South Dakota Investment Council Sells 31,594 Shares of Jabil, Inc. $JBL

South Dakota Investment Council trimmed its position in Jabil, Inc. (NYSE:JBL) by 96.3% during the third quarter, Holdings Channel reports. The firm owned 1,201 shares of the technology company’s stock after selling 31,594 shares during the quarter. South Dakota Investment Council’s holdings in Jabil were worth $261,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. First Horizon Corp bought a new position in Jabil during the third quarter worth about $30,000. True Wealth Design LLC raised its stake in Jabil by 250.0% in the third quarter. True Wealth Design LLC now owns 140 shares of the technology company’s stock valued at $30,000 after buying an additional 100 shares during the period. Traub Capital Management LLC acquired a new stake in shares of Jabil in the second quarter valued at approximately $33,000. Assetmark Inc. lifted its position in shares of Jabil by 45.8% in the second quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock valued at $34,000 after buying an additional 49 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in shares of Jabil by 45.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 189 shares of the technology company’s stock worth $41,000 after acquiring an additional 59 shares during the period. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently weighed in on JBL shares. Weiss Ratings reissued a “hold (c)” rating on shares of Jabil in a report on Friday, January 9th. Bank of America set a $265.00 price objective on shares of Jabil in a research report on Thursday, December 18th. Raymond James Financial reiterated a “strong-buy” rating on shares of Jabil in a report on Thursday, December 18th. Wall Street Zen lowered shares of Jabil from a “strong-buy” rating to a “buy” rating in a research report on Monday, February 23rd. Finally, Barclays raised their target price on shares of Jabil from $267.00 to $283.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $264.14.

Jabil Stock Performance

Shares of NYSE JBL opened at $241.10 on Friday. The company has a debt-to-equity ratio of 1.77, a current ratio of 0.99 and a quick ratio of 0.67. The firm has a market cap of $25.46 billion, a price-to-earnings ratio of 37.50, a P/E/G ratio of 1.61 and a beta of 1.22. The stock’s fifty day moving average price is $247.58 and its two-hundred day moving average price is $224.83. Jabil, Inc. has a one year low of $108.66 and a one year high of $281.37.

Jabil (NYSE:JBL) last posted its earnings results on Wednesday, December 17th. The technology company reported $2.85 earnings per share for the quarter, topping analysts’ consensus estimates of $2.70 by $0.15. The company had revenue of $8.31 billion during the quarter, compared to the consensus estimate of $8.07 billion. Jabil had a return on equity of 75.96% and a net margin of 2.26%.The company’s revenue was up 18.7% on a year-over-year basis. During the same quarter last year, the firm earned $2.00 earnings per share. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS. On average, equities analysts forecast that Jabil, Inc. will post 8.05 EPS for the current year.

Jabil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 17th were paid a $0.08 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s payout ratio is 4.98%.

Insider Transactions at Jabil

In other news, Director Anousheh Ansari sold 500 shares of Jabil stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $252.00, for a total value of $126,000.00. Following the completion of the sale, the director directly owned 33,900 shares in the company, valued at approximately $8,542,800. The trade was a 1.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Michael Dastoor sold 15,000 shares of the business’s stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $246.91, for a total value of $3,703,650.00. Following the completion of the sale, the chief executive officer owned 262,566 shares of the company’s stock, valued at approximately $64,830,171.06. This trade represents a 5.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 161,529 shares of company stock worth $37,901,485. Company insiders own 1.35% of the company’s stock.

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.