Perigon Wealth Management 13F: Cuts JLL Stake by $4.1M
Key Points
- Perigon Wealth Management sold 13,434 shares of Jones Lang LaSalle Incorporated during the quarter, cutting its position by 92.2% to leave 1,133 shares worth about $346,154.
- Jones Lang LaSalle Incorporated handles commercial real estate and investment management across global markets, reporting $27.4 billion in trailing twelve month revenue.
- Chief Executive Officer Christian Ulbrich and other institutional investors have recently adjusted their positions as the stock trades near $312.55.
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Perigon Wealth Management reduced its holdings in Jones Lang LaSalle Incorporated NYSE:JLL during the quarter, selling 13,434 shares to bring its stake down by 92.2%. According to a Form 13F filing with the SEC on October 22, 2026, the firm held 1,133 shares of the real estate services provider at the end of the period, with a reported value of $346,154. The fund previously owned 14,567 shares.
JLL
Jones Lang LaSalle Incorporated
What Changed in Perigon Wealth Management's Jones Lang LaSalle Position
The reduction leaves Perigon Wealth Management with a much smaller footprint in the commercial real estate firm. The remaining 1,133 shares reflect a steep trim from the 14,567 shares held previously, cutting 13,434 shares from the portfolio during the reported period.
Other Institutional Activity in Jones Lang LaSalle
Other large investors have also been adjusting their holdings in the real estate firm. Goldstein Advisors opened a new position with 858 shares worth about $262,136. Edgepoint Investment Group Inc. reduced its holdings by 76,390 shares, ending with 1,828,591 shares worth about $571,526,094. Ariel Investments, LLC grew its holdings by 35,953 shares, a 3.5% increase, ending with 1,060,265 shares worth about $331,385,812. Generation Investment Management sold out entirely, shedding 1,749,757 shares.
Jones Lang LaSalle Incorporated Stock Up 2.1%
Jones Lang LaSalle recently traded around $312.55 as of October 23, 2026, matching its close of $312.55 on the October 22 filing date. The stock trades below its 50-day moving average of $337.73 and below its 200-day moving average of $325.00. Shares sit 20.6% below their 52-week high of $393.84 and 20.3% above their 52-week low of $259.83. The company has a market capitalization of roughly $14.4 billion and a price-to-earnings ratio of 14.99.
Recent Earnings
The company reported trailing twelve month revenue of $27.43 billion and earnings of $20.85 per share. Jones Lang LaSalle maintains a net profit margin of 3.6% and a return on equity of 13.5%. The next earnings release is scheduled for October 28, 2026.
Insider Buying and Selling at Jones Lang LaSalle Incorporated
Chief Executive Officer Christian Ulbrich completed several transactions prior to the filing. He sold 2,000 shares on August 14, 2026, at an average price of $375.00 for a total value of $750,000. He sold another 2,000 shares on August 18, 2026, at $375.00 per share, totaling $750,000. On August 20, 2026, he sold 4,000 shares for $1,521,380. He also sold 2,000 shares on August 21, 2026, at an average price of $386.99 for a total of $773,980.
Analysts Set New Price Targets
Wall Street analysts have updated their views on the company. On July 28, 2026, Barclays maintained its Equal-Weight rating and raised its target from $366.00 to $368.00. Keefe, Bruyette & Woods maintained an Outperform rating on August 3, 2026, lifting its target from $375.00 to $415.00. Barclays later maintained its Equal-Weight rating on August 17, 2026, raising its target to $401.00. Keefe, Bruyette & Woods adjusted its target from $415.00 to $385.00 while maintaining an Outperform rating on October 9, 2026. The stock holds a consensus buy rating with a mean price target of $406.80 across 10 analyst opinions.
About Jones Lang LaSalle
Jones Lang LaSalle operates as a commercial real estate and investment management firm. It helps clients buy, build, occupy, manage, and invest in office, industrial, hotel, multi-family, retail, and data center properties across the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. Institutional portfolio adjustments like Perigon's highlight how managers continuously reallocate capital across property services as market conditions evolve.
Bottom Line
Investors will look to the upcoming earnings report on October 28, 2026, for fresh details on revenue and operational growth. Future SEC filings will show whether other wealth managers follow Perigon in adjusting positions in the stock.
Related Filing Alerts
Source: Perigon Wealth Management's 13F filing on $JLL (Oct 22, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts