The Manufacturers Life Insurance Company Purchases Shares of 52,695 Jabil, Inc. $JBL

The Manufacturers Life Insurance Company purchased a new stake in Jabil, Inc. (NYSE:JBL - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The firm purchased 52,695 shares of the technology company's stock, valued at approximately $20,313,000. The Manufacturers Life Insurance Company owned approximately 0.05% of Jabil as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Todd Asset Management LLC boosted its position in shares of Jabil by 1.9% in the 4th quarter. Todd Asset Management LLC now owns 336,356 shares of the technology company's stock worth $76,696,000 after purchasing an additional 6,179 shares in the last quarter. Jefferies Financial Group Inc. acquired a new position in Jabil during the 4th quarter valued at about $7,061,000. Jackson Creek Investment Advisors LLC increased its position in Jabil by 386.2% during the 4th quarter. Jackson Creek Investment Advisors LLC now owns 11,290 shares of the technology company's stock valued at $2,574,000 after buying an additional 8,968 shares in the last quarter. Western Wealth Management LLC purchased a new stake in Jabil in the first quarter valued at about $1,333,000. Finally, Allstate Corp raised its stake in Jabil by 98.0% in the fourth quarter. Allstate Corp now owns 7,959 shares of the technology company's stock valued at $1,815,000 after buying an additional 3,939 shares during the last quarter. Hedge funds and other institutional investors own 93.39% of the company's stock.

Analysts Set New Price Targets

JBL has been the topic of several recent analyst reports. Argus set a $475.00 price objective on shares of Jabil in a report on Thursday, June 18th. Stifel Nicolaus set a $460.00 target price on shares of Jabil and gave the stock a "buy" rating in a research note on Thursday, June 18th. Zacks Research downgraded shares of Jabil from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 17th. Bank of America reaffirmed a "buy" rating and issued a $470.00 price target on shares of Jabil in a report on Thursday, June 18th. Finally, Raymond James Financial lifted their price objective on shares of Jabil from $425.00 to $450.00 and gave the stock a "strong-buy" rating in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $453.67.

Jabil Trading Up 0.5%

Shares of NYSE:JBL opened at $312.60 on Friday. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17. Jabil, Inc. has a 52-week low of $189.60 and a 52-week high of $428.93. The stock has a market cap of $32.76 billion, a price-to-earnings ratio of 39.03, a PEG ratio of 0.93 and a beta of 1.30. The business has a 50-day moving average price of $334.90 and a 200-day moving average price of $317.72.

Jabil (NYSE:JBL - Get Free Report) last issued its earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, beating analysts' consensus estimates of $3.10 by $0.06. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The firm had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.61 billion. During the same quarter in the prior year, the firm earned $2.55 earnings per share. Jabil's revenue for the quarter was up 11.8% on a year-over-year basis. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. Equities analysts predict that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Announces Dividend

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

Insider Buying and Selling at Jabil

In related news, EVP Matthew Crowley sold 94 shares of the firm's stock in a transaction on Monday, July 6th. The shares were sold at an average price of $345.00, for a total transaction of $32,430.00. Following the completion of the transaction, the executive vice president owned 57,536 shares of the company's stock, valued at $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.35% of the stock is owned by insiders.

Jabil 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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