Assenagon Asset Management S.A. trimmed its position in Jones Lang LaSalle Incorporated (NYSE:JLL – Free Report) by 31.7% during the first quarter, HoldingsChannel.com reports. The fund owned 99,626 shares of the financial services provider’s stock after selling 46,326 shares during the period. Assenagon Asset Management S.A.’s holdings in Jones Lang LaSalle were worth $30,318,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Sunbelt Securities Inc. bought a new position in shares of Jones Lang LaSalle in the 3rd quarter valued at about $25,000. International Assets Investment Management LLC bought a new position in Jones Lang LaSalle during the fourth quarter worth $29,000. Activest Wealth Management raised its position in shares of Jones Lang LaSalle by 1,720.0% in the fourth quarter. Activest Wealth Management now owns 91 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 86 shares during the period. Hilton Head Capital Partners LLC acquired a new stake in shares of Jones Lang LaSalle during the 4th quarter worth about $35,000. Finally, True Wealth Design LLC boosted its stake in Jones Lang LaSalle by 13,200.0% in the 4th quarter. True Wealth Design LLC now owns 133 shares of the financial services provider’s stock valued at $45,000 after purchasing an additional 132 shares during the period. 94.80% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
JLL has been the topic of a number of recent analyst reports. Zacks Research upgraded Jones Lang LaSalle from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Weiss Ratings lowered shares of Jones Lang LaSalle from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, May 28th. UBS Group boosted 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, Barclays raised their price objective on shares of Jones Lang LaSalle from $348.00 to $366.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Jones Lang LaSalle has an average rating of “Moderate Buy” and an average target price of $394.00.
Insiders Place Their Bets
In other news, Director Larry Quinlan sold 403 shares of Jones Lang LaSalle stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $295.14, for a total value of $118,941.42. Following the completion of the transaction, the director owned 4,771 shares in the company, valued at $1,408,112.94. This trade represents a 7.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.91% of the stock is owned by corporate insiders.
Key Jones Lang LaSalle News
Here are the key news stories impacting Jones Lang LaSalle this week:
- Positive Sentiment: Zacks Research upgraded JLL from “Hold” to “Strong-Buy,” a direct bullish signal for the stock. Zacks.com
- Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $22.53 from $22.34, indicating improved expectations for this year’s earnings. MarketBeat JLL estimates
- Positive Sentiment: The firm also increased Q3 2026, Q4 2026, Q1 2027 and Q2 2027 EPS forecasts, reinforcing a more optimistic near-term outlook for Jones Lang LaSalle. MarketBeat JLL estimates
- Positive Sentiment: JLL was added to Zacks’ Rank #1 Strong Buy lists, including its “best value stocks” list, which may draw additional investor attention. New Strong Buy Stocks for June 25th
- Neutral Sentiment: Jones Lang LaSalle also announced details for its second-quarter 2026 earnings call, scheduled for July 30, which is a routine upcoming event rather than a new operating update. JLL earnings release and conference call
- Negative Sentiment: Zacks trimmed its FY2027 and FY2028 earnings estimates slightly, suggesting some caution about longer-term profitability despite the stronger near-term view. MarketBeat JLL estimates
Jones Lang LaSalle Price Performance
Shares of NYSE JLL opened at $314.84 on Friday. The company has a market capitalization of $14.61 billion, a PE ratio of 16.93 and a beta of 1.29. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.15. The stock’s 50 day moving average price is $308.76 and its 200-day moving average price is $319.13. Jones Lang LaSalle Incorporated has a twelve month low of $246.07 and a twelve month high of $363.06.
Jones Lang LaSalle (NYSE:JLL – Get Free Report) last released its earnings results on Thursday, April 30th. The financial services provider reported $3.43 EPS for the quarter, topping analysts’ consensus estimates of $3.01 by $0.42. The company had revenue of $6.39 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 11.1% compared to the same quarter last year. During the same period in the previous year, the business posted $2.31 EPS. On average, equities analysts anticipate that Jones Lang LaSalle Incorporated will post 22.84 EPS for the current year.
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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