Assenagon Asset Management S.A. Has $30.26 Million Holdings in Jabil, Inc. $JBL

Key Points

• Assenagon Asset Management cut its Jabil stake by 64.5% in the second quarter, selling 142,512 shares and retaining 78,502 shares valued at approximately $30.26 million. Institutional investors collectively own 93.39% of Jabil.
• Jabil reported quarterly results above expectations, with EPS of $3.16 versus the $3.10 consensus and revenue of $8.75 billion, up 11.8% year over year. The company provided fiscal 2026 EPS guidance of $12.70.
• Analysts remain broadly positive, with Jabil carrying an average “Buy” rating and a consensus price target of $453.67 versus a recent share price near $340.85. The company also declared a quarterly dividend of $0.08 per share, yielding about 0.1%.

Assenagon Asset Management S.A. trimmed its holdings in Jabil, Inc. (NYSE:JBL - Free Report) by 64.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 78,502 shares of the technology company's stock after selling 142,512 shares during the period. Assenagon Asset Management S.A. owned 0.07% of Jabil worth $30,261,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Greenline Wealth Management LLC acquired a new stake in Jabil during the 4th quarter valued at $28,000. Virtus Advisers LLC acquired a new position in shares of Jabil in the fourth quarter valued at $32,000. DV Equities LLC bought a new position in shares of Jabil in the fourth quarter valued at about $34,000. Wilkerson Advisory Group LLC bought a new position in shares of Jabil in the fourth quarter valued at about $34,000. Finally, Leonteq Securities AG acquired a new stake in shares of Jabil during the 4th quarter worth about $42,000. 93.39% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP Matthew Crowley sold 94 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $345.00, for a total transaction of $32,430.00. Following the sale, the executive vice president directly owned 57,536 shares of the company's stock, valued at approximately $19,849,920. This represents a 0.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.35% of the company's stock.

Jabil Trading Down 1.1%

JBL stock opened at $340.85 on Friday. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98. The company's 50-day simple moving average is $344.74 and its 200 day simple moving average is $308.37. Jabil, Inc. has a 52 week low of $189.60 and a 52 week high of $428.93. The company has a market capitalization of $35.72 billion, a PE ratio of 42.55, a price-to-earnings-growth ratio of 1.02 and a beta of 1.30.

Jabil (NYSE:JBL - Get Free Report) last released its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, topping analysts' consensus estimates of $3.10 by $0.06. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The business had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.61 billion. During the same period last year, the firm earned $2.55 earnings per share. Jabil's revenue for the quarter was up 11.8% compared to the same quarter last year. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. As a group, sell-side analysts anticipate that Jabil, Inc. will post 11.71 earnings per share for the current year.

Jabil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Friday, August 14th. Jabil's dividend payout ratio is presently 4.00%.

Analyst Ratings Changes

JBL has been the subject of several research analyst reports. Argus set a $475.00 target price on shares of Jabil in a report on Thursday, June 18th. Zacks Research raised shares of Jabil from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 2nd. UBS Group raised their price objective 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 boosted their price objective on Jabil from $384.00 to $482.00 and gave the stock a "buy" rating in a report on Thursday, June 18th. Finally, Weiss Ratings upgraded Jabil from a "buy (b-)" rating to a "buy (b)" rating in a research note on Wednesday, July 1st. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Jabil has an average rating of "Buy" and an average target price of $453.67.

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.

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