Meyer Handelman Co. Has $16.89 Million Stake in Jabil, Inc. $JBL

Meyer Handelman Co. lifted its stake in Jabil, Inc. (NYSE:JBL) by 3.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 63,569 shares of the technology company’s stock after buying an additional 2,261 shares during the period. Meyer Handelman Co. owned approximately 0.06% of Jabil worth $16,886,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. State Street Corp lifted its position in Jabil by 0.7% during the third quarter. State Street Corp now owns 5,199,646 shares of the technology company’s stock worth $1,129,207,000 after purchasing an additional 36,646 shares during the period. Primecap Management Co. CA increased its holdings in Jabil by 0.4% in the 4th quarter. Primecap Management Co. CA now owns 3,343,670 shares of the technology company’s stock valued at $762,424,000 after buying an additional 12,600 shares during the period. Geode Capital Management LLC increased its holdings in Jabil by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 2,913,157 shares of the technology company’s stock valued at $661,783,000 after buying an additional 42,422 shares during the period. JPMorgan Chase & Co. raised its position in shares of Jabil by 45.7% in the 4th quarter. JPMorgan Chase & Co. now owns 1,884,545 shares of the technology company’s stock valued at $429,714,000 after buying an additional 591,364 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Jabil during the 4th quarter worth approximately $407,299,000. 93.39% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Jabil

In other Jabil news, Director Anousheh Ansari sold 2,000 shares of the company’s stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $300.00, for a total value of $600,000.00. Following the completion of the transaction, the director owned 31,800 shares of the company’s stock, valued at $9,540,000. This represents a 5.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP May Yee Yap sold 1,634 shares of Jabil stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $306.74, for a total value of $501,213.16. Following the sale, the senior vice president directly owned 23,787 shares in the company, valued at $7,296,424.38. The trade was a 6.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 35,981 shares of company stock worth $10,812,410 over the last three months. 1.35% of the stock is owned by corporate insiders.

Jabil Price Performance

Shares of NYSE:JBL opened at $374.33 on Friday. The company has a market cap of $39.49 billion, a price-to-earnings ratio of 46.73, a PEG ratio of 1.11 and a beta of 1.28. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66. The firm has a 50 day simple moving average of $355.43 and a 200 day simple moving average of $287.41. Jabil, Inc. has a one year low of $189.60 and a one year high of $428.93.

Jabil (NYSE:JBL) last issued its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.06. The firm had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The company’s quarterly 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. Research analysts predict that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.

Jabil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Friday, May 15th were given a dividend of $0.08 per share. The ex-dividend date was Friday, May 15th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s payout ratio is currently 4.00%.

Analyst Ratings Changes

A number of research analysts recently issued reports on JBL shares. Stifel Nicolaus set a $460.00 price objective on shares of Jabil and gave the company a “buy” rating in a research note on Thursday, June 18th. Raymond James Financial raised their target price on Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a report on Thursday, June 18th. Barclays lifted their price target on Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a research note on Thursday, June 18th. Robert W. Baird boosted their price target on Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a report on Thursday, June 18th. Finally, Wall Street Zen downgraded Jabil from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 11th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $453.67.

Jabil Company 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.