Empirical Asset Management LLC Invests $817,000 in Jabil, Inc. $JBL

Empirical Asset Management LLC bought a new stake in shares of Jabil, Inc. (NYSE:JBL) during the second quarter, Holdings Channel reports. The fund bought 2,120 shares of the technology company’s stock, valued at approximately $817,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in Jabil in the 2nd quarter worth $3,905,704,000. Norges Bank purchased a new position in Jabil during the fourth quarter valued at $407,299,000. Bank of New York Mellon Corp purchased a new position in Jabil during the second quarter valued at $411,079,000. JPMorgan Chase & Co. grew its position 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 valued at $429,714,000 after purchasing an additional 591,364 shares during the period. Finally, Deutsche Bank AG acquired a new stake in shares of Jabil in the second quarter valued at about $207,874,000. Institutional investors and hedge funds own 93.39% of the company’s stock.

Insider Activity at Jabil

In other news, EVP Matthew Crowley sold 94 shares of the company’s stock in a transaction 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 transaction, the executive vice president owned 57,536 shares of the company’s stock, valued at $19,849,920. This represents a 0.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.35% of the stock is currently owned by company insiders.

Jabil Price Performance

Shares of JBL stock opened at $338.93 on Wednesday. The firm’s 50-day moving average is $343.54 and its two-hundred day moving average is $314.32. Jabil, Inc. has a 12 month low of $189.60 and a 12 month high of $428.93. 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 company has a market capitalization of $35.52 billion, a PE ratio of 42.31, a price-to-earnings-growth ratio of 1.09 and a beta of 1.30.

Jabil (NYSE:JBL) last announced its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $8.61 billion. During the same quarter last year, the firm earned $2.55 EPS. The business’s 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. Analysts predict that Jabil, Inc. will post 11.71 earnings per share for the current year.

Jabil Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on JBL shares. Robert W. Baird upped their price target on shares of Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a research report on Thursday, June 18th. Stifel Nicolaus set a $460.00 price objective on Jabil and gave the stock a “buy” rating in a research note on Thursday, June 18th. The Goldman Sachs Group increased their target price on Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Weiss Ratings downgraded Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Finally, Argus set a $475.00 price target on Jabil in a research note on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the stock. According to data from MarketBeat.com, Jabil presently has a consensus rating of “Buy” and a consensus target price of $453.67.

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.