Johnson Controls International plc $JCI Shares Sold by US Bancorp DE

US Bancorp DE reduced its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 4.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 83,898 shares of the company’s stock after selling 4,238 shares during the quarter. US Bancorp DE’s holdings in Johnson Controls International were worth $8,861,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Truvestments Capital LLC lifted its stake in 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 in the last quarter. Accent Capital Management LLC acquired a new position in shares of Johnson Controls International in the first quarter worth $26,000. Cornerstone Planning Group LLC lifted its position in shares of Johnson Controls International by 74.5% in the first quarter. Cornerstone Planning Group LLC now owns 363 shares of the company’s stock valued at $28,000 after acquiring an additional 155 shares in the last quarter. Activest Wealth Management lifted its position in shares of Johnson Controls International by 56.4% in the first quarter. Activest Wealth Management now owns 369 shares of the company’s stock valued at $30,000 after acquiring an additional 133 shares in the last quarter. Finally, Community Bank N.A. acquired a new stake in shares of Johnson Controls International during the first quarter valued at $32,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on JCI. Oppenheimer downgraded shares of Johnson Controls International from an “outperform” rating to a “market perform” rating in a research note on Friday, June 20th. Robert W. Baird boosted their price objective on shares of Johnson Controls International from $90.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, July 17th. Citigroup raised their target price on shares of Johnson Controls International from $112.00 to $119.00 and gave the stock a “neutral” rating in a research report on Thursday. Jefferies Financial Group reaffirmed a “hold” rating and issued a $120.00 target price on shares of Johnson Controls International in a research note on Thursday, July 24th. Finally, Zacks Research raised Johnson Controls International to a “hold” rating in a research note on Monday, August 11th. Ten equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $109.39.

Insider Transactions at Johnson Controls International

In related news, VP Daniel C. Mcconeghy sold 5,917 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total transaction 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 approximately $2,643,778.65. This trade represents a 19.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Nathan D. Manning sold 1,422 shares of the business’s stock in a transaction on Tuesday, September 2nd. The stock was 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 in the company, valued at $14,651,562.54. This represents a 1.01% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,761 shares of company stock valued at $922,447. Insiders own 0.54% of the company’s stock.

Johnson Controls International Stock Down 2.0%

JCI opened at $105.62 on Friday. Johnson Controls International plc has a 1 year low of $68.03 and a 1 year high of $112.63. The firm has a 50 day moving average price of $106.96 and a 200 day moving average price of $99.26. 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 company has a market cap of $69.12 billion, a PE ratio of 31.34, a price-to-earnings-growth ratio of 1.58 and a beta of 1.33.

Johnson Controls International (NYSE:JCI) last released 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. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. The company had revenue of $6.05 billion during the quarter, compared to analyst estimates 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. Sell-side analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Monday, September 22nd will be given a $0.40 dividend. The ex-dividend date of this dividend is Monday, September 22nd. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.37. This represents a $1.60 annualized dividend and a dividend yield of 1.5%. Johnson Controls International’s dividend payout ratio (DPR) is currently 47.48%.

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.