Aster Capital Management DIFC Ltd lessened its position in Jabil, Inc. (NYSE:JBL – Free Report) by 64.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,861 shares of the technology company’s stock after selling 5,089 shares during the quarter. Aster Capital Management DIFC Ltd’s holdings in Jabil were worth $621,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new stake in Jabil during the second quarter worth about $323,338,000. Boston Partners grew its holdings in shares of Jabil by 224.4% in the second quarter. Boston Partners now owns 1,898,681 shares of the technology company’s stock valued at $414,119,000 after purchasing an additional 1,313,338 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its stake in Jabil by 107.2% during 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 buying an additional 682,899 shares during the period. Allianz Asset Management GmbH lifted its holdings in Jabil by 180.1% during the 3rd quarter. Allianz Asset Management GmbH now owns 758,326 shares of the technology company’s stock worth $164,686,000 after buying an additional 487,595 shares in the last quarter. Finally, Westfield Capital Management Co. LP purchased a new position in Jabil in the 3rd quarter valued at approximately $57,799,000. 93.39% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
JBL has been the topic of a number of recent research reports. Barclays upped their price objective on Jabil from $267.00 to $283.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $282.00 price target on shares of Jabil in a research report on Thursday, January 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of Jabil in a research note on Friday, January 9th. Zacks Research lowered shares of Jabil from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 16th. Finally, UBS Group raised their target price on shares of Jabil from $239.00 to $244.00 and gave the company a “neutral” rating in a report on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $264.14.
Jabil Trading Down 1.7%
JBL opened at $272.80 on Friday. 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’s 50 day moving average is $244.91 and its two-hundred day moving average is $223.38. The firm has a market cap of $28.81 billion, a price-to-earnings ratio of 42.43, a price-to-earnings-growth ratio of 1.77 and a beta of 1.24.
Jabil (NYSE:JBL – Get Free Report) last announced 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. Jabil had a net margin of 2.26% and a return on equity of 75.96%. The business had revenue of $8.31 billion for the quarter, compared to analyst estimates of $8.07 billion. During the same period last year, the firm posted $2.00 earnings per share. The company’s revenue for the quarter was up 18.7% compared to the same quarter last year. 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, research analysts predict that Jabil, Inc. will post 8.05 EPS for the current year.
Jabil Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 17th will be paid a dividend of $0.08 per share. The ex-dividend date is Tuesday, February 17th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil’s dividend payout ratio is 4.98%.
Insider Buying and Selling
In other Jabil news, EVP Frederic E. Mccoy sold 22,011 shares of Jabil stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $224.93, for a total value of $4,950,934.23. Following the transaction, the executive vice president directly owned 100,376 shares in the company, valued at approximately $22,577,573.68. This trade represents a 17.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Steven D. Borges sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $235.00, for a total value of $2,350,000.00. Following the completion of the transaction, the executive vice president directly owned 90,524 shares in the company, valued at approximately $21,273,140. The trade was a 9.95% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 181,529 shares of company stock worth $42,145,485. Corporate insiders own 1.35% of the company’s stock.
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.
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