Fourpath Capital Management LLC Sells 122 Shares of Johnson Controls International plc $JCI

Fourpath Capital Management LLC decreased its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 3.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,584 shares of the company’s stock after selling 122 shares during the period. Fourpath Capital Management LLC’s holdings in Johnson Controls International were worth $379,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Truvestments Capital LLC boosted its stake in Johnson Controls International by 425.0% during the first 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 bought a new stake in Johnson Controls International during the first quarter worth about $26,000. Cornerstone Planning Group LLC lifted its stake in Johnson Controls International by 74.5% during the first quarter. Cornerstone Planning Group LLC now owns 363 shares of the company’s stock worth $28,000 after purchasing an additional 155 shares during the last quarter. Activest Wealth Management lifted its stake in Johnson Controls International by 56.4% during the first quarter. Activest Wealth Management now owns 369 shares of the company’s stock worth $30,000 after purchasing an additional 133 shares during the last quarter. Finally, Community Bank N.A. bought a new stake in Johnson Controls International during the first quarter worth about $32,000. Institutional investors own 90.05% of the company’s stock.

Insider Transactions at Johnson Controls International

In related news, VP Nathan D. Manning sold 1,422 shares of the business’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total transaction of $149,395.32. Following the transaction, the vice president owned 139,459 shares in the company, valued at $14,651,562.54. The trade was a 1.01% 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 Daniel C. Mcconeghy sold 5,917 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total value of $625,604.41. Following the transaction, the vice president owned 25,005 shares in the company, valued at approximately $2,643,778.65. This represents a 19.14% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,761 shares of company stock worth $922,447. 0.54% of the stock is owned by company insiders.

Johnson Controls International Stock Down 2.0%

Shares of Johnson Controls International stock opened at $105.62 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.81 and a current ratio of 0.96. Johnson Controls International plc has a 52-week low of $68.03 and a 52-week high of $112.63. The stock has a market capitalization of $69.12 billion, a price-to-earnings ratio of 31.34, a P/E/G ratio of 1.62 and a beta of 1.33. The company’s 50 day moving average price is $106.96 and its 200-day moving average price is $99.15.

Johnson Controls International (NYSE:JCI) last issued its earnings results 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. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. The firm had revenue of $6.05 billion for the quarter, compared to analysts’ expectations of $5.99 billion. 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 research analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current 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 buyback $9.00 billion in outstanding shares. This buyback authorization allows the company to reacquire up to 13.4% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.

Johnson Controls International Increases Dividend

The firm also recently declared 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 is Monday, September 22nd. This represents a $1.60 dividend on an annualized basis and a yield of 1.5%. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s dividend payout ratio (DPR) is presently 47.48%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Royal Bank Of Canada lifted their price target on Johnson Controls International from $112.00 to $114.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 30th. Jefferies Financial Group reaffirmed a “hold” rating and set a $120.00 price target on shares of Johnson Controls International in a research note on Thursday, July 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Johnson Controls International in a research note on Wednesday. Zacks Research raised Johnson Controls International to a “hold” rating in a research note on Monday, August 11th. Finally, Wolfe Research lifted their price target on Johnson Controls International from $132.00 to $133.00 and gave the stock an “outperform” rating in a research note on Friday, September 12th. Ten equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, Johnson Controls International has an average rating of “Moderate Buy” and a consensus price target of $109.39.

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.