Wealthfront Advisers LLC Buys New Position in Jabil, Inc. $JBL

Wealthfront Advisers LLC purchased a new position in shares of Jabil, Inc. (NYSE:JBL) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 3,564 shares of the technology company’s stock, valued at approximately $1,374,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Greenline Wealth Management LLC acquired a new stake in Jabil in the fourth quarter valued at approximately $28,000. Veracity Capital LLC boosted its stake in shares of Jabil by 4,144.3% in the fourth 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 acquired a new stake in Jabil during the 4th quarter valued at $32,000. DV Equities LLC purchased a new stake in Jabil during the 4th quarter worth $34,000. Finally, Wilkerson Advisory Group LLC purchased a new stake in Jabil during the 4th quarter worth $34,000. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on JBL shares. JPMorgan Chase & Co. upped their price objective on shares of Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. UBS Group upgraded Jabil from a “neutral” rating to a “buy” rating and set a $430.00 price target on the stock in a research note on Tuesday, August 11th. Robert W. Baird increased their price target on Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a report on Thursday, June 18th. The Goldman Sachs Group raised their price objective on Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Finally, Weiss Ratings downgraded Jabil from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $453.67.

Jabil Price Performance

JBL opened at $312.91 on Friday. The company has a 50-day moving average of $340.28 and a 200-day moving average of $315.41. The company has a market capitalization of $32.79 billion, a P/E ratio of 39.06, a PEG ratio of 0.95 and a beta of 1.30. Jabil, Inc. has a 1-year low of $189.60 and a 1-year high of $428.93. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98.

Jabil (NYSE:JBL) last issued its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, topping the consensus estimate of $3.10 by $0.06. The business 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%. The company’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the company posted $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. Equities analysts expect that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Dividend Announcement

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

Insider Activity at Jabil

In other news, EVP Matthew Crowley sold 94 shares of Jabil stock in a transaction that occurred on Monday, July 6th. The stock was 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 trade represents a 0.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.35% of the company’s stock.

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.