Banque Cantonale Vaudoise Has $1.20 Million Holdings in Jabil, Inc. $JBL

Banque Cantonale Vaudoise grew its stake in Jabil, Inc. (NYSE:JBL) by 2,581.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,282 shares of the technology company’s stock after buying an additional 5,085 shares during the period. Banque Cantonale Vaudoise’s holdings in Jabil were worth $1,204,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rothschild Investment LLC lifted its stake in shares of Jabil by 51.1% in the third quarter. Rothschild Investment LLC now owns 213 shares of the technology company’s stock worth $46,000 after buying an additional 72 shares during the last quarter. Caitlin John LLC acquired a new stake in shares of Jabil in the third quarter worth $47,000. Assetmark Inc. lifted its stake in shares of Jabil by 40.4% in the third quarter. Assetmark Inc. now owns 219 shares of the technology company’s stock worth $48,000 after buying an additional 63 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of Jabil during the 4th quarter worth about $50,000. Finally, Root Financial Partners LLC acquired a new position in shares of Jabil during the 3rd quarter worth about $61,000. Institutional investors and hedge funds own 93.39% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Steven D. Borges sold 7,000 shares of the stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $290.00, for a total transaction of $2,030,000.00. Following the completion of the sale, the executive vice president owned 76,524 shares in the company, valued at $22,191,960. This trade represents a 8.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Michael Dastoor sold 9,467 shares of the stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $286.64, for a total transaction of $2,713,620.88. Following the sale, the chief executive officer owned 253,099 shares of the company’s stock, valued at $72,548,297.36. This trade represents a 3.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 37,981 shares of company stock worth $11,360,740 in the last 90 days. 1.35% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

JBL has been the subject of several research analyst reports. Weiss Ratings cut Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Robert W. Baird boosted their price objective on Jabil from $275.00 to $281.00 and gave the stock an “outperform” rating in a research report on Thursday, March 19th. Zacks Research cut Jabil from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. The Goldman Sachs Group upped their target price on shares of Jabil from $336.00 to $384.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Barclays upped their target price on shares of Jabil from $283.00 to $304.00 and gave the company an “overweight” rating in a research note on Wednesday, March 18th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Jabil presently has an average rating of “Moderate Buy” and a consensus price target of $303.38.

Jabil Trading Up 2.2%

Shares of JBL stock opened at $364.22 on Friday. Jabil, Inc. has a 52-week low of $161.52 and a 52-week high of $372.37. The stock has a market cap of $38.43 billion, a price-to-earnings ratio of 48.89, a P/E/G ratio of 1.85 and a beta of 1.29. The company has a debt-to-equity ratio of 2.50, a quick ratio of 0.68 and a current ratio of 1.01. The firm has a fifty day moving average of $307.65 and a 200-day moving average of $259.67.

Jabil (NYSE:JBL) last issued its earnings results on Wednesday, March 18th. The technology company reported $2.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.51 by $0.18. Jabil had a return on equity of 80.96% and a net margin of 2.48%.The business had revenue of $8.28 billion during the quarter, compared to analysts’ expectations of $7.75 billion. During the same period in the prior year, the firm posted $1.94 EPS. Jabil’s quarterly revenue was up 23.1% compared to the same quarter last year. On average, equities research analysts forecast that Jabil, Inc. will post 11.3 earnings per share for the current fiscal year.

Jabil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Friday, May 15th will be issued a $0.08 dividend. The ex-dividend date of this dividend is 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 4.30%.

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.