Jabil, Inc. $JBL Shares Sold by Handelsbanken Fonder AB

Handelsbanken Fonder AB cut its holdings in shares of Jabil, Inc. (NYSE:JBL) by 0.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 236,548 shares of the technology company’s stock after selling 1,800 shares during the quarter. Handelsbanken Fonder AB owned 0.22% of Jabil worth $51,591,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Boston Partners raised its stake in shares of Jabil by 223.9% in the second quarter. Boston Partners now owns 1,896,010 shares of the technology company’s stock valued at $413,537,000 after acquiring an additional 1,310,667 shares in the last quarter. Wellington Management Group LLP increased its holdings in Jabil by 12.9% during the 1st quarter. Wellington Management Group LLP now owns 6,556,153 shares of the technology company’s stock worth $892,096,000 after purchasing an additional 747,423 shares during the period. Jacobs Levy Equity Management Inc. raised its position in Jabil by 119.9% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,215,678 shares of the technology company’s stock valued at $165,417,000 after purchasing an additional 662,938 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its position in Jabil by 4,593.2% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 636,776 shares of the technology company’s stock valued at $138,881,000 after purchasing an additional 623,208 shares in the last quarter. Finally, Lord Abbett & CO. LLC purchased a new position in shares of Jabil in the 1st quarter valued at about $81,378,000. Institutional investors and hedge funds own 93.39% of the company’s stock.

Insider Buying and Selling

In other news, Chairman Mark T. Mondello sold 20,000 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $220.83, for a total value of $4,416,600.00. Following the completion of the sale, the chairman directly owned 1,228,359 shares of the company’s stock, valued at approximately $271,258,517.97. This represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Gregory B. Hebard sold 6,086 shares of the firm’s stock in a transaction that occurred on Tuesday, October 28th. The stock was sold at an average price of $213.54, for a total transaction of $1,299,604.44. Following the transaction, the chief financial officer owned 58,526 shares in the company, valued at approximately $12,497,642.04. This trade represents a 9.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 131,762 shares of company stock valued at $27,886,321 in the last 90 days. Company insiders own 1.73% of the company’s stock.

Jabil Price Performance

Shares of NYSE:JBL opened at $196.81 on Friday. Jabil, Inc. has a 12 month low of $108.66 and a 12 month high of $237.14. The firm has a market capitalization of $21.03 billion, a P/E ratio of 33.02, a P/E/G ratio of 1.58 and a beta of 1.26. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 0.66. The company’s fifty day moving average price is $210.76 and its 200 day moving average price is $204.16.

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 the consensus estimate 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 analyst estimates of $7.63 billion. During the same quarter last year, the company posted $2.30 earnings per share. The business’s quarterly 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. As a group, sell-side analysts predict that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.

Jabil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th will be given 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 yield of 0.2%. Jabil’s payout ratio is 5.37%.

Analyst Ratings Changes

A number of analysts recently weighed in on JBL shares. Bank of America upped their target price on shares of Jabil from $245.00 to $255.00 and gave the stock a “buy” rating in a research note on Friday, September 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of Jabil in a report on Tuesday, October 14th. Wall Street Zen raised shares of Jabil from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 3rd. UBS Group set a $241.00 price objective on shares of Jabil in a research report on Sunday, September 28th. Finally, Barclays increased their target price on Jabil from $223.00 to $267.00 and gave the company an “overweight” rating in a report on Friday, September 26th. 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 company’s stock. According to MarketBeat, Jabil presently has an average rating of “Moderate Buy” and a consensus price target of $248.43.

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).