Cresset Asset Management LLC Has $1.01 Million Holdings in Jabil, Inc. $JBL

Cresset Asset Management LLC grew its holdings in Jabil, Inc. (NYSE:JBL) by 132.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,643 shares of the technology company’s stock after acquiring an additional 2,647 shares during the quarter. Cresset Asset Management LLC’s holdings in Jabil were worth $1,008,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Norges Bank bought a new position in Jabil during the second quarter worth $323,338,000. Boston Partners boosted its holdings in Jabil by 224.4% in the 2nd quarter. Boston Partners now owns 1,898,681 shares of the technology company’s stock valued at $414,119,000 after purchasing an additional 1,313,338 shares during the period. Robeco Institutional Asset Management B.V. grew its position in Jabil by 107.2% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,319,675 shares of the technology company’s stock worth $286,594,000 after purchasing an additional 682,899 shares during the last quarter. Allianz Asset Management GmbH grew its position 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 purchasing an additional 487,595 shares during the last quarter. Finally, Westfield Capital Management Co. LP bought a new position in shares of Jabil during the 3rd quarter worth about $57,799,000. Institutional investors and hedge funds own 93.39% of the company’s stock.

Jabil Stock Performance

NYSE:JBL opened at $247.16 on Tuesday. The firm has a market capitalization of $26.10 billion, a PE ratio of 38.44, a price-to-earnings-growth ratio of 1.54 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, Inc. has a 12-month low of $108.66 and a 12-month high of $281.37. The firm has a 50-day moving average price of $247.82 and a 200 day moving average price of $225.41.

Jabil (NYSE:JBL) last released its quarterly earnings data on Wednesday, December 17th. The technology company reported $2.85 earnings per share for the quarter, beating analysts’ consensus estimates of $2.70 by $0.15. Jabil had a return on equity of 75.96% and a net margin of 2.26%.The company had revenue of $8.31 billion for the quarter, compared to the consensus estimate of $8.07 billion. During the same period in the previous year, the business earned $2.00 earnings per share. The company’s quarterly revenue was up 18.7% on a year-over-year basis. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS. Research analysts anticipate that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.

Jabil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th were paid a $0.08 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s payout ratio is currently 4.98%.

Analyst Ratings Changes

Several research firms recently weighed in on JBL. Wall Street Zen cut shares of Jabil from a “strong-buy” rating to a “buy” rating in a research note on Monday, February 23rd. JPMorgan Chase & Co. boosted their price target on Jabil from $260.00 to $270.00 and gave the company an “overweight” rating in a research note on Thursday, December 18th. Zacks Research cut Jabil from a “strong-buy” rating to a “hold” rating in a report on Monday, February 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Jabil in a research report on Friday, January 9th. Finally, UBS Group boosted their price objective on Jabil from $239.00 to $244.00 and gave the company a “neutral” rating in a research report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Jabil has an average rating of “Moderate Buy” and an average target price of $264.14.

Insider Transactions at Jabil

In other Jabil news, SVP Adam E. Berry sold 1,596 shares of the stock in a transaction 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 completion of the transaction, the senior vice president directly owned 18,920 shares in the company, valued at $4,790,544. This represents a 7.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman Mark T. Mondello sold 17,200 shares of Jabil stock in a transaction on Friday, January 16th. The shares were sold at an average price of $250.00, for a total value of $4,300,000.00. Following the transaction, the chairman directly owned 1,111,459 shares of the company’s stock, valued at approximately $277,864,750. The trade was a 1.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 161,529 shares of company stock valued at $37,901,485. 1.35% of the stock is owned by insiders.

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.