Heartland Bank & Trust Co Has $951,000 Stock Holdings in Johnson Controls International plc $JCI

Heartland Bank & Trust Co lessened its position in Johnson Controls International plc (NYSE:JCI) by 1.2% during the 2nd quarter, Holdings Channel reports. The firm owned 9,008 shares of the company’s stock after selling 105 shares during the quarter. Heartland Bank & Trust Co’s holdings in Johnson Controls International were worth $951,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in JCI. Cerity Partners LLC raised its holdings in shares of Johnson Controls International by 69.8% in the first quarter. Cerity Partners LLC now owns 113,059 shares of the company’s stock valued at $9,057,000 after buying an additional 46,459 shares during the last quarter. G&S Capital LLC raised its holdings in shares of Johnson Controls International by 81.4% in the first quarter. G&S Capital LLC now owns 30,342 shares of the company’s stock valued at $2,431,000 after buying an additional 13,612 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Johnson Controls International by 27.8% in the first quarter. GAMMA Investing LLC now owns 14,720 shares of the company’s stock valued at $1,179,000 after buying an additional 3,201 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Johnson Controls International by 2,213.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 709,431 shares of the company’s stock valued at $57,748,000 after buying an additional 678,766 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC raised its holdings in shares of Johnson Controls International by 22.4% in the first quarter. Dynamic Advisor Solutions LLC now owns 5,987 shares of the company’s stock valued at $480,000 after buying an additional 1,096 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

Shares of JCI stock opened at $106.32 on Tuesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.96 and a quick ratio of 0.81. The stock has a market cap of $69.57 billion, a PE ratio of 31.55, a price-to-earnings-growth ratio of 1.59 and a beta of 1.33. The stock has a 50-day moving average of $106.96 and a 200-day moving average of $99.57. Johnson Controls International plc has a one year low of $68.03 and a one year high of $112.63.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.06. Johnson Controls International had a return on equity of 14.71% and a net margin of 9.53%.The company had revenue of $6.05 billion during 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. As a group, 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 firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Monday, September 22nd will be given a $0.40 dividend. The ex-dividend date is Monday, September 22nd. This represents a $1.60 annualized dividend and a dividend yield of 1.5%. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s payout ratio is presently 47.48%.

Insider Activity at Johnson Controls International

In related news, VP Daniel C. Mcconeghy sold 5,917 shares of the business’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 value of $625,604.41. Following the completion of the transaction, the vice president directly owned 25,005 shares in the company, valued at approximately $2,643,778.65. The trade was a 19.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Nathan D. Manning sold 1,422 shares of the business’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 $14,651,562.54. This represents a 1.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,761 shares of company stock valued at $922,447 over the last quarter. 0.54% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Oppenheimer cut Johnson Controls International from an “outperform” rating to a “market perform” rating in a report on Friday, June 20th. Barclays boosted their price objective on Johnson Controls International from $100.00 to $101.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 30th. Morgan Stanley boosted their price objective on Johnson Controls International from $115.00 to $125.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Wolfe Research boosted their price objective on Johnson Controls International from $132.00 to $133.00 and gave the stock an “outperform” rating in a report on Friday, September 12th. Finally, Zacks Research raised Johnson Controls International to a “hold” rating in a report 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 MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $109.39.

Johnson Controls International Company Profile

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.