Zacks Research Has Pessimistic Outlook of JLL Q2 Earnings

Jones Lang LaSalle Incorporated (NYSE:JLL) – Analysts at Zacks Research dropped their Q2 2026 earnings per share (EPS) estimates for shares of Jones Lang LaSalle in a research note issued to investors on Wednesday, January 15th. Zacks Research analyst R. Fatarpekar now expects that the financial services provider will earn $4.41 per share for the quarter, down from their previous forecast of $4.42. The consensus estimate for Jones Lang LaSalle’s current full-year earnings is $13.60 per share.

Jones Lang LaSalle (NYSE:JLL) last issued its earnings results on Wednesday, November 6th. The financial services provider reported $3.50 earnings per share for the quarter, topping analysts’ consensus estimates of $2.67 by $0.83. The firm had revenue of $5.87 billion during the quarter, compared to analyst estimates of $5.62 billion. Jones Lang LaSalle had a net margin of 2.12% and a return on equity of 8.95%. Jones Lang LaSalle’s revenue for the quarter was up 14.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.01 earnings per share.

Several other equities research analysts have also recently weighed in on the stock. The Goldman Sachs Group started coverage on shares of Jones Lang LaSalle in a research report on Friday, December 6th. They issued a “buy” rating and a $352.00 price target on the stock. Wolfe Research upgraded Jones Lang LaSalle from a “peer perform” rating to an “outperform” rating and set a $353.00 price objective for the company in a report on Monday, November 25th. Keefe, Bruyette & Woods upgraded shares of Jones Lang LaSalle from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $292.00 to $325.00 in a research note on Tuesday, December 10th. Finally, JPMorgan Chase & Co. raised their price target on Jones Lang LaSalle from $263.00 to $327.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Six research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $301.57.

Jones Lang LaSalle Trading Up 0.8 %

Shares of JLL stock opened at $261.62 on Monday. The stock’s 50-day moving average price is $262.20 and its 200-day moving average price is $255.04. Jones Lang LaSalle has a 12-month low of $168.13 and a 12-month high of $288.50. The stock has a market capitalization of $12.41 billion, a price-to-earnings ratio of 26.45 and a beta of 1.36. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.16.

Hedge Funds Weigh In On Jones Lang LaSalle

A number of large investors have recently made changes to their positions in the business. Huntington National Bank boosted its stake in Jones Lang LaSalle by 22.9% in the 3rd quarter. Huntington National Bank now owns 204 shares of the financial services provider’s stock worth $55,000 after purchasing an additional 38 shares in the last quarter. Massmutual Trust Co. FSB ADV grew its position in Jones Lang LaSalle by 37.5% during the third quarter. Massmutual Trust Co. FSB ADV now owns 143 shares of the financial services provider’s stock valued at $39,000 after buying an additional 39 shares during the period. CIBC Asset Management Inc increased its stake in shares of Jones Lang LaSalle by 3.5% in the 3rd quarter. CIBC Asset Management Inc now owns 1,375 shares of the financial services provider’s stock valued at $371,000 after purchasing an additional 47 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of Jones Lang LaSalle by 35.7% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 194 shares of the financial services provider’s stock worth $49,000 after buying an additional 51 shares during the period. Finally, First Bank & Trust grew its position in shares of Jones Lang LaSalle by 2.5% in the third quarter. First Bank & Trust now owns 2,251 shares of the financial services provider’s stock valued at $607,000 after purchasing an additional 54 shares during the period. 94.80% of the stock is owned by institutional investors and hedge funds.

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.