ING Groep NV Lowers Stock Position in Jabil, Inc. $JBL

ING Groep NV trimmed its position in Jabil, Inc. (NYSE:JBLFree Report) by 84.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,274 shares of the technology company’s stock after selling 93,851 shares during the quarter. ING Groep NV’s holdings in Jabil were worth $3,751,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JBL. Primecap Management Co. CA increased its stake in shares of Jabil by 0.7% in the second quarter. Primecap Management Co. CA now owns 3,410,410 shares of the technology company’s stock worth $743,810,000 after purchasing an additional 24,650 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Jabil by 2.3% during the 2nd quarter. Geode Capital Management LLC now owns 2,893,485 shares of the technology company’s stock valued at $628,519,000 after buying an additional 65,949 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Jabil by 5.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,302,307 shares of the technology company’s stock worth $502,133,000 after buying an additional 129,212 shares during the period. Boston Partners increased its stake in Jabil by 224.4% in the 2nd 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 in the last quarter. Finally, Norges Bank purchased a new stake in Jabil in the 2nd quarter worth $323,338,000. Institutional investors own 93.39% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on JBL. Zacks Research upgraded Jabil from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 2nd. Bank of America set a $265.00 target price on Jabil in a research note on Thursday, December 18th. JPMorgan Chase & Co. boosted their price target on Jabil from $260.00 to $270.00 and gave the stock an “overweight” rating in a report on Thursday, December 18th. Weiss Ratings restated a “hold (c)” rating on shares of Jabil in a research note on Friday, January 9th. Finally, Wall Street Zen cut shares of Jabil from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 7th. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $264.14.

Check Out Our Latest Stock Report on Jabil

Jabil Stock Performance

NYSE JBL opened at $251.29 on Friday. The stock has a market capitalization of $26.54 billion, a PE ratio of 39.08, a P/E/G ratio of 1.67 and a beta of 1.24. The business has a 50 day simple moving average of $236.65 and a two-hundred day simple moving average of $220.54. The company has a debt-to-equity ratio of 1.77, a current ratio of 0.99 and a quick ratio of 0.67. Jabil, Inc. has a 1-year low of $108.66 and a 1-year high of $269.17.

Jabil (NYSE:JBLGet Free Report) last issued its quarterly earnings data on Wednesday, December 17th. The technology company reported $2.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.70 by $0.15. Jabil had a return on equity of 75.96% and a net margin of 2.26%.The business had revenue of $8.31 billion for the quarter, compared to analysts’ expectations of $8.07 billion. During the same period in the prior year, the firm earned $2.00 EPS. The company’s revenue for the quarter was up 18.7% on a year-over-year basis. 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 fiscal year.

Jabil Announces Dividend

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

Insider Buying and Selling at Jabil

In other news, Chairman Mark T. Mondello sold 50,000 shares of the business’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $225.32, for a total value of $11,266,000.00. Following the sale, the chairman directly owned 1,171,459 shares in the company, valued at $263,953,141.88. The trade was a 4.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Steven D. Borges sold 10,000 shares of the stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $235.00, for a total transaction of $2,350,000.00. Following the completion of the transaction, the executive vice president directly owned 90,524 shares of the company’s stock, valued at approximately $21,273,140. The trade was a 9.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 181,529 shares of company stock valued at $42,145,485. Corporate insiders own 1.35% of the company’s stock.

About Jabil

(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.

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Institutional Ownership by Quarter for Jabil (NYSE:JBL)

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