AustralianSuper Pty Ltd Sells 27,948 Shares of Jabil, Inc. $JBL

AustralianSuper Pty Ltd cut its stake in shares of Jabil, Inc. (NYSE:JBL) by 37.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,295 shares of the technology company’s stock after selling 27,948 shares during the quarter. AustralianSuper Pty Ltd’s holdings in Jabil were worth $10,271,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in shares of Jabil in the second quarter valued at $323,338,000. Boston Partners lifted its holdings in Jabil by 224.4% during the 2nd quarter. Boston Partners now owns 1,898,681 shares of the technology company’s stock worth $414,119,000 after purchasing an additional 1,313,338 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted 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 valued at $286,594,000 after buying an additional 682,899 shares during the period. Allianz Asset Management GmbH grew its stake in Jabil by 180.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 758,326 shares of the technology company’s stock worth $164,686,000 after buying an additional 487,595 shares in the last quarter. Finally, Westfield Capital Management Co. LP purchased a new stake in Jabil during the third quarter valued at about $57,799,000. 93.39% of the stock is currently owned by institutional investors.

Jabil Price Performance

NYSE:JBL opened at $254.53 on Wednesday. The stock has a 50 day moving average price of $246.71 and a 200 day moving average price of $224.25. Jabil, Inc. has a one year low of $108.66 and a one year high of $281.37. The company has a debt-to-equity ratio of 1.77, a quick ratio of 0.67 and a current ratio of 0.99. The stock has a market cap of $26.88 billion, a PE ratio of 39.58, a P/E/G ratio of 1.67 and a beta of 1.22.

Jabil (NYSE:JBL) last posted its earnings results on Wednesday, December 17th. The technology company reported $2.85 earnings per share (EPS) 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 analyst estimates of $8.07 billion. Jabil had a return on equity of 75.96% and a net margin of 2.26%.Jabil’s revenue was up 18.7% on a year-over-year basis. During the same quarter in the prior year, the company 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. Equities research analysts expect 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, March 3rd. Stockholders of record on Tuesday, February 17th were given a $0.08 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. Jabil’s dividend payout ratio (DPR) is currently 4.98%.

Insider Activity at Jabil

In related news, EVP Frederic E. Mccoy sold 22,011 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $224.93, for a total transaction of $4,950,934.23. Following the transaction, the executive vice president owned 100,376 shares of the company’s stock, valued at approximately $22,577,573.68. This represents a 17.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Adam E. Berry sold 1,596 shares of the stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $253.20, for a total transaction of $404,107.20. Following the sale, the senior vice president directly 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 161,529 shares of company stock valued at $37,901,485 in the last quarter. 1.35% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on JBL. Barclays lifted their price objective on Jabil from $267.00 to $283.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. Bank of America set a $265.00 price target on Jabil in a research note on Thursday, December 18th. UBS Group increased their price objective on shares of Jabil from $239.00 to $244.00 and gave the stock a “neutral” rating in a research note on Thursday, December 18th. JPMorgan Chase & Co. lifted their price objective on Jabil from $260.00 to $270.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Finally, Wall Street Zen downgraded shares of Jabil from a “strong-buy” rating to a “buy” rating in a report on Monday, February 23rd. 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. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $264.14.

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.