Janus International Group, Inc. $JBI Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC lessened its holdings in Janus International Group, Inc. (NYSE:JBI) by 12.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,787 shares of the company’s stock after selling 5,417 shares during the period. Voya Investment Management LLC’s holdings in Janus International Group were worth $272,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Principal Financial Group Inc. lifted its holdings in shares of Janus International Group by 1.1% in the first quarter. Principal Financial Group Inc. now owns 212,713 shares of the company’s stock valued at $1,532,000 after purchasing an additional 2,338 shares in the last quarter. AlphaQuest LLC lifted its holdings in shares of Janus International Group by 336.2% in the first quarter. AlphaQuest LLC now owns 5,091 shares of the company’s stock valued at $37,000 after purchasing an additional 3,924 shares in the last quarter. Quarry LP purchased a new stake in shares of Janus International Group in the first quarter valued at about $43,000. CWM LLC lifted its holdings in shares of Janus International Group by 571.1% in the first quarter. CWM LLC now owns 11,012 shares of the company’s stock valued at $79,000 after purchasing an additional 9,371 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Janus International Group in the first quarter valued at about $72,000. Hedge funds and other institutional investors own 88.78% of the company’s stock.

Janus International Group Price Performance

Janus International Group stock opened at $9.87 on Tuesday. Janus International Group, Inc. has a 52-week low of $5.99 and a 52-week high of $10.80. The firm has a fifty day moving average of $9.87 and a 200-day moving average of $8.54. The firm has a market capitalization of $1.37 billion, a P/E ratio of 31.82 and a beta of 1.31. The company has a quick ratio of 2.26, a current ratio of 2.61 and a debt-to-equity ratio of 1.00.

Janus International Group (NYSE:JBI) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.05. The business had revenue of $228.10 million during the quarter, compared to analyst estimates of $216.99 million. Janus International Group had a net margin of 4.85% and a return on equity of 13.10%. The business’s revenue was down 8.2% on a year-over-year basis. During the same period last year, the business earned $0.21 EPS. Janus International Group has set its FY 2025 guidance at EPS. As a group, analysts predict that Janus International Group, Inc. will post 0.54 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on JBI shares. Wall Street Zen raised shares of Janus International Group from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. UBS Group upped their price objective on shares of Janus International Group from $9.00 to $10.00 and gave the company a “neutral” rating in a research note on Friday, August 8th. Jefferies Financial Group upped their price objective on shares of Janus International Group from $9.00 to $10.00 and gave the company a “hold” rating in a research note on Wednesday, August 20th. Finally, KeyCorp upped their price objective on shares of Janus International Group from $10.00 to $12.00 and gave the company an “overweight” rating in a research note on Friday, August 8th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $10.67.

About Janus International Group

Janus International Group, Inc manufacturers and supplies turn-key self-storage, and commercial and industrial building solutions in North America and internationally. The company offers roll up and swing doors, hallway systems, relocatable storage moveable additional storage structures units, and other solutions.