Van Lanschot Kempen Investment Management N.V. Purchases 10,833 Shares of Jabil, Inc. $JBL

Van Lanschot Kempen Investment Management N.V. increased its position in shares of Jabil, Inc. (NYSE:JBL) by 7.1% during the 4th quarter, Holdings Channel reports. The fund owned 164,233 shares of the technology company’s stock after buying an additional 10,833 shares during the quarter. Van Lanschot Kempen Investment Management N.V.’s holdings in Jabil were worth $37,448,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of JBL. Integrated Wealth Concepts LLC boosted its stake in Jabil by 34.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,811 shares of the technology company’s stock worth $382,000 after acquiring an additional 720 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Jabil by 70.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,320 shares of the technology company’s stock worth $2,493,000 after acquiring an additional 7,602 shares during the last quarter. Focus Partners Wealth boosted its stake in Jabil by 20.0% during the 1st quarter. Focus Partners Wealth now owns 4,967 shares of the technology company’s stock worth $676,000 after acquiring an additional 829 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in Jabil by 50.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 582 shares of the technology company’s stock worth $79,000 after acquiring an additional 194 shares during the last quarter. Finally, Jump Financial LLC bought a new position in Jabil during the 2nd quarter worth approximately $488,000. Institutional investors own 93.39% of the company’s stock.

Jabil Stock Performance

Shares of JBL opened at $384.64 on Friday. The company has a debt-to-equity ratio of 2.50, a quick ratio of 0.68 and a current ratio of 1.01. Jabil, Inc. has a twelve month low of $175.08 and a twelve month high of $386.64. The firm’s 50 day moving average price is $339.33 and its two-hundred day moving average price is $276.51. The firm has a market cap of $40.58 billion, a P/E ratio of 51.63, a PEG ratio of 1.96 and a beta of 1.28.

Jabil (NYSE:JBL) last announced its quarterly earnings results on Wednesday, March 18th. The technology company reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.51 by $0.18. Jabil had a net margin of 2.48% and a return on equity of 80.96%. The firm had revenue of $8.28 billion for the quarter, compared to analyst estimates of $7.75 billion. During the same quarter in the previous year, the firm posted $1.94 earnings per share. The business’s revenue was up 23.1% on a year-over-year basis. On average, analysts forecast that Jabil, Inc. will post 11.3 EPS for the current fiscal year.

Jabil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Friday, May 15th were paid a $0.08 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s payout ratio is presently 4.30%.

Analyst Ratings Changes

JBL has been the topic of several recent analyst reports. UBS Group lifted their price objective on shares of Jabil from $273.00 to $380.00 and gave the stock a “neutral” rating in a research note on Tuesday. Stifel Nicolaus lifted their price objective on shares of Jabil from $255.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Zacks Research lowered shares of Jabil from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. Robert W. Baird lifted their price target on shares of Jabil from $275.00 to $281.00 and gave the company an “outperform” rating in a research note on Thursday, March 19th. Finally, The Goldman Sachs Group lifted their price target on shares of Jabil from $336.00 to $384.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Jabil has an average rating of “Moderate Buy” and an average price target of $339.75.

Insider Transactions at Jabil

In other Jabil news, EVP Steven D. Borges sold 7,000 shares of Jabil stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $290.00, for a total value of $2,030,000.00. Following the transaction, the executive vice president owned 76,524 shares of the company’s stock, valued at approximately $22,191,960. The trade was a 8.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Michael Dastoor sold 9,467 shares of the business’s stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $286.64, for a total transaction of $2,713,620.88. Following the completion of the sale, the chief executive officer directly owned 253,099 shares in the company, valued at approximately $72,548,297.36. This represents a 3.61% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 37,981 shares of company stock valued at $11,360,740. 1.35% of the stock is currently owned by insiders.

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.