Jackson Financial (JXN)

• Market cap: $7.56B
• Sector: Financials
• Industry: Life Insurance

About: Jackson Financial Inc helps Americans grow and protect their retirement savings and income to enable them to pursue financial freedom for life. Its retail products offerings comprise annuities, designed to help retail investors save for and live in retirement. Its diverse suite of annuities includes a variable, fixed index, and fixed annuities. It manages the business through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks and Corporate and Other segments.

Employees: 3,840

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

63% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 32

17% more call options, than puts

Call options by funds: $19.4M | Put options by funds: $16.5M

14% more funds holding in top 10

Funds holding in top 10: 7 [Q1] → 8 (+1) [Q2]

10% more capital invested

Capital invested by funds: $4.61B [Q1] → $5.08B (+$469M) [Q2]

6% more funds holding

Funds holding: 359 [Q1] → 379 (+20) [Q2]

0.49% less ownership

Funds ownership: 90.23% [Q1] → 89.74% (-0.49%) [Q2]

17% less repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 155

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $80 20% downside
• Avg. target: $94 6% downside
• High target: $111 11% upside

5 analyst ratings

• positive: 2 40%
• neutral: 3 60%
• negative: 0 0%

Barclays Alex Scott 69% 1-year accuracy 29 / 42 met price target	11% upside $111	Overweight Maintained	8 Oct 2024
Barclays Alex Scott 69% 1-year accuracy 29 / 42 met price target	9% upside $109	Overweight Initiated	4 Sept 2024
Morgan Stanley Nigel Dally 40% 1-year accuracy 2 / 5 met price target	11% downside $89	Equal-Weight Maintained	19 Aug 2024
Keefe, Bruyette & Woods Ryan Krueger 100% 1-year accuracy 13 / 13 met price target	18% downside $82	Market Perform Maintained	14 Aug 2024
Jefferies Suneet Kamath 90% 1-year accuracy 18 / 20 met price target	20% downside $80	Hold Maintained	29 Jul 2024