National Pension Service Has $91.36 Million Position in Jabil, Inc. $JBL

National Pension Service cut its stake in Jabil, Inc. (NYSE:JBL) by 8.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 237,016 shares of the technology company’s stock after selling 21,305 shares during the period. National Pension Service’s holdings in Jabil were worth $91,365,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Rakuten Securities Inc. acquired a new stake in shares of Jabil during the 2nd quarter worth $25,000. Greenline Wealth Management LLC acquired a new position in Jabil in the fourth quarter valued at about $28,000. Virtus Advisers LLC acquired a new position in Jabil in the fourth quarter valued at about $32,000. DV Equities LLC bought a new stake in Jabil during the fourth quarter worth about $34,000. Finally, Wilkerson Advisory Group LLC bought a new stake in Jabil during the fourth quarter worth about $34,000. 93.39% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Jabil

In related news, EVP Matthew Crowley sold 94 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $345.00, for a total value of $32,430.00. Following the completion of the sale, the executive vice president directly owned 57,536 shares in the company, valued at $19,849,920. This represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.35% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

JBL has been the topic of several recent analyst reports. Stifel Nicolaus set a $460.00 target price on shares of Jabil and gave the company a “buy” rating in a report on Thursday, June 18th. Barclays lifted their price objective on shares of Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a research note on Thursday, June 18th. Zacks Research cut Jabil from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. Raymond James Financial upped their price objective on Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a research report on Thursday, June 18th. Finally, UBS Group raised Jabil from a “neutral” rating to a “buy” rating and set a $430.00 target price for the company in a research note on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $441.78.

Jabil Stock Up 4.9%

Shares of NYSE JBL opened at $317.78 on Friday. The company has a 50 day simple moving average of $321.56 and a 200 day simple moving average of $320.92. The firm has a market cap of $33.30 billion, a PE ratio of 39.67, a price-to-earnings-growth ratio of 0.68 and a beta of 1.29. Jabil, Inc. has a 1 year low of $189.60 and a 1 year high of $428.93. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66.

Jabil (NYSE:JBL) last posted its 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 net margin of 2.57% and a return on equity of 83.93%. The firm had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.61 billion. During the same period in the previous year, the firm posted $2.55 EPS. The company’s revenue for the quarter 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, research analysts forecast that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Friday, August 14th. Jabil’s payout ratio is 4.00%.

About Jabil

Jabil Inc is a global manufacturing and technology solutions provider that helps companies design, manufacture and manage products across their lifecycles. Its services include product and process engineering, supply-chain management, procurement, manufacturing, assembly, testing, packaging and aftermarket services.

The company supports customers in a range of industries, including cloud and data infrastructure, automotive, healthcare, connected devices, consumer products, energy and industrial applications.