Rakuten Investment Management Inc. Buys Shares of 17,256 Jabil, Inc. $JBL

Rakuten Investment Management Inc. purchased a new position in Jabil, Inc. (NYSE:JBL) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 17,256 shares of the technology company’s stock, valued at approximately $6,446,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Rakuten Securities Inc. bought a new stake in shares of Jabil during the 2nd quarter valued at $25,000. Greenline Wealth Management LLC bought a new position in Jabil in the 4th quarter worth $28,000. Virtus Advisers LLC purchased a new position in Jabil during the fourth quarter valued at $32,000. DV Equities LLC purchased a new position in Jabil during the fourth quarter valued at $34,000. Finally, Wilkerson Advisory Group LLC bought a new stake in Jabil during the fourth quarter valued at about $34,000. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Analyst Ratings Changes

JBL has been the subject of a number of analyst reports. Argus set a $475.00 price objective on Jabil in a research note on Thursday, June 18th. Barclays boosted their price objective on Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a research note on Thursday, June 18th. Weiss Ratings lowered shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. UBS Group upgraded shares of Jabil from a “neutral” rating to a “buy” rating and set a $430.00 target price on the stock in a research note on Tuesday, August 11th. Finally, Raymond James Financial lifted their price target on shares of Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $453.67.

Insider Activity

In other news, EVP Matthew Crowley sold 94 shares of the business’s stock in a transaction on Monday, July 6th. The shares were 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 of the company’s stock, valued at approximately $19,849,920. The trade was a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.35% of the stock is currently owned by insiders.

Jabil Price Performance

Shares of Jabil stock opened at $301.69 on Friday. The company has a market capitalization of $31.61 billion, a price-to-earnings ratio of 37.66, a PEG ratio of 0.90 and a beta of 1.30. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17. The stock’s 50-day simple moving average is $333.51 and its 200-day simple moving average is $317.61. Jabil, Inc. has a 52 week low of $189.60 and a 52 week high of $428.93.

Jabil (NYSE:JBL) last released 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. The firm had revenue of $8.75 billion during the quarter, compared to analysts’ expectations of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The firm’s revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the business posted $2.55 earnings per share. 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, analysts expect that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.

Jabil Dividend Announcement

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

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.