Assenagon Asset Management S.A. Buys 182,053 Shares of Jabil, Inc. $JBL

Assenagon Asset Management S.A. lifted its position in Jabil, Inc. (NYSE:JBL) by 467.3% in the 1st quarter, HoldingsChannel.com reports. The fund owned 221,014 shares of the technology company’s stock after acquiring an additional 182,053 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Jabil were worth $58,708,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Greenline Wealth Management LLC bought a new position in Jabil in the 4th quarter worth approximately $28,000. Veracity Capital LLC boosted its position in shares of Jabil by 4,144.3% in the fourth quarter. Veracity Capital LLC now owns 3,735 shares of the technology company’s stock valued at $31,000 after acquiring an additional 3,647 shares during the period. Virtus Advisers LLC bought a new position in shares of Jabil in the fourth quarter valued at approximately $32,000. Wilkerson Advisory Group LLC purchased a new position in Jabil during the fourth quarter valued at approximately $34,000. Finally, DV Equities LLC bought a new stake in Jabil during the 4th quarter worth approximately $34,000. 93.39% of the stock is owned by institutional investors.

Jabil Price Performance

JBL opened at $374.33 on Friday. The stock has a 50-day moving average price of $355.43 and a 200-day moving average price of $287.41. Jabil, Inc. has a 12-month low of $189.60 and a 12-month high of $428.93. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17. The stock has a market capitalization of $39.49 billion, a P/E ratio of 46.73, a PEG ratio of 1.11 and a beta of 1.28.

Jabil (NYSE:JBL) last announced its quarterly earnings data 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. The company had revenue of $8.75 billion for the quarter, compared to analysts’ expectations of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.Jabil’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period last year, the firm posted $2.55 EPS. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. Equities analysts predict that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.

Jabil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Friday, May 15th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil’s dividend payout ratio (DPR) is 4.00%.

Insider Activity

In other news, CEO Michael Dastoor sold 9,467 shares of the business’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $286.64, for a total value of $2,713,620.88. Following the completion of the sale, the chief executive officer directly owned 253,099 shares in the company, valued at approximately $72,548,297.36. The trade was a 3.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Andrew Priestley sold 4,000 shares of the company’s stock in a transaction on Friday, April 10th. The shares were sold at an average price of $301.00, for a total transaction of $1,204,000.00. Following the completion of the sale, the executive vice president directly owned 60,267 shares of the company’s stock, valued at $18,140,367. This trade represents a 6.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 35,981 shares of company stock valued at $10,812,410. Insiders own 1.35% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Wall Street Zen lowered shares of Jabil from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 11th. UBS Group lifted their price objective on Jabil from $380.00 to $430.00 and gave the company a “neutral” rating in a research note on Thursday, June 18th. The Goldman Sachs Group upped their target price on Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Raymond James Financial raised their price target on Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a report on Thursday, June 18th. Finally, JPMorgan Chase & Co. lifted their price target on Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $453.67.

Jabil Company 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.