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

Victory Capital Management Inc. reduced its stake in Jabil, Inc. (NYSE:JBLFree Report) by 62.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 255,973 shares of the technology company’s stock after selling 433,163 shares during the period. Victory Capital Management Inc.’s holdings in Jabil were worth $55,590,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. True Wealth Design LLC grew its stake in shares of Jabil by 250.0% in the 3rd quarter. True Wealth Design LLC now owns 140 shares of the technology company’s stock valued at $30,000 after buying an additional 100 shares during the period. First Horizon Corp acquired a new position in Jabil during the 3rd quarter worth approximately $30,000. Traub Capital Management LLC acquired a new position in Jabil during the 2nd quarter worth approximately $33,000. Assetmark Inc. boosted its holdings in 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 in the last quarter. Finally, Hantz Financial Services Inc. boosted its holdings in Jabil by 45.4% in the second quarter. Hantz Financial Services Inc. now owns 189 shares of the technology company’s stock worth $41,000 after acquiring an additional 59 shares in the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Raymond James Financial restated a “strong-buy” rating on shares of Jabil in a report on Thursday, December 18th. Weiss Ratings reiterated a “hold (c)” rating on shares of Jabil in a report on Friday, January 9th. Barclays boosted their price target on shares of Jabil from $267.00 to $283.00 and gave the company an “overweight” rating in a research note on Thursday, December 18th. Bank of America set a $265.00 price objective on shares of Jabil in a report on Thursday, December 18th. Finally, UBS Group raised their price objective on shares of Jabil from $239.00 to $244.00 and gave the company a “neutral” rating in a research note on Thursday, December 18th. One 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’s stock. According to data from MarketBeat.com, Jabil currently has a consensus rating of “Moderate Buy” and a consensus target price of $264.14.

Get Our Latest Stock Analysis on JBL

Insider Buying and Selling at Jabil

In other Jabil news, Chairman Mark T. Mondello sold 50,000 shares of the company’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 completion of the sale, the chairman directly owned 1,171,459 shares of the company’s stock, valued at approximately $263,953,141.88. This represents a 4.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Adam E. Berry sold 1,596 shares of the stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $253.20, for a total transaction of $404,107.20. Following the completion of the sale, the senior vice president owned 18,920 shares of the company’s stock, valued at approximately $4,790,544. This trade represents a 7.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 161,529 shares of company stock valued at $37,901,485 in the last quarter. 1.35% of the stock is owned by company insiders.

Jabil Stock Down 4.4%

Shares of NYSE:JBL opened at $241.10 on Friday. The business’s 50 day moving average is $247.58 and its 200 day moving average is $224.83. Jabil, Inc. has a 12-month low of $108.66 and a 12-month high of $281.37. The stock has a market cap of $25.46 billion, a price-to-earnings ratio of 37.50, a PEG 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 (NYSE:JBLGet Free Report) last issued its quarterly earnings data on Wednesday, December 17th. The technology company reported $2.85 earnings per share for the quarter, beating the consensus estimate of $2.70 by $0.15. The business had revenue of $8.31 billion for the quarter, compared to analysts’ expectations of $8.07 billion. Jabil had a return on equity of 75.96% and a net margin of 2.26%.The business’s revenue was up 18.7% on a year-over-year basis. During the same period last year, the business earned $2.00 EPS. 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 earnings per share for the current fiscal year.

Jabil Announces Dividend

The company also recently declared 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. 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 Tuesday, February 17th. Jabil’s dividend payout ratio (DPR) is presently 4.98%.

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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