Mn Services Vermogensbeheer B.V. Has $9.65 Million Stake in Jabil, Inc. $JBL

Mn Services Vermogensbeheer B.V. raised its stake in shares of Jabil, Inc. (NYSE:JBL) by 5.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 42,306 shares of the technology company’s stock after purchasing an additional 2,206 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Jabil were worth $9,647,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in JBL. Arrowstreet Capital Limited Partnership grew its position in Jabil by 1,157.8% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,454,915 shares of the technology company’s stock worth $315,964,000 after buying an additional 1,339,247 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in Jabil by 107.2% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,319,675 shares of the technology company’s stock valued at $286,594,000 after acquiring an additional 682,899 shares in the last quarter. Allianz Asset Management GmbH raised its holdings in Jabil by 180.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 758,326 shares of the technology company’s stock valued at $164,686,000 after acquiring an additional 487,595 shares in the last quarter. Barclays PLC lifted its position in shares of Jabil by 125.4% in the 3rd quarter. Barclays PLC now owns 588,155 shares of the technology company’s stock worth $127,730,000 after acquiring an additional 327,238 shares during the period. Finally, Westfield Capital Management Co. LP bought a new stake in shares of Jabil in the 3rd quarter worth approximately $57,799,000. Institutional investors and hedge funds own 93.39% of the company’s stock.

Insider Buying and Selling

In related news, SVP Adam E. Berry sold 1,596 shares of Jabil stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $253.20, for a total transaction of $404,107.20. Following the completion of the transaction, the senior vice president directly owned 18,920 shares of the company’s stock, valued at $4,790,544. This trade represents a 7.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Gary K. Schick sold 1,000 shares of the business’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $278.33, for a total transaction of $278,330.00. Following the completion of the transaction, the senior vice president owned 40,843 shares in the company, valued at approximately $11,367,832.19. This trade represents a 2.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 80,018 shares of company stock worth $19,545,381 in the last three months. Company insiders own 1.35% of the company’s stock.

Jabil Trading Up 2.5%

JBL stock opened at $272.25 on Thursday. Jabil, Inc. has a 1-year low of $108.66 and a 1-year high of $283.76. The company has a current ratio of 1.01, a quick ratio of 0.68 and a debt-to-equity ratio of 2.50. The business’s 50 day moving average is $256.42 and its 200-day moving average is $231.56. The firm has a market cap of $28.75 billion, a P/E ratio of 36.54, a P/E/G ratio of 1.38 and a beta of 1.16.

Jabil (NYSE:JBL) last posted its earnings results on Wednesday, March 18th. The technology company reported $2.69 EPS for the quarter, topping the consensus estimate of $2.51 by $0.18. The business had revenue of $8.28 billion during the quarter, compared to the consensus estimate of $7.75 billion. Jabil had a return on equity of 80.96% and a net margin of 2.48%.Jabil’s revenue was up 23.1% on a year-over-year basis. During the same quarter last year, the company earned $1.94 EPS. Equities analysts anticipate that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.

Jabil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 17th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. Jabil’s dividend payout ratio (DPR) is presently 4.30%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. UBS Group boosted their price objective on Jabil from $244.00 to $254.00 and gave the company a “neutral” rating in a research report on Tuesday, March 10th. JPMorgan Chase & Co. raised their target price on Jabil from $270.00 to $300.00 and gave the stock an “overweight” rating in a research report on Thursday, March 12th. Raymond James Financial reiterated a “strong-buy” rating on shares of Jabil in a research note on Thursday, December 18th. Wall Street Zen raised shares of Jabil from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 21st. Finally, Bank of America increased their price objective on shares of Jabil from $280.00 to $295.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $283.25.

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.