Zacks Research cut shares of Jones Lang LaSalle (NYSE:JLL – Free Report) from a strong-buy rating to a hold rating in a report released on Thursday morning,Zacks.com reports.
Other equities research analysts also recently issued research reports about the company. Barclays raised their price objective on Jones Lang LaSalle from $348.00 to $366.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 13th. UBS Group boosted their target price on shares of Jones Lang LaSalle from $425.00 to $445.00 and gave the stock 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 analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Jones Lang LaSalle presently has a consensus rating of “Moderate Buy” and an average target price of $394.00.
Check Out Our Latest Analysis on JLL
Jones Lang LaSalle Stock Performance
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 business 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% on a year-over-year basis. During the same quarter last year, the firm earned $2.31 EPS. On average, sell-side analysts predict that Jones Lang LaSalle will post 22.86 earnings per share for the current fiscal year.
Insider Activity at Jones Lang LaSalle
In other news, Director Larry Quinlan sold 402 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $301.73, for a total value of $121,295.46. Following the completion of the sale, the director owned 4,369 shares of the company’s stock, valued at $1,318,258.37. This trade represents a 8.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.91% of the company’s stock.
Institutional Investors Weigh In On Jones Lang LaSalle
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Moran Wealth Management LLC purchased a new stake in shares of Jones Lang LaSalle during the first quarter valued at $4,405,000. Perigon Wealth Management LLC purchased a new stake in Jones Lang LaSalle in the 4th quarter worth $3,901,000. Geode Capital Management LLC lifted its position in shares of Jones Lang LaSalle by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 990,836 shares of the financial services provider’s stock valued at $333,451,000 after acquiring an additional 15,995 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in Jones Lang LaSalle by 78.4% during the 4th quarter. Thrivent Financial for Lutherans now owns 28,895 shares of the financial services provider’s stock valued at $9,723,000 after acquiring an additional 12,699 shares in the last quarter. Finally, Jackson Creek Investment Advisors LLC acquired a new position in shares of Jones Lang LaSalle during the 4th quarter valued at about $1,507,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Jones Lang LaSalle
Here are the key news stories impacting Jones Lang LaSalle this week:
- Positive Sentiment: Zacks Research raised its EPS estimates for multiple periods, including FY2026 to $22.58 from $22.53, Q2 2026 to $4.33 from $4.32, Q3 2026 to $5.45 from $5.43, Q4 2026 to $9.38 from $9.35, Q1 2027 to $3.87 from $3.80, Q2 2027 to $5.54 from $5.52, Q3 2027 to $6.30 from $6.29, and Q4 2027 to $9.88 from $9.94. Zacks.com
- Neutral Sentiment: Zacks Research kept a “Hold” rating on Jones Lang LaSalle, suggesting a more cautious outlook even as it made small upward adjustments to near- and medium-term earnings expectations. Zacks.com
- Negative Sentiment: The downgrade from “Strong-Buy” to “Hold” signals reduced analyst enthusiasm and could cap gains if investors focus more on the softer recommendation than the modest estimate increases. Zacks.com
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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