Bank of New York Mellon Corp Cuts Holdings in Jabil, Inc. $JBL

Bank of New York Mellon Corp cut its position in Jabil, Inc. (NYSE:JBL) by 3.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 925,753 shares of the technology company’s stock after selling 32,461 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.87% of Jabil worth $201,046,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC lifted its position in Jabil by 1.2% during the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 4,120 shares of the technology company’s stock worth $899,000 after acquiring an additional 48 shares during the period. Assetmark Inc. boosted its position in Jabil by 45.8% during the second quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock worth $34,000 after purchasing an additional 49 shares in the last quarter. AlphaCore Capital LLC grew its stake in Jabil by 1.8% in the 2nd quarter. AlphaCore Capital LLC now owns 3,263 shares of the technology company’s stock valued at $712,000 after acquiring an additional 57 shares during the period. Hantz Financial Services Inc. grew its position in shares of Jabil by 45.4% in the second quarter. Hantz Financial Services Inc. now owns 189 shares of the technology company’s stock valued at $41,000 after purchasing an additional 59 shares during the period. Finally, TD Private Client Wealth LLC increased its stake in Jabil by 11.2% during the 3rd quarter. TD Private Client Wealth LLC now owns 584 shares of the technology company’s stock worth $127,000 after buying an additional 59 shares in the last quarter. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Jabil Stock Performance

Shares of JBL opened at $237.16 on Friday. The stock has a market capitalization of $25.04 billion, a P/E ratio of 36.88, a P/E/G ratio of 1.56 and a beta of 1.25. Jabil, Inc. has a 1 year low of $108.66 and a 1 year high of $258.05. The company’s fifty day moving average is $229.03 and its two-hundred day moving average is $218.69. The company has a debt-to-equity ratio of 1.77, a quick ratio of 0.67 and a current ratio of 0.99.

Jabil (NYSE:JBL) last posted its quarterly earnings results on Wednesday, December 17th. The technology company reported $2.85 earnings per share for the quarter, beating analysts’ consensus estimates of $2.70 by $0.15. The firm had revenue of $8.31 billion for the quarter, compared to the consensus estimate of $8.07 billion. Jabil had a return on equity of 75.96% and a net margin of 2.26%.The company’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period in the previous year, the business earned $2.00 earnings per share. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS. On average, sell-side analysts predict that Jabil, Inc. will post 8.05 earnings per share for the current year.

Jabil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 17th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Tuesday, February 17th. Jabil’s dividend payout ratio is 4.98%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on JBL shares. Raymond James Financial restated a “strong-buy” rating on shares of Jabil in a research report on Thursday, December 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a research report on Friday, January 9th. The Goldman Sachs Group restated a “buy” rating and set a $282.00 price target on shares of Jabil in a research note on Thursday, January 15th. UBS Group raised their price objective on shares of Jabil from $239.00 to $244.00 and gave the company a “neutral” rating in a research note on Thursday, December 18th. Finally, JPMorgan Chase & Co. lifted their target price on Jabil from $260.00 to $270.00 and gave the company an “overweight” rating in a report on Thursday, December 18th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $263.71.

Insider Activity at Jabil

In related news, Chairman Mark T. Mondello sold 50,000 shares of the firm’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $225.32, for a total transaction of $11,266,000.00. Following the completion of the transaction, the chairman owned 1,171,459 shares of the company’s stock, valued at $263,953,141.88. This trade represents a 4.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Frederic E. Mccoy sold 22,011 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $224.93, for a total transaction of $4,950,934.23. Following the sale, the executive vice president owned 100,376 shares of the company’s stock, valued at $22,577,573.68. The trade was a 17.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 201,560 shares of company stock worth $46,559,187. 1.35% of the stock is currently owned by company 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.