.04. The trade was a 9.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 131,762 shares of company stock valued at $28,129,921. 1.73% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on JBL. Wall Street Zen upgraded shares of Jabil from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 3rd. Raymond James Financial set a $260.00 price target on shares of Jabil in a research note on Thursday, September 25th. Barclays increased their price target on Jabil from $223.00 to $267.00 and gave the company an “overweight” rating in a research note on Friday, September 26th. Bank of America boosted their price objective on Jabil from $245.00 to $255.00 and gave the stock a “buy” rating in a research note on Friday, September 26th. Finally, UBS Group set a $241.00 price target on Jabil in a research note on Sunday, September 28th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Jabil currently has an average rating of “Moderate Buy” and a consensus target price of $248.43.

Check Out Our Latest Stock Report on JBL

Jabil Trading Up 2.1%

Jabil stock opened at $218.58 on Friday. Jabil, Inc. has a 52 week low of $108.66 and a 52 week high of $237.14. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.66 and a current ratio of 1.00. The firm has a market capitalization of $23.35 billion, a PE ratio of 36.67, a PEG ratio of 1.52 and a beta of 1.26. The business’s 50-day simple moving average is $208.53 and its 200-day simple moving average is $207.22.

Jabil (NYSE:JBLGet Free Report) last posted its quarterly earnings data on Thursday, September 25th. The technology company reported $3.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.92 by $0.37. Jabil had a net margin of 2.20% and a return on equity of 68.63%. The company had revenue of $8.25 billion for the quarter, compared to the consensus estimate of $7.63 billion. During the same quarter in the previous year, the firm posted $2.30 EPS. The business’s revenue was up 18.5% compared to the same quarter last year. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS and its FY 2026 guidance at 11.000-11.000 EPS. Equities research analysts forecast that Jabil, Inc. will post 8.05 earnings per share for the current year.

Jabil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 2nd. Investors of record on Monday, November 17th were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, November 17th. Jabil’s dividend payout ratio (DPR) is currently 5.37%.

About Jabil

(Free Report)

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).

See Also

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Institutional Ownership by Quarter for Jabil (NYSE:JBL)

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