Primecap Management Co. CA Sells 79,340 Shares of Jabil, Inc. $JBL

Primecap Management Co. CA lowered its holdings in shares of Jabil, Inc. (NYSE:JBL) by 2.3% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,331,070 shares of the technology company’s stock after selling 79,340 shares during the period. Primecap Management Co. CA’s holdings in Jabil were worth $723,408,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in Jabil by 5.9% in 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. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Jabil by 33.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 26,441 shares of the technology company’s stock valued at $5,742,000 after purchasing an additional 6,594 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Jabil by 9.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 311,883 shares of the technology company’s stock valued at $67,732,000 after acquiring an additional 25,932 shares during the period. Winnow Wealth LLC acquired a new stake in Jabil in the third quarter valued at approximately $1,077,000. Finally, Legal & General Group Plc increased its position in shares of Jabil by 0.9% during the second quarter. Legal & General Group Plc now owns 413,902 shares of the technology company’s stock worth $90,272,000 after acquiring an additional 3,752 shares in the last quarter. Institutional investors own 93.39% of the company’s stock.

Jabil Stock Performance

NYSE:JBL opened at $277.75 on Thursday. The company has a debt-to-equity ratio of 1.77, a current ratio of 0.99 and a quick ratio of 0.67. Jabil, Inc. has a 1-year low of $108.66 and a 1-year high of $281.22. The business has a 50 day moving average of $243.80 and a 200 day moving average of $223.04. The company has a market capitalization of $29.33 billion, a price-to-earnings ratio of 43.20, a PEG ratio of 1.70 and a beta of 1.24.

Jabil (NYSE:JBL) last issued its earnings results on Wednesday, December 17th. The technology company reported $2.85 EPS for the quarter, topping analysts’ consensus estimates of $2.70 by $0.15. The company had revenue of $8.31 billion for the quarter, compared to analysts’ expectations of $8.07 billion. Jabil had a net margin of 2.26% and a return on equity of 75.96%. The firm’s revenue was up 18.7% compared to the same quarter last year. During the same quarter last year, the company earned $2.00 EPS. 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, sell-side analysts predict that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.

Jabil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th 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 is Tuesday, February 17th. Jabil’s dividend payout ratio is currently 4.98%.

Analyst Ratings Changes

JBL has been the subject of several recent research reports. UBS Group upped their price target on Jabil from $239.00 to $244.00 and gave the stock a “neutral” rating in a report on Thursday, December 18th. Zacks Research cut shares of Jabil from a “strong-buy” rating to a “hold” rating in a report on Monday, February 16th. JPMorgan Chase & Co. lifted their target price on shares of Jabil from $260.00 to $270.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. The Goldman Sachs Group reiterated a “buy” rating and set a $282.00 price objective on shares of Jabil in a research note on Thursday, January 15th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Jabil in a research note on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $264.14.

Insider Activity

In other news, CEO Michael Dastoor sold 15,000 shares of the stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $246.91, for a total transaction of $3,703,650.00. Following the completion of the sale, the chief executive officer directly owned 262,566 shares in the company, valued at approximately $64,830,171.06. This represents a 5.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Steven D. Borges sold 10,000 shares of Jabil stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $235.00, for a total value of $2,350,000.00. Following the completion of the sale, the executive vice president owned 90,524 shares in the company, valued at approximately $21,273,140. This represents a 9.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 181,529 shares of company stock valued at $42,145,485. 1.35% of the stock is currently owned by insiders.

Jabil 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.