Elevation Point Wealth Partners LLC Buys Shares of 5,775 Jabil, Inc. $JBL

Elevation Point Wealth Partners LLC bought a new stake in Jabil, Inc. (NYSE:JBL) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 5,775 shares of the technology company’s stock, valued at approximately $2,226,000.

Several other large investors have also recently made changes to their positions in the company. Empirical Finance LLC lifted its holdings in Jabil by 0.6% in the 1st quarter. Empirical Finance LLC now owns 5,405 shares of the technology company’s stock valued at $1,436,000 after purchasing an additional 31 shares in the last quarter. Assetmark Inc. grew its holdings in shares of Jabil by 10.6% during the first quarter. Assetmark Inc. now owns 344 shares of the technology company’s stock worth $91,000 after buying an additional 33 shares in the last quarter. PenderFund Capital Management Ltd. raised its position in shares of Jabil by 3.3% in the fourth quarter. PenderFund Capital Management Ltd. now owns 1,257 shares of the technology company’s stock valued at $287,000 after buying an additional 40 shares during the last quarter. Root Financial Partners LLC raised its position in shares of Jabil by 11.1% in the first quarter. Root Financial Partners LLC now owns 432 shares of the technology company’s stock valued at $115,000 after buying an additional 43 shares during the last quarter. Finally, Cidel Asset Management Inc. lifted its stake in shares of Jabil by 4.8% in the first quarter. Cidel Asset Management Inc. now owns 991 shares of the technology company’s stock worth $263,000 after buying an additional 45 shares in the last quarter. 93.39% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on JBL shares. Argus set a $475.00 price objective on shares of Jabil in a research note on Thursday, June 18th. The Goldman Sachs Group boosted their target price on Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Stifel Nicolaus set a $460.00 price target on Jabil and gave the company a “buy” rating in a research report on Thursday, June 18th. Robert W. Baird increased their price target on Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a report on Thursday, June 18th. Finally, 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 report 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 issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $453.67.

Insider Buying and Selling

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 owned by corporate insiders.

Jabil Price Performance

Jabil stock opened at $312.91 on Monday. The company has a current ratio of 0.98, a quick ratio of 0.66 and a debt-to-equity ratio of 2.17. The company has a 50-day moving average price of $340.28 and a 200 day moving average price of $315.92. Jabil, Inc. has a 12-month low of $189.60 and a 12-month high of $428.93. The stock has a market cap of $32.79 billion, a P/E ratio of 39.06, a PEG ratio of 0.94 and a beta of 1.30.

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

Jabil Announces Dividend

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 paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s dividend payout ratio (DPR) 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.