Johnson Controls International plc $JCI Stock Holdings Decreased by Butensky & Cohen Financial Security Inc.

Butensky & Cohen Financial Security Inc. lowered its stake in Johnson Controls International plc (NYSE:JCI) by 12.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 51,605 shares of the company’s stock after selling 7,405 shares during the period. Johnson Controls International accounts for approximately 1.6% of Butensky & Cohen Financial Security Inc.’s holdings, making the stock its 19th biggest holding. Butensky & Cohen Financial Security Inc.’s holdings in Johnson Controls International were worth $5,451,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of JCI. Truvestments Capital LLC boosted its holdings in shares of Johnson Controls International by 425.0% in the 1st quarter. Truvestments Capital LLC now owns 315 shares of the company’s stock valued at $25,000 after buying an additional 255 shares during the period. Accent Capital Management LLC acquired a new position in shares of Johnson Controls International in the 1st quarter valued at about $26,000. Cornerstone Planning Group LLC boosted its holdings in shares of Johnson Controls International by 74.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 363 shares of the company’s stock valued at $28,000 after buying an additional 155 shares during the period. Activest Wealth Management boosted its stake in Johnson Controls International by 56.4% during the 1st quarter. Activest Wealth Management now owns 369 shares of the company’s stock valued at $30,000 after purchasing an additional 133 shares during the period. Finally, Community Bank N.A. acquired a new position in Johnson Controls International during the 1st quarter valued at about $32,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 5,917 shares of the stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total value of $625,604.41. Following the completion of the sale, the vice president directly owned 25,005 shares of the company’s stock, valued at $2,643,778.65. This represents a 19.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total transaction of $149,395.32. Following the completion of the transaction, the vice president owned 139,459 shares of the company’s stock, valued at approximately $14,651,562.54. This represents a 1.01% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 10,183 shares of company stock valued at $1,071,501. Insiders own 0.54% of the company’s stock.

Wall Street Analysts Forecast Growth

JCI has been the subject of a number of analyst reports. Barclays boosted their target price on shares of Johnson Controls International from $100.00 to $101.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 30th. Royal Bank Of Canada increased their target price on shares of Johnson Controls International from $112.00 to $114.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 30th. Zacks Research upgraded shares of Johnson Controls International to a “hold” rating in a report on Monday, August 11th. Wells Fargo & Company boosted their price target on shares of Johnson Controls International from $100.00 to $130.00 and gave the company an “overweight” rating in a report on Wednesday, June 4th. Finally, The Goldman Sachs Group upped their price objective on shares of Johnson Controls International from $119.00 to $124.00 and gave the company a “buy” rating in a research note on Monday, September 15th. Ten investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $107.58.

Johnson Controls International Stock Performance

Shares of JCI opened at $108.68 on Friday. The company’s fifty day moving average is $106.88 and its 200-day moving average is $96.35. Johnson Controls International plc has a 12 month low of $68.03 and a 12 month high of $112.63. The firm has a market cap of $71.12 billion, a price-to-earnings ratio of 32.25, a price-to-earnings-growth ratio of 1.93 and a beta of 1.31. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.06. The business had revenue of $6.05 billion during the quarter, compared to the consensus estimate of $5.99 billion. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. Johnson Controls International has set its FY 2025 guidance at 3.650-3.680 EPS. Q4 2025 guidance at 1.140-1.170 EPS. Equities analysts expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International declared that its Board of Directors has initiated a share repurchase plan on Friday, June 13th that allows the company to repurchase $9.00 billion in shares. This repurchase authorization allows the company to reacquire up to 13.4% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Johnson Controls International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Monday, September 22nd will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, September 22nd. This represents a $1.60 annualized dividend and a dividend yield of 1.5%. This is an increase from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s payout ratio is currently 43.92%.

About Johnson Controls International

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.