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Johns Lyng Group (ASX:JLG), the insurance building and restoration company, has been sold off on weaker earnings. In June 2026, Forager Funds noted Johns Lyng had fallen sharply after mild weather and US missteps hurt earnings, explaining that the company repairs properties for insurers after major weather events, making demand dependent on catastrophe activity. Johns Lyng Group operates in the Industrials sector within the Construction and Engineering industry, and Thesis Tracker has captured 24 comments from 14 fund managers, including Forager Funds. Founded in 1953 and headquartered in Melbourne, Johns Lyng provides insurance building and restoration services, strata management, commercial building and emergency repair services across Australia, New Zealand and the United States, and has grown through acquisitions, including expansion into US restoration services, and has been subject to private equity takeover interest.
Company figures as of 15 Oct 2026. For information only.
Fund managers including Endeavor Asset Management, Monash Investors, Longwave Capital, Ausbil Investment Management, Contract Asset Management, QVG Capital, Asymmetric Asset Management, Forager Funds, Lanyon Investment Fund, Langdon Equity Partners, Contact Asset Management, BKI Investment Company, Ellerston Capital and Tamim Funds Management have invested in Johns LYNG Group Ltd (ASX:JLG).
Forager's commentary suggests the share price fall reflects temporary factors such as mild weather, with long-term demand driven by insurance claims and catastrophe events.
Forager highlights earnings pressure from mild weather reducing catastrophe work and missteps in its US expansion.
Johns Lyng Group Limited (JLG) operates through Insurance Building and Restoration Services, Commercial Building Services, and Commercial Construction. The Group’s Commercial Construction operations are now in the final stages of run-off. Going forward, existing resources will be focused on large-loss insurance building services.
General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.
11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.