Bank of New York Mellon Corp Sells 32,461 Shares of Jabil, Inc. $JBL

Bank of New York Mellon Corp trimmed its holdings in shares of Jabil, Inc. (NYSE:JBL) by 3.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 925,753 shares of the technology company’s stock after selling 32,461 shares during the quarter. Bank of New York Mellon Corp’s holdings in Jabil were worth $201,046,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC boosted its holdings in Jabil by 1.2% during the second quarter. Ashton Thomas Private Wealth LLC now owns 4,120 shares of the technology company’s stock valued at $899,000 after acquiring an additional 48 shares during the period. Assetmark Inc. grew its holdings 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 purchasing an additional 49 shares in the last quarter. AlphaCore Capital LLC boosted its stake in Jabil by 1.8% during the second quarter. AlphaCore Capital LLC now owns 3,263 shares of the technology company’s stock worth $712,000 after buying an additional 57 shares in the last quarter. Hantz Financial Services Inc. boosted its position in shares of Jabil by 45.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 189 shares of the technology company’s stock valued at $41,000 after acquiring an additional 59 shares in the last quarter. Finally, TD Private Client Wealth LLC boosted its holdings in Jabil by 11.2% during the third quarter. TD Private Client Wealth LLC now owns 584 shares of the technology company’s stock valued at $127,000 after purchasing an additional 59 shares in the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on JBL. JPMorgan Chase & Co. boosted their price target on shares of Jabil from $260.00 to $270.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. Bank of America boosted their target price on Jabil from $255.00 to $262.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Raymond James Financial reissued a “strong-buy” rating on shares of Jabil in a research note on Thursday, December 18th. Weiss Ratings reissued a “hold (c)” rating on shares of Jabil in a research note on Friday, January 9th. Finally, Zacks Research upgraded shares of Jabil from a “hold” rating to a “strong-buy” rating in a report on Friday, January 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $263.71.

Insider Buying and Selling at Jabil

In other Jabil news, Chairman Mark T. Mondello sold 17,200 shares of Jabil stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $250.00, for a total value of $4,300,000.00. Following the transaction, the chairman owned 1,111,459 shares in the company, valued at $277,864,750. The trade was a 1.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Michael Dastoor sold 15,000 shares of Jabil stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $246.91, for a total transaction of $3,703,650.00. Following the sale, the chief executive officer directly owned 262,566 shares in the company, valued at $64,830,171.06. This trade represents a 5.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 201,560 shares of company stock valued at $46,559,187 over the last three months. 1.35% of the stock is owned by insiders.

Jabil Stock Performance

NYSE JBL opened at $237.16 on Friday. Jabil, Inc. has a 1 year low of $108.66 and a 1 year high of $258.05. The firm has a market capitalization of $25.04 billion, a P/E ratio of 36.88, a price-to-earnings-growth ratio of 1.56 and a beta of 1.25. The firm’s fifty day moving average price is $229.03 and its two-hundred day moving average price is $218.69. The company has a current ratio of 0.99, a quick ratio of 0.67 and a debt-to-equity ratio of 1.77.

Jabil (NYSE:JBL) last posted its quarterly earnings results on Wednesday, December 17th. The technology company reported $2.85 earnings per share for the quarter, beating analysts’ consensus estimates of $2.70 by $0.15. The business had revenue of $8.31 billion for the quarter, compared to analysts’ expectations of $8.07 billion. Jabil had a return on equity of 75.96% and a net margin of 2.26%.The firm’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.00 EPS. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS. As a group, research analysts anticipate that Jabil, Inc. will post 8.05 EPS for the current year.

Jabil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 17th will be given 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 is Tuesday, February 17th. Jabil’s dividend payout ratio is presently 4.98%.

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.