Arrowstreet Capital Limited Partnership increased its holdings in Jones Lang LaSalle Incorporated (NYSE:JLL – Free Report) by 449.1% during the first quarter, HoldingsChannel reports. The fund owned 280,543 shares of the financial services provider’s stock after acquiring an additional 229,454 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Jones Lang LaSalle were worth $85,375,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Greenleaf Trust boosted its stake in Jones Lang LaSalle by 1.8% during the 4th quarter. Greenleaf Trust now owns 1,668 shares of the financial services provider’s stock valued at $561,000 after purchasing an additional 30 shares during the last quarter. Assetmark Inc. raised its stake in shares of Jones Lang LaSalle by 15.8% in the fourth quarter. Assetmark Inc. now owns 220 shares of the financial services provider’s stock worth $74,000 after purchasing an additional 30 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of Jones Lang LaSalle by 7.9% in the third quarter. IFP Advisors Inc now owns 544 shares of the financial services provider’s stock valued at $162,000 after purchasing an additional 40 shares in the last quarter. Hilton Head Capital Partners LLC boosted its position in shares of Jones Lang LaSalle by 40.4% during the first quarter. Hilton Head Capital Partners LLC now owns 146 shares of the financial services provider’s stock valued at $44,000 after buying an additional 42 shares during the last quarter. Finally, UMB Bank n.a. grew its holdings in Jones Lang LaSalle by 10.6% during the fourth quarter. UMB Bank n.a. now owns 490 shares of the financial services provider’s stock worth $165,000 after buying an additional 47 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.
Insider Transactions at Jones Lang LaSalle
In related news, Director Larry Quinlan sold 402 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $301.73, for a total transaction of $121,295.46. Following the completion of the sale, the director owned 4,369 shares in the company, valued at approximately $1,318,258.37. This trade represents a 8.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.91% of the company’s stock.
Jones Lang LaSalle Stock Down 0.1%
Jones Lang LaSalle (NYSE:JLL – Get Free Report) last announced its earnings results on Thursday, April 30th. The financial services provider reported $3.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.01 by $0.42. The firm had revenue of $6.39 billion during the quarter, compared to analyst estimates of $6 billion. Jones Lang LaSalle had a return on equity of 13.01% and a net margin of 3.35%.The business’s revenue was up 11.1% compared to the same quarter last year. During the same period last year, the firm posted $2.31 EPS. Analysts expect that Jones Lang LaSalle Incorporated will post 22.86 EPS for the current year.
More Jones Lang LaSalle News
Here are the key news stories impacting Jones Lang LaSalle this week:
- Positive Sentiment: Zacks Research slightly raised earnings estimates for multiple periods, including FY2026 EPS to $22.58 from $22.53, suggesting expectations remain solid for Jones Lang LaSalle’s profit outlook.
- Positive Sentiment: Analysts nudged up forecasts for Q1 2027, Q2 2027, Q3 2027, Q4 2026, and Q2 2026, indicating only incremental improvement in their view of JLL’s business momentum.
- Neutral Sentiment: Zacks Research still expects Jones Lang LaSalle to earn $22.58 per share in FY2026, close to the broader consensus estimate of $22.85 per share, so the changes were not dramatic.
- Negative Sentiment: The downgrade from Strong Buy to Hold is likely weighing on sentiment, as it signals less enthusiasm from the analyst despite relatively stable earnings forecasts. Zacks.com
Wall Street Analyst Weigh In
A number of research firms recently commented on JLL. Zacks Research lowered Jones Lang LaSalle from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Barclays upped their target price on shares of Jones Lang LaSalle from $348.00 to $366.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 13th. UBS Group increased their target price on shares of Jones Lang LaSalle from $425.00 to $445.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Finally, Weiss Ratings lowered shares of Jones Lang LaSalle from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 28th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $394.00.
Get Our Latest Research Report on Jones Lang LaSalle
About Jones Lang LaSalle
Jones Lang LaSalle Incorporated (NYSE: JLL) is a leading professional services firm specializing in real estate and investment management. The company provides a broad range of services including leasing, advisory, property and asset management, capital markets, project and development services, and valuation. Through its integrated platform, JLL serves corporate occupiers, institutional investors, real estate owners and developers, offering tailored solutions that span the entire real estate lifecycle.
Founded in 1783 in London as Jones Lang Wootton, the firm established a reputation for expertise in property management and brokerage.
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