Man Group plc Takes $57.23 Million Position in Jabil, Inc. $JBL

Man Group plc acquired a new position in shares of Jabil, Inc. (NYSE:JBL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 148,474 shares of the technology company’s stock, valued at approximately $57,234,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in JBL. Rakuten Securities Inc. acquired a new position in Jabil during the 2nd quarter worth approximately $25,000. Greenline Wealth Management LLC acquired a new stake in Jabil in the fourth quarter valued at approximately $28,000. Virtus Advisers LLC bought a new stake in shares of Jabil during the fourth quarter valued at approximately $32,000. DV Equities LLC bought a new stake in shares of Jabil during the fourth quarter valued at approximately $34,000. Finally, Wilkerson Advisory Group LLC acquired a new position in shares of Jabil during the fourth quarter worth approximately $34,000. 93.39% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

JBL has been the subject of several research reports. UBS Group raised shares of Jabil from a “neutral” rating to a “buy” rating and set a $430.00 price target for the company in a research report on Tuesday, August 11th. Weiss Ratings lowered shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Zacks Research downgraded shares of Jabil from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. Barclays upped their target price on shares of Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a report on Thursday, June 18th. Finally, Stifel Nicolaus set a $460.00 price objective on Jabil and gave the stock a “buy” rating in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $453.67.

Jabil Stock Performance

NYSE JBL opened at $309.05 on Wednesday. The company has a fifty day moving average price of $337.34 and a 200-day moving average price of $316.85. The firm has a market cap of $32.38 billion, a price-to-earnings ratio of 38.58, a PEG ratio of 0.91 and a beta of 1.30. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66. Jabil, Inc. has a 1 year low of $189.60 and a 1 year high of $428.93.

Jabil (NYSE:JBL) last released its quarterly 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 net margin of 2.57% and a return on equity of 83.93%. The company had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.61 billion. During the same period last year, the firm earned $2.55 earnings per share. The firm’s 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, equities research analysts predict that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Dividend Announcement

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

Insider Buying and Selling at Jabil

In other news, EVP Matthew Crowley sold 94 shares of the company’s 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 completion of the transaction, the executive vice president directly owned 57,536 shares of the company’s stock, valued at $19,849,920. This represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.35% of the stock is owned by insiders.

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.