Prudential Financial Inc. Buys 4,389 Shares of Jabil, Inc. $JBL

Prudential Financial Inc. lifted its stake in shares of Jabil, Inc. (NYSE:JBL) by 6.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 72,257 shares of the technology company’s stock after purchasing an additional 4,389 shares during the period. Prudential Financial Inc. owned 0.07% of Jabil worth $15,759,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of JBL. GFG Capital LLC bought a new position in Jabil during the second quarter valued at $26,000. Traub Capital Management LLC purchased a new position in shares of Jabil during the 2nd quarter valued at $33,000. Assetmark Inc. grew its stake in shares of Jabil by 45.8% during the 2nd quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock worth $34,000 after acquiring an additional 49 shares during the period. Westside Investment Management Inc. grew its stake in shares of Jabil by 757.1% during the 2nd quarter. Westside Investment Management Inc. now owns 180 shares of the technology company’s stock worth $39,000 after acquiring an additional 159 shares during the period. Finally, Hantz Financial Services Inc. increased its holdings in Jabil by 45.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 189 shares of the technology company’s stock worth $41,000 after acquiring an additional 59 shares during the last quarter. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Insider Buying and Selling

In related news, SVP May Yee Yap sold 8,858 shares of the firm’s 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 sale, the senior vice president directly owned 25,421 shares of the company’s stock, valued at $5,720,487.63. This trade represents a 25.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Kristine Melachrino sold 6,579 shares of the business’s stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $213.40, for a total transaction of $1,403,958.60. Following the completion of the transaction, the executive vice president directly owned 33,718 shares of the company’s stock, valued at approximately $7,195,421.20. This represents a 16.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 131,762 shares of company stock valued at $27,886,321 in the last 90 days. 1.73% of the stock is owned by company insiders.

Jabil Stock Up 1.8%

JBL opened at $207.63 on Thursday. The firm has a market capitalization of $22.18 billion, a P/E ratio of 34.84, a price-to-earnings-growth ratio of 1.58 and a beta of 1.26. Jabil, Inc. has a one year low of $108.66 and a one year high of $237.14. The company has a fifty day moving average price of $210.08 and a 200-day moving average price of $205.57. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 0.66.

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

Jabil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Monday, November 17th will be issued 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 payout ratio is presently 5.37%.

Wall Street Analysts Forecast Growth

JBL has been the topic of several recent research reports. Zacks Research downgraded shares of Jabil from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 26th. Barclays boosted their price target on shares of Jabil from $223.00 to $267.00 and gave the company an “overweight” rating in a research report on Friday, September 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a report on Tuesday, October 14th. Bank of America lifted their price objective on shares of Jabil from $245.00 to $255.00 and gave the company a “buy” rating in a research note on Friday, September 26th. Finally, Raymond James Financial set a $260.00 target price on Jabil in a research report on Thursday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $248.43.

Jabil Company 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).