Mediolanum International Funds Ltd trimmed its holdings in Jabil, Inc. (NYSE:JBL – Free Report) by 11.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 87,415 shares of the technology company’s stock after selling 10,847 shares during the period. Mediolanum International Funds Ltd’s holdings in Jabil were worth $21,633,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Greenline Wealth Management LLC acquired a new position in shares of Jabil during the 4th quarter worth approximately $28,000. Veracity Capital LLC lifted its holdings in Jabil by 4,144.3% during the 4th 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 during the last quarter. Virtus Advisers LLC bought a new position in Jabil during the fourth quarter worth $32,000. DV Equities LLC bought a new position in Jabil during the fourth quarter worth $34,000. Finally, Wilkerson Advisory Group LLC acquired a new position in shares of Jabil in the fourth quarter valued at $34,000. 93.39% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other news, SVP Gary K. Schick sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $340.00, for a total transaction of $340,000.00. Following the transaction, the senior vice president directly owned 39,843 shares of the company’s stock, valued at approximately $13,546,620. This trade represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Matthew Crowley sold 94 shares of Jabil stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $345.00, for a total transaction of $32,430.00. Following the completion of the sale, the executive vice president owned 57,536 shares of the company’s stock, valued at approximately $19,849,920. The trade was a 0.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 4,263 shares of company stock worth $1,418,200 in the last quarter. 1.35% of the stock is currently owned by corporate insiders.
Jabil Stock Performance
Jabil (NYSE:JBL – Get Free Report) last posted 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 company had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The company’s revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the firm 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 analysts forecast that Jabil, Inc. will post 11.71 EPS for the current year.
Jabil Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Friday, August 14th will be paid a $0.08 dividend. The ex-dividend date is Friday, August 14th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s payout ratio is 4.00%.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the stock. Stifel Nicolaus set a $460.00 price objective on shares of Jabil and gave the company a “buy” rating in a research report on Thursday, June 18th. Raymond James Financial lifted their target price on shares of Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a report on Thursday, June 18th. Weiss Ratings upgraded shares of Jabil from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 1st. Argus set a $475.00 price target on shares of Jabil in a report on Thursday, June 18th. Finally, Barclays raised their price objective on shares of Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a research report on Thursday, June 18th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $453.67.
Get Our Latest Report on Jabil
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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