Jabil, Inc. $JBL Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC trimmed its position in shares of Jabil, Inc. (NYSE:JBL) by 1.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 159,115 shares of the technology company’s stock after selling 2,704 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Jabil were worth $43,273,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of JBL. Independent Financial Group LLC purchased a new stake in Jabil during the 1st quarter worth approximately $218,000. Prosperity Consulting Group LLC acquired a new position in shares of Jabil in the first quarter worth $202,000. Aware Super Pty Ltd as trustee of Aware Super purchased a new stake in shares of Jabil during the first quarter worth $1,090,000. Wealthfront Advisers LLC increased its position in shares of Jabil by 11.4% during the first quarter. Wealthfront Advisers LLC now owns 3,230 shares of the technology company’s stock worth $858,000 after acquiring an additional 331 shares during the period. Finally, Twin Capital Management Inc. acquired a new stake in shares of Jabil in the first quarter valued at $500,000. 93.39% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on JBL shares. Bank of America reissued a “buy” rating and set a $470.00 target price on shares of Jabil in a research note on Thursday, June 18th. The Goldman Sachs Group lifted their price objective on Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. JPMorgan Chase & Co. boosted their price objective on Jabil from $395.00 to $450.00 and gave the stock an “overweight” rating in a research report on Thursday, June 18th. Raymond James Financial upped their target price on shares of Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a research note on Thursday, June 18th. Finally, UBS Group raised their target price on shares of Jabil from $380.00 to $430.00 and gave the company a “neutral” rating in a report on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Jabil has an average rating of “Buy” and an average price target of $453.67.

Jabil Stock Performance

Shares of JBL opened at $300.81 on Friday. The company has a market capitalization of $31.52 billion, a price-to-earnings ratio of 37.55, a price-to-earnings-growth ratio of 0.90 and a beta of 1.28. Jabil, Inc. has a 52-week low of $189.60 and a 52-week high of $428.93. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17. The stock has a 50 day moving average price of $355.90 and a 200 day moving average price of $299.35.

Jabil (NYSE:JBL) last released its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, topping analysts’ consensus estimates of $3.10 by $0.06. The company had revenue of $8.75 billion for the quarter, compared to analysts’ expectations of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter last year, the company earned $2.55 earnings per share. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. Research analysts predict that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Friday, August 14th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date is Friday, August 14th. Jabil’s dividend payout ratio (DPR) is currently 4.00%.

Insider Buying and Selling

In other Jabil news, EVP Matthew Crowley sold 94 shares of the firm’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $345.00, for a total transaction of $32,430.00. Following the transaction, the executive vice president owned 57,536 shares of the company’s stock, valued at approximately $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Andrew Priestley sold 3,169 shares of Jabil stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $330.00, for a total value of $1,045,770.00. Following the sale, the executive vice president owned 57,098 shares in the company, valued at $18,842,340. This trade represents a 5.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 4,263 shares of company stock worth $1,418,200 in the last ninety days. 1.35% of the stock is owned by corporate 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.