Corient Private Wealth LP Purchases Shares of 61,453 Jabil, Inc. $JBL

Corient Private Wealth LP acquired a new stake in Jabil, Inc. (NYSE:JBL) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 61,453 shares of the technology company’s stock, valued at approximately $23,665,000. Corient Private Wealth LP owned approximately 0.06% of Jabil as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in JBL. BlackRock Inc. bought a new position in Jabil in the 2nd quarter worth approximately $3,905,704,000. State Street Corp raised its position in shares of Jabil by 0.7% during the third quarter. State Street Corp now owns 5,199,646 shares of the technology company’s stock valued at $1,129,207,000 after buying an additional 36,646 shares during the last quarter. Primecap Management Co. CA raised its position in shares of Jabil by 0.4% during the fourth quarter. Primecap Management Co. CA now owns 3,343,670 shares of the technology company’s stock valued at $762,424,000 after buying an additional 12,600 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Jabil by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 2,913,157 shares of the technology company’s stock worth $661,783,000 after buying an additional 42,422 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Jabil by 45.7% in the fourth quarter. JPMorgan Chase & Co. now owns 1,884,545 shares of the technology company’s stock worth $429,714,000 after buying an additional 591,364 shares in the last quarter. Institutional investors own 93.39% of the company’s stock.

Insider Buying and Selling at Jabil

In related news, EVP Matthew Crowley sold 94 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $345.00, for a total transaction of $32,430.00. Following the sale, 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.35% of the company’s stock.

Wall Street Analysts Forecast Growth

JBL has been the subject of several research analyst reports. The Goldman Sachs Group raised their target price on shares of Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. JPMorgan Chase & Co. increased their price objective on shares of Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. Argus set a $475.00 price objective on Jabil in a research report on Thursday, June 18th. Robert W. Baird lifted their target price on Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a report on Thursday, June 18th. Finally, Weiss Ratings downgraded Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. One 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 MarketBeat, Jabil presently has an average rating of “Buy” and a consensus target price of $453.67.

Jabil Stock Down 3.4%

Shares of NYSE JBL opened at $301.69 on Friday. 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, Inc. has a 12-month low of $189.60 and a 12-month high of $428.93. The firm’s 50-day moving average price is $333.51 and its 200-day moving average price is $317.61. The stock has a market capitalization of $31.61 billion, a price-to-earnings ratio of 37.66, a P/E/G ratio of 0.93 and a beta of 1.30.

Jabil (NYSE:JBL) last released 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. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The company had revenue of $8.75 billion during the quarter, compared to analyst estimates of $8.61 billion. During the same quarter last year, the business posted $2.55 earnings per share. The firm’s 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. On average, equities research analysts anticipate that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Dividend Announcement

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