Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in Jabil, Inc. (NYSE:JBL – Free Report) by 79.2% in the 1st quarter, HoldingsChannel reports. The fund owned 43,075 shares of the technology company’s stock after acquiring an additional 19,041 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Jabil were worth $11,442,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of JBL. State Street Corp grew its stake in shares of Jabil by 0.7% in 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 last quarter. Primecap Management Co. CA increased its holdings in Jabil by 0.4% in the fourth quarter. Primecap Management Co. CA now owns 3,343,670 shares of the technology company’s stock valued at $762,424,000 after purchasing an additional 12,600 shares during the period. Geode Capital Management LLC raised its position in Jabil by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 2,913,157 shares of the technology company’s stock worth $661,783,000 after purchasing an additional 42,422 shares during the last quarter. JPMorgan Chase & Co. raised its position in Jabil by 45.7% during the 4th quarter. JPMorgan Chase & Co. now owns 1,884,545 shares of the technology company’s stock worth $429,714,000 after purchasing an additional 591,364 shares during the last quarter. Finally, Norges Bank acquired a new position in Jabil during the 4th quarter worth about $407,299,000. Institutional investors own 93.39% of the company’s stock.
Insiders Place Their Bets
In other news, EVP Steven D. Borges sold 5,126 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $317.51, for a total transaction of $1,627,556.26. Following the completion of the sale, the executive vice president owned 71,398 shares of the company’s stock, valued at $22,669,578.98. This trade represents a 6.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP May Yee Yap sold 1,634 shares of Jabil stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $306.74, for a total transaction of $501,213.16. Following the completion of the sale, the senior vice president owned 23,787 shares of the company’s stock, valued at $7,296,424.38. This represents a 6.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 34,981 shares of company stock valued at $10,539,610 in the last 90 days. Company insiders own 1.35% of the company’s stock.
Jabil Price Performance
Jabil (NYSE:JBL – Get Free Report) last issued its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, topping analysts’ consensus estimates of $3.10 by $0.06. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The firm had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. During the same period last year, the business posted $2.55 EPS. The business’s revenue was up 11.8% compared to the same quarter last year. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. On average, analysts expect that Jabil, Inc. will post 11.71 earnings per share for the current year.
Jabil Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Friday, May 15th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s dividend payout ratio (DPR) is currently 4.00%.
Wall Street Analysts Forecast Growth
JBL has been the topic of a number of analyst reports. Raymond James Financial upped their price target on Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a research report on Thursday, June 18th. Zacks Research downgraded Jabil from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. Bank of America reaffirmed a “buy” rating and issued a $470.00 price objective on shares of Jabil in a research note on Thursday, June 18th. The Goldman Sachs Group upped their target price on Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Finally, Argus set a $475.00 target price on shares of Jabil in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $453.67.
Check Out Our Latest Research Report on Jabil
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.
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