EdgePoint Investment Group Inc. reduced its stake in Jones Lang LaSalle Incorporated (NYSE:JLL – Free Report) by 5.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,109,560 shares of the financial services provider’s stock after selling 111,968 shares during the quarter. Jones Lang LaSalle accounts for 4.7% of EdgePoint Investment Group Inc.’s investment portfolio, making the stock its 12th largest position. EdgePoint Investment Group Inc.’s holdings in Jones Lang LaSalle were worth $629,240,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of the company. Norges Bank purchased a new position in shares of Jones Lang LaSalle in the second quarter valued at approximately $160,187,000. Equity Investment Corp acquired a new stake in Jones Lang LaSalle during the 3rd quarter worth approximately $72,132,000. Wellington Management Group LLP lifted its holdings in Jones Lang LaSalle by 310.0% during the 3rd quarter. Wellington Management Group LLP now owns 290,148 shares of the financial services provider’s stock worth $86,545,000 after buying an additional 219,373 shares in the last quarter. Long Pond Capital LP purchased a new position in Jones Lang LaSalle in the 2nd quarter valued at approximately $51,370,000. Finally, Ensign Peak Advisors Inc grew its stake in shares of Jones Lang LaSalle by 749.7% in the second quarter. Ensign Peak Advisors Inc now owns 153,616 shares of the financial services provider’s stock worth $39,292,000 after acquiring an additional 135,538 shares in the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on the company. Weiss Ratings upgraded Jones Lang LaSalle from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 20th. Wall Street Zen raised Jones Lang LaSalle from a “buy” rating to a “strong-buy” rating in a research report on Sunday, January 11th. Zacks Research upgraded Jones Lang LaSalle from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. Barclays cut their target price on shares of Jones Lang LaSalle from $360.00 to $355.00 and set an “equal weight” rating on the stock in a research note on Friday. Finally, The Goldman Sachs Group raised their target price on shares of Jones Lang LaSalle from $361.00 to $407.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $363.17.
Jones Lang LaSalle News Roundup
Here are the key news stories impacting Jones Lang LaSalle this week:
- Positive Sentiment: JLL unveiled “Accelerate 2030” with long‑term targets (8% revenue, 12% adj. EBITDA, 16% adj. EPS growth) and said it will boost buybacks to $3B, including a $200M accelerated repurchase — strong cash‑return signal and strategic focus on data/AI services. PR Newswire
- Positive Sentiment: MarketWatch coverage highlights JLL increasing its share‑buyback to $3B — a direct shareholder‑value action that reduces float and typically supports the stock. MarketWatch
- Positive Sentiment: Analysts lifted estimates: Zacks Research raised Q1–Q4 and multi‑year EPS forecasts and has a “Strong‑Buy” stance — upward revisions bolster near‑term earnings expectations and valuation upside. Zacks
- Positive Sentiment: Broader analyst sentiment shows elevated price targets (consensus midpoint well above current levels) and multiple buy/strong‑buy ratings — analyst support helps momentum and investor confidence. Zacks Analysts Roundup
- Positive Sentiment: Technical/market factors: short interest has declined (~13.5% month‑over‑month), lowering short‑pressure and supporting upside potential.
- Neutral Sentiment: Routine index/disclosure activity: a share‑sale disclosure tied to Russell 1000 rebalancing was reported — informational rather than operational. KalkineMedia
- Negative Sentiment: Insider sale: Director Deborah McAneny sold 2,500 shares (~$751k) on March 10 — a modest negative signal on insider conviction, though size is small relative to institutional holdings. SEC filing: SEC Form 4
- Negative Sentiment: Barclays trimmed its price target slightly (from $360 to $355) and moved to an “equal weight” rating — a modest cautionary note versus other bullish coverage. Benzinga
Jones Lang LaSalle Stock Performance
NYSE JLL opened at $299.15 on Friday. The company has a fifty day moving average of $328.18 and a two-hundred day moving average of $318.29. The company has a market capitalization of $14.01 billion, a PE ratio of 18.23 and a beta of 1.42. Jones Lang LaSalle Incorporated has a 1 year low of $194.36 and a 1 year high of $363.06. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.23 and a quick ratio of 2.23.
Jones Lang LaSalle (NYSE:JLL – Get Free Report) last posted its earnings results on Wednesday, February 18th. The financial services provider reported $8.71 earnings per share for the quarter, beating the consensus estimate of $7.25 by $1.46. The business had revenue of $7.61 billion during the quarter, compared to the consensus estimate of $7.45 billion. Jones Lang LaSalle had a return on equity of 12.50% and a net margin of 3.03%.The business’s quarterly revenue was up 11.7% on a year-over-year basis. During the same period in the previous year, the business earned $6.15 EPS. As a group, analysts expect that Jones Lang LaSalle Incorporated will post 16.45 earnings per share for the current year.
Insider Buying and Selling at Jones Lang LaSalle
In other news, Director Deborah H. Mcaneny sold 2,500 shares of the stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $300.50, for a total value of $751,250.00. Following the completion of the sale, the director directly owned 14,985 shares of the company’s stock, valued at approximately $4,502,992.50. This represents a 14.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.91% of the company’s stock.
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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