Envestnet Asset Management Inc. Has $67.73 Million Stake in Jabil, Inc. $JBL

Envestnet Asset Management Inc. increased its stake in Jabil, Inc. (NYSE:JBL) by 9.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 311,883 shares of the technology company’s stock after purchasing an additional 25,932 shares during the period. Envestnet Asset Management Inc. owned approximately 0.29% of Jabil worth $67,732,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank bought a new position in shares of Jabil during the second quarter worth about $323,338,000. Boston Partners boosted its position in Jabil by 224.4% during the 2nd quarter. Boston Partners now owns 1,898,681 shares of the technology company’s stock worth $414,119,000 after acquiring an additional 1,313,338 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its stake in shares of Jabil by 107.2% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,319,675 shares of the technology company’s stock worth $286,594,000 after acquiring an additional 682,899 shares in the last quarter. Allianz Asset Management GmbH raised its holdings in shares of Jabil by 180.1% in the third quarter. Allianz Asset Management GmbH now owns 758,326 shares of the technology company’s stock valued at $164,686,000 after purchasing an additional 487,595 shares during the last quarter. Finally, Amundi lifted its position in shares of Jabil by 103.2% in the second quarter. Amundi now owns 453,620 shares of the technology company’s stock worth $100,654,000 after purchasing an additional 230,422 shares in the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on JBL shares. Raymond James Financial reissued a “strong-buy” rating on shares of Jabil in a research report on Thursday, December 18th. Bank of America upped their target price on Jabil from $255.00 to $262.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Barclays raised their price target on Jabil from $267.00 to $283.00 and gave the company an “overweight” rating in a research note on Thursday, December 18th. Weiss Ratings reiterated a “hold (c)” rating on shares of Jabil in a research note on Friday, January 9th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $282.00 target price on shares of Jabil in a research note on Thursday, January 15th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Jabil has a consensus rating of “Buy” and a consensus target price of $263.71.

Jabil Trading Up 6.8%

JBL opened at $258.29 on Monday. The stock has a market capitalization of $27.27 billion, a price-to-earnings ratio of 40.17, a P/E/G ratio of 1.65 and a beta of 1.24. The company has a quick ratio of 0.67, a current ratio of 0.99 and a debt-to-equity ratio of 1.77. Jabil, Inc. has a twelve month low of $108.66 and a twelve month high of $260.56. The company has a 50-day simple moving average of $232.99 and a 200 day simple moving average of $219.44.

Jabil (NYSE:JBL) last issued its quarterly earnings results on Wednesday, December 17th. The technology company reported $2.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.70 by $0.15. Jabil had a return on equity of 75.96% and a net margin of 2.26%.The company had revenue of $8.31 billion for the quarter, compared to analyst estimates of $8.07 billion. During the same quarter last year, the company posted $2.00 EPS. The company’s revenue for the quarter was up 18.7% compared to the same quarter last year. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS. Analysts predict that Jabil, Inc. will post 8.05 EPS for the current fiscal year.

Jabil Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 17th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Tuesday, February 17th. Jabil’s dividend payout ratio is currently 4.98%.

Insider Activity

In other Jabil news, EVP Frederic E. Mccoy sold 22,011 shares of the stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $224.93, for a total transaction of $4,950,934.23. Following the completion of the sale, the executive vice president directly owned 100,376 shares in the company, valued at approximately $22,577,573.68. This trade represents a 17.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman Mark T. Mondello sold 50,000 shares of the stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $225.32, for a total value of $11,266,000.00. Following the transaction, the chairman owned 1,171,459 shares in the company, valued at $263,953,141.88. The trade was a 4.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 181,529 shares of company stock worth $42,145,485 in the last 90 days. 1.35% of the stock is owned by company insiders.

Jabil Company 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.