Evolve Private Wealth LLC Purchases Shares of 29,208 Jabil, Inc. $JBL

Evolve Private Wealth LLC purchased a new stake in shares of Jabil, Inc. (NYSE:JBL) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 29,208 shares of the technology company’s stock, valued at approximately $6,660,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JBL. Norges Bank bought a new position in Jabil during the 4th quarter valued at $407,299,000. Arrowstreet Capital Limited Partnership boosted its stake in Jabil by 1,157.8% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,454,915 shares of the technology company’s stock valued at $315,964,000 after purchasing an additional 1,339,247 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Jabil by 45.7% during the 4th 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 in the last quarter. Massachusetts Financial Services Co. MA bought a new position in Jabil during the 4th quarter valued at $121,710,000. Finally, M&T Bank Corp grew its position in Jabil by 2,833.4% in the fourth quarter. M&T Bank Corp now owns 348,987 shares of the technology company’s stock worth $79,576,000 after buying an additional 337,090 shares during the last quarter. 93.39% of the stock is owned by institutional investors.

Insider Buying and Selling at Jabil

In related news, CEO Michael Dastoor sold 9,467 shares of the stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $286.64, for a total transaction of $2,713,620.88. Following the completion of the sale, the chief executive officer owned 253,099 shares in the company, valued at $72,548,297.36. This represents a 3.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Steven D. Borges sold 7,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $290.00, for a total value of $2,030,000.00. Following the completion of the sale, the executive vice president directly owned 76,524 shares in the company, valued at $22,191,960. This trade represents a 8.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 37,981 shares of company stock worth $11,360,740 in the last ninety days. 1.35% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on JBL. Barclays raised their price objective on Jabil from $283.00 to $304.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 18th. JPMorgan Chase & Co. raised their price objective on Jabil from $270.00 to $300.00 and gave the stock an “overweight” rating in a research note on Thursday, March 12th. Bank of America raised their price objective on Jabil from $295.00 to $354.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. The Goldman Sachs Group raised their price objective on Jabil from $336.00 to $384.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Finally, Stifel Nicolaus raised their price objective on Jabil from $290.00 to $430.00 and gave the stock a “buy” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $357.25.

Key Headlines Impacting Jabil

Here are the key news stories impacting Jabil this week:

• Positive Sentiment: Jabil reported fiscal third-quarter adjusted EPS of $3.16 on revenue of about $8.8 billion, both ahead of Wall Street expectations, showing strong execution and demand. Jabil Posts Third Quarter Results
• Positive Sentiment: The company raised full-year and fourth-quarter outlooks, signaling management sees continued momentum into the back half of the year. Jabil raises annual profit forecast amid strong data center demand
• Positive Sentiment: Management tied the stronger outlook to AI-led data-center demand, which supports the bullish view that Jabil is benefiting from the broader AI infrastructure buildout. Jabil tops fiscal Q3 earnings estimates, raises full-year outlook
• Positive Sentiment: Recent coverage also highlighted Jabil’s new partnership with Adani Group to build an AI and data-center manufacturing platform in India, adding another growth angle for investors watching the AI supply chain. Jabil Bets Big on India’s AI Infrastructure Push: Time to Buy?

Jabil Price Performance

NYSE JBL opened at $374.51 on Thursday. Jabil, Inc. has a fifty-two week low of $189.60 and a fifty-two week high of $428.93. The stock’s 50-day moving average is $345.94 and its two-hundred day moving average is $280.71. The company has a debt-to-equity ratio of 2.50, a current ratio of 1.01 and a quick ratio of 0.68. The firm has a market cap of $39.51 billion, a P/E ratio of 50.27, a price-to-earnings-growth ratio of 1.76 and a beta of 1.28.

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. Jabil had a return on equity of 80.96% and a net margin of 2.48%.The company had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.61 billion. During the same period last year, the company earned $2.55 earnings per share. 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. On average, analysts anticipate that Jabil, Inc. will post 11.37 earnings per share for the current fiscal year.

Jabil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Friday, May 15th were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, May 15th. Jabil’s payout ratio is currently 4.30%.

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.