Evolve Private Wealth LLC Invests $2.47 Million in Jones Lang LaSalle Incorporated $JLL

Evolve Private Wealth LLC bought a new stake in Jones Lang LaSalle Incorporated (NYSE:JLL) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,970 shares of the financial services provider’s stock, valued at approximately $2,470,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in Jones Lang LaSalle in the 2nd quarter valued at about $1,446,414,000. AQR Capital Management LLC grew its holdings in shares of Jones Lang LaSalle by 426.7% in the fourth quarter. AQR Capital Management LLC now owns 899,625 shares of the financial services provider’s stock valued at $302,697,000 after acquiring an additional 728,824 shares in the last quarter. Norges Bank purchased a new stake in shares of Jones Lang LaSalle during the fourth quarter valued at approximately $194,950,000. Eurizon Capital SGR S.p.A. bought a new stake in Jones Lang LaSalle during the fourth quarter worth $132,263,000. Finally, Millennium Management LLC boosted its position in Jones Lang LaSalle by 4,285.3% in the third 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 during the last quarter. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Key Jones Lang LaSalle News

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

Insider Activity at Jones Lang LaSalle

In related news, CEO Christian Ulbrich sold 2,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 138,418 shares of the company’s stock, valued at approximately $53,364,291.54. This trade represents a 1.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Larry Quinlan sold 403 shares of the business’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $295.14, for a total transaction of $118,941.42. Following the sale, the director directly owned 4,771 shares in the company, valued at $1,408,112.94. The trade was a 7.79% decrease in their position. The SEC filing for this sale provides additional information. 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. 0.91% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Raymond James Financial restated a “strong-buy” rating and issued a $500.00 price objective on shares of Jones Lang LaSalle in a research note on Thursday, July 30th. Weiss Ratings upgraded shares of Jones Lang LaSalle from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday. Keefe, Bruyette & Woods raised their price objective on shares of Jones Lang LaSalle from $375.00 to $415.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Barclays lifted 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. Finally, Zacks Research downgraded shares of Jones Lang LaSalle from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $423.33.

Jones Lang LaSalle Trading Up 0.9%

Shares of JLL opened at $387.68 on Friday. Jones Lang LaSalle Incorporated has a fifty-two week low of $259.83 and a fifty-two week high of $393.84. The business has a 50-day moving average of $335.69 and a 200 day moving average of $319.18. The firm has a market cap of $17.84 billion, a P/E ratio of 18.58 and a beta of 1.25. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.40 and a current ratio of 2.40.

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

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.