Swiss National Bank grew its position in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 5.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 309,900 shares of the technology company’s stock after acquiring an additional 15,800 shares during the quarter. Swiss National Bank’s holdings in Jabil were worth $82,319,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of JBL. State Street Corp increased its position in Jabil by 0.7% in the third quarter. State Street Corp now owns 5,199,646 shares of the technology company’s stock worth $1,129,207,000 after purchasing an additional 36,646 shares during the last quarter. Primecap Management Co. CA lifted its position in Jabil by 0.4% during the fourth quarter. Primecap Management Co. CA now owns 3,343,670 shares of the technology company’s stock valued at $762,424,000 after purchasing an additional 12,600 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Jabil by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 2,913,157 shares of the technology company’s stock worth $661,783,000 after buying an additional 42,422 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Jabil by 45.7% in the 4th quarter. JPMorgan Chase & Co. now owns 1,884,545 shares of the technology company’s stock worth $429,714,000 after buying an additional 591,364 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Jabil in the 4th quarter worth about $407,299,000. 93.39% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Jabil
In other Jabil news, EVP Matthew Crowley sold 94 shares of the business’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $345.00, for a total value of $32,430.00. Following the completion of the sale, the executive vice president directly owned 57,536 shares of the company’s stock, valued at $19,849,920. The trade was a 0.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Gary K. Schick sold 1,000 shares of the company’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $340.00, for a total transaction of $340,000.00. Following the completion of the transaction, the senior vice president owned 39,843 shares in the company, valued at $13,546,620. This represents a 2.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.35% of the company’s stock.
Jabil Price Performance
Jabil (NYSE:JBL – Get Free Report) last announced its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, beating the consensus estimate of $3.10 by $0.06. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The company had revenue of $8.75 billion for the quarter, compared to the consensus estimate of $8.61 billion. During the same quarter in the prior year, the company posted $2.55 EPS. Jabil’s quarterly revenue was up 11.8% on a year-over-year basis. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. As a group, sell-side analysts predict that Jabil, Inc. will post 11.71 earnings per share for the current year.
Jabil Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Friday, August 14th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Friday, August 14th. Jabil’s dividend payout ratio (DPR) is currently 4.00%.
Analyst Ratings Changes
Several analysts have recently issued reports on JBL shares. Barclays upped their target price on shares of Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. Robert W. Baird boosted their price objective on Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a research note on Thursday, June 18th. Bank of America reaffirmed a “buy” rating and issued a $470.00 price objective on shares of Jabil in a research note on Thursday, June 18th. Weiss Ratings upgraded Jabil from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, July 1st. Finally, Stifel Nicolaus set a $460.00 target price on Jabil and gave the company 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 company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $453.67.
About Jabil
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.
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