Janus International Group, Inc. $JBI Shares Sold by Glenmede Trust Co. NA

Glenmede Trust Co. NA trimmed its stake in shares of Janus International Group, Inc. (NYSE:JBI – Free Report) by 8.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,534,656 shares of the company’s stock after selling 141,595 shares during the quarter. Glenmede Trust Co. NA owned approximately 1.11% of Janus International Group worth $7,903,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Clearstead Advisors LLC raised its stake in shares of Janus International Group by 130.0% in the 4th quarter. Clearstead Advisors LLC now owns 5,338 shares of the company’s stock valued at $35,000 after purchasing an additional 3,017 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Janus International Group by 1,978.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,363 shares of the company’s stock worth $35,000 after purchasing an additional 5,105 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in Janus International Group by 771.0% in the second quarter. Russell Investments Group Ltd. now owns 7,229 shares of the company’s stock valued at $59,000 after buying an additional 6,399 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Janus International Group in the fourth quarter valued at about $71,000. Finally, New York State Teachers Retirement System acquired a new stake in Janus International Group during the fourth quarter valued at approximately $81,000. 88.78% of the stock is owned by institutional investors and hedge funds.

Get Janus International Group alerts:

Janus International Group Price Performance

Shares of NYSE:JBI opened at $5.42 on Tuesday. The company has a quick ratio of 2.19, a current ratio of 2.65 and a debt-to-equity ratio of 0.96. Janus International Group, Inc. has a fifty-two week low of $4.26 and a fifty-two week high of $10.80. The firm has a 50-day simple moving average of $5.29 and a 200 day simple moving average of $5.72. The company has a market cap of $751.93 million, a PE ratio of 17.47 and a beta of 1.47.

Janus International Group (NYSE:JBI – Get Free Report) last issued its earnings results on Tuesday, May 12th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.09). The business had revenue of $222.70 million during the quarter, compared to the consensus estimate of $219.21 million. Janus International Group had a return on equity of 12.18% and a net margin of 4.82%.The business’s revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.13 EPS. On average, sell-side analysts anticipate that Janus International Group, Inc. will post 0.5 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have commented on JBI shares. UBS Group reduced their target price on Janus International Group from $7.25 to $6.00 and set a “neutral” rating on the stock in a report on Wednesday, May 13th. Wall Street Zen downgraded Janus International Group from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Janus International Group in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $8.33.

View Our Latest Stock Report on JBI

Janus International Group Company Profile

(Free Report)

Janus International Group, Inc is a global provider of specialized storage and security products for self-storage, commercial, industrial and residential applications. The company designs, engineers and manufactures a broad range of building components focused on perimeter security and facility access solutions. Janus serves customers through dealer networks, direct sales offices and distribution partners across multiple end markets.

Core product offerings include steel roll-up doors and sectional overhead doors, perimeter fencing and automated gate systems, parking security products and climate-controlled modular storage buildings.

Featured Articles

• Five stocks we like better than Janus International Group
• SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control
• Why Rare Earth Processing Could Be the Real 2027 Opportunity
• The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure
• TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?

Receive News & Ratings for Janus International Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Janus International Group and related companies with MarketBeat.com's FREE daily email newsletter.