76,488 Shares in Jabil, Inc. $JBL Bought by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in Jabil, Inc. (NYSE:JBL - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 76,488 shares of the technology company's stock, valued at approximately $29,485,000. Jabil comprises approximately 1.0% of Livforsakringsbolaget Skandia Omsesidigt's investment portfolio, making the stock its 22nd biggest position. Livforsakringsbolaget Skandia Omsesidigt owned about 0.07% of Jabil as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JBL. BlackRock Inc. acquired a new stake in shares of Jabil in the 2nd quarter valued at approximately $3,905,704,000. Primecap Management Co. CA acquired a new position in Jabil during the second quarter valued at approximately $1,220,861,000. Norges Bank acquired a new position in Jabil during the fourth quarter valued at approximately $407,299,000. Bank of America Corp DE bought a new stake in Jabil in the second quarter valued at approximately $447,882,000. Finally, Bank of New York Mellon Corp acquired a new stake in Jabil in the second quarter worth $411,079,000. Institutional investors own 93.39% of the company's stock.

Insider Activity

In other news, EVP Matthew Crowley sold 94 shares of the 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 sale, the executive vice president owned 57,536 shares of the company's stock, valued at approximately $19,849,920. This represents a 0.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.35% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

JBL has been the subject of several recent analyst reports. Weiss Ratings downgraded Jabil from a "buy (b)" rating to a "buy (b-)" rating in a report on Wednesday, August 12th. Raymond James Financial raised their target price on shares of Jabil from $425.00 to $450.00 and gave the stock a "strong-buy" rating in a report on Thursday, June 18th. Argus set a $475.00 price target on shares of Jabil in a research note on Thursday, June 18th. Barclays increased their price objective on shares of Jabil from $304.00 to $426.00 and gave the stock an "overweight" rating in a research report on Thursday, June 18th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $453.67.

Jabil Trading Down 3.4%

Shares of NYSE:JBL opened at $301.69 on Friday. The company's 50-day moving average price is $333.51 and its two-hundred day moving average price is $317.61. Jabil, Inc. has a one year low of $189.60 and a one year high of $428.93. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66. The stock has a market capitalization of $31.61 billion, a PE ratio of 37.66, a price-to-earnings-growth ratio of 0.93 and a beta of 1.30.

Jabil (NYSE:JBL - Get Free Report) last announced its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 earnings per share 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 during the quarter, compared to analysts' expectations of $8.61 billion. During the same quarter last year, the company earned $2.55 EPS. Jabil'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 analysts forecast that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Dividend Announcement

The business also recently declared 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 payout ratio is 4.00%.

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.

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