Sumitomo Mitsui DS Asset Management Company Ltd Purchases 21,158 Shares of JAN $JAN

Posted by Brenda Bartman on Oct 24th, 2026

Sumitomo Mitsui DS Asset Management Company Ltd purchased a new stake in JAN (NYSE:JAN – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 21,158 shares of the company’s stock, valued at approximately $627,000.

Several other hedge funds also recently modified their holdings of JAN. Engineers Gate Manager LP bought a new stake in JAN during the 2nd quarter worth $15,274,000. Wellington Management Group LLP acquired a new position in JAN in the 2nd quarter worth about $8,739,000. WINTON GROUP Ltd bought a new position in JAN in the second quarter valued at about $2,985,000. Readystate Asset Management LP bought a new position in JAN in the second quarter valued at about $1,724,000. Finally, State of Alaska Department of Revenue boosted its stake in shares of JAN by 57.6% during the third quarter. State of Alaska Department of Revenue now owns 36,557 shares of the company’s stock valued at $1,082,000 after purchasing an additional 13,367 shares in the last quarter. Institutional investors and hedge funds own 6.27% of the company’s stock.

JAN Stock Down 1.3%

NYSE:JAN opened at $28.28 on Friday. JAN has a 52 week low of $22.76 and a 52 week high of $32.83. The firm’s fifty day moving average is $29.92 and its 200-day moving average is $28.30.

JAN (NYSE:JAN – Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.18). The company had revenue of $216.46 million for the quarter, compared to analyst estimates of $203.32 million. The firm’s quarterly revenue was up 45.4% on a year-over-year basis. JAN has set its FY 2026 guidance at 0.950-0.980 EPS. On average, research analysts forecast that JAN will post 0.97 earnings per share for the current year.

JAN Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 29th. Stockholders of record on Friday, December 18th will be given a $0.0475 dividend. The ex-dividend date of this dividend is Friday, December 18th. This represents a $0.57 annualized dividend and a dividend yield of 2.0%.

Trending Headlines about JAN

Here are the key news stories impacting JAN this week:

Neutral Sentiment: JAN’s next major catalyst is its upcoming earnings report. Investors will be watching whether the company can improve profitability and meet its fiscal 2026 EPS guidance of $0.95–$0.98.
Negative Sentiment: The Zacks downgrade removes a bullish analyst signal and may encourage investors to reduce positions, particularly with the stock trading below its 50-day moving average and near its 200-day average.
Negative Sentiment: JAN previously reported quarterly EPS of $0.05, well below the $0.23 consensus estimate. Although revenue rose 45.4% year over year to $216.5 million and exceeded expectations, the earnings shortfall raises concerns about margins, costs and execution.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on JAN shares. JPMorgan Chase & Co. lifted their price target on JAN from $30.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, August 18th. Compass Point began coverage on JAN in a research note on Wednesday, September 16th. They issued a “neutral” rating and a $37.00 price objective for the company. Zacks Research lowered shares of JAN from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Royal Bank Of Canada lifted their target price on shares of JAN from $30.00 to $34.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Finally, Scotiabank lifted their target price on shares of JAN from $31.00 to $33.00 and gave the stock a “sector outperform” rating in a research report on Thursday, September 17th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, JAN currently has an average rating of “Moderate Buy” and an average price target of $32.31.

View Our Latest Stock Report on JAN

About JAN

(Free Report)

JanOne Inc (NYSE: JAN) is a social-impact and technology company focused on addressing the opioid crisis. Its activities have included the development and commercialization of solutions intended to support opioid-related treatment and prevention, with an emphasis on using business and technology to promote measurable social benefits.

Through its subsidiaries and related operations, JanOne has also pursued financial technology initiatives, including blockchain-based payment and transaction solutions.