Jabil, Inc. $JBL Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its holdings in Jabil, Inc. (NYSE:JBL) by 3.7% during the 1st quarter, Holdings Channel reports. The firm owned 771,350 shares of the technology company’s stock after selling 29,642 shares during the quarter. Bank of New York Mellon Corp’s holdings in Jabil were worth $204,894,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Todd Asset Management LLC lifted its holdings in Jabil by 1.9% in the 4th quarter. Todd Asset Management LLC now owns 336,356 shares of the technology company’s stock valued at $76,696,000 after purchasing an additional 6,179 shares in the last quarter. Jackson Creek Investment Advisors LLC grew its holdings in shares of Jabil by 386.2% during the fourth quarter. Jackson Creek Investment Advisors LLC now owns 11,290 shares of the technology company’s stock worth $2,574,000 after buying an additional 8,968 shares in the last quarter. Jefferies Financial Group Inc. acquired a new position in shares of Jabil in the fourth quarter valued at approximately $7,061,000. Allstate Corp lifted its stake in shares of Jabil by 98.0% during the fourth quarter. Allstate Corp now owns 7,959 shares of the technology company’s stock valued at $1,815,000 after buying an additional 3,939 shares during the period. Finally, National Pension Service lifted its stake in shares of Jabil by 582.6% during the fourth quarter. National Pension Service now owns 224,903 shares of the technology company’s stock valued at $51,282,000 after buying an additional 191,956 shares during the period. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Jabil Trading Down 2.0%

JBL stock opened at $300.81 on Friday. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17. The company has a market cap of $31.52 billion, a price-to-earnings ratio of 37.55, a PEG ratio of 0.90 and a beta of 1.28. The business has a fifty day simple moving average of $355.90 and a 200-day simple moving average of $299.35. Jabil, Inc. has a 52 week low of $189.60 and a 52 week high of $428.93.

Jabil (NYSE:JBL) last issued its earnings results 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. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The firm had revenue of $8.75 billion for the quarter, compared to analysts’ expectations of $8.61 billion. During the same quarter last year, the firm earned $2.55 earnings per share. The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. On average, equities research analysts expect that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th will be paid 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%.

Insider Transactions at Jabil

In related news, EVP Matthew Crowley sold 94 shares of the firm’s stock in a transaction that occurred on 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 approximately $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Gary K. Schick sold 1,000 shares of Jabil stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $340.00, for a total transaction of $340,000.00. Following the transaction, the senior vice president directly owned 39,843 shares in the company, valued at approximately $13,546,620. This trade represents a 2.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 4,263 shares of company stock worth $1,418,200. 1.35% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms have commented on JBL. Raymond James Financial lifted their target price on shares of Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a research note on Thursday, June 18th. JPMorgan Chase & Co. increased their price target on Jabil from $395.00 to $450.00 and gave the stock an “overweight” rating in a research note on Thursday, June 18th. Barclays raised their price objective on Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a report on Thursday, June 18th. Weiss Ratings upgraded Jabil from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 1st. Finally, The Goldman Sachs Group increased their target price on Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $453.67.

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.