Amundi Purchases 275,571 Shares of Jabil, Inc. $JBL

Key Points

• Amundi increased its Jabil stake by 69.4% in the second quarter, acquiring 275,571 shares for a total holding of 672,552 shares valued at approximately $259.3 million. Institutional investors collectively own 93.39% of Jabil’s stock.
• Analyst sentiment remains positive, with Jabil receiving a consensus “Buy” rating and an average price target of $453.67; UBS, Goldman Sachs, and Raymond James recently raised their ratings or targets.
• Jabil exceeded quarterly expectations with adjusted EPS of $3.16 versus a $3.10 estimate and revenue of $8.75 billion, up 11.8% year over year. The company also maintains a quarterly dividend of $0.08 per share.

Amundi raised its position in Jabil, Inc. (NYSE:JBL - Free Report) by 69.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 672,552 shares of the technology company's stock after acquiring an additional 275,571 shares during the period. Amundi owned approximately 0.64% of Jabil worth $259,255,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Empirical Finance LLC increased its stake in Jabil by 0.6% during the 1st quarter. Empirical Finance LLC now owns 5,405 shares of the technology company's stock worth $1,436,000 after purchasing an additional 31 shares in the last quarter. Assetmark Inc. raised its holdings in Jabil by 10.6% during the 1st quarter. Assetmark Inc. now owns 344 shares of the technology company's stock worth $91,000 after buying an additional 33 shares during the period. PenderFund Capital Management Ltd. lifted its stake in Jabil by 3.3% in the fourth quarter. PenderFund Capital Management Ltd. now owns 1,257 shares of the technology company's stock valued at $287,000 after buying an additional 40 shares in the last quarter. Root Financial Partners LLC lifted its stake in Jabil by 11.1% in the first quarter. Root Financial Partners LLC now owns 432 shares of the technology company's stock valued at $115,000 after buying an additional 43 shares in the last quarter. Finally, Cidel Asset Management Inc. boosted its holdings in shares of Jabil by 4.8% in 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 period. 93.39% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Jabil

In related news, EVP Matthew Crowley sold 94 shares of the firm's stock in a transaction on Monday, July 6th. The shares were sold at an average price of $345.00, for a total value of $32,430.00. Following the completion of the transaction, the executive vice president directly owned 57,536 shares of the company's stock, valued at approximately $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.35% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on JBL shares. Zacks Research downgraded shares of Jabil from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 17th. UBS Group raised shares of Jabil from a "neutral" rating to a "buy" rating and set a $430.00 price objective on the stock in a research report on Tuesday, August 11th. The Goldman Sachs Group upped their target price on shares of Jabil from $384.00 to $482.00 and gave the stock a "buy" rating in a research note on Thursday, June 18th. Weiss Ratings upgraded Jabil from a "buy (b-)" rating to a "buy (b)" rating in a report on Monday, August 31st. Finally, Raymond James Financial lifted their price target on Jabil from $425.00 to $450.00 and gave the company a "strong-buy" rating in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $453.67.

Jabil Stock Performance

Shares of JBL opened at $310.50 on Tuesday. The stock has a market capitalization of $32.54 billion, a price-to-earnings ratio of 38.76, a PEG ratio of 0.70 and a beta of 1.29. Jabil, Inc. has a 12 month low of $189.60 and a 12 month high of $428.93. The firm has a fifty day simple moving average of $325.59 and a 200 day simple moving average of $320.02. 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 (NYSE:JBL - Get Free Report) last issued its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.10 by $0.06. The firm had revenue of $8.75 billion for 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 company's revenue was up 11.8% compared to the same quarter last year. During the same period in the previous 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. Research analysts forecast that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Friday, August 14th were issued 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, August 14th. Jabil's dividend payout ratio is presently 4.00%.

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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