Robeco Institutional Asset Management B.V. Sells 176,188 Shares of Jabil, Inc. $JBL

Robeco Institutional Asset Management B.V. lowered its holdings in Jabil, Inc. (NYSE:JBL) by 18.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 767,829 shares of the technology company’s stock after selling 176,188 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Jabil were worth $220,259,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in Jabil by 2.2% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 15,417 shares of the technology company’s stock worth $4,423,000 after purchasing an additional 328 shares during the period. CWA Asset Management Group LLC boosted its holdings in Jabil by 1.2% during the third quarter. CWA Asset Management Group LLC now owns 44,142 shares of the technology company’s stock valued at $12,663,000 after purchasing an additional 506 shares in the last quarter. New Wave Wealth Advisors LLC acquired a new stake in Jabil during the third quarter valued at approximately $1,016,000. IFP Advisors Inc grew its stake in shares of Jabil by 1.9% in the 3rd quarter. IFP Advisors Inc now owns 2,984 shares of the technology company’s stock valued at $856,000 after purchasing an additional 55 shares during the period. Finally, Hutchens & Kramer Investment Management Group LLC grew its stake in shares of Jabil by 18.3% in the 3rd quarter. Hutchens & Kramer Investment Management Group LLC now owns 923 shares of the technology company’s stock valued at $265,000 after purchasing an additional 143 shares during the period. Institutional investors own 93.39% of the company’s stock.

Jabil Stock Performance

NYSE JBL opened at $276.92 on Wednesday. Jabil, Inc. has a 1-year low of $189.60 and a 1-year high of $428.93. The company has a 50 day moving average of $310.08 and a 200-day moving average of $329.03. The company has a current ratio of 0.99, a quick ratio of 0.65 and a debt-to-equity ratio of 1.78. The firm has a market cap of $29.02 billion, a price-to-earnings ratio of 28.32, a PEG ratio of 0.85 and a beta of 1.30.

Jabil (NYSE:JBL) last announced its earnings results on Wednesday, September 30th. The technology company reported $4.40 EPS for the quarter, topping the consensus estimate of $4.05 by $0.35. The business had revenue of $10.62 billion for the quarter, compared to the consensus estimate of $9.69 billion. Jabil had a return on equity of 89.50% and a net margin of 2.90%. Jabil’s revenue was up 28.6% compared to the same quarter last year. During the same period in the previous year, the business earned $3.29 EPS. Jabil has set its Q1 2027 guidance at 3.800-4.200 EPS and its FY 2027 guidance at 17.550-17.550 EPS. On average, equities analysts forecast that Jabil, Inc. will post 16.53 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Zacks Research upgraded Jabil from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 7th. Argus restated a “buy” rating and issued a $475.00 target price on shares of Jabil in a research note on Thursday, October 1st. Barclays reduced their target price on shares of Jabil from $426.00 to $378.00 and set an “overweight” rating on the stock in a research note on Thursday, October 1st. JPMorgan Chase & Co. upped their target price on shares of Jabil from $425.00 to $430.00 and gave the stock an “overweight” rating in a report on Thursday, October 1st. Finally, Weiss Ratings lowered shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, September 16th. Two research analysts have rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $434.22.

Jabil Company Profile

Jabil Inc is a global manufacturing services company that helps leading brands design, produce and manage the supply chains for a wide range of products. Its services include product design and engineering, electronics and mechanical manufacturing, assembly, testing, packaging, supply chain management and aftermarket services.

The company serves customers across several industries, including cloud and data center infrastructure, automotive, healthcare, mobility, consumer products, industrial technology and packaging.