Handelsbanken Fonder AB lowered its stake in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 36.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 92,504 shares of the technology company’s stock after selling 54,112 shares during the quarter. Handelsbanken Fonder AB’s holdings in Jabil were worth $35,658,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors also recently bought and sold shares of the company. Greenline Wealth Management LLC bought a new stake in Jabil during the 4th quarter valued at approximately $28,000. Veracity Capital LLC raised its position in shares of Jabil by 4,144.3% in the 4th quarter. Veracity Capital LLC now owns 3,735 shares of the technology company’s stock worth $31,000 after acquiring an additional 3,647 shares in the last quarter. Virtus Advisers LLC bought a new position in shares of Jabil in the 4th quarter worth approximately $32,000. DV Equities LLC purchased a new position in shares of Jabil in the 4th quarter valued at approximately $34,000. Finally, Wilkerson Advisory Group LLC purchased a new position in shares of Jabil in the 4th quarter valued at approximately $34,000. 93.39% of the stock is owned by institutional investors.
Insider Activity
In related news, EVP Matthew Crowley sold 94 shares of the company’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 owned 57,536 shares in the company, valued at $19,849,920. The trade was a 0.16% decrease in their position. The sale 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.
Jabil Stock Performance
Jabil (NYSE:JBL – Get Free Report) last posted its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, beating analysts’ consensus estimates 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%.The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter last year, the company earned $2.55 EPS. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. Equities research analysts anticipate that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.
Jabil Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th will be given 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 payout ratio is currently 4.00%.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on JBL shares. Zacks Research raised Jabil from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 2nd. Robert W. Baird raised their price objective on Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a research report on Thursday, June 18th. Barclays boosted their target price on shares of Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. The Goldman Sachs Group upped their target price on shares of Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Finally, JPMorgan Chase & Co. increased their price target on shares of Jabil from $395.00 to $450.00 and gave the stock an “overweight” rating in a research note on Thursday, June 18th. 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 company currently has an average rating of “Buy” and an average target price of $453.67.
Read Our Latest Stock Analysis on JBL
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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