VIRGINIA RETIREMENT SYSTEMS ET Al Makes New Investment in Jackson Financial Inc. $JXN

Posted by Brenda Bartman on Sep 10th, 2026

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Jackson Financial Inc. (NYSE:JXN – Free Report) during the 2nd quarter, HoldingsChannel reports. The firm purchased 38,045 shares of the company’s stock, valued at approximately $3,895,000.

Other large investors have also made changes to their positions in the company. California State Teachers Retirement System boosted its stake in Jackson Financial by 9,102.2% during the 2nd quarter. California State Teachers Retirement System now owns 7,427,063 shares of the company’s stock valued at $760,457,000 after purchasing an additional 7,346,353 shares during the period. Donald Smith & CO. Inc. acquired a new position in shares of Jackson Financial during the second quarter worth approximately $183,186,000. Norges Bank bought a new stake in shares of Jackson Financial in the fourth quarter valued at approximately $129,878,000. Bank of New York Mellon Corp bought a new stake in shares of Jackson Financial in the second quarter valued at approximately $66,639,000. Finally, Hsbc Holdings PLC grew its stake in shares of Jackson Financial by 16.5% in the fourth quarter. Hsbc Holdings PLC now owns 1,550,942 shares of the company’s stock worth $166,476,000 after acquiring an additional 220,095 shares during the last quarter. Institutional investors and hedge funds own 89.96% of the company’s stock.

Jackson Financial Price Performance

Shares of JXN stock opened at $138.37 on Thursday. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.26 and a quick ratio of 0.26. The stock’s fifty day simple moving average is $126.77 and its 200 day simple moving average is $114.56. Jackson Financial Inc. has a one year low of $89.67 and a one year high of $140.88. The firm has a market cap of $9.37 billion, a price-to-earnings ratio of 194.89 and a beta of 1.30.

Jackson Financial (NYSE:JXN – Get Free Report) last issued its earnings results on Monday, August 3rd. The company reported $7.30 EPS for the quarter, beating the consensus estimate of $5.72 by $1.58. Jackson Financial had a net margin of 1.59% and a return on equity of 18.93%. The company had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.91 billion.

Jackson Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Tuesday, September 15th will be given a $0.90 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $3.60 dividend on an annualized basis and a yield of 2.6%. Jackson Financial’s payout ratio is 507.04%.

Insider Transactions at Jackson Financial

In other Jackson Financial news, EVP Carrie Chelko sold 7,500 shares of the company’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $134.24, for a total transaction of $1,006,800.00. Following the sale, the executive vice president directly owned 80,914 shares of the company’s stock, valued at approximately $10,861,895.36. This represents a 8.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Christopher Raub sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $130.69, for a total transaction of $653,450.00. Following the sale, the chief executive officer directly owned 42,160 shares of the company’s stock, valued at approximately $5,509,890.40. The trade was a 10.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.40% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages recently issued reports on JXN. Evercore set a $135.00 target price on shares of Jackson Financial in a research report on Wednesday, August 5th. Barclays boosted their price objective on shares of Jackson Financial from $139.00 to $149.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. Keefe, Bruyette & Woods upped their price objective on shares of Jackson Financial from $130.00 to $140.00 and gave the company a “market perform” rating in a research report on Wednesday, August 5th. Weiss Ratings upgraded shares of Jackson Financial from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 4th. Finally, Jefferies Financial Group raised Jackson Financial from a “hold” rating to a “buy” rating and lifted their target price for the stock from $120.00 to $140.00 in a research report on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $133.80.

Read Our Latest Stock Report on Jackson Financial

Jackson Financial Company Profile

(Free Report)

Jackson Financial Inc is a U.S.-based financial services holding company headquartered in Lansing, Michigan. The company operates primarily through its principal subsidiary, Jackson National Life Insurance Company, and specializes in designing and distributing retirement products. Jackson Financial has been publicly traded on the New York Stock Exchange under the ticker JXN since its initial public offering in May 2022.

The company’s core offerings include a broad range of fixed, variable and indexed annuity products aimed at helping individuals preserve and grow retirement assets.