Truist Financial Corp Sells 20,505 Shares of Jabil, Inc. $JBL

Market Beat
2026.05.12 11:15
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Truist Financial Corp reduced its stake in Jabil, Inc. by 54.3%, selling 20,505 shares, leaving it with 17,268 shares valued at $3.94 million. Other institutional investors also adjusted their positions. Analysts have set new price targets for Jabil, with ratings ranging from Strong Buy to Hold. The stock opened at $365.28, with a market cap of $38.54 billion. Jabil reported strong quarterly earnings, exceeding estimates, and announced a quarterly dividend of $0.08 per share, payable on June 2nd.