Jabil, Inc. $JBL Shares Sold by Retirement Systems of Alabama

Retirement Systems of Alabama cut its holdings in Jabil, Inc. (NYSE:JBL) by 2.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,034 shares of the technology company’s stock after selling 505 shares during the period. Retirement Systems of Alabama’s holdings in Jabil were worth $5,024,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Wellington Management Group LLP raised its stake in Jabil by 12.9% in the first quarter. Wellington Management Group LLP now owns 6,556,153 shares of the technology company’s stock valued at $892,096,000 after buying an additional 747,423 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Jabil by 15.7% during the first quarter. JPMorgan Chase & Co. now owns 2,173,095 shares of the technology company’s stock worth $295,693,000 after purchasing an additional 295,496 shares during the last quarter. Northern Trust Corp grew its holdings in shares of Jabil by 8.3% during the first quarter. Northern Trust Corp now owns 1,384,364 shares of the technology company’s stock worth $188,370,000 after purchasing an additional 105,632 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in shares of Jabil by 119.9% during the first quarter. Jacobs Levy Equity Management Inc. now owns 1,215,678 shares of the technology company’s stock worth $165,417,000 after purchasing an additional 662,938 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of Jabil by 3.4% during the first quarter. Bank of New York Mellon Corp now owns 1,118,282 shares of the technology company’s stock worth $152,165,000 after purchasing an additional 37,201 shares during the last quarter. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Jabil Stock Performance

NYSE JBL opened at $209.10 on Wednesday. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 1.57. Jabil, Inc. has a 52-week low of $108.66 and a 52-week high of $237.14. The business’s 50-day moving average price is $211.34 and its 200 day moving average price is $199.28. The firm has a market cap of $22.34 billion, a P/E ratio of 35.08, a P/E/G ratio of 1.58 and a beta of 1.26.

Jabil (NYSE:JBL) last released its quarterly earnings results on Thursday, September 25th. The technology company reported $1.99 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.93). Jabil had a return on equity of 68.63% and a net margin of 2.20%.The company had revenue of $8.30 billion for the quarter, compared to analysts’ expectations of $7.63 billion. During the same period in the prior year, the business earned $2.30 EPS. The business’s quarterly 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. FY 2026 guidance at 11.000-11.000 EPS. On average, equities research analysts expect that Jabil, Inc. will post 8.05 earnings per share for the current year.

Jabil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th will be given a dividend of $0.08 per share. The ex-dividend date is Monday, November 17th. This represents a $0.32 annualized dividend and a yield of 0.2%. Jabil’s payout ratio is presently 5.37%.

Insider Buying and Selling at Jabil

In related news, EVP Kristine Melachrino sold 6,579 shares of Jabil stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $213.40, for a total value of $1,403,958.60. Following the sale, the executive vice president directly owned 33,718 shares in the company, valued at $7,195,421.20. The trade was a 16.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Gregory B. Hebard sold 6,086 shares of Jabil stock in a transaction that occurred on Tuesday, October 28th. The shares were sold at an average price of $213.54, for a total value of $1,299,604.44. Following the completion of the sale, the chief financial officer owned 58,526 shares in the company, valued at approximately $12,497,642.04. This trade represents a 9.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 131,762 shares of company stock worth $27,886,321. 1.73% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

JBL has been the topic of several research analyst reports. Raymond James Financial set a $260.00 price target on Jabil in a research report on Thursday, September 25th. Zacks Research lowered Jabil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. UBS Group set a $241.00 price target on Jabil in a research report on Sunday, September 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a research report on Tuesday, October 14th. Finally, Barclays lifted their price target on Jabil from $223.00 to $267.00 and gave the stock an “overweight” rating in a research report on Friday, September 26th. One 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’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $248.43.

Jabil Company Profile

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).