Pictet Asset Management Holding SA Trims Stock Holdings in Jabil, Inc. $JBL

Pictet Asset Management Holding SA decreased its holdings in shares of Jabil, Inc. (NYSE:JBL) by 5.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,247 shares of the technology company’s stock after selling 3,227 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Jabil were worth $13,605,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Integrated Wealth Concepts LLC grew its position in shares of Jabil by 34.4% in the first quarter. Integrated Wealth Concepts LLC now owns 2,811 shares of the technology company’s stock valued at $382,000 after purchasing an additional 720 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Jabil by 70.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,320 shares of the technology company’s stock worth $2,493,000 after purchasing an additional 7,602 shares in the last quarter. Focus Partners Wealth lifted its holdings in Jabil by 20.0% during the 1st quarter. Focus Partners Wealth now owns 4,967 shares of the technology company’s stock worth $676,000 after purchasing an additional 829 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in Jabil by 50.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 582 shares of the technology company’s stock worth $79,000 after purchasing an additional 194 shares during the period. Finally, Jump Financial LLC purchased a new position in Jabil during the 2nd quarter valued at about $488,000. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Analysts Set New Price Targets

JBL has been the topic of several analyst reports. The Goldman Sachs Group upped their price target on Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Wall Street Zen cut shares of Jabil from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 11th. JPMorgan Chase & Co. upped their target price on shares of Jabil from $395.00 to $450.00 and gave the stock an “overweight” rating in a report on Thursday, June 18th. Zacks Research cut shares of Jabil from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. Finally, Weiss Ratings raised shares of Jabil from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $453.67.

Insider Activity

In other news, EVP Steven D. Borges sold 5,126 shares of Jabil stock in a transaction on Friday, April 17th. The shares were sold at an average price of $317.51, for a total transaction of $1,627,556.26. Following the completion of the sale, the executive vice president directly owned 71,398 shares of the company’s stock, valued at approximately $22,669,578.98. The trade was a 6.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Anousheh Ansari sold 2,000 shares of the stock in a transaction on Friday, April 10th. The shares were sold at an average price of $300.00, for a total value of $600,000.00. Following the completion of the transaction, the director directly owned 31,800 shares in the company, valued at approximately $9,540,000. This represents a 5.92% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 34,981 shares of company stock worth $10,539,610. Corporate insiders own 1.35% of the company’s stock.

Jabil Stock Performance

Shares of JBL opened at $342.26 on Friday. The company has a market cap of $36.11 billion, a PE ratio of 42.73, a price-to-earnings-growth ratio of 1.12 and a beta of 1.28. 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 price of $360.07 and a 200-day moving average price of $292.30. Jabil, Inc. has a 12-month low of $189.60 and a 12-month high of $428.93.

Jabil (NYSE:JBL) last posted its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, topping the consensus estimate of $3.10 by $0.06. The company had revenue of $8.75 billion for the quarter, compared to analysts’ expectations of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. Jabil’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the prior year, the business 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. As a group, equities analysts forecast that Jabil, Inc. will post 11.71 earnings per share for the current fiscal 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 issued a $0.08 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. Jabil’s dividend payout ratio is presently 4.00%.

Jabil Company 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.