Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Jabil, Inc. (NYSE:JBL – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 256,588 shares of the technology company’s stock, valued at approximately $98,910,000. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.24% of Jabil at the end of the most recent reporting period.
A number of other institutional investors have also made changes to their positions in the stock. Todd Asset Management LLC raised its position in Jabil by 1.9% in the fourth quarter. Todd Asset Management LLC now owns 336,356 shares of the technology company’s stock valued at $76,696,000 after purchasing an additional 6,179 shares during the period. Jefferies Financial Group Inc. acquired a new stake in shares of Jabil in the fourth quarter valued at $7,061,000. Jackson Creek Investment Advisors LLC raised its holdings in shares of Jabil by 386.2% in the 4th quarter. Jackson Creek Investment Advisors LLC now owns 11,290 shares of the technology company’s stock valued at $2,574,000 after buying an additional 8,968 shares during the period. Western Wealth Management LLC acquired a new position in Jabil during the 1st quarter worth about $1,333,000. Finally, Allstate Corp grew its position in Jabil by 98.0% in the 4th quarter. Allstate Corp now owns 7,959 shares of the technology company’s stock valued at $1,815,000 after acquiring an additional 3,939 shares in the last quarter. 93.39% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other news, EVP Matthew Crowley sold 94 shares of Jabil stock in a transaction on Monday, July 6th. The shares were sold at an average price of $345.00, for a total value of $32,430.00. Following the transaction, the executive vice president directly owned 57,536 shares of the company’s stock, valued at $19,849,920. The trade was a 0.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 1.35% of the company’s stock.
Jabil Stock Performance
Jabil (NYSE:JBL – Get Free Report) last posted its earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS 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 business had revenue of $8.75 billion for the quarter, compared to analysts’ expectations of $8.61 billion. During the same quarter in the previous year, the firm earned $2.55 earnings per share. 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. As a group, analysts expect that Jabil, Inc. will post 11.71 earnings per share for the current year.
Jabil Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, August 14th. Jabil’s dividend payout ratio is presently 4.00%.
Wall Street Analyst Weigh In
Several research analysts have recently commented on JBL shares. Bank of America reissued 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 boosted their price target on shares of Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Robert W. Baird increased their price objective on Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a research note on Thursday, June 18th. Raymond James Financial lifted 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. Finally, Zacks Research upgraded Jabil from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 2nd. Two research analysts have rated the stock with a Strong Buy rating and eight have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $453.67.
Check Out Our Latest Analysis on Jabil
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.
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