Panagora Asset Management Inc. Sells 15,976 Shares of Jabil, Inc. $JBL

Posted by Francis Steltz on Jun 16th, 2026

Panagora Asset Management Inc. reduced its stake in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 7.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 200,663 shares of the technology company’s stock after selling 15,976 shares during the period. Panagora Asset Management Inc.’s holdings in Jabil were worth $45,755,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Greenline Wealth Management LLC bought a new stake in shares of Jabil during the 4th quarter worth $28,000. Virtus Advisers LLC bought a new stake in shares of Jabil during the 4th quarter worth $32,000. Wilkerson Advisory Group LLC bought a new stake in shares of Jabil during the 4th quarter worth $34,000. Leonteq Securities AG bought a new stake in shares of Jabil during the 4th quarter worth $42,000. Finally, Banque Cantonale Vaudoise bought a new stake in shares of Jabil during the 3rd quarter worth $43,000. 93.39% of the stock is owned by institutional investors.

Insider Activity at Jabil

In related news, EVP Steven D. Borges sold 7,000 shares of the stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 76,524 shares of the company’s stock, valued at $22,191,960. This represents a 8.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Michael Dastoor sold 9,467 shares of the stock in a transaction dated 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 transaction, the chief executive officer directly owned 253,099 shares of the company’s stock, valued at approximately $72,548,297.36. The trade was a 3.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 37,981 shares of company stock valued at $11,360,740 over the last three months. Corporate insiders own 1.35% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on JBL. Zacks Research downgraded shares of Jabil from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Robert W. Baird lifted their price objective on shares of Jabil from $275.00 to $281.00 and gave the stock an “outperform” rating in a report on Thursday, March 19th. Barclays lifted their price objective on shares of Jabil from $283.00 to $304.00 and gave the stock an “overweight” rating in a report on Wednesday, March 18th. Weiss Ratings downgraded shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Finally, Wall Street Zen downgraded shares of Jabil from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 11th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $357.25.

Check Out Our Latest Research Report on JBL

Jabil Stock Performance

Shares of NYSE:JBL opened at $384.36 on Tuesday. The company has a market cap of $40.55 billion, a price-to-earnings ratio of 51.59, a price-to-earnings-growth ratio of 1.82 and a beta of 1.28. The company has a 50-day moving average price of $341.64 and a 200-day moving average price of $278.34. The company has a current ratio of 1.01, a quick ratio of 0.68 and a debt-to-equity ratio of 2.50. Jabil, Inc. has a 12 month low of $177.18 and a 12 month high of $398.89.

Jabil (NYSE:JBL – Get Free Report) last issued its quarterly earnings data on Wednesday, March 18th. The technology company reported $2.69 EPS for the quarter, beating the consensus estimate of $2.51 by $0.18. The firm had revenue of $8.28 billion during 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 company’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.94 earnings per share. As a group, equities analysts anticipate that Jabil, Inc. will post 11.3 EPS for the current year.

Jabil Dividend Announcement

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

Jabil Profile

(Free Report)

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.