North Star Asset Management Inc. Makes New $5.62 Million Investment in Jabil, Inc. $JBL

North Star Asset Management Inc. bought a new position in shares of Jabil, Inc. (NYSE:JBL) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 14,580 shares of the technology company’s stock, valued at approximately $5,620,000.

Other large investors have also recently made changes to their positions in the company. Empowered Funds LLC bought a new position in shares of Jabil in the second quarter worth about $43,423,000. United Capital Financial Advisors LLC bought a new stake in Jabil during the 2nd quarter valued at about $1,639,000. Camarda Financial Advisors LLC bought a new stake in Jabil during the 2nd quarter valued at about $4,052,000. Yukon Wealth Management Inc. purchased a new stake in Jabil in the 2nd quarter valued at about $234,000. Finally, Equitable Holdings Inc. purchased a new stake in Jabil in the 2nd quarter valued at about $1,450,000. 93.39% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Matthew Crowley sold 94 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at $19,849,920. The trade was a 0.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.35% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on JBL. Raymond James Financial raised their target price on shares of Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a research report on Thursday, June 18th. JPMorgan Chase & Co. boosted their price target on Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. The Goldman Sachs Group increased their price objective on Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Argus set a $475.00 price objective on Jabil in a report on Thursday, June 18th. Finally, Barclays lifted their target price on Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. One 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. Based on data from MarketBeat, Jabil has a consensus rating of “Buy” and a consensus target price of $453.67.

Jabil Stock Up 0.5%

Shares of Jabil stock opened at $312.60 on Friday. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66. The stock has a market cap of $32.76 billion, a price-to-earnings ratio of 39.03, a PEG ratio of 0.93 and a beta of 1.30. The firm’s 50-day moving average is $334.90 and its two-hundred day moving average is $317.72. Jabil, Inc. has a 1 year low of $189.60 and a 1 year high of $428.93.

Jabil (NYSE:JBL) last posted its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS 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 business had revenue of $8.75 billion during the quarter, compared to analyst estimates of $8.61 billion. During the same quarter in the previous year, the business posted $2.55 EPS. The company’s quarterly revenue was up 11.8% compared to the same quarter last year. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. As a group, research analysts expect that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.

Jabil Dividend Announcement

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