Te Ahumairangi Investment Management Ltd Purchases 1,725 Shares of Jabil, Inc. $JBL

Te Ahumairangi Investment Management Ltd raised its position in shares of Jabil, Inc. (NYSE:JBL) by 8.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,912 shares of the technology company’s stock after buying an additional 1,725 shares during the quarter. Te Ahumairangi Investment Management Ltd’s holdings in Jabil were worth $4,997,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of JBL. Wellington Management Group LLP boosted its position in shares of Jabil by 12.9% during the 1st quarter. Wellington Management Group LLP now owns 6,556,153 shares of the technology company’s stock valued at $892,096,000 after acquiring an additional 747,423 shares during the last quarter. Primecap Management Co. CA increased its position in Jabil by 0.7% in the second quarter. Primecap Management Co. CA now owns 3,410,410 shares of the technology company’s stock worth $743,810,000 after purchasing an additional 24,650 shares during the last quarter. Geode Capital Management LLC raised its stake in Jabil by 2.3% during the second quarter. Geode Capital Management LLC now owns 2,893,485 shares of the technology company’s stock valued at $628,519,000 after purchasing an additional 65,949 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Jabil by 5.9% during the second quarter. JPMorgan Chase & Co. now owns 2,302,307 shares of the technology company’s stock valued at $502,133,000 after purchasing an additional 129,212 shares during the last quarter. Finally, Boston Partners lifted its position in 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 last quarter. 93.39% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Bank of America boosted their target price on shares of Jabil from $245.00 to $255.00 and gave the stock a “buy” rating in a report on Friday, September 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of Jabil in a research report on Tuesday, October 14th. Wall Street Zen upgraded Jabil from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 3rd. Barclays raised their price objective on Jabil from $223.00 to $267.00 and gave the company an “overweight” rating in a research note on Friday, September 26th. Finally, Zacks Research downgraded Jabil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Jabil has an average rating of “Moderate Buy” and an average price target of $248.43.

Insiders Place Their Bets

In other news, CFO Gregory B. Hebard sold 6,086 shares of Jabil stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of $213.54, for a total transaction of $1,299,604.44. Following the completion of the sale, the chief financial officer directly 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. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Mark T. Mondello sold 20,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $220.83, for a total transaction of $4,416,600.00. Following the completion of the transaction, the chairman owned 1,228,359 shares in the company, valued at approximately $271,258,517.97. The trade was a 1.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 131,762 shares of company stock valued at $27,886,321. Insiders own 1.73% of the company’s stock.

Jabil Stock Performance

Jabil stock opened at $204.05 on Wednesday. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 0.66. The firm has a market capitalization of $21.80 billion, a P/E ratio of 34.24, a price-to-earnings-growth ratio of 1.58 and a beta of 1.26. Jabil, Inc. has a 1-year low of $108.66 and a 1-year high of $237.14. The company’s 50-day moving average is $210.19 and its 200 day moving average is $205.56.

Jabil (NYSE:JBL) last released its earnings results on Thursday, September 25th. The technology company reported $3.29 EPS for the quarter, beating analysts’ consensus estimates of $2.92 by $0.37. Jabil had a return on equity of 68.63% and a net margin of 2.20%.The firm had revenue of $8.25 billion for the quarter, compared to analysts’ expectations of $7.63 billion. During the same quarter in the prior year, the firm posted $2.30 earnings per share. The company’s quarterly revenue was up 18.5% on a year-over-year basis. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. Research analysts forecast that Jabil, Inc. will post 8.05 EPS 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 paid a $0.08 dividend. The ex-dividend date is Monday, November 17th. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. Jabil’s dividend payout ratio (DPR) is presently 5.37%.

Jabil 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).