NewEdge Wealth LLC purchased a new stake in shares of Jones Lang LaSalle Incorporated (NYSE:JLL – Free Report) in the 2nd quarter, Holdings Channel.com reports. The fund purchased 2,142 shares of the financial services provider’s stock, valued at approximately $664,000.
Several other institutional investors also recently modified their holdings of the business. Great Lakes Advisors LLC bought a new stake in shares of Jones Lang LaSalle in the second quarter worth $486,000. Danske Bank A S acquired a new position in Jones Lang LaSalle during the 2nd quarter worth about $11,093,000. Diversify Advisory Services LLC bought a new stake in shares of Jones Lang LaSalle in the 2nd quarter valued at about $750,000. First National Bank of Omaha acquired a new stake in shares of Jones Lang LaSalle in the second quarter valued at about $2,734,000. Finally, Equity Investment Corp bought a new position in shares of Jones Lang LaSalle during the second quarter worth about $81,056,000. Institutional investors own 94.80% of the company’s stock.
Jones Lang LaSalle Price Performance
Jones Lang LaSalle stock opened at $387.68 on Friday. The stock has a market capitalization of $17.84 billion, a price-to-earnings ratio of 18.58 and a beta of 1.25. Jones Lang LaSalle Incorporated has a 52-week low of $259.83 and a 52-week high of $393.84. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.40 and a current ratio of 2.40. The stock’s 50 day moving average price is $335.69 and its two-hundred day moving average price is $319.18.
Insider Buying and Selling at Jones Lang LaSalle
In other Jones Lang LaSalle news, CEO Christian Ulbrich sold 2,000 shares of Jones Lang LaSalle 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 completion of the sale, the chief executive officer directly owned 138,418 shares of the company’s stock, valued at approximately $53,364,291.54. The trade was a 1.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Larry Quinlan sold 402 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $301.73, for a total transaction of $121,295.46. Following the transaction, the director owned 4,369 shares in the company, valued at $1,318,258.37. This represents a 8.43% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 6,805 shares of company stock valued at $2,511,297. Insiders own 0.91% of the company’s stock.
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
Analyst Ratings Changes
A number of research firms have weighed in on JLL. Keefe, Bruyette & Woods increased their target price on shares of Jones Lang LaSalle from $375.00 to $415.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Barclays increased their price objective on shares of Jones Lang LaSalle from $368.00 to $401.00 and gave the stock an “equal weight” rating in a research report on Monday, August 17th. Raymond James Financial reissued a “strong-buy” rating and set a $500.00 target price on shares of Jones Lang LaSalle in a research note on Thursday, July 30th. Weiss Ratings raised shares of Jones Lang LaSalle from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday. Finally, Zacks Research downgraded Jones Lang LaSalle from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $423.33.
Check Out Our Latest Report on JLL
Jones Lang LaSalle 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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