Northwestern Mutual Wealth Management Co. Buys Shares of 12,291 Jabil, Inc. $JBL

Northwestern Mutual Wealth Management Co. purchased a new position in Jabil, Inc. (NYSE:JBL) in the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 12,291 shares of the technology company’s stock, valued at approximately $4,738,000.

Other hedge funds have also recently made changes to their positions in the company. Rakuten Securities Inc. bought a new stake in Jabil during the second quarter valued at about $25,000. Bell Investment Advisors Inc bought a new position in Jabil in the second quarter worth about $35,000. Persistent Asset Partners Ltd purchased a new stake in shares of Jabil during the second quarter valued at about $45,000. Greenline Wealth Management LLC bought a new stake in shares of Jabil in the 4th quarter valued at about $28,000. Finally, Virtus Advisers LLC bought a new stake in shares of Jabil in the 4th quarter valued at about $32,000. 93.39% of the stock is currently owned by hedge funds and other institutional investors.

Jabil Stock Performance

JBL opened at $312.91 on Monday. The company has a market cap of $32.79 billion, a P/E ratio of 39.06, a price-to-earnings-growth ratio of 0.94 and a beta of 1.30. 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 firm’s 50-day moving average price is $340.28 and its 200-day moving average price is $315.92. Jabil, Inc. has a 52-week low of $189.60 and a 52-week high of $428.93.

Jabil (NYSE:JBL) last released its earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.06. The company had revenue of $8.75 billion during the quarter, compared to analysts’ expectations of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. Jabil’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period last year, the business earned $2.55 EPS. 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, equities analysts anticipate that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Announces Dividend

The business 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 dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Friday, August 14th. Jabil’s payout ratio is presently 4.00%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on JBL. Argus set a $475.00 price objective on shares of Jabil in a research note on Thursday, June 18th. The Goldman Sachs Group raised their target price on shares of Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. UBS Group raised shares of Jabil from a “neutral” rating to a “buy” rating and set a $430.00 price target on the stock in a report on Tuesday, August 11th. Bank of America reaffirmed a “buy” rating and set a $470.00 price target on shares of Jabil in a research report on Thursday, June 18th. Finally, Stifel Nicolaus set a $460.00 price objective on Jabil and gave the company a “buy” rating in a report 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 assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $453.67.

Insider Buying and Selling at Jabil

In other news, EVP Matthew Crowley sold 94 shares of the business’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 sale, the executive vice president directly owned 57,536 shares of the company’s stock, valued at $19,849,920. The trade was a 0.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.35% of the stock is owned by company insiders.

About Jabil

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.