112,646 Shares in Jabil, Inc. $JBL Acquired by Empowered Funds LLC

Empowered Funds LLC acquired a new stake in Jabil, Inc. (NYSE:JBL) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 112,646 shares of the technology company’s stock, valued at approximately $43,423,000.

Other institutional investors and hedge funds have also modified their holdings of the company. United Capital Financial Advisors LLC bought a new stake in shares of Jabil in the 2nd quarter worth $1,639,000. Camarda Financial Advisors LLC bought a new position in shares of Jabil during the second quarter valued at $4,052,000. Yukon Wealth Management Inc. purchased a new stake in shares of Jabil during the second quarter valued at $234,000. Equitable Holdings Inc. purchased a new stake in shares of Jabil during the second quarter valued at $1,450,000. Finally, Centaurus Financial Inc. bought a new stake in Jabil in the 2nd quarter worth about $318,000. Institutional investors own 93.39% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Weiss Ratings cut shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. The Goldman Sachs Group lifted their price target on shares of Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. UBS Group upgraded shares of Jabil from a “neutral” rating to a “buy” rating and set a $430.00 price objective on the stock in a research report on Tuesday, August 11th. Argus set a $475.00 target price on shares of Jabil in a report on Thursday, June 18th. Finally, Barclays lifted their target price on shares of Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $453.67.

Jabil Trading Up 0.5%

Jabil stock opened at $312.60 on Friday. Jabil, Inc. has a 52-week low of $189.60 and a 52-week high of $428.93. The company has a market cap of $32.76 billion, a P/E ratio of 39.03, a P/E/G ratio of 0.93 and a beta of 1.30. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17. The business has a 50-day simple moving average of $334.90 and a two-hundred day simple moving average of $317.72.

Jabil (NYSE:JBL) last issued 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 firm 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 business’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.55 EPS. 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 predict that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Announces Dividend

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

Insiders Place Their Bets

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

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.