Cozad Asset Management Inc. Cuts Position in Jabil, Inc. $JBL

Cozad Asset Management Inc. cut its stake in shares of Jabil, Inc. (NYSE:JBL) by 9.9% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 20,040 shares of the technology company’s stock after selling 2,200 shares during the period. Cozad Asset Management Inc.’s holdings in Jabil were worth $4,352,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in JBL. JPMorgan Chase & Co. increased its stake in Jabil by 5.9% during the second quarter. JPMorgan Chase & Co. now owns 2,302,307 shares of the technology company’s stock worth $502,133,000 after acquiring an additional 129,212 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Jabil by 33.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 26,441 shares of the technology company’s stock worth $5,742,000 after purchasing an additional 6,594 shares during the period. Legal & General Group Plc increased its position in shares of Jabil by 0.9% during the 2nd quarter. Legal & General Group Plc now owns 413,902 shares of the technology company’s stock worth $90,272,000 after purchasing an additional 3,752 shares during the last quarter. Winnow Wealth LLC purchased a new stake in Jabil in the 3rd quarter valued at about $1,077,000. Finally, Envestnet Asset Management Inc. lifted its position in Jabil by 9.1% in the third quarter. Envestnet Asset Management Inc. now owns 311,883 shares of the technology company’s stock valued at $67,732,000 after buying an additional 25,932 shares during the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.

Insider Activity

In related news, EVP Steven D. Borges sold 10,000 shares of the business’s stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of $235.00, for a total transaction of $2,350,000.00. Following the completion of the transaction, the executive vice president owned 90,524 shares in the company, valued at approximately $21,273,140. The trade was a 9.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Frederic E. Mccoy sold 22,011 shares of the stock in a transaction on Friday, December 19th. The shares were sold at an average price of $224.93, for a total value of $4,950,934.23. Following the completion of the transaction, the executive vice president directly owned 100,376 shares in the company, valued at $22,577,573.68. This trade represents a 17.98% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 181,529 shares of company stock worth $42,145,485. Insiders own 1.35% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on JBL shares. Raymond James Financial reiterated a “strong-buy” rating on shares of Jabil in a research report on Thursday, December 18th. JPMorgan Chase & Co. upped their price target on Jabil from $260.00 to $270.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Barclays lifted their price objective on Jabil from $267.00 to $283.00 and gave the company an “overweight” rating in a research note on Thursday, December 18th. Wall Street Zen lowered Jabil from a “strong-buy” rating to a “buy” rating in a research note on Monday. Finally, Bank of America set a $265.00 target price on Jabil in a research report on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $264.14.

Jabil Trading Up 1.9%

JBL opened at $266.14 on Wednesday. The business has a fifty day moving average price of $242.56 and a 200 day moving average price of $222.65. The company has a debt-to-equity ratio of 1.77, a current ratio of 0.99 and a quick ratio of 0.67. Jabil, Inc. has a 12 month low of $108.66 and a 12 month high of $277.87. The stock has a market capitalization of $28.10 billion, a price-to-earnings ratio of 41.39, a PEG ratio of 1.67 and a beta of 1.24.

Jabil (NYSE:JBL) last announced its quarterly earnings data on Wednesday, December 17th. The technology company reported $2.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.70 by $0.15. Jabil had a return on equity of 75.96% and a net margin of 2.26%.The business had revenue of $8.31 billion during the quarter, compared to analysts’ expectations of $8.07 billion. During the same quarter last year, the business posted $2.00 EPS. The business’s quarterly revenue was up 18.7% compared to the same quarter last year. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 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 declared a quarterly dividend, which will be paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th will be paid a $0.08 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s payout ratio is currently 4.98%.

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.