North Star Asset Management Inc. Buys New Stake in Jabil, Inc. $JBL

North Star Asset Management Inc. bought a new stake in Jabil, Inc. (NYSE:JBL) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 14,580 shares of the technology company’s stock, valued at approximately $5,620,000.

Several other institutional investors and hedge funds have also bought and sold shares of JBL. Rakuten Securities Inc. purchased a new stake in shares of Jabil during the 2nd quarter valued at $25,000. Greenline Wealth Management LLC acquired a new stake in shares of Jabil in the 4th quarter worth $28,000. Virtus Advisers LLC purchased a new position in Jabil during the 4th quarter worth $32,000. Wilkerson Advisory Group LLC purchased a new position in Jabil during the 4th quarter worth $34,000. Finally, DV Equities LLC acquired a new position in Jabil during the 4th quarter valued at about $34,000. 93.39% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Jabil

In related news, EVP Matthew Crowley sold 94 shares of Jabil 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 $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 available through this hyperlink. 1.35% of the stock is owned by company insiders.

Jabil Price Performance

NYSE JBL opened at $312.60 on Friday. The company 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 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’s fifty day moving average price is $334.90 and its 200 day moving average price 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 issued its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.06. The company had revenue of $8.75 billion during the quarter, compared to analysts’ expectations of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The firm’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. As a group, equities research analysts forecast that Jabil, Inc. will post 11.71 earnings per share for the current year.

Jabil Dividend Announcement

The company 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 (DPR) is presently 4.00%.

Analyst Upgrades and Downgrades

JBL has been the subject of a number of research analyst reports. Weiss Ratings cut Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Bank of America restated a “buy” rating and set a $470.00 price target on shares of Jabil in a research note on Thursday, June 18th. Raymond James Financial upped their price objective on shares of Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a report on Thursday, June 18th. Stifel Nicolaus set a $460.00 price objective on shares of Jabil and gave the company a “buy” rating in a research 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 note on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $453.67.

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.