Jabil, Inc. $JBL Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. cut its position in Jabil, Inc. (NYSE:JBL) by 3.7% in the 1st quarter, Holdings Channel.com reports. The firm owned 231,542 shares of the technology company’s stock after selling 8,811 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Jabil were worth $61,505,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Resona Asset Management Co. Ltd. lifted its holdings in Jabil by 0.9% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 33,432 shares of the technology company’s stock worth $8,774,000 after buying an additional 311 shares in the last quarter. Resonant Capital Advisors LLC boosted its position in Jabil by 3.5% in the 1st quarter. Resonant Capital Advisors LLC now owns 3,312 shares of the technology company’s stock valued at $880,000 after buying an additional 113 shares during the last quarter. Swedbank AB grew its stake in shares of Jabil by 3.7% during the first quarter. Swedbank AB now owns 29,377 shares of the technology company’s stock valued at $7,803,000 after acquiring an additional 1,046 shares in the last quarter. Collaborative Fund Advisors LLC acquired a new stake in shares of Jabil during the first quarter valued at about $241,000. Finally, Abel Hall LLC purchased a new stake in shares of Jabil during the first quarter worth about $208,000. 93.39% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Jabil news, SVP May Yee Yap sold 1,634 shares of Jabil stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $306.74, for a total value of $501,213.16. Following the completion of the transaction, the senior vice president owned 23,787 shares of the company’s stock, valued at $7,296,424.38. The trade was a 6.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Matthew Crowley sold 94 shares of Jabil stock in a transaction on Monday, July 6th. The stock was 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 directly owned 57,536 shares of the company’s stock, valued at approximately $19,849,920. This represents a 0.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 11,023 shares of company stock worth $3,546,969. Corporate insiders own 1.35% of the company’s stock.

Jabil Stock Down 0.7%

Shares of Jabil stock traded down $2.48 during trading on Friday, reaching $330.03. The company had a trading volume of 764,079 shares, compared to its average volume of 1,584,968. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98. Jabil, Inc. has a fifty-two week low of $189.60 and a fifty-two week high of $428.93. The firm’s fifty day moving average is $359.43 and its 200-day moving average is $296.52. The company has a market cap of $34.58 billion, a price-to-earnings ratio of 41.20, a price-to-earnings-growth ratio of 0.99 and a beta of 1.28.

Jabil (NYSE:JBL) last posted its quarterly 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 business had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The company’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period last year, the firm earned $2.55 earnings per share. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. On average, analysts anticipate that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Friday, May 15th were given a $0.08 dividend. The ex-dividend date was Friday, May 15th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil’s dividend payout ratio (DPR) is presently 4.00%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on JBL shares. Raymond James Financial boosted their price target on Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a research note on Thursday, June 18th. Stifel Nicolaus set a $460.00 price objective on Jabil and gave the stock a “buy” rating in a report on Thursday, June 18th. Bank of America restated a “buy” rating and set a $470.00 price objective on shares of Jabil in a report on Thursday, June 18th. Barclays upped their target price on Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. Finally, UBS Group raised their price target on shares of Jabil from $380.00 to $430.00 and gave the stock a “neutral” rating in a research report on Thursday, June 18th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Jabil currently has an average rating of “Buy” and an average price target of $453.67.

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.