Jabil, Inc. $JBL Shares Sold by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd decreased its holdings in shares of Jabil, Inc. (NYSE:JBL) by 11.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 88,207 shares of the technology company’s stock after selling 11,117 shares during the quarter. Mediolanum International Funds Ltd’s holdings in Jabil were worth $19,174,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Legal & General Group Plc raised its holdings in Jabil by 0.9% during the second quarter. Legal & General Group Plc now owns 413,902 shares of the technology company’s stock worth $90,272,000 after purchasing an additional 3,752 shares in the last quarter. MAI Capital Management grew its position in shares of Jabil by 11.8% in the 2nd quarter. MAI Capital Management now owns 3,171 shares of the technology company’s stock valued at $692,000 after buying an additional 335 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Jabil by 5.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,302,307 shares of the technology company’s stock worth $502,133,000 after acquiring an additional 129,212 shares in the last quarter. Entropy Technologies LP raised its stake in Jabil by 151.5% during the 2nd quarter. Entropy Technologies LP now owns 38,202 shares of the technology company’s stock worth $8,332,000 after acquiring an additional 23,015 shares in the last quarter. Finally, Swiss National Bank lifted its position in Jabil by 3.1% in the second quarter. Swiss National Bank now owns 324,900 shares of the technology company’s stock valued at $70,861,000 after acquiring an additional 9,900 shares during the last quarter. 93.39% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have issued reports on JBL. Wall Street Zen raised Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a research report on Tuesday, October 14th. Zacks Research lowered shares of Jabil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. Raymond James Financial set a $260.00 price target on shares of Jabil in a research report on Thursday, September 25th. Finally, UBS Group set a $241.00 price target on shares of Jabil in a research note on Sunday, September 28th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $248.43.

Insider Buying and Selling

In other news, SVP Gary K. Schick sold 453 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $220.69, for a total transaction of $99,972.57. Following the completion of the transaction, the senior vice president directly owned 42,208 shares of the company’s stock, valued at approximately $9,314,883.52. This represents a 1.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP May Yee Yap sold 8,858 shares of Jabil stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $225.03, for a total value of $1,993,315.74. Following the completion of the sale, the senior vice president owned 25,421 shares in the company, valued at approximately $5,720,487.63. This trade represents a 25.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 131,762 shares of company stock worth $27,886,321 in the last three months. Company insiders own 1.73% of the company’s stock.

Jabil Price Performance

Shares of NYSE JBL opened at $192.46 on Friday. The stock has a fifty day moving average price of $211.11 and a 200 day moving average price of $203.84. Jabil, Inc. has a 1-year low of $108.66 and a 1-year high of $237.14. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 0.66. The company has a market cap of $20.56 billion, a PE ratio of 32.29, a P/E/G ratio of 1.58 and a beta of 1.26.

Jabil (NYSE:JBL) last announced its quarterly earnings data on Thursday, September 25th. The technology company reported $3.29 EPS for the quarter, topping analysts’ consensus estimates of $2.92 by $0.37. Jabil had a net margin of 2.20% and a return on equity of 68.63%. The company had revenue of $8.25 billion during the quarter, compared to the consensus estimate of $7.63 billion. During the same quarter in the prior year, the firm earned $2.30 EPS. Jabil’s quarterly revenue was up 18.5% on a year-over-year basis. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. Sell-side analysts forecast that Jabil, Inc. will post 8.05 EPS for the current year.

Jabil Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Monday, November 17th will be given a $0.08 dividend. The ex-dividend date is Monday, November 17th. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. Jabil’s dividend payout ratio (DPR) is presently 5.37%.

Jabil Profile

Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).