Zacks Research Issues Pessimistic Outlook for JLL Earnings

Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) - Equities researchers at Zacks Research reduced their Q1 2026 earnings estimates for Jones Lang LaSalle in a research report issued on Tuesday, June 24th. Zacks Research analyst R. Fatarpekar now expects that the financial services provider will post earnings of $2.70 per share for the quarter, down from their prior estimate of $2.77. The consensus estimate for Jones Lang LaSalle's current full-year earnings is $16.45 per share.

Several other research analysts also recently weighed in on the company. Citigroup reduced their target price on Jones Lang LaSalle from $275.00 to $240.00 and set a "neutral" rating for the company in a research note on Wednesday, May 28th. UBS Group cut their price target on shares of Jones Lang LaSalle from $340.00 to $305.00 and set a "buy" rating for the company in a report on Friday, April 11th. JPMorgan Chase & Co. decreased their price objective on shares of Jones Lang LaSalle from $327.00 to $285.00 and set an "overweight" rating on the stock in a report on Thursday, April 10th. Keefe, Bruyette & Woods cut their target price on shares of Jones Lang LaSalle from $325.00 to $280.00 and set an "outperform" rating for the company in a research note on Thursday, April 17th. Finally, Wall Street Zen downgraded shares of Jones Lang LaSalle from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, May 13th. One investment analyst has rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $305.00.

Jones Lang LaSalle Stock Performance

Shares of JLL stock opened at $254.09 on Friday. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.17. Jones Lang LaSalle has a 12-month low of $194.36 and a 12-month high of $288.50. The business's 50 day moving average is $229.85 and its two-hundred day moving average is $246.83. The company has a market capitalization of $12.06 billion, a P/E ratio of 22.97 and a beta of 1.31.

Jones Lang LaSalle (NYSE:JLL - Get Free Report) last posted its earnings results on Wednesday, May 7th. The financial services provider reported $2.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.02 by $0.29. Jones Lang LaSalle had a net margin of 2.23% and a return on equity of 10.37%. The business had revenue of $5.75 billion for the quarter, compared to analyst estimates of $5.65 billion. During the same period in the prior year, the company posted $1.78 EPS. The company's revenue for the quarter was up 12.1% on a year-over-year basis.

Insider Activity

In related news, CEO Andrew W. Poppink sold 275 shares of the stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $237.97, for a total value of $65,441.75. Following the completion of the sale, the chief executive officer now owns 10,297 shares of the company's stock, valued at approximately $2,450,377.09. This trade represents a 2.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.91% of the company's stock.

Institutional Trading of Jones Lang LaSalle

Large investors have recently added to or reduced their stakes in the stock. Swedbank AB boosted its position in shares of Jones Lang LaSalle by 9.8% during the 1st quarter. Swedbank AB now owns 436,433 shares of the financial services provider's stock valued at $108,196,000 after acquiring an additional 39,133 shares during the last quarter. Voya Investment Management LLC boosted its holdings in Jones Lang LaSalle by 21.7% in the 1st quarter. Voya Investment Management LLC now owns 49,545 shares of the financial services provider's stock valued at $12,283,000 after purchasing an additional 8,834 shares during the last quarter. Strs Ohio purchased a new stake in shares of Jones Lang LaSalle in the 1st quarter valued at approximately $26,616,000. Advisors Capital Management LLC increased its holdings in shares of Jones Lang LaSalle by 16.3% during the 1st quarter. Advisors Capital Management LLC now owns 25,357 shares of the financial services provider's stock worth $6,286,000 after buying an additional 3,548 shares during the last quarter. Finally, Acadian Asset Management LLC raised its position in shares of Jones Lang LaSalle by 270.3% during the 1st quarter. Acadian Asset Management LLC now owns 25,052 shares of the financial services provider's stock valued at $6,206,000 after buying an additional 18,287 shares during the period. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

About Jones Lang LaSalle

Jones Lang LaSalle Incorporated operates as a commercial real estate and investment management company. It engages in the buying, building, occupying, managing, and investing in a commercial, industrial, hotel, residential, and retail properties in Americas, Europe, the Middle East, Africa, and the Asia Pacific.

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