Northwestern Mutual Wealth Management Co. acquired a new position in Jabil, Inc. (NYSE:JBL - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,291 shares of the technology company's stock, valued at approximately $4,738,000.
Several other institutional investors have also added to or reduced their stakes in the company. Rakuten Securities Inc. bought a new position in shares of Jabil during the second quarter valued at approximately $25,000. Greenline Wealth Management LLC purchased a new stake in shares of Jabil in the fourth quarter worth approximately $28,000. Veracity Capital LLC lifted its stake in shares of Jabil by 4,144.3% during the 4th quarter. Veracity Capital LLC now owns 3,735 shares of the technology company's stock worth $31,000 after acquiring an additional 3,647 shares during the last quarter. Virtus Advisers LLC purchased a new position in Jabil during the 4th quarter valued at $32,000. Finally, DV Equities LLC purchased a new position in Jabil during the 4th quarter valued at $34,000. Institutional investors own 93.39% of the company's stock.
Jabil Trading Down 0.1%
JBL opened at $312.91 on Monday. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17. The stock's fifty day moving average is $340.28 and its two-hundred day moving average is $315.92. The company has a market capitalization of $32.79 billion, a P/E ratio of 39.06, a PEG ratio of 0.94 and a beta of 1.30. Jabil, Inc. has a 52 week low of $189.60 and a 52 week high of $428.93.
Jabil (NYSE:JBL - Get Free Report) last issued its earnings results 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 return on equity of 83.93% and a net margin of 2.57%.The business had revenue of $8.75 billion during the quarter, compared to analysts' expectations of $8.61 billion. During the same period in the prior year, the business earned $2.55 EPS. The business'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. Analysts forecast 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 $0.08 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil's dividend payout ratio is 4.00%.
Insider Transactions at Jabil
In other Jabil news, EVP Matthew Crowley sold 94 shares of the stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $345.00, for a total transaction of $32,430.00. Following the transaction, the executive vice president directly owned 57,536 shares in the company, valued at $19,849,920. This represents a 0.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.35% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
A number of analysts have weighed in on JBL shares. The Goldman Sachs Group increased their target price on Jabil from $384.00 to $482.00 and gave the stock a "buy" rating in a research note on Thursday, June 18th. Argus set a $475.00 price target on shares of Jabil in a report on Thursday, June 18th. JPMorgan Chase & Co. raised their price target on shares of Jabil from $395.00 to $450.00 and gave the stock an "overweight" rating in a research note on Thursday, June 18th. Weiss Ratings lowered shares of Jabil from a "buy (b)" rating to a "buy (b-)" rating in a report on Wednesday, August 12th. Finally, Robert W. Baird boosted their price objective on shares of Jabil from $355.00 to $440.00 and gave the company an "outperform" rating in a research 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 given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $453.67.
Get Our Latest Stock Report on Jabil
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
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.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Jabil, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jabil wasn't on the list.
While Jabil currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Robotics and automation are rapidly becoming essential infrastructure across healthcare, manufacturing, logistics, and many other industries.
"Physical AI" is coming to the United States, and there are four ways that investors can gain exposure to this new robotics revolution. Plus, learn which seven companies are most positioned to benefit as intelligent robots enter the workforce.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
