Johnson Controls International (NYSE:JCI) Reaches New 12-Month High on Strong Earnings

Johnson Controls International plc (NYSE:JCI) hit a new 52-week high during mid-day trading on Wednesday following a stronger than expected earnings report. The stock traded as high as $117.00 and last traded at $119.4360, with a volume of 43974 shares changing hands. The stock had previously closed at $111.04.

The company reported $1.26 EPS for the quarter, beating the consensus estimate of $1.20 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 $6.44 billion for the quarter, compared to the consensus estimate of $6.31 billion. During the same period in the previous year, the company earned $1.28 earnings per share. The company’s quarterly revenue was up 3.1% on a year-over-year basis. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS. Q1 2026 guidance at 0.830-0.83 EPS.

Johnson Controls International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Monday, September 22nd were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Monday, September 22nd. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s dividend payout ratio is currently 47.48%.

Analyst Ratings Changes

Several brokerages recently issued reports on JCI. Royal Bank Of Canada raised their target price on Johnson Controls International from $114.00 to $116.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 16th. Zacks Research upgraded shares of Johnson Controls International to a “hold” rating in a research note on Monday, August 11th. Robert W. Baird increased their price objective on shares of Johnson Controls International from $110.00 to $115.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 14th. Wolfe Research raised their price objective on Johnson Controls International from $132.00 to $133.00 and gave the company an “outperform” rating in a research note on Friday, September 12th. Finally, 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. Ten research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $113.41.

Insiders Place Their Bets

In related news, VP Daniel C. Mcconeghy sold 5,917 shares of the business’s stock in a transaction 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 sale, 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total value of $149,395.32. Following the transaction, the vice president directly owned 139,459 shares of the company’s stock, valued at $14,651,562.54. The trade was a 1.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.54% of the stock is owned by company insiders.

Institutional Investors Weigh In On Johnson Controls International

Several hedge funds have recently added to or reduced their stakes in JCI. Vanguard Group Inc. increased its position in shares of Johnson Controls International by 1.3% in the second quarter. Vanguard Group Inc. now owns 69,365,463 shares of the company’s stock valued at $7,326,380,000 after acquiring an additional 920,777 shares during the period. State Street Corp raised its holdings in shares of Johnson Controls International by 2.5% during the second quarter. State Street Corp now owns 28,521,478 shares of the company’s stock valued at $3,022,673,000 after acquiring an additional 683,467 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Johnson Controls International by 3.0% in the second quarter. Franklin Resources Inc. now owns 23,223,902 shares of the company’s stock valued at $2,452,909,000 after acquiring an additional 675,862 shares in the last quarter. Fisher Asset Management LLC raised its holdings in Johnson Controls International by 2.7% in the 2nd quarter. Fisher Asset Management LLC now owns 16,604,983 shares of the company’s stock worth $1,753,818,000 after purchasing an additional 430,437 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Johnson Controls International by 0.8% during the 2nd quarter. Geode Capital Management LLC now owns 14,285,011 shares of the company’s stock valued at $1,501,266,000 after purchasing an additional 120,078 shares in the last quarter. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Price Performance

The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.50. The firm’s 50-day moving average is $108.82 and its 200-day moving average is $103.61. The company has a market cap of $77.86 billion, a PE ratio of 35.97, a PEG ratio of 1.70 and a beta of 1.36.

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.