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PensionDanmark Pensionsforsikringsaktieselskab Increases Stock Holdings in Jabil, Inc. $JBL

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Key Points

  • PensionDanmark increased its Jabil stake by 206.9% in the second quarter, acquiring 8,734 additional shares and bringing its holdings to 12,955 shares valued at approximately $4.99 million.
  • Institutional investors and hedge funds own 93.39% of Jabil, while analysts maintain a consensus “Buy” rating with an average price target of $453.67.
  • Jabil reported quarterly earnings of $3.16 per share and revenue of $8.75 billion, exceeding estimates, with revenue up 11.8% year over year; the company also declared a quarterly dividend of $0.08 per share.
  • MarketBeat previews the top five stocks to own by September 1st.

PensionDanmark Pensionsforsikringsaktieselskab increased its stake in Jabil, Inc. (NYSE:JBL - Free Report) by 206.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,955 shares of the technology company's stock after acquiring an additional 8,734 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab's holdings in Jabil were worth $4,994,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC increased its stake in shares of Jabil by 34.4% during the first quarter. Integrated Wealth Concepts LLC now owns 2,811 shares of the technology company's stock worth $382,000 after purchasing an additional 720 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Jabil by 70.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,320 shares of the technology company's stock worth $2,493,000 after purchasing an additional 7,602 shares during the last quarter. Focus Partners Wealth lifted its stake in Jabil by 20.0% in the 1st quarter. Focus Partners Wealth now owns 4,967 shares of the technology company's stock valued at $676,000 after buying an additional 829 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in Jabil by 50.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 582 shares of the technology company's stock valued at $79,000 after buying an additional 194 shares in the last quarter. Finally, Jump Financial LLC acquired a new stake in Jabil in the 2nd quarter worth about $488,000. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Jabil

In other Jabil news, EVP Matthew Crowley sold 94 shares of the firm's stock in a transaction 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 directly owned 57,536 shares of the company's stock, valued at $19,849,920. This trade represents a 0.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.35% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on JBL shares. Zacks Research upgraded Jabil from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 2nd. JPMorgan Chase & Co. raised their target price on Jabil from $395.00 to $450.00 and gave the company an "overweight" rating in a research report on Thursday, June 18th. Bank of America reaffirmed a "buy" rating and issued a $470.00 price target on shares of Jabil in a research note on Thursday, June 18th. UBS Group increased their price objective on Jabil from $380.00 to $430.00 and gave the company a "neutral" rating in a research note on Thursday, June 18th. Finally, Weiss Ratings upgraded Jabil from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, July 1st. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $453.67.

Read Our Latest Stock Analysis on Jabil

Jabil Stock Down 0.1%

JBL stock opened at $340.85 on Monday. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17. The firm has a 50-day moving average of $344.74 and a two-hundred day moving average of $308.77. Jabil, Inc. has a 12 month low of $189.60 and a 12 month high of $428.93. The company has a market cap of $35.72 billion, a price-to-earnings ratio of 42.55, a PEG ratio of 1.02 and a beta of 1.30.

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 for the quarter, compared to analysts' expectations of $8.61 billion. During the same period in the previous year, the firm posted $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. As a group, analysts forecast that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.

Jabil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Friday, August 14th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date is Friday, August 14th. Jabil's dividend payout ratio is presently 4.00%.

Jabil Company Profile

(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.

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Institutional Ownership by Quarter for Jabil (NYSE:JBL)

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