Johnson Controls International plc $JCI Holdings Boosted by Aberdeen Group plc

Aberdeen Group plc boosted its holdings in Johnson Controls International plc (NYSE:JCIFree Report) by 9.4% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 921,209 shares of the company’s stock after acquiring an additional 79,275 shares during the period. Aberdeen Group plc owned about 0.14% of Johnson Controls International worth $96,930,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Grove Bank & Trust raised its holdings in shares of Johnson Controls International by 3.5% during the second quarter. Grove Bank & Trust now owns 3,117 shares of the company’s stock valued at $329,000 after buying an additional 106 shares during the last quarter. Keudell Morrison Wealth Management raised its holdings in shares of Johnson Controls International by 4.1% during the second quarter. Keudell Morrison Wealth Management now owns 2,697 shares of the company’s stock valued at $285,000 after buying an additional 107 shares during the last quarter. REAP Financial Group LLC raised its holdings in shares of Johnson Controls International by 18.1% during the second quarter. REAP Financial Group LLC now owns 739 shares of the company’s stock valued at $78,000 after buying an additional 113 shares during the last quarter. TIAA Trust National Association raised its holdings in shares of Johnson Controls International by 1.0% during the first quarter. TIAA Trust National Association now owns 11,339 shares of the company’s stock valued at $908,000 after buying an additional 115 shares during the last quarter. Finally, Strategic Blueprint LLC raised its holdings in shares of Johnson Controls International by 4.3% during the first quarter. Strategic Blueprint LLC now owns 2,980 shares of the company’s stock valued at $239,000 after buying an additional 123 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

Insider Buying and Selling

In related news, VP Nathan D. Manning sold 1,422 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total value 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 trade represents a 1.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the firm’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $105.73, for a total transaction of $625,604.41. Following the completion of the transaction, 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 disclosure for this sale can be found here. Insiders sold a total of 8,761 shares of company stock valued at $922,447 in the last ninety days. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Trading Down 2.0%

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. The firm has a market cap of $69.12 billion, a price-to-earnings ratio of 31.34, a price-to-earnings-growth ratio of 1.58 and a beta of 1.33. Johnson Controls International plc has a 1 year low of $68.03 and a 1 year high of $112.63. The firm’s 50 day moving average price is $106.96 and its two-hundred day moving average price is $99.26.

Johnson Controls International (NYSE:JCIGet Free Report) last posted its quarterly 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. The firm had revenue of $6.05 billion for the quarter, compared to analyst estimates 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. On average, research analysts predict that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

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 paid a $0.40 dividend. The ex-dividend date of this dividend is Monday, September 22nd. This represents a $1.60 dividend on an annualized basis and a yield of 1.5%. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s dividend payout ratio (DPR) is 47.48%.

Analyst Ratings Changes

JCI has been the topic of a number of recent analyst reports. Morgan Stanley lifted their price target on Johnson Controls International from $115.00 to $125.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. The Goldman Sachs Group raised 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. Oppenheimer lowered shares of Johnson Controls International from an “outperform” rating to a “market perform” rating in a research note on Friday, June 20th. Zacks Research upgraded shares of Johnson Controls International to a “hold” rating in a research note on Monday, August 11th. Finally, Citigroup raised their price objective on shares of Johnson Controls International from $112.00 to $119.00 and gave the company a “neutral” rating in a research note on Thursday. Ten research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $109.39.

Get Our Latest Stock Analysis on Johnson Controls International

Johnson Controls International Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Johnson Controls International (NYSE:JCI)

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