Neuberger Berman Group LLC Has $10.21 Million Position in Jabil, Inc. $JBL

Neuberger Berman Group LLC increased its position in Jabil, Inc. (NYSE:JBL) by 207.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 46,812 shares of the technology company’s stock after acquiring an additional 31,593 shares during the quarter. Neuberger Berman Group LLC’s holdings in Jabil were worth $10,210,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. GFG Capital LLC acquired a new position in shares of Jabil during the second quarter worth $26,000. Traub Capital Management LLC acquired a new stake in Jabil in the second quarter valued at $33,000. Groupe la Francaise raised its position in Jabil by 35.2% during the 1st quarter. Groupe la Francaise now owns 246 shares of the technology company’s stock worth $34,000 after purchasing an additional 64 shares during the last quarter. Assetmark Inc. lifted its holdings in Jabil by 45.8% during the 2nd quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock worth $34,000 after buying an additional 49 shares during the period. Finally, Westside Investment Management Inc. grew its position in shares of Jabil by 757.1% in the 2nd quarter. Westside Investment Management Inc. now owns 180 shares of the technology company’s stock valued at $39,000 after buying an additional 159 shares during the last quarter. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Jabil Stock Down 5.0%

Jabil stock opened at $222.44 on Friday. The company has a market capitalization of $23.77 billion, a PE ratio of 37.32, a PEG ratio of 1.58 and a beta of 1.26. Jabil, Inc. has a 12-month low of $108.66 and a 12-month high of $237.14. The firm’s fifty day moving average is $210.10 and its 200 day moving average is $210.03. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 1.57.

Jabil (NYSE:JBL) last posted its quarterly earnings results on Thursday, September 25th. The technology company reported $3.29 EPS for the quarter, topping analysts’ consensus estimates of $2.92 by $0.37. Jabil had a net margin of 2.20% and a return on equity of 68.63%. The business had revenue of $8.25 billion during the quarter, compared to analysts’ expectations of $7.63 billion. During the same period last year, the company posted $2.30 earnings per share. The business’s quarterly revenue was up 18.5% on a year-over-year basis. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS and its FY 2026 guidance at 11.000-11.000 EPS. As a group, sell-side analysts predict that Jabil, Inc. will post 8.05 EPS for the current fiscal year.

Jabil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 2nd. Investors of record on Monday, November 17th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, November 17th. Jabil’s dividend payout ratio is 5.37%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Barclays raised their price objective on Jabil from $223.00 to $267.00 and gave the stock an “overweight” rating in a research report on Friday, September 26th. UBS Group set a $241.00 price target on shares of Jabil in a research report on Sunday, September 28th. Wall Street Zen upgraded shares of Jabil from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 3rd. Bank of America lifted their target price on shares of Jabil from $255.00 to $262.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Raymond James Financial set a $260.00 price target on shares of Jabil in a research report on Thursday, September 25th. One research 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. Based on data from MarketBeat, Jabil currently has an average rating of “Moderate Buy” and an average price target of $249.43.

Insiders Place Their Bets

In related news, CFO Gregory B. Hebard sold 6,086 shares of Jabil stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of $213.54, for a total value of $1,299,604.44. Following the completion of the sale, the chief financial officer owned 58,526 shares of the company’s stock, valued at approximately $12,497,642.04. This trade represents a 9.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Kristine Melachrino sold 6,579 shares of the business’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $213.40, for a total transaction of $1,403,958.60. Following the sale, the executive vice president owned 33,718 shares of the company’s stock, valued at $7,195,421.20. This trade represents a 16.33% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 131,762 shares of company stock valued at $28,129,921. 1.73% of the stock is currently owned by corporate insiders.

About Jabil

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).