<div id="readability-page-1"><p>Norges Bank bought a new position in  Jackson Financial Inc. (NYSE:JXN - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,150,256 shares of the company's stock, valued at approximately $102,131,000. Norges Bank owned approximately 1.61% of Jackson Financial at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Jackson Financial</strong> alerts:</span></p></div><p>Other hedge funds and other institutional investors have also recently modified their holdings of the company. Avantax Advisory Services Inc. raised its position in  Jackson Financial by 7.8% in the 1st quarter. Avantax Advisory Services Inc. now owns 4,800 shares of the company's stock worth $402,000 after buying an additional 349 shares during the last quarter.  Natixis Advisors LLC raised its holdings in shares of  Jackson Financial by 1.6% during the first quarter. Natixis Advisors LLC now owns 16,593 shares of the company's stock valued at $1,390,000 after purchasing an additional 254 shares during the last quarter.  PNC Financial Services Group Inc. lifted its position in  Jackson Financial by 8.0% during the first quarter. PNC Financial Services Group Inc. now owns 3,366 shares of the company's stock valued at $282,000 after purchasing an additional 248 shares during the period.  Raiffeisen Bank International AG boosted its holdings in  Jackson Financial by 11.7% in the first quarter. Raiffeisen Bank International AG now owns 1,270 shares of the company's stock worth $106,000 after purchasing an additional 133 shares during the last quarter.  Finally, New Age Alpha Advisors LLC bought a new stake in  Jackson Financial in the 1st quarter worth approximately $67,000. 89.96% of the stock is owned by institutional investors. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of research firms have recently issued reports on JXN. Barclays raised their price target on Jackson Financial from $125.00 to $128.00 and gave the stock an &#34;overweight&#34; rating in a research note on Wednesday, November 5th. Jefferies Financial Group raised their target price on Jackson Financial from $88.00 to $95.00 and gave the stock a &#34;hold&#34; rating in a research report on Monday, August 11th. Evercore ISI upped their price target on shares of Jackson Financial from $100.00 to $110.00 and gave the company an &#34;underperform&#34; rating in a research report on Thursday, October 9th. Weiss Ratings  reissued a &#34;hold (c+)&#34; rating on shares of Jackson Financial in a report on Monday. Finally, Keefe, Bruyette &amp; Woods upped their target price on shares of Jackson Financial from $105.00 to $110.00 and gave the company a &#34;market perform&#34; rating in a report on Thursday, October 9th. One analyst  has rated the stock with a Strong Buy rating, one  has issued  a Buy rating, four have given a Hold rating and one  has assigned  a Sell rating to the company's stock. According to MarketBeat, the company  has a consensus rating of &#34;Hold&#34; and an average price target of $108.80.</p><p><b>Get Our Latest Stock Analysis on JXN</b></p><h2>Jackson Financial Trading Up 2.6%</h2><p>Shares of NYSE:JXN opened at $100.04 on Thursday. The stock has a 50 day moving average of $97.42 and a 200 day moving average of $92.54. The company has a market cap of $6.80 billion, a PE ratio of 13.84 and a beta of 1.45. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.47. Jackson Financial Inc. has a 12-month low of $64.70 and a 12-month high of $104.61. </p><p>Jackson Financial (NYSE:JXN - Get Free Report) last released its earnings results on Wednesday, March 22nd. The company reported $6.26 EPS for the quarter. The company had revenue of ($1,162.00) million for the quarter. Jackson Financial had a net margin of 1.73% and a return on equity of 15.73%.  As a group, equities research analysts expect that  Jackson Financial Inc. will post 20.55 EPS for the current year. </p><p>Jackson Financial announced that its board has approved a share buyback plan on Thursday, September 18th that allows the company to buyback $1.00 billion in  outstanding  shares. This buyback authorization allows the company to purchase up to 14.4% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued. </p><h2>Jackson Financial Announces Dividend</h2><p>The company also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be issued a $0.80 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $3.20 annualized dividend and a yield of 3.2%. Jackson Financial's dividend payout ratio  is currently 44.26%. </p><h2>Jackson Financial Profile</h2> (Free Report)<p>Jackson Financial Inc, through its subsidiaries, provides suite of annuities to retail investors in the United States. The company operates through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks. The Retail Annuities segment offers various retirement income and savings products, including variable, fixed index, fixed, and payout annuities, as well as registered index-linked annuities and lifetime income solutions.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Jackson Financial</li><li>Short Selling - The Pros and Cons </li><li>3 Stocks Poised to Benefit From Google’s AI Breakthough</li><li>Breakout Stocks: What They Are and How to Identify Them</li><li>Beyond NVIDIA: 5 Semiconductor Stocks Set to Dominate 2026</li><li>Value Investing: Is it a Good Strategy in 2022? <span>Hint: Always<span></span></span></li><li>3 Stocks You’ll Wish You Bought Before 2026</li></ul><p><strong>Want to see what other hedge funds are holding JXN?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jackson Financial Inc. (NYSE:JXN - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUpYTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUpYTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Jackson Financial Right Now?</h2><p>Before you consider Jackson Financial, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jackson Financial wasn't on the list.</p><p>While Jackson Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Norges Bank acquired 1,150,256 shares of Jackson Financial Inc. (NYSE:JXN) in Q2, valued at $102,131,000, representing 1.61% ownership. Other institutional investors also adjusted their holdings. Analysts have mixed ratings on JXN, with a consensus "Hold" rating and an average price target of $108.80. Jackson Financial's stock is trading at $100.04, with a market cap of $6.80 billion. The company announced a $1 billion share buyback plan and a quarterly dividend of $0.80 per share.</p>

Norges Bank Buys Shares of 1,150,256 Jackson Financial Inc. $JXN