Empowered Funds LLC Purchases Shares of 112,646 Jabil, Inc. $JBL

Key Points

• Empowered Funds LLC purchased 112,646 Jabil shares worth approximately $43.4 million, taking a roughly 0.11% stake. Institutional investors collectively own 93.39% of the company.
• Analysts remain broadly positive, with a consensus “Buy” rating and an average price target of $453.67; nine of 10 covering analysts rate the stock Buy or Strong Buy.
• Jabil beat quarterly expectations with adjusted EPS of $3.16 and revenue of $8.75 billion, up 11.8% year over year. The company also declared a quarterly dividend of $0.08 per share, yielding about 0.1%.

Empowered Funds LLC purchased a new position in shares of Jabil, Inc. (NYSE:JBL - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 112,646 shares of the technology company's stock, valued at approximately $43,423,000. Empowered Funds LLC owned about 0.11% of Jabil as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Stifel Nicolaus set a $460.00 target price on Jabil and gave the company a "buy" rating in a research note on Thursday, June 18th. JPMorgan Chase & Co. lifted their price target on Jabil from $395.00 to $450.00 and gave the stock an "overweight" rating in a research note on Thursday, June 18th. The Goldman Sachs Group upped their price target on Jabil from $384.00 to $482.00 and gave the company a "buy" rating in a research report on Thursday, June 18th. Argus set a $475.00 target price on shares of Jabil in a research report on Thursday, June 18th. Finally, Zacks Research cut Jabil from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 17th. One equities research 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 company's stock. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $453.67.

Insider Activity

In related news, EVP Matthew Crowley sold 94 shares of the company's stock in a transaction dated Monday, July 6th. The shares were 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 in the company, valued at $19,849,920. The trade was 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 corporate insiders.

Jabil Price Performance

Shares of NYSE JBL opened at $312.60 on Friday. The company has a 50 day simple moving average of $334.90 and a two-hundred day simple moving average of $317.72. Jabil, Inc. has a fifty-two week low of $189.60 and a fifty-two week high of $428.93. The company has a market capitalization of $32.76 billion, a price-to-earnings ratio of 39.03, a P/E/G ratio of 0.93 and a beta of 1.30. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98.

Jabil (NYSE:JBL - Get Free Report) 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. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The firm had revenue of $8.75 billion for the quarter, compared to analysts' expectations of $8.61 billion. During the same period in the previous year, the firm posted $2.55 EPS. The business's revenue for the quarter 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 expect that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Dividend Announcement

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

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