Jabil, Inc. $JBL Shares Acquired by Legal & General Group Plc

Legal & General Group Plc lifted its holdings in Jabil, Inc. (NYSE:JBL) by 0.9% during the second quarter, Holdings Channel reports. The institutional investor owned 413,902 shares of the technology company’s stock after purchasing an additional 3,752 shares during the quarter. Legal & General Group Plc’s holdings in Jabil were worth $90,272,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. GFG Capital LLC purchased a new stake in shares of Jabil during the 2nd quarter worth $26,000. Traub Capital Management LLC acquired a new stake in shares of Jabil in the second quarter valued at about $33,000. Groupe la Francaise boosted its holdings in Jabil by 35.2% during the first quarter. Groupe la Francaise now owns 246 shares of the technology company’s stock worth $34,000 after buying an additional 64 shares in the last quarter. Assetmark Inc. grew its position in Jabil by 45.8% during the second quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock worth $34,000 after buying an additional 49 shares during the period. Finally, Westside Investment Management Inc. increased its holdings in Jabil by 757.1% in the second quarter. Westside Investment Management Inc. now owns 180 shares of the technology company’s stock valued at $39,000 after buying an additional 159 shares in the last quarter. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Jabil Stock Up 3.5%

Shares of NYSE:JBL opened at $204.05 on Wednesday. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 1.57. The company has a market capitalization of $21.80 billion, a P/E ratio of 34.24, a P/E/G ratio of 1.58 and a beta of 1.26. Jabil, Inc. has a 52-week low of $108.66 and a 52-week high of $237.14. The stock’s fifty day simple moving average is $210.19 and its 200-day simple moving average is $205.56.

Jabil (NYSE:JBL) last announced its earnings results on Thursday, September 25th. The technology company reported $3.29 earnings per share for the quarter, beating the consensus estimate of $2.92 by $0.37. The firm had revenue of $8.25 billion during the quarter, compared to the consensus estimate of $7.63 billion. Jabil had a net margin of 2.20% and a return on equity of 68.63%. The firm’s revenue for the quarter was up 18.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.30 EPS. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. As a group, equities research analysts forecast that Jabil, Inc. will post 8.05 earnings per share for the current fiscal 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 paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, November 17th. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Jabil’s dividend payout ratio is presently 5.37%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on JBL. Bank of America boosted their price target on Jabil from $245.00 to $255.00 and gave the stock a “buy” rating in a research note on Friday, September 26th. Wall Street Zen upgraded Jabil from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 3rd. Raymond James Financial set a $260.00 price target on Jabil in a research report on Thursday, September 25th. Zacks Research lowered shares of Jabil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Jabil in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $248.43.

Insider Activity

In other Jabil news, SVP Gary K. Schick sold 453 shares of Jabil stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $220.69, for a total value of $99,972.57. Following the completion of the sale, the senior vice president directly owned 42,208 shares of the company’s stock, valued at approximately $9,314,883.52. The trade was a 1.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Gregory B. Hebard sold 6,086 shares of the stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of $213.54, for a total value of $1,299,604.44. Following the transaction, the chief financial officer directly owned 58,526 shares in the company, valued at approximately $12,497,642.04. This represents a 9.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 131,762 shares of company stock valued at $27,886,321 in the last 90 days. Insiders own 1.73% of the company’s stock.

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).