Evolve Private Wealth LLC Acquires New Shares in Jabil, Inc. $JBL

Evolve Private Wealth LLC bought 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 & Exchange Commission. The institutional investor bought 24,169 shares of the technology company’s stock, valued at approximately $9,317,000. Jabil comprises 0.6% of Evolve Private Wealth LLC’s holdings, making the stock its 23rd biggest position.

Several other institutional investors also recently bought and sold shares of JBL. Integrated Wealth Concepts LLC raised its position in shares of Jabil by 34.4% in the first quarter. Integrated Wealth Concepts LLC now owns 2,811 shares of the technology company’s stock valued at $382,000 after purchasing an additional 720 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Jabil by 70.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,320 shares of the technology company’s stock worth $2,493,000 after buying an additional 7,602 shares during the period. Focus Partners Wealth boosted its holdings in shares of Jabil by 20.0% during the 1st quarter. Focus Partners Wealth now owns 4,967 shares of the technology company’s stock worth $676,000 after buying an additional 829 shares during the period. Geneos Wealth Management Inc. grew its stake in Jabil by 50.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 582 shares of the technology company’s stock valued at $79,000 after buying an additional 194 shares during the last quarter. Finally, Jump Financial LLC acquired a new position in Jabil in the 2nd quarter valued at $488,000. 93.39% of the stock is currently owned by institutional investors.

Jabil Stock Down 1.2%

NYSE JBL opened at $312.91 on Friday. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98. The firm has a 50-day simple moving average of $340.28 and a 200 day simple moving average of $315.41. Jabil, Inc. has a twelve month low of $189.60 and a twelve month high of $428.93. The stock has a market cap of $32.79 billion, a PE ratio of 39.06, a PEG ratio of 0.94 and a beta of 1.30.

Jabil (NYSE:JBL) last issued its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.10 by $0.06. The firm had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The company’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period in the previous 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. On average, research analysts forecast that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders 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 dividend 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%.

Analysts Set New Price Targets

A number of research firms have weighed in on JBL. Stifel Nicolaus set a $460.00 target price on shares of Jabil and gave the stock a “buy” rating in a research report on Thursday, June 18th. Bank of America reaffirmed a “buy” rating and issued a $470.00 price target on shares of Jabil in a research report on Thursday, June 18th. JPMorgan Chase & Co. lifted their price objective on Jabil from $395.00 to $450.00 and gave the stock an “overweight” rating in a research note on Thursday, June 18th. Raymond James Financial boosted their price objective on Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a research report on Thursday, June 18th. Finally, Barclays raised their target price on Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $453.67.

Insider Activity at Jabil

In other news, EVP Matthew Crowley sold 94 shares of Jabil stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $345.00, for a total transaction of $32,430.00. Following the sale, the executive vice president directly owned 57,536 shares in the company, valued at approximately $19,849,920. The trade was a 0.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.35% of the company’s stock.

About Jabil

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.