Jabil, Inc. $JBL Stock Position Raised by Neuberger Berman Group LLC

by · The Markets Daily

Neuberger Berman Group LLC lifted its position in Jabil, Inc. (NYSE:JBL – Free Report) by 207.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 46,812 shares of the technology company’s stock after acquiring an additional 31,593 shares during the period. Neuberger Berman Group LLC’s holdings in Jabil were worth $10,210,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. GFG Capital LLC purchased a new position in Jabil during the second quarter valued at approximately $26,000. Traub Capital Management LLC acquired a new stake in shares of Jabil during the 2nd quarter valued at $33,000. Groupe la Francaise grew its holdings in shares of Jabil by 35.2% during the 1st quarter. Groupe la Francaise now owns 246 shares of the technology company’s stock valued at $34,000 after acquiring an additional 64 shares in the last quarter. Assetmark Inc. increased its stake in shares of Jabil by 45.8% in the second quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock worth $34,000 after acquiring an additional 49 shares during the last quarter. Finally, Westside Investment Management Inc. raised its holdings in shares of Jabil by 757.1% during the second quarter. Westside Investment Management Inc. now owns 180 shares of the technology company’s stock worth $39,000 after acquiring an additional 159 shares in the last quarter. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Insider Buying and Selling at Jabil

In related news, SVP May Yee Yap sold 8,858 shares of the company’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $225.03, for a total value of $1,993,315.74. Following the transaction, the senior vice president directly owned 25,421 shares in the company, valued at approximately $5,720,487.63. This represents a 25.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman Mark T. Mondello sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, October 17th. The stock was sold at an average price of $207.77, for a total transaction of $8,310,800.00. Following the transaction, the chairman directly owned 1,258,942 shares in the company, valued at $261,570,379.34. This represents a 3.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 131,762 shares of company stock valued at $28,129,921 in the last three months. Corporate insiders own 1.73% of the company’s stock.

Jabil Trading Down 5.0%

NYSE:JBL opened at $222.44 on Friday. The business’s 50-day simple moving average is $210.10 and its 200-day simple moving average is $210.03. Jabil, Inc. has a fifty-two week low of $108.66 and a fifty-two week high of $237.14. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 0.66. The stock has a market capitalization of $23.77 billion, a PE ratio of 37.32, a price-to-earnings-growth ratio of 1.58 and a beta of 1.26.

Jabil (NYSE:JBL – Get Free Report) last issued its quarterly earnings results on Thursday, September 25th. The technology company reported $3.29 EPS for the quarter, beating analysts’ consensus estimates of $2.92 by $0.37. The company had revenue of $8.25 billion for the quarter, compared to analyst estimates of $7.63 billion. Jabil had a return on equity of 68.63% and a net margin of 2.20%.The company’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same period in the previous year, the company posted $2.30 earnings per share. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS and its FY 2026 guidance at 11.000-11.000 EPS. Sell-side analysts expect that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.

Jabil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 2nd. Stockholders of record on Monday, November 17th were issued 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 of this dividend was Monday, November 17th. Jabil’s dividend payout ratio is presently 5.37%.

Analyst Ratings Changes

JBL has been the topic of a number of recent research reports. UBS Group set a $241.00 target price on Jabil in a research note on Sunday, September 28th. Barclays raised their target price on Jabil from $223.00 to $267.00 and gave the company an “overweight” rating in a report on Friday, September 26th. Wall Street Zen raised shares of Jabil from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 3rd. Zacks Research downgraded shares of Jabil from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 26th. Finally, Bank of America lifted their price objective on Jabil from $255.00 to $262.00 and gave the stock a “buy” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $249.43.

Check Out Our Latest Stock Report on JBL

Jabil Profile

(Free Report)

Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).

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