Royce & Associates LP Has $8.22 Million Stake in Jabil, Inc. $JBL

Royce & Associates LP decreased its holdings in Jabil, Inc. (NYSE:JBLFree Report) by 16.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 37,865 shares of the technology company’s stock after selling 7,232 shares during the quarter. Royce & Associates LP’s holdings in Jabil were worth $8,223,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Norges Bank acquired a new position in shares of Jabil during the 2nd quarter worth approximately $323,338,000. Boston Partners grew its stake in shares of Jabil by 224.4% during the second quarter. Boston Partners now owns 1,898,681 shares of the technology company’s stock worth $414,119,000 after buying an additional 1,313,338 shares during the last quarter. Robeco Institutional Asset Management B.V. increased 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 worth $286,594,000 after purchasing an additional 682,899 shares in the last quarter. Allianz Asset Management GmbH increased its stake in shares of Jabil by 180.1% in the third quarter. Allianz Asset Management GmbH now owns 758,326 shares of the technology company’s stock valued at $164,686,000 after buying an additional 487,595 shares during the period. Finally, Westfield Capital Management Co. LP bought a new position in shares of Jabil during the third quarter valued at $57,799,000. Institutional investors and hedge funds own 93.39% of the company’s stock.

Insider Activity at Jabil

In other Jabil news, CEO Michael Dastoor sold 15,000 shares of Jabil stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $246.91, for a total transaction of $3,703,650.00. Following the completion of the transaction, the chief executive officer owned 262,566 shares in the company, valued at approximately $64,830,171.06. The trade was a 5.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Anousheh Ansari sold 500 shares of the stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $252.00, for a total value of $126,000.00. Following the completion of the sale, the director directly owned 33,900 shares of the company’s stock, valued at approximately $8,542,800. This trade represents a 1.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 161,529 shares of company stock valued at $37,901,485 over the last quarter. 1.35% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

JBL has been the topic of a number of recent analyst reports. Wall Street Zen lowered Jabil from a “strong-buy” rating to a “buy” rating in a research note on Monday, February 23rd. Bank of America set a $265.00 target price on Jabil in a report on Thursday, December 18th. UBS Group increased their price target on Jabil from $239.00 to $244.00 and gave the stock a “neutral” rating in a report on Thursday, December 18th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $282.00 price objective on shares of Jabil in a research report on Thursday, January 15th. Finally, Zacks Research lowered shares of Jabil from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 16th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $264.14.

View Our Latest Research Report on JBL

Jabil Trading Down 2.5%

NYSE JBL opened at $254.53 on Wednesday. The company has a quick ratio of 0.67, a current ratio of 0.99 and a debt-to-equity ratio of 1.77. Jabil, Inc. has a 52 week low of $108.66 and a 52 week high of $281.37. The business has a 50 day moving average price of $246.71 and a 200-day moving average price of $224.25. The company has a market cap of $26.88 billion, a price-to-earnings ratio of 39.58, a P/E/G ratio of 1.67 and a beta of 1.22.

Jabil (NYSE:JBLGet Free Report) last issued its earnings results on Wednesday, December 17th. The technology company reported $2.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.70 by $0.15. The company had revenue of $8.31 billion for the quarter, compared to analysts’ expectations of $8.07 billion. Jabil had a return on equity of 75.96% and a net margin of 2.26%.Jabil’s quarterly revenue was up 18.7% compared to the same quarter last year. During the same period last year, the business earned $2.00 EPS. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS. As a group, equities analysts expect that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.

Jabil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 17th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Tuesday, February 17th. Jabil’s dividend payout ratio (DPR) is currently 4.98%.

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.

Founded in 1966 by William E.

See Also

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Institutional Ownership by Quarter for Jabil (NYSE:JBL)

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