Nicholas Investment Partners LP Buys New Position in Jones Lang LaSalle Incorporated $JLL

Nicholas Investment Partners LP bought a new stake in Jones Lang LaSalle Incorporated (NYSE:JLL) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 1,702 shares of the financial services provider’s stock, valued at approximately $528,000.

A number of other hedge funds and other institutional investors have also modified their holdings of JLL. Sunbelt Securities Inc. acquired a new stake in Jones Lang LaSalle during the third quarter worth approximately $25,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Jones Lang LaSalle in the 2nd quarter valued at $26,000. International Assets Investment Management LLC purchased a new position in shares of Jones Lang LaSalle during the 4th quarter worth $29,000. Activest Wealth Management lifted its stake in shares of Jones Lang LaSalle by 1,720.0% during the 4th quarter. Activest Wealth Management now owns 91 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 86 shares during the period. Finally, Johnson Financial Group Inc. acquired a new stake in shares of Jones Lang LaSalle during the second quarter worth $34,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related 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 transaction of $771,060.00. Following the sale, the chief executive officer owned 138,418 shares of the company’s stock, valued at $53,364,291.54. The trade was a 1.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Larry Quinlan sold 402 shares of Jones Lang LaSalle stock in a transaction that occurred 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 sale, the director owned 4,369 shares in the company, valued at $1,318,258.37. This represents a 8.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 6,805 shares of company stock valued at $2,511,297. Company insiders own 0.91% of the company’s stock.

Jones Lang LaSalle Price Performance

Jones Lang LaSalle stock opened at $387.62 on Tuesday. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $17.83 billion, a P/E ratio of 18.57 and a beta of 1.24. The firm has a fifty day moving average of $337.48 and a 200-day moving average of $319.34. Jones Lang LaSalle Incorporated has a 52-week low of $259.83 and a 52-week high of $393.84.

Jones Lang LaSalle (NYSE:JLL) last announced its quarterly earnings results on Thursday, July 30th. The financial services provider reported $5.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.56 by $0.70. The firm had revenue of $6.93 billion during the quarter, compared to the consensus estimate of $6.88 billion. Jones Lang LaSalle had a return on equity of 13.99% and a net margin of 3.64%.The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.30 EPS. As a group, analysts predict that Jones Lang LaSalle Incorporated will post 24.59 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on JLL shares. Raymond James Financial reiterated a “strong-buy” rating and issued a $500.00 target price on shares of Jones Lang LaSalle in a research note on Thursday, July 30th. Zacks Research lowered shares of Jones Lang LaSalle from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 23rd. Barclays lifted their price target on shares of Jones Lang LaSalle from $368.00 to $401.00 and gave the company an “equal weight” rating in a report on Monday, August 17th. Keefe, Bruyette & Woods upped their price objective on Jones Lang LaSalle from $375.00 to $415.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Finally, Weiss Ratings upgraded Jones Lang LaSalle from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $423.33.

Jones Lang LaSalle News Roundup

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

• Positive Sentiment: Zacks upgraded JLL to Rank #2 (Buy), citing improving earnings prospects. The upgrade could support the shares by signaling greater analyst optimism about the company’s near-term fundamentals. Jones Lang LaSalle Upgraded to Buy: Here’s Why
• Positive Sentiment: JLL led the $435 million sale of One Marina Park Drive, a 494,938-square-foot trophy office tower in Boston’s Seaport District. The transaction highlights JLL’s capital-markets capabilities and suggests institutional investors are returning to premium, supply-constrained office properties. Trophy Seaport office tower trades for $435M
• Positive Sentiment: Several Zacks reports identify JLL as attractive for growth, momentum and “momentum at a bargain” investors. These screens may reinforce buying interest, particularly after the company’s recent earnings beat and revenue growth. Why Growth Investors Should Buy JLL Now
• Neutral Sentiment: Coverage also reviews forecasts for JLL’s fiscal 2026 earnings and third-quarter results, but the supplied reports do not provide new forecast figures or a material estimate change. Zacks Research’s Forecast for JLL FY2026 Earnings
• Neutral Sentiment: The Boston sale is encouraging for premium office demand, but a single trophy-asset transaction may not signal a broad recovery across weaker office properties. What Does JLL Boston Tower Deal Mean For Office Demand?

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.