Empirical Asset Management LLC Makes New $817,000 Investment in Jabil, Inc. $JBL

Empirical Asset Management LLC purchased a new stake in shares of Jabil, Inc. (NYSE:JBL) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,120 shares of the technology company’s stock, valued at approximately $817,000.

Several other institutional investors and hedge funds have also made changes to their positions in JBL. BlackRock Inc. purchased a new stake in shares of Jabil during the second quarter valued at $3,905,704,000. Norges Bank purchased a new position in Jabil in the 4th quarter worth $407,299,000. Bank of New York Mellon Corp acquired a new stake in Jabil during the 2nd quarter worth about $411,079,000. JPMorgan Chase & Co. lifted its position in Jabil by 45.7% during the 4th quarter. JPMorgan Chase & Co. now owns 1,884,545 shares of the technology company’s stock worth $429,714,000 after acquiring an additional 591,364 shares during the period. Finally, Deutsche Bank AG purchased a new stake in Jabil during the 2nd quarter valued at about $207,874,000. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on JBL shares. Robert W. Baird increased their price objective on Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a report on Thursday, June 18th. Argus set a $475.00 target price on Jabil in a research report on Thursday, June 18th. The Goldman Sachs Group increased their price target on shares of Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Stifel Nicolaus set a $460.00 price target on shares of Jabil and gave the stock a “buy” rating in a research report on Thursday, June 18th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a research note on Thursday, June 18th. Two analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $453.67.

Insider Buying and Selling at Jabil

In other Jabil news, EVP Matthew Crowley sold 94 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $345.00, for a total value of $32,430.00. Following the completion of the transaction, the executive vice president owned 57,536 shares in the company, valued at approximately $19,849,920. This represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.35% of the company’s stock.

Jabil Trading Down 8.4%

Jabil stock opened at $338.93 on Wednesday. The firm has a market cap of $35.52 billion, a PE ratio of 42.31, a P/E/G ratio of 1.09 and a beta of 1.30. Jabil, Inc. has a 12 month low of $189.60 and a 12 month high of $428.93. The stock’s 50 day simple moving average is $343.54 and its two-hundred day simple moving average is $314.32. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17.

Jabil (NYSE:JBL) last posted its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share 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 firm had revenue of $8.75 billion during the quarter, compared to analyst estimates of $8.61 billion. During the same period in the previous year, the firm earned $2.55 EPS. The business’s quarterly revenue 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. Analysts anticipate that Jabil, Inc. will post 11.71 earnings per share for the current year.

Jabil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Friday, August 14th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s payout ratio is presently 4.00%.

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.