EdgePoint Investment Group Inc. lessened 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 Securities and Exchange Commission. The institutional investor owned 2,109,560 shares of the financial services provider’s stock after selling 111,968 shares during the period. Jones Lang LaSalle comprises approximately 4.7% of EdgePoint Investment Group Inc.’s investment portfolio, making the stock its 12th largest holding. EdgePoint Investment Group Inc. owned 4.47% of Jones Lang LaSalle worth $629,240,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in the company. Chilton Capital Management LLC grew its position in Jones Lang LaSalle by 33.0% during the third quarter. Chilton Capital Management LLC now owns 133 shares of the financial services provider’s stock valued at $40,000 after buying an additional 33 shares during the period. Quent Capital LLC acquired a new position in shares of Jones Lang LaSalle during the 3rd quarter worth approximately $41,000. Root Financial Partners LLC acquired a new position in shares of Jones Lang LaSalle during the 3rd quarter worth approximately $44,000. Caldwell Trust Co purchased a new position in shares of Jones Lang LaSalle during the 2nd quarter valued at approximately $38,000. Finally, Steph & Co. acquired a new stake in Jones Lang LaSalle in the 3rd quarter valued at $50,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.
Jones Lang LaSalle News Summary
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
Insider Activity at Jones Lang LaSalle
Jones Lang LaSalle Stock Up 1.7%
Shares of NYSE:JLL opened at $299.15 on Friday. Jones Lang LaSalle Incorporated has a 52-week low of $194.36 and a 52-week high of $363.06. The stock has a market cap of $14.01 billion, a P/E ratio of 18.23 and a beta of 1.42. The business has a fifty day moving average of $328.18 and a two-hundred day moving average of $318.29. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.10.
Jones Lang LaSalle (NYSE:JLL – Get Free Report) last posted its quarterly earnings results on Wednesday, February 18th. The financial services provider reported $8.71 EPS for the quarter, topping the consensus estimate of $7.25 by $1.46. Jones Lang LaSalle had a return on equity of 12.50% and a net margin of 3.03%.The business had revenue of $7.61 billion for the quarter, compared to analyst estimates of $7.45 billion. During the same quarter in the previous year, the firm earned $6.15 EPS. The company’s quarterly revenue was up 11.7% compared to the same quarter last year. On average, research analysts expect that Jones Lang LaSalle Incorporated will post 16.45 earnings per share for the current year.
Wall Street Analysts Forecast Growth
JLL has been the subject of a number of research analyst reports. UBS Group upped their price objective on shares of Jones Lang LaSalle from $410.00 to $425.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Keefe, Bruyette & Woods reduced their price target on shares of Jones Lang LaSalle from $405.00 to $380.00 and set an “outperform” rating for the company in a research report on Tuesday, February 24th. Zacks Research raised shares of Jones Lang LaSalle from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. Wall Street Zen upgraded Jones Lang LaSalle from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 11th. Finally, Weiss Ratings raised Jones Lang LaSalle from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $363.17.
Read Our Latest Analysis on Jones Lang LaSalle
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.
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