Neuberger Berman Group LLC Reduces Stock Holdings in Jabil, Inc. $JBL

Neuberger Berman Group LLC cut its position in shares of Jabil, Inc. (NYSE:JBL) by 4.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,613 shares of the technology company’s stock after selling 2,199 shares during the period. Neuberger Berman Group LLC’s holdings in Jabil were worth $9,689,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Norges Bank purchased a new stake in shares of Jabil during the 2nd quarter valued at approximately $323,338,000. Boston Partners grew its position in Jabil by 224.4% in the second quarter. Boston Partners now owns 1,898,681 shares of the technology company’s stock worth $414,119,000 after acquiring an additional 1,313,338 shares during the period. Robeco Institutional Asset Management B.V. increased its stake in Jabil by 107.2% during the third quarter. Robeco Institutional Asset Management B.V. now owns 1,319,675 shares of the technology company’s stock worth $286,594,000 after acquiring an additional 682,899 shares during the last quarter. Allianz Asset Management GmbH increased its stake in Jabil by 180.1% during the third quarter. Allianz Asset Management GmbH now owns 758,326 shares of the technology company’s stock worth $164,686,000 after acquiring an additional 487,595 shares during the last quarter. Finally, Barclays PLC raised its position in Jabil by 125.4% in the third quarter. Barclays PLC now owns 588,155 shares of the technology company’s stock valued at $127,730,000 after purchasing an additional 327,238 shares during the period. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on JBL. JPMorgan Chase & Co. increased 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. 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. The Goldman Sachs Group reaffirmed a “buy” rating and set a $282.00 price objective on shares of Jabil in a research report on Thursday, January 15th. Zacks Research lowered Jabil from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 16th. Finally, Bank of America set a $265.00 price target on Jabil in a research note on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Jabil has an average rating of “Moderate Buy” and an average target price of $264.14.

Jabil Stock Down 4.4%

Shares of JBL opened at $241.10 on Friday. The company’s 50-day simple moving average is $247.58 and its 200-day simple moving average is $224.97. The company has a debt-to-equity ratio of 1.77, a quick ratio of 0.67 and a current ratio of 0.99. Jabil, Inc. has a 1 year low of $108.66 and a 1 year high of $281.37. The stock has a market capitalization of $25.46 billion, a PE ratio of 37.50, a P/E/G ratio of 1.54 and a beta of 1.22.

Jabil (NYSE:JBL) last announced its earnings results on Wednesday, December 17th. The technology company reported $2.85 earnings per share for the quarter, topping the consensus estimate of $2.70 by $0.15. The firm had revenue of $8.31 billion for 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 firm’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same period in the prior year, the firm 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. Analysts forecast that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.

Jabil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 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 was Tuesday, February 17th. Jabil’s dividend payout ratio (DPR) is presently 4.98%.

Insider Buying and Selling at Jabil

In other Jabil news, Chairman Mark T. Mondello sold 17,200 shares of the firm’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $250.00, for a total value of $4,300,000.00. Following the sale, the chairman directly owned 1,111,459 shares in the company, valued at $277,864,750. This trade represents a 1.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Anousheh Ansari sold 500 shares of the company’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $252.00, for a total value of $126,000.00. Following the transaction, the director directly owned 33,900 shares of the company’s stock, valued at approximately $8,542,800. This represents a 1.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 161,529 shares of company stock worth $37,901,485. 1.35% of the stock is currently owned by company insiders.

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.