21,158 Shares in JAN $JAN Bought by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd purchased a new stake in JAN (NYSE:JAN) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 21,158 shares of the company’s stock, valued at approximately $627,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of JAN. State of Alaska Department of Revenue grew its position in shares of JAN by 57.6% during the 3rd quarter. State of Alaska Department of Revenue now owns 36,557 shares of the company’s stock worth $1,082,000 after buying an additional 13,367 shares during the period. WINTON GROUP Ltd bought a new stake in shares of JAN in the 2nd quarter valued at $2,985,000. Engineers Gate Manager LP bought a new stake in shares of JAN in the 2nd quarter valued at $15,274,000. Greenland Capital Management LP acquired a new position in shares of JAN during the 2nd quarter valued at $575,000. Finally, Readystate Asset Management LP acquired a new position in shares of JAN during the 2nd quarter valued at $1,724,000. 6.27% of the stock is currently owned by institutional investors.

JAN Trading Down 1.3%

Shares of NYSE:JAN opened at $28.28 on Friday. The business’s 50 day simple moving average is $29.92 and its two-hundred day simple moving average is $28.30. JAN has a 52-week low of $22.76 and a 52-week high of $32.83.

JAN (NYSE:JAN) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.18). The business had revenue of $216.46 million during the quarter, compared to analysts’ expectations of $203.32 million. The firm’s 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 expect that JAN will post 0.97 earnings per share for the current fiscal year.

JAN Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 29th. Investors of record on Friday, December 18th will be issued a $0.0475 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Friday, December 18th.

More JAN News

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

JAN has been the topic of several research analyst reports. Jefferies Financial Group assumed coverage on shares of JAN in a research note on Tuesday, September 15th. They set a “buy” rating and a $36.00 target price on the stock. JPMorgan Chase & Co. lifted their price target on shares of JAN from $30.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, August 18th. Cantor Fitzgerald lifted their price target on shares of JAN from $30.00 to $34.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Royal Bank Of Canada upped their price objective on shares of JAN from $30.00 to $34.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Finally, Weiss Ratings began coverage on shares of JAN in a research report on Thursday, August 6th. They set a “hold (c-)” rating on the stock. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $32.31.

About JAN

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.