Banque Cantonale Vaudoise trimmed its holdings in Jabil, Inc. (NYSE:JBL – Free Report) by 57.4% during the 1st quarter, Holdings Channel.com reports. The fund owned 2,250 shares of the technology company’s stock after selling 3,032 shares during the period. Banque Cantonale Vaudoise’s holdings in Jabil were worth $598,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. PenderFund Capital Management Ltd. lifted its holdings in Jabil by 3.3% in the 4th quarter. PenderFund Capital Management Ltd. now owns 1,257 shares of the technology company’s stock worth $287,000 after purchasing an additional 40 shares in the last quarter. Cidel Asset Management Inc. raised its position in shares of Jabil by 4.8% during the first quarter. Cidel Asset Management Inc. now owns 991 shares of the technology company’s stock valued at $263,000 after buying an additional 45 shares during the last quarter. Brown Brothers Harriman & Co. lifted its holdings in shares of Jabil by 1.9% in the third quarter. Brown Brothers Harriman & Co. now owns 2,900 shares of the technology company’s stock worth $630,000 after buying an additional 54 shares in the last quarter. Measured Wealth Private Client Group LLC boosted its position in shares of Jabil by 2.1% during the third quarter. Measured Wealth Private Client Group LLC now owns 2,823 shares of the technology company’s stock worth $613,000 after acquiring an additional 59 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its stake in Jabil by 2.8% during the third quarter. Tower Research Capital LLC TRC now owns 2,225 shares of the technology company’s stock valued at $483,000 after acquiring an additional 60 shares in the last quarter. Hedge funds and other institutional investors own 93.39% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have commented on JBL shares. Weiss Ratings downgraded shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, April 24th. The Goldman Sachs Group boosted their target price on Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. UBS Group increased their price target on Jabil from $380.00 to $430.00 and gave the company a “neutral” rating in a research note on Thursday, June 18th. Barclays lifted their price objective on Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a research note on Thursday, June 18th. Finally, Stifel Nicolaus set a $460.00 target price on Jabil and gave the company a “buy” rating in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $453.67.
Insider Activity
In other news, EVP Andrew Priestley sold 3,169 shares of the stock in a transaction on Monday, April 20th. The stock was sold at an average price of $330.00, for a total transaction of $1,045,770.00. Following the completion of the sale, the executive vice president owned 57,098 shares in the company, valued at approximately $18,842,340. This represents a 5.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP May Yee Yap sold 1,634 shares of the stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $306.74, for a total value of $501,213.16. Following the completion of the sale, the senior vice president owned 23,787 shares of the company’s stock, valued at approximately $7,296,424.38. This trade represents a 6.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 35,981 shares of company stock worth $10,812,410 over the last ninety days. 1.35% of the stock is currently owned by corporate insiders.
Jabil Trading Down 0.1%
JBL opened at $358.15 on Monday. The stock has a 50-day moving average of $356.49 and a 200 day moving average of $288.35. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17. Jabil, Inc. has a 12 month low of $189.60 and a 12 month high of $428.93. The firm has a market cap of $37.78 billion, a P/E ratio of 44.71, a P/E/G ratio of 1.07 and a beta of 1.28.
Jabil (NYSE:JBL – Get Free Report) last released its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.06. The firm had revenue of $8.75 billion during the quarter, compared to analyst estimates of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The business’s revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the business earned $2.55 EPS. 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, research analysts forecast that Jabil, Inc. will post 11.71 EPS for the current year.
Jabil Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Friday, May 15th were given a $0.08 dividend. 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 payout ratio is presently 4.00%.
Jabil 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.
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