ABN Amro Investment Solutions grew its holdings in Jabil, Inc. (NYSE:JBL – Free Report) by 82.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,883 shares of the technology company’s stock after buying an additional 2,662 shares during the quarter. ABN Amro Investment Solutions’ holdings in Jabil were worth $1,563,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also added to or reduced their stakes in JBL. Greenline Wealth Management LLC acquired a new stake in Jabil during the 4th quarter worth $28,000. Veracity Capital LLC grew its position in shares of Jabil by 4,144.3% in 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 period. Virtus Advisers LLC bought a new stake in Jabil during the 4th quarter worth approximately $32,000. DV Equities LLC bought a new position in Jabil in the fourth quarter valued at approximately $34,000. Finally, Wilkerson Advisory Group LLC acquired a new position in shares of Jabil in the fourth quarter valued at approximately $34,000. Institutional investors and hedge funds own 93.39% of the company’s stock.
Insider Activity
In related news, EVP Matthew Crowley sold 94 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $345.00, for a total transaction of $32,430.00. Following the transaction, the executive vice president owned 57,536 shares in the company, valued at $19,849,920. The trade was a 0.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Gary K. Schick sold 1,000 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $340.00, for a total transaction of $340,000.00. Following the completion of the transaction, the senior vice president owned 39,843 shares of the company’s stock, valued at $13,546,620. This trade represents a 2.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.35% of the company’s stock.
Jabil Stock Down 3.0%
Jabil (NYSE:JBL – Get Free Report) last announced its earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, beating the consensus estimate of $3.10 by $0.06. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The company had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. During the same quarter in the prior year, the company posted $2.55 earnings per share. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. Equities analysts forecast that Jabil, Inc. will post 11.71 earnings per share for the current year.
Jabil Announces Dividend
The company 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. The ex-dividend date is Friday, August 14th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s dividend payout ratio (DPR) is presently 4.00%.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on JBL shares. Wall Street Zen cut Jabil from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 11th. Bank of America reiterated a “buy” rating and set a $470.00 price objective on shares of Jabil in a research note on Thursday, June 18th. JPMorgan Chase & Co. increased their price objective on Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. Argus set a $475.00 price target on shares of Jabil in a research note on Thursday, June 18th. Finally, Zacks Research upgraded shares of Jabil from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 2nd. Two investment 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’s stock. According to data from MarketBeat, Jabil has an average rating of “Buy” and a consensus target price of $453.67.
Get Our Latest Research Report on JBL
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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