Saudi Central Bank Buys 3,487 Shares of Jabil, Inc. $JBL

08 Sep 2026, 09:29 by Mitch Edgeman · The Markets Daily

Saudi Central Bank increased its stake in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 89.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,385 shares of the technology company’s stock after purchasing an additional 3,487 shares during the quarter. Saudi Central Bank’s holdings in Jabil were worth $2,847,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Jabil during the second quarter worth $3,905,704,000. Primecap Management Co. CA acquired a new stake in shares of Jabil during the 2nd quarter valued at $1,220,861,000. Norges Bank acquired a new stake in shares of Jabil during the 4th quarter valued at $407,299,000. Bank of America Corp DE bought a new stake in Jabil during the 2nd quarter worth $447,882,000. Finally, Bank of New York Mellon Corp bought a new stake in Jabil during the 2nd quarter worth $411,079,000. Institutional investors own 93.39% of the company’s stock.

Insider Buying and Selling at Jabil

In related news, EVP Matthew Crowley sold 94 shares of Jabil 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 filing with the Securities & Exchange Commission, which is available at the SEC website. 1.35% of the stock is currently owned by company insiders.

Jabil Price Performance

Shares of JBL opened at $310.50 on Tuesday. The business has a 50-day moving average of $325.59 and a 200-day moving average of $320.02. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66. The company has a market capitalization of $32.54 billion, a price-to-earnings ratio of 38.76, a price-to-earnings-growth ratio of 0.70 and a beta of 1.29. Jabil, Inc. has a 1 year low of $189.60 and a 1 year high of $428.93.

Jabil (NYSE:JBL – Get Free Report) last released its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.06. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The business had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. During the same quarter in the prior year, the firm posted $2.55 EPS. The company’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, equities research analysts anticipate that Jabil, Inc. will post 11.71 earnings per share for the current year.

Jabil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th were given a dividend of $0.08 per share. The ex-dividend date was Friday, August 14th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil’s dividend payout ratio is 4.00%.

Analysts Set New Price Targets

JBL has been the subject of several research reports. Raymond James Financial increased their target price on Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a research report on Thursday, June 18th. UBS Group upgraded 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 issued a $470.00 price objective on shares of Jabil in a research note on Thursday, June 18th. JPMorgan Chase & Co. raised their price objective on shares of Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. Finally, Robert W. Baird lifted their target price on shares of Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $453.67.

Check Out Our Latest Stock Analysis on JBL

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.