Korea Investment CORP purchased a new stake in shares of Jabil, Inc. (NYSE:JBL - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 61,019 shares of the technology company's stock, valued at approximately $23,522,000. Korea Investment CORP owned 0.06% of Jabil as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in the company. Rakuten Securities Inc. acquired a new stake in Jabil in the second quarter worth about $25,000. Greenline Wealth Management LLC acquired a new position in Jabil during the 4th quarter valued at about $28,000. Veracity Capital LLC lifted its position in Jabil by 4,144.3% during the 4th quarter. Veracity Capital LLC now owns 3,735 shares of the technology company's stock valued at $31,000 after purchasing an additional 3,647 shares during the period. Virtus Advisers LLC bought a new position in shares of Jabil in the 4th quarter valued at about $32,000. Finally, DV Equities LLC bought a new position in shares of Jabil in the 4th quarter valued at about $34,000. Institutional investors own 93.39% of the company's stock.
Insiders Place Their Bets
In other Jabil news, EVP Matthew Crowley sold 94 shares of the business's stock in a transaction dated 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 approximately $19,849,920. The trade was a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.35% of the company's stock.
Jabil Stock Performance
Shares of JBL stock opened at $312.91 on Monday. The stock has a market cap of $32.79 billion, a PE ratio of 39.06, a price-to-earnings-growth ratio of 0.94 and a beta of 1.30. The stock has a 50-day moving average of $340.28 and a 200-day moving average of $315.92. 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 one year low of $189.60 and a one year high of $428.93.
Jabil (NYSE:JBL - Get Free Report) last released its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, topping the consensus estimate of $3.10 by $0.06. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The business had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.61 billion. During the same quarter last year, the firm earned $2.55 EPS. Jabil's quarterly revenue 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. As a group, sell-side analysts expect that Jabil, Inc. will post 11.71 earnings per share for the current year.
Jabil Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Friday, August 14th will be paid a dividend of $0.08 per share. 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 presently 4.00%.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the stock. Barclays boosted their price target on shares of Jabil from $304.00 to $426.00 and gave the stock an "overweight" rating in a research note on Thursday, June 18th. Raymond James Financial raised their price objective on shares of Jabil from $425.00 to $450.00 and gave the company a "strong-buy" rating in a research note on Thursday, June 18th. Weiss Ratings cut shares of Jabil from a "buy (b)" rating to a "buy (b-)" rating in a research report on Wednesday, August 12th. The Goldman Sachs Group increased their price target on Jabil from $384.00 to $482.00 and gave the company a "buy" rating in a research note on Thursday, June 18th. Finally, Bank of America restated a "buy" rating and issued a $470.00 price target on shares of Jabil in a research report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $453.67.
Read Our Latest Report on JBL
About Jabil
(
Free Report)
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.
Further Reading
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