Allspring Global Investments Holdings LLC Cuts Stock Position in Jabil, Inc. $JBL

Allspring Global Investments Holdings LLC trimmed its holdings in shares of Jabil, Inc. (NYSE:JBL) by 1.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 159,115 shares of the technology company’s stock after selling 2,704 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 0.15% of Jabil worth $43,273,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Greenline Wealth Management LLC acquired a new stake in Jabil in the 4th quarter valued at $28,000. Veracity Capital LLC raised its position in shares of Jabil by 4,144.3% during the 4th quarter. Veracity Capital LLC now owns 3,735 shares of the technology company’s stock worth $31,000 after purchasing an additional 3,647 shares during the last quarter. Virtus Advisers LLC acquired a new position in shares of Jabil during the 4th quarter worth about $32,000. DV Equities LLC purchased a new position in Jabil in the 4th quarter valued at about $34,000. Finally, Wilkerson Advisory Group LLC acquired a new stake in Jabil in the 4th quarter worth about $34,000. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Insider Activity at Jabil

In other Jabil news, EVP Matthew Crowley sold 94 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $345.00, for a total value of $32,430.00. Following the transaction, the executive vice president owned 57,536 shares of the company’s stock, valued at $19,849,920. This represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Andrew Priestley sold 3,169 shares of the stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $330.00, for a total transaction of $1,045,770.00. Following the transaction, the executive vice president directly owned 57,098 shares of the company’s stock, valued at approximately $18,842,340. This trade represents a 5.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 4,263 shares of company stock worth $1,418,200. Company insiders own 1.35% of the company’s stock.

Analyst Ratings Changes

JBL has been the topic of a number of research reports. Robert W. Baird raised their price objective on Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a report on Thursday, June 18th. Weiss Ratings raised shares of Jabil from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 1st. UBS Group boosted their price target on shares of Jabil from $380.00 to $430.00 and gave the stock a “neutral” rating in a research report on Thursday, June 18th. The Goldman Sachs Group upped their price objective on shares of Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Finally, Stifel Nicolaus set a $460.00 price objective on shares of Jabil and gave the company a “buy” rating in a report on Thursday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $453.67.

Jabil Stock Performance

Jabil stock opened at $300.81 on Friday. The stock has a market cap of $31.52 billion, a price-to-earnings ratio of 37.55, a price-to-earnings-growth ratio of 0.90 and a beta of 1.28. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66. The firm has a 50 day simple moving average of $355.90 and a 200-day simple moving average of $299.35. Jabil, Inc. has a 1-year low of $189.60 and a 1-year high of $428.93.

Jabil (NYSE:JBL) last released its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $3.10 by $0.06. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The firm had revenue of $8.75 billion for the quarter, compared to analysts’ expectations of $8.61 billion. During the same period in the prior year, the firm posted $2.55 earnings per share. The firm’s quarterly revenue was up 11.8% on a year-over-year basis. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. On average, analysts expect that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Friday, August 14th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date is Friday, August 14th. Jabil’s payout ratio is 4.00%.

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.