Meiji Yasuda Asset Management Co Ltd. Acquires 6,937 Shares of Jabil, Inc. $JBL

Key Points

• Meiji Yasuda Asset Management increased its stake in Jabil by 395.7% in Q3, buying 6,937 shares to hold 8,690 shares valued at about $1.887 million per its Form 13F filing.
• Significant insider selling occurred recently: Chairman Mark T. Mondello sold 50,000 shares for roughly $11.27 million, and insiders sold 161,529 shares (~$37.9 million) over the last three months, leaving insiders with about 1.35% ownership.
• Jabil topped Q3 expectations and issued strong guidance: it reported $2.85 EPS (vs. $2.70 est.) and $8.31B revenue (up 18.7% YoY), set FY2026 EPS at 11.55, and carries a MarketBeat consensus of "Moderate Buy" with a ~$264 price target.

Meiji Yasuda Asset Management Co Ltd. grew its holdings in shares of Jabil, Inc. (NYSE:JBL - Free Report) by 395.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,690 shares of the technology company's stock after buying an additional 6,937 shares during the period. Meiji Yasuda Asset Management Co Ltd.'s holdings in Jabil were worth $1,887,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Assetmark Inc. boosted its holdings in Jabil by 45.8% in the second quarter. Assetmark Inc. now owns 156 shares of the technology company's stock valued at $34,000 after acquiring an additional 49 shares in the last quarter. Savant Capital LLC raised its holdings in Jabil by 0.9% in the 3rd quarter. Savant Capital LLC now owns 5,828 shares of the technology company's stock worth $1,266,000 after purchasing an additional 54 shares in the last quarter. AlphaCore Capital LLC lifted its position in shares of Jabil by 1.8% in the 2nd quarter. AlphaCore Capital LLC now owns 3,263 shares of the technology company's stock worth $712,000 after purchasing an additional 57 shares during the period. TD Private Client Wealth LLC lifted its position in shares of Jabil by 11.2% in the 3rd quarter. TD Private Client Wealth LLC now owns 584 shares of the technology company's stock worth $127,000 after purchasing an additional 59 shares during the period. Finally, TriaGen Wealth Management LLC boosted its stake in shares of Jabil by 6.7% during the 3rd quarter. TriaGen Wealth Management LLC now owns 1,002 shares of the technology company's stock valued at $218,000 after purchasing an additional 63 shares in the last quarter. Institutional investors own 93.39% of the company's stock.

Insider Activity

In related news, Chairman Mark T. Mondello sold 50,000 shares of the stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $225.32, for a total transaction of $11,266,000.00. Following the sale, the chairman directly owned 1,171,459 shares of the company's stock, valued at approximately $263,953,141.88. This represents a 4.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Adam E. Berry sold 1,596 shares of the firm's stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $253.20, for a total transaction of $404,107.20. Following the sale, the senior vice president owned 18,920 shares of the company's stock, valued at approximately $4,790,544. This represents a 7.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 161,529 shares of company stock valued at $37,901,485. 1.35% of the stock is currently owned by insiders.

Jabil Price Performance

Shares of NYSE JBL opened at $241.10 on Monday. The company has a 50 day simple moving average of $247.58 and a two-hundred day simple moving average of $225.11. Jabil, Inc. has a fifty-two week low of $108.66 and a fifty-two week high of $281.37. The company has a market capitalization of $25.46 billion, a price-to-earnings ratio of 37.50, a P/E/G ratio of 1.54 and a beta of 1.22. The company has a debt-to-equity ratio of 1.77, a quick ratio of 0.67 and a current ratio of 0.99.

Jabil (NYSE:JBL - Get Free Report) last issued its quarterly earnings results on Wednesday, December 17th. The technology company reported $2.85 EPS for the quarter, topping analysts' consensus estimates of $2.70 by $0.15. The firm had revenue of $8.31 billion for the quarter, compared to analysts' expectations of $8.07 billion. Jabil had a return on equity of 75.96% and a net margin of 2.26%.The business's revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.00 EPS. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS. Analysts expect that Jabil, Inc. will post 8.05 EPS for the current fiscal year.

Jabil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 17th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Tuesday, February 17th. Jabil's dividend payout ratio is currently 4.98%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. The Goldman Sachs Group reiterated a "buy" rating and set a $282.00 price target on shares of Jabil in a research report on Thursday, January 15th. Bank of America set a $265.00 target price on Jabil in a report on Thursday, December 18th. Zacks Research lowered Jabil from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 16th. Wall Street Zen cut Jabil from a "strong-buy" rating to a "buy" rating in a research note on Monday, February 23rd. Finally, Barclays upped their price target on Jabil from $267.00 to $283.00 and gave the stock an "overweight" rating in a research note on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $264.14.

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.

Want to see what other hedge funds are holding JBL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jabil, Inc. (NYSE:JBL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.