2,217 Shares in Johnson Controls International plc $JCI Bought by Quotient Wealth Partners LLC

Quotient Wealth Partners LLC bought a new position in shares of Johnson Controls International plc (NYSE:JCI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,217 shares of the company’s stock, valued at approximately $234,000.

Other institutional investors have also recently made changes to their positions in the company. Cerity Partners LLC raised its holdings in shares of Johnson Controls International by 69.8% during the first quarter. Cerity Partners LLC now owns 113,059 shares of the company’s stock worth $9,057,000 after purchasing 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% during the first quarter. G&S Capital LLC now owns 30,342 shares of the company’s stock worth $2,431,000 after purchasing an additional 13,612 shares during the last quarter. GAMMA Investing LLC increased its holdings in 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 in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in 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 in the last quarter. Finally, Sowell Financial Services LLC purchased a new position in Johnson Controls International in the first quarter valued at $216,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Insider Activity

In related news, VP Daniel C. Mcconeghy sold 5,917 shares of the company’s stock in a transaction dated 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 owned 25,005 shares of the company’s stock, valued at approximately $2,643,778.65. This represents a 19.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total transaction of $149,395.32. Following the sale, the vice president directly 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. In the last ninety days, insiders have sold 8,761 shares of company stock valued at $922,447. 0.54% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

JCI has been the subject of a number of recent analyst reports. Wolfe Research lifted their price objective on shares of Johnson Controls International from $132.00 to $133.00 and gave the company an “outperform” rating in a report on Friday, September 12th. The Goldman Sachs Group lifted their price objective on shares of Johnson Controls International from $119.00 to $124.00 and gave the company a “buy” rating in a report on Monday, September 15th. Zacks Research raised shares of Johnson Controls International to a “hold” rating in a report on Monday, August 11th. Morgan Stanley lifted their price objective on shares of Johnson Controls International from $115.00 to $125.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Finally, Citigroup lifted their price objective on shares of Johnson Controls International from $112.00 to $119.00 and gave the company a “neutral” rating in a report on Thursday, October 9th. Ten analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $113.41.

Johnson Controls International Stock Down 0.4%

JCI stock opened at $108.96 on Monday. The stock has a market capitalization of $71.30 billion, a P/E ratio of 32.33, a P/E/G ratio of 1.63 and a beta of 1.33. The firm has a 50-day simple moving average of $107.31 and a 200-day simple moving average of $100.37. 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 plc has a 52 week low of $68.03 and a 52 week high of $112.63.

Johnson Controls International (NYSE:JCI) last released its earnings results on Tuesday, July 29th. The company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.06. The business had revenue of $6.05 billion during the quarter, compared to analysts’ expectations 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 forecast that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Monday, September 22nd were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $1.60 annualized dividend 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 is currently 47.48%.

Johnson Controls International 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.