Amundi Sells 12,652 Shares of Jabil, Inc. $JBL

Amundi cut its holdings in Jabil, Inc. (NYSE:JBL - Free Report) by 3.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 396,981 shares of the technology company's stock after selling 12,652 shares during the quarter. Amundi owned about 0.38% of Jabil worth $105,450,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of JBL. Greenline Wealth Management LLC acquired a new position in Jabil in the 4th quarter worth $28,000. Veracity Capital LLC lifted its holdings in shares of Jabil by 4,144.3% in the fourth quarter. Veracity Capital LLC now owns 3,735 shares of the technology company's stock valued at $31,000 after purchasing an additional 3,647 shares in the last quarter. Virtus Advisers LLC bought a new stake in shares of Jabil in the fourth quarter valued at about $32,000. DV Equities LLC acquired a new position in shares of Jabil during the fourth quarter worth about $34,000. Finally, Wilkerson Advisory Group LLC bought a new position in shares of Jabil during the fourth quarter worth about $34,000. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Jabil Trading Up 1.9%

NYSE JBL opened at $314.49 on Friday. Jabil, Inc. has a 12 month low of $189.60 and a 12 month high of $428.93. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17. The stock has a 50 day moving average of $347.90 and a 200-day moving average of $305.09. The company has a market cap of $32.96 billion, a PE ratio of 39.26, a PEG ratio of 0.94 and a beta of 1.28.

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

Jabil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders 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 yield of 0.1%. The ex-dividend date of this dividend is Friday, August 14th. Jabil's payout ratio is 4.00%.

Insider Transactions at Jabil

In other Jabil news, EVP Matthew Crowley sold 94 shares of the company's stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $345.00, for a total value of $32,430.00. Following the sale, the executive vice president owned 57,536 shares in the company, valued at $19,849,920. This represents a 0.16% 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. 1.35% of the stock is owned by corporate insiders.

Analyst Ratings Changes

JBL has been the topic of a number of recent research reports. Bank of America reissued a "buy" rating and issued a $470.00 target price on shares of Jabil in a research report on Thursday, June 18th. Argus set a $475.00 price target on shares of Jabil in a research note on Thursday, June 18th. Barclays lifted their price objective on shares of Jabil from $304.00 to $426.00 and gave the company an "overweight" rating in a report on Thursday, June 18th. The Goldman Sachs Group boosted their price objective on shares of Jabil from $384.00 to $482.00 and gave the stock a "buy" rating in a research report on Thursday, June 18th. Finally, Zacks Research upgraded shares of Jabil from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 2nd. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company 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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