Handelsbanken Fonder AB Sells 54,112 Shares of Jabil, Inc. $JBL

Handelsbanken Fonder AB cut its stake in Jabil, Inc. (NYSE:JBL) by 36.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 92,504 shares of the technology company’s stock after selling 54,112 shares during the period. Handelsbanken Fonder AB owned about 0.09% of Jabil worth $35,658,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Integrated Wealth Concepts LLC boosted its holdings in shares of Jabil by 34.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,811 shares of the technology company’s stock worth $382,000 after purchasing an additional 720 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Jabil by 70.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,320 shares of the technology company’s stock valued at $2,493,000 after purchasing an additional 7,602 shares during the last quarter. Focus Partners Wealth raised its holdings in shares of Jabil by 20.0% during the 1st quarter. Focus Partners Wealth now owns 4,967 shares of the technology company’s stock valued at $676,000 after buying an additional 829 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Jabil by 50.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 582 shares of the technology company’s stock valued at $79,000 after buying an additional 194 shares in the last quarter. Finally, Jump Financial LLC bought a new stake in Jabil in the 2nd quarter worth approximately $488,000. Institutional investors own 93.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on JBL. Bank of America reaffirmed a “buy” rating and issued a $470.00 target price on shares of Jabil in a research note on Thursday, June 18th. The Goldman Sachs Group lifted their price target on shares of Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Stifel Nicolaus set a $460.00 price objective on shares of Jabil and gave the stock a “buy” rating in a report on Thursday, June 18th. Barclays upped their price objective on shares of Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a research note on Thursday, June 18th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Jabil from $395.00 to $450.00 and gave the stock an “overweight” rating in a research report on Thursday, June 18th. Two analysts have rated the stock with a Strong Buy rating and eight have issued a Buy rating to the company. Based on data from MarketBeat.com, Jabil has a consensus rating of “Buy” and a consensus target price of $453.67.

Insider Buying and Selling at Jabil

In other news, EVP Matthew Crowley sold 94 shares of Jabil stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $345.00, for a total value of $32,430.00. Following the sale, the executive vice president directly owned 57,536 shares in the company, valued at approximately $19,849,920. This trade represents a 0.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.35% of the company’s stock.

Jabil Price Performance

JBL stock opened at $356.69 on Wednesday. The firm’s 50-day moving average price is $343.95 and its two-hundred day moving average price is $310.13. Jabil, Inc. has a 12-month low of $189.60 and a 12-month high of $428.93. The stock has a market capitalization of $37.38 billion, a price-to-earnings ratio of 44.53, a PEG ratio of 1.01 and a beta of 1.30. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17.

Jabil (NYSE:JBL) last posted its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, topping analysts’ consensus estimates of $3.10 by $0.06. The company had revenue of $8.75 billion during the quarter, compared to analyst estimates of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. Jabil’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period in the prior year, the business posted $2.55 earnings per share. 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, equities analysts predict that Jabil, Inc. will post 11.71 earnings per share for the current year.

Jabil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Friday, August 14th will be issued a $0.08 dividend. The ex-dividend date is Friday, August 14th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s dividend payout ratio (DPR) is 4.00%.

Jabil 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.