HighTower Advisors LLC grew its stake in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 8.9% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 54,605 shares of the technology company’s stock after acquiring an additional 4,464 shares during the period. HighTower Advisors LLC’s holdings in Jabil were worth $11,858,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new position in Jabil during the second quarter valued at approximately $323,338,000. Boston Partners lifted 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 purchasing an additional 1,313,338 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in Jabil by 107.2% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,319,675 shares of the technology company’s stock valued at $286,594,000 after purchasing an additional 682,899 shares during the period. Allianz Asset Management GmbH grew its position in shares of Jabil by 180.1% during the 3rd quarter. Allianz Asset Management GmbH now owns 758,326 shares of the technology company’s stock valued at $164,686,000 after purchasing an additional 487,595 shares in the last quarter. Finally, Amundi grew its position in shares of Jabil by 103.2% during the 2nd quarter. Amundi now owns 453,620 shares of the technology company’s stock valued at $100,654,000 after purchasing an additional 230,422 shares in the last quarter. 93.39% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Jabil
In related news, SVP Adam E. Berry sold 1,596 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $253.20, for a total transaction of $404,107.20. Following the completion of the transaction, the senior vice president owned 18,920 shares in the company, valued at $4,790,544. This represents a 7.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Gary K. Schick sold 422 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $243.77, for a total value of $102,870.94. Following the completion of the sale, the senior vice president directly owned 41,843 shares of the company’s stock, valued at $10,200,068.11. The trade was a 1.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 181,529 shares of company stock worth $42,145,485. Corporate insiders own 1.35% of the company’s stock.
Jabil Price Performance
Jabil (NYSE:JBL – Get Free Report) last issued its quarterly earnings data on Wednesday, December 17th. The technology company reported $2.85 EPS for the quarter, beating the consensus estimate of $2.70 by $0.15. The firm had revenue of $8.31 billion during the quarter, compared to the consensus estimate of $8.07 billion. Jabil had a net margin of 2.26% and a return on equity of 75.96%. The company’s quarterly revenue was up 18.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.00 earnings per share. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS. As a group, equities analysts expect that Jabil, Inc. will post 8.05 EPS for the current year.
Jabil Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 17th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Tuesday, February 17th. Jabil’s dividend payout ratio (DPR) is currently 4.98%.
Analyst Ratings Changes
A number of equities analysts have weighed in on the company. Wall Street Zen upgraded Jabil from a “buy” rating to a “strong-buy” rating in a research note on Sunday, February 15th. The Goldman Sachs Group reissued a “buy” rating and set a $282.00 price objective on shares of Jabil in a report on Thursday, January 15th. Bank of America set a $265.00 price objective on shares of Jabil in a research report on Thursday, December 18th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Jabil in a research note on Thursday, December 18th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Jabil from $260.00 to $270.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Jabil has a consensus rating of “Moderate Buy” and a consensus price target of $264.14.
View Our Latest Analysis on Jabil
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.
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