Jabil, Inc. $JBL Shares Sold by Evercore Wealth Management LLC

Evercore Wealth Management LLC cut its position in Jabil, Inc. (NYSE:JBL) by 8.5% during the first quarter, HoldingsChannel reports. The firm owned 32,796 shares of the technology company’s stock after selling 3,044 shares during the quarter. Evercore Wealth Management LLC’s holdings in Jabil were worth $8,712,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Integrated Wealth Concepts LLC lifted its position 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 worth $382,000 after purchasing an additional 720 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Jabil by 70.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,320 shares of the technology company’s stock valued at $2,493,000 after buying an additional 7,602 shares during the last quarter. Focus Partners Wealth increased its holdings in Jabil by 20.0% in the first quarter. Focus Partners Wealth now owns 4,967 shares of the technology company’s stock valued at $676,000 after buying an additional 829 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Jabil by 50.0% in 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 in the last quarter. Finally, Jump Financial LLC acquired a new stake in Jabil in the second quarter valued at $488,000. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Weiss Ratings raised Jabil from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 1st. Stifel Nicolaus set a $460.00 target price on Jabil and gave the stock a “buy” rating in a research report on Thursday, June 18th. Raymond James Financial boosted their target price on Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a research note on Thursday, June 18th. JPMorgan Chase & Co. increased their price target on shares of Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a research note on Thursday, June 18th. Finally, Robert W. Baird raised their price objective on shares of Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a report on Thursday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $453.67.

Insiders Place Their Bets

In other Jabil news, EVP Matthew Crowley sold 94 shares of Jabil stock in a transaction on 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 directly owned 57,536 shares in the company, valued at approximately $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 can be accessed through this hyperlink. Also, SVP Gary K. Schick sold 1,000 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $340.00, for a total transaction of $340,000.00. Following the completion of the sale, the senior vice president directly owned 39,843 shares of the company’s stock, valued at $13,546,620. The trade was a 2.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.35% of the stock is owned by corporate insiders.

Jabil Trading Down 0.4%

JBL opened at $311.22 on Tuesday. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17. Jabil, Inc. has a 52 week low of $189.60 and a 52 week high of $428.93. The business’s 50 day moving average is $351.60 and its two-hundred day moving average is $303.43. The firm has a market cap of $32.61 billion, a price-to-earnings ratio of 38.85, a price-to-earnings-growth ratio of 0.94 and a beta of 1.28.

Jabil (NYSE:JBL) last posted its quarterly earnings data 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 business had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The company’s revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the company earned $2.55 earnings per share. 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, research analysts predict that Jabil, Inc. will post 11.71 EPS for the current year.

Jabil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Friday, August 14th will be paid a dividend of $0.08 per share. 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 dividend 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.