Victory Capital Management Inc. Has $55.59 Million Position in Jabil, Inc. $JBL

Victory Capital Management Inc. cut its position in Jabil, Inc. (NYSE:JBL) by 62.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 255,973 shares of the technology company’s stock after selling 433,163 shares during the quarter. Victory Capital Management Inc. owned 0.24% of Jabil worth $55,590,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Integrated Wealth Concepts LLC raised its holdings in Jabil by 34.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,811 shares of the technology company’s stock valued at $382,000 after buying an additional 720 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Jabil by 70.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,320 shares of the technology company’s stock worth $2,493,000 after acquiring an additional 7,602 shares during the last quarter. Focus Partners Wealth increased its position in Jabil by 20.0% in the 1st quarter. Focus Partners Wealth now owns 4,967 shares of the technology company’s stock valued at $676,000 after acquiring an additional 829 shares during the period. Geneos Wealth Management Inc. raised its stake in shares of Jabil by 50.0% during the first quarter. Geneos Wealth Management Inc. now owns 582 shares of the technology company’s stock valued at $79,000 after acquiring an additional 194 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its stake in shares of Jabil by 45.4% during the second quarter. Hantz Financial Services Inc. now owns 189 shares of the technology company’s stock valued at $41,000 after acquiring an additional 59 shares during the last quarter. 93.39% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently weighed in on JBL. UBS Group boosted their price objective on shares of Jabil from $239.00 to $244.00 and gave the stock a “neutral” rating in a research note on Thursday, December 18th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Jabil in a report on Thursday, December 18th. JPMorgan Chase & Co. upped their price target on Jabil from $260.00 to $270.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. Zacks Research downgraded Jabil from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 16th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $282.00 price objective on shares of Jabil in a research note on Thursday, January 15th. One equities research 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 presently has an average rating of “Moderate Buy” and an average target price of $264.14.

Insider Buying and Selling at Jabil

In other Jabil news, SVP Gary K. Schick sold 422 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $243.77, for a total transaction of $102,870.94. Following the transaction, the senior vice president directly owned 41,843 shares in the company, valued at approximately $10,200,068.11. This represents a 1.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Mark T. Mondello sold 17,200 shares of the firm’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $250.00, for a total transaction of $4,300,000.00. Following the sale, the chairman directly owned 1,111,459 shares of the company’s stock, valued at approximately $277,864,750. This trade represents a 1.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 161,529 shares of company stock valued at $37,901,485 over the last ninety days. Insiders own 1.35% of the company’s stock.

Jabil Price Performance

Shares of NYSE JBL opened at $241.10 on Friday. The company has a market capitalization of $25.46 billion, a PE ratio of 37.50, a P/E/G ratio of 1.61 and a beta of 1.22. 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 twelve month low of $108.66 and a twelve month high of $281.37. The firm has a fifty day simple moving average of $247.58 and a 200 day simple moving average of $224.83.

Jabil (NYSE:JBL) last issued its quarterly earnings results on Wednesday, December 17th. The technology company reported $2.85 EPS for the quarter, beating 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 analysts’ expectations of $8.07 billion. During the same quarter in the prior year, the firm posted $2.00 earnings per share. The business’s quarterly revenue 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, sell-side analysts forecast that Jabil, Inc. will post 8.05 EPS for the current year.

Jabil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th were given a dividend of $0.08 per share. The ex-dividend date was Tuesday, February 17th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil’s dividend payout ratio is presently 4.98%.

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.