Jones Lang LaSalle (NYSE:JLL) Price Target Raised to $368.00

Jones Lang LaSalle (NYSE:JLL) had its price target raised by Barclays from $366.00 to $368.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an equal weight rating on the financial services provider’s stock.

A number of other equities research analysts have also recently weighed in on JLL. UBS Group increased their price target on Jones Lang LaSalle from $425.00 to $445.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. Weiss Ratings cut shares of Jones Lang LaSalle from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 28th. Finally, Zacks Research downgraded shares of Jones Lang LaSalle from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $412.00.

Jones Lang LaSalle Trading Up 6.8%

Jones Lang LaSalle stock opened at $363.13 on Tuesday. The stock has a 50-day simple moving average of $311.23 and a 200 day simple moving average of $317.05. The stock has a market capitalization of $16.85 billion, a P/E ratio of 19.52 and a beta of 1.27. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.35 and a current ratio of 2.35. Jones Lang LaSalle has a 52 week low of $259.83 and a 52 week high of $363.89.

Jones Lang LaSalle (NYSE:JLL) last released its quarterly earnings data on Thursday, July 30th. The financial services provider reported $5.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.56 by $0.70. Jones Lang LaSalle had a return on equity of 13.01% and a net margin of 3.35%.The company had revenue of $6.93 billion during the quarter, compared to analysts’ expectations of $6.88 billion. During the same period last year, the firm posted $3.30 earnings per share. The business’s revenue was up 10.8% on a year-over-year basis. Analysts expect that Jones Lang LaSalle will post 22.86 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Larry Quinlan sold 402 shares of the business’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 directly owned 4,369 shares in the company, valued at $1,318,258.37. The trade was a 8.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.91% of the company’s stock.

Institutional Investors Weigh In On Jones Lang LaSalle

A number of hedge funds and other institutional investors have recently modified their holdings of JLL. M&T Bank Corp grew its stake in shares of Jones Lang LaSalle by 184,969.0% in the fourth quarter. M&T Bank Corp now owns 3,864,241 shares of the financial services provider’s stock valued at $1,300,201,000 after acquiring an additional 3,862,153 shares in the last quarter. AQR Capital Management LLC raised its stake in Jones Lang LaSalle by 426.7% in the 4th quarter. AQR Capital Management LLC now owns 899,625 shares of the financial services provider’s stock worth $302,697,000 after purchasing an additional 728,824 shares in the last quarter. Norges Bank acquired a new stake in Jones Lang LaSalle in the 4th quarter worth about $194,950,000. Eurizon Capital SGR S.p.A. bought a new stake in Jones Lang LaSalle in the 4th quarter valued at about $132,263,000. Finally, Millennium Management LLC grew its position in shares of Jones Lang LaSalle by 4,285.3% during the 3rd quarter. Millennium Management LLC now owns 350,821 shares of the financial services provider’s stock worth $104,643,000 after purchasing an additional 342,821 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Key Stories Impacting Jones Lang LaSalle

Here are the key news stories impacting Jones Lang LaSalle this week:

• Positive Sentiment: Q2 results exceeded expectations. Adjusted EPS reached $5.26, well above the $4.56 consensus estimate and up from $3.30 a year earlier. Revenue rose 10.8% year over year to $6.93 billion, also topping forecasts. JLL Reports Financial Results for Second-Quarter 2026
• Positive Sentiment: Profitability and cash flow improved sharply. Reported diluted EPS increased 98% to $4.59, net income attributable to common shareholders rose 92% to $215.6 million, adjusted EBITDA climbed 32% to $386.3 million, and operating cash flow increased 47% to $488.1 million. JLL Q2 revenue rises 11% to $6.9 billion
• Positive Sentiment: Growth was broad-based. Leasing Advisory revenue increased 24% and Capital Markets Services revenue rose 19%, while Real Estate Management Services grew 8%. Management also highlighted its Accelerate 2030 strategy and targeted full-year 2026 adjusted EPS of $24.60 to $25.90. JLL targets 2026 adjusted EPS
• Positive Sentiment: Share repurchases added support. JLL bought back $110 million of stock during the quarter and $410 million during the first half, with $2.6 billion remaining under its authorization.
• Neutral Sentiment: Analyst sentiment improved but remains measured. Earnings estimates were raised and Barclays increased its price target to $368, although the firm maintained a Hold rating. Barclays Raises JLL Price Target
• Negative Sentiment: Valuation and insider activity are potential concerns. GuruFocus characterized JLL as overvalued after the rally, while reported insider transactions showed sales and no purchases in the past six months. These factors could limit further upside, particularly with the stock near its 52-week high. JLL valuation and GF Score

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.