Mn Services Vermogensbeheer B.V. Has $9.65 Million Stake in Jabil, Inc. $JBL

Mn Services Vermogensbeheer B.V. lifted its position in Jabil, Inc. (NYSE:JBL) by 5.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 42,306 shares of the technology company’s stock after buying an additional 2,206 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Jabil were worth $9,647,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. First Horizon Corp bought a new position in Jabil during the third quarter valued at approximately $30,000. True Wealth Design LLC grew its position in Jabil by 250.0% in the third quarter. True Wealth Design LLC now owns 140 shares of the technology company’s stock worth $30,000 after acquiring an additional 100 shares in the last quarter. Banque Cantonale Vaudoise acquired a new position in shares of Jabil during the 3rd quarter worth $43,000. Rothschild Investment LLC raised its holdings in shares of Jabil by 51.1% during the 3rd quarter. Rothschild Investment LLC now owns 213 shares of the technology company’s stock valued at $46,000 after purchasing an additional 72 shares in the last quarter. Finally, Caitlin John LLC bought a new position in shares of Jabil during the 3rd quarter valued at $47,000. Institutional investors and hedge funds own 93.39% of the company’s stock.

Analysts Set New Price Targets

JBL has been the subject of several analyst reports. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Jabil in a research note on Thursday, December 18th. The Goldman Sachs Group restated a “buy” rating and set a $282.00 target price on shares of Jabil in a report on Thursday, January 15th. Barclays boosted their price target on Jabil from $283.00 to $304.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 18th. Bank of America upped their price target on Jabil from $280.00 to $295.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Finally, Zacks Research lowered Jabil from a “strong-buy” rating to a “hold” rating in a report on Monday, February 16th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Jabil has a consensus rating of “Moderate Buy” and a consensus price target of $283.25.

Jabil Price Performance

NYSE JBL opened at $272.25 on Thursday. Jabil, Inc. has a 1 year low of $108.66 and a 1 year high of $283.76. The company has a fifty day simple moving average of $256.42 and a 200 day simple moving average of $231.56. The company has a current ratio of 1.01, a quick ratio of 0.68 and a debt-to-equity ratio of 2.50. The company has a market cap of $28.75 billion, a P/E ratio of 36.54, a P/E/G ratio of 1.38 and a beta of 1.16.

Jabil (NYSE:JBL) last announced its earnings results on Wednesday, March 18th. The technology company reported $2.69 EPS for the quarter, topping the consensus estimate of $2.51 by $0.18. The firm had revenue of $8.28 billion for the quarter, compared to the consensus estimate of $7.75 billion. Jabil had a net margin of 2.48% and a return on equity of 80.96%. The business’s quarterly revenue was up 23.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.94 EPS. On average, sell-side analysts predict that Jabil, Inc. will post 8.05 EPS for the current year.

Jabil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 17th were paid 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 payout ratio is presently 4.30%.

Insider Buying and Selling at Jabil

In other Jabil news, CEO Michael Dastoor sold 15,000 shares of Jabil stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $246.91, for a total value of $3,703,650.00. Following the transaction, the chief executive officer directly owned 262,566 shares of the company’s stock, valued at $64,830,171.06. The trade was a 5.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Mark T. Mondello sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $236.25, for a total value of $4,725,000.00. Following the transaction, the chairman owned 1,151,459 shares of the company’s stock, valued at approximately $272,032,188.75. This trade represents a 1.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 80,018 shares of company stock worth $19,545,381 in the last ninety days. 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.