Hsbc Holdings PLC raised its stake in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 18.8% in the 2nd quarter, Holdings Channel reports. The firm owned 351,407 shares of the technology company’s stock after purchasing an additional 55,715 shares during the quarter. Hsbc Holdings PLC’s holdings in Jabil were worth $135,119,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in JBL. BlackRock Inc. acquired a new stake in shares of Jabil during the second quarter worth $3,905,704,000. Primecap Management Co. CA acquired a new stake in Jabil during the 2nd quarter worth about $1,220,861,000. Norges Bank bought a new position in shares of Jabil in the 4th quarter worth about $407,299,000. Bank of New York Mellon Corp acquired a new position in shares of Jabil in the 2nd quarter valued at about $411,079,000. Finally, JPMorgan Chase & Co. boosted its position in shares of Jabil by 45.7% during the 4th quarter. JPMorgan Chase & Co. now owns 1,884,545 shares of the technology company’s stock valued at $429,714,000 after purchasing an additional 591,364 shares in the last quarter. Institutional investors own 93.39% of the company’s stock.
Insider Activity at Jabil
In related news, EVP Matthew Crowley sold 94 shares of the business’s stock in a transaction dated 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 approximately $19,849,920. The trade was a 0.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.35% of the stock is owned by insiders.
Analysts Set New Price Targets
View Our Latest Stock Report on Jabil
Jabil Trading Up 1.4%
Shares of JBL stock opened at $309.05 on Wednesday. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98. The company has a market capitalization of $32.38 billion, a price-to-earnings ratio of 38.58, a PEG ratio of 0.91 and a beta of 1.30. Jabil, Inc. has a 52-week low of $189.60 and a 52-week high of $428.93. The company has a 50-day simple moving average of $337.34 and a two-hundred day simple moving average of $316.85.
Jabil (NYSE:JBL – Get Free Report) last released its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.10 by $0.06. The company had revenue of $8.75 billion during the quarter, compared to analyst estimates of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.Jabil’s quarterly revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the company 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 anticipate that Jabil, Inc. will post 11.71 EPS for the current fiscal year.
Jabil Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil’s dividend payout ratio (DPR) is currently 4.00%.
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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