Westpac Banking Corp Purchases New Holdings in Jones Lang LaSalle Incorporated $JLL

Posted by Brian Himes on Aug 23rd, 2026

Westpac Banking Corp acquired a new position in shares of Jones Lang LaSalle Incorporated (NYSE:JLL – Free Report) during the 2nd quarter, Holdings Channel reports. The firm acquired 3,522 shares of the financial services provider’s stock, valued at approximately $1,092,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Moran Wealth Management LLC bought a new stake in shares of Jones Lang LaSalle in the 1st quarter worth about $4,405,000. Geode Capital Management LLC lifted its position in shares of Jones Lang LaSalle by 1.6% during the fourth quarter. Geode Capital Management LLC now owns 990,836 shares of the financial services provider’s stock worth $333,451,000 after purchasing an additional 15,995 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in Jones Lang LaSalle by 78.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 28,895 shares of the financial services provider’s stock worth $9,723,000 after purchasing an additional 12,699 shares in the last quarter. Jackson Creek Investment Advisors LLC bought a new stake in Jones Lang LaSalle in the fourth quarter valued at about $1,507,000. Finally, Principal Financial Group Inc. raised its stake in Jones Lang LaSalle by 279.6% during the first quarter. Principal Financial Group Inc. now owns 429,418 shares of the financial services provider’s stock valued at $130,683,000 after buying an additional 316,299 shares in the last quarter. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Jones Lang LaSalle

In other Jones Lang LaSalle 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 sale, the chief executive officer owned 138,418 shares in the company, valued at approximately $53,364,291.54. This trade represents a 1.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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 shares were sold at an average price of $301.73, for a total value of $121,295.46. Following the sale, the director directly owned 4,369 shares in the company, valued at approximately $1,318,258.37. This trade represents a 8.43% decrease in their position. 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. Insiders sold 6,805 shares of company stock worth $2,511,297 in the last 90 days. 0.91% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

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

Check Out Our Latest Research Report on JLL

Trending Headlines about Jones Lang LaSalle

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

Jones Lang LaSalle Stock Performance

Shares of JLL opened at $387.68 on Friday. The firm has a fifty day moving average of $335.69 and a 200-day moving average of $319.18. The company has a market cap of $17.84 billion, a price-to-earnings 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 Incorporated has a 1 year low of $259.83 and a 1 year high of $393.84.

Jones Lang LaSalle (NYSE:JLL – Get Free Report) last released its quarterly earnings data 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 business had revenue of $6.93 billion for the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter last year, the company earned $3.30 EPS. As a group, equities analysts anticipate that Jones Lang LaSalle Incorporated will post 24.59 earnings per share for the current year.

Jones Lang LaSalle Company Profile

(Free Report)

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.