Evolve Private Wealth LLC bought a new position in shares of Jones Lang LaSalle Incorporated (NYSE:JLL – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,970 shares of the financial services provider’s stock, valued at approximately $2,470,000.
A number of other institutional investors also recently modified their holdings of JLL. Sunbelt Securities Inc. acquired a new position in Jones Lang LaSalle during the third quarter worth about $25,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Jones Lang LaSalle during the second quarter worth $26,000. International Assets Investment Management LLC bought a new position in shares of Jones Lang LaSalle in the 4th quarter valued at $29,000. Activest Wealth Management grew its position in Jones Lang LaSalle by 1,720.0% during the 4th quarter. Activest Wealth Management now owns 91 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 86 shares during the last quarter. Finally, Johnson Financial Group Inc. bought a new position in Jones Lang LaSalle in the second quarter valued at about $34,000. Institutional investors and hedge funds own 94.80% of the company’s stock.
Analyst Ratings Changes
JLL has been the subject of several recent research reports. Barclays upped their price target on shares of Jones Lang LaSalle from $368.00 to $401.00 and gave the company an “equal weight” rating in a research report on Monday, August 17th. Weiss Ratings raised Jones Lang LaSalle from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday. Raymond James Financial reiterated a “strong-buy” rating and issued a $500.00 price target on shares of Jones Lang LaSalle in a research report on Thursday, July 30th. Zacks Research downgraded Jones Lang LaSalle from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 23rd. Finally, Keefe, Bruyette & Woods upped their target price on Jones Lang LaSalle from $375.00 to $415.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Jones Lang LaSalle presently has a consensus rating of “Moderate Buy” and a consensus target price of $423.33.
Insider Buying and Selling
In other Jones Lang LaSalle news, CEO Christian Ulbrich sold 2,000 shares of the firm’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $385.53, for a total value of $771,060.00. Following the transaction, the chief executive officer directly owned 138,418 shares of the company’s stock, valued at approximately $53,364,291.54. This trade represents a 1.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Larry Quinlan sold 403 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $295.14, for a total transaction of $118,941.42. Following the sale, the director directly owned 4,771 shares of the company’s stock, valued at approximately $1,408,112.94. The trade was a 7.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 6,805 shares of company stock worth $2,511,297 over the last ninety days. 0.91% of the stock is owned by insiders.
Jones Lang LaSalle News Roundup
Here are the key news stories impacting Jones Lang LaSalle this week:
- Positive Sentiment: Zacks Research raised multiple earnings forecasts. Estimates increased for FY2026 EPS to $24.63 from $22.58, FY2027 to $27.18 from $25.59, FY2028 to $31.25 from $29.37, Q4 2026 to $10.19 from $9.38, Q3 2027 to $7.03 from $6.30, Q4 2027 to $10.75 from $9.88, and Q2 2028 to $6.81 from $6.39. The revisions suggest analysts see stronger profit growth ahead, although Zacks maintained a “Hold” rating.
- Positive Sentiment: Wall Street’s overall view remains favorable. JLL has an average “Moderate Buy” rating and a consensus price target of $423.33. Barclays raised its target to $401, Keefe, Bruyette & Woods lifted its target to $415 while retaining an “Outperform” rating, and Raymond James maintained a “Strong Buy” rating with a $500 target.
- Neutral Sentiment: One estimate was trimmed. Zacks lowered its Q2 2027 EPS forecast slightly to $5.47 from $5.54, indicating that the earnings outlook is not uniformly stronger across every period.
- Negative Sentiment: CEO insider selling may temper enthusiasm. Chief Executive Officer Christian Ulbrich sold 2,000 shares for approximately $771,000 under a pre-arranged Rule 10b5-1 trading plan. He retains 140,418 shares, and the planned nature of the transaction reduces its significance as a signal of deteriorating fundamentals. Insider Selling: Jones Lang LaSalle CEO Sells 2,000 Shares
Jones Lang LaSalle Price Performance
Shares of NYSE JLL opened at $387.68 on Friday. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.15. The firm’s 50-day moving average price is $335.69 and its 200-day moving average price is $319.18. The firm has a market capitalization of $17.84 billion, a P/E ratio of 18.58 and a beta of 1.25. Jones Lang LaSalle Incorporated has a 1-year low of $259.83 and a 1-year high of $393.84.
Jones Lang LaSalle (NYSE:JLL – Get Free Report) last issued its earnings results on Thursday, July 30th. The financial services provider reported $5.26 EPS for the quarter, beating analysts’ consensus estimates of $4.56 by $0.70. The business had revenue of $6.93 billion during the quarter, compared to analyst estimates of $6.88 billion. Jones Lang LaSalle had a return on equity of 13.99% and a net margin of 3.64%.The firm’s revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the company posted $3.30 EPS. Equities research analysts anticipate that Jones Lang LaSalle Incorporated will post 24.59 earnings per share for the current fiscal year.
Jones Lang LaSalle Company Profile
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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