State of Wyoming Cuts Stake in Jabil, Inc. $JBL

State of Wyoming lowered its stake in shares of Jabil, Inc. (NYSE:JBL) by 80.4% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 394 shares of the technology company’s stock after selling 1,618 shares during the quarter. State of Wyoming’s holdings in Jabil were worth $105,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in JBL. Todd Asset Management LLC raised its holdings in shares of Jabil by 1.9% in the 4th quarter. Todd Asset Management LLC now owns 336,356 shares of the technology company’s stock worth $76,696,000 after purchasing an additional 6,179 shares during the period. Jackson Creek Investment Advisors LLC grew its holdings in Jabil by 386.2% during the fourth 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 during the period. Jefferies Financial Group Inc. purchased a new stake in Jabil in the fourth quarter worth $7,061,000. Allstate Corp raised its stake in shares of Jabil by 98.0% in the fourth quarter. Allstate Corp now owns 7,959 shares of the technology company’s stock valued at $1,815,000 after buying an additional 3,939 shares during the period. Finally, National Pension Service lifted its position in shares of Jabil by 582.6% during the 4th quarter. National Pension Service now owns 224,903 shares of the technology company’s stock valued at $51,282,000 after buying an additional 191,956 shares during the last quarter. Institutional investors own 93.39% of the company’s stock.

Insider Activity

In related 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 transaction of $32,430.00. Following the completion of the sale, the executive vice president owned 57,536 shares of the company’s stock, valued at approximately $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.35% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on JBL. The Goldman Sachs Group boosted their price objective on Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Raymond James Financial boosted their price target on shares of Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a research report on Thursday, June 18th. Robert W. Baird raised their price objective on shares of Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a report on Thursday, June 18th. Bank of America reissued a “buy” rating and set a $470.00 target price on shares of Jabil in a report on Thursday, June 18th. Finally, Zacks Research raised Jabil from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 2nd. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $453.67.

Jabil Price Performance

Shares of NYSE:JBL opened at $314.49 on Monday. The company has a 50 day moving average of $347.90 and a 200 day moving average of $305.61. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17. The stock has a market cap of $32.95 billion, a P/E ratio of 39.26, a P/E/G ratio of 0.94 and a beta of 1.28. Jabil, Inc. has a 12 month low of $189.60 and a 12 month high of $428.93.

Jabil (NYSE:JBL) last posted its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, topping 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 business had revenue of $8.75 billion for the quarter, compared to analysts’ expectations of $8.61 billion. During the same period in the prior year, the company posted $2.55 EPS. The business’s revenue for the quarter 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. As a group, sell-side analysts forecast that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Friday, August 14th will be given 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 is Friday, August 14th. Jabil’s dividend payout ratio (DPR) is 4.00%.

Jabil Company Profile

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.