Police & Firemen s Retirement System of New Jersey Grows Stake in Johnson Controls International plc $JCI

Police & Firemen s Retirement System of New Jersey grew its stake in shares of Johnson Controls International plc (NYSE:JCI) by 4.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 100,308 shares of the company’s stock after acquiring an additional 4,451 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in Johnson Controls International were worth $10,595,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of JCI. Nuveen LLC purchased a new position in Johnson Controls International in the first quarter worth about $219,110,000. AQR Capital Management LLC increased its position in shares of Johnson Controls International by 747.6% during the first quarter. AQR Capital Management LLC now owns 2,034,060 shares of the company’s stock valued at $159,186,000 after acquiring an additional 1,794,089 shares in the last quarter. Jennison Associates LLC increased its position in shares of Johnson Controls International by 232.4% during the second quarter. Jennison Associates LLC now owns 2,124,125 shares of the company’s stock valued at $224,350,000 after acquiring an additional 1,485,007 shares in the last quarter. Alkeon Capital Management LLC bought a new position in Johnson Controls International in the 1st quarter valued at approximately $112,154,000. Finally, Voya Investment Management LLC boosted its stake in Johnson Controls International by 637.1% during the 1st quarter. Voya Investment Management LLC now owns 1,567,576 shares of the company’s stock valued at $125,578,000 after purchasing an additional 1,354,912 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

Insider Activity

In other news, VP Lei Zhang Schlitz sold 10,500 shares of the business’s stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $122.03, for a total transaction of $1,281,315.00. Following the completion of the sale, the vice president owned 115,220 shares of the company’s stock, valued at $14,060,296.60. The trade was a 8.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Nathan D. Manning sold 1,422 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The stock was 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 directly owned 139,459 shares in the company, valued at approximately $14,651,562.54. This represents a 1.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 17,839 shares of company stock valued at $2,056,315 in the last 90 days. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Trading Down 2.1%

Johnson Controls International stock opened at $120.03 on Friday. The business has a 50-day simple moving average of $110.86 and a two-hundred day simple moving average of $105.38. The company has a market cap of $78.54 billion, a P/E ratio of 35.62, a P/E/G ratio of 1.70 and a beta of 1.36. Johnson Controls International plc has a 52-week low of $68.03 and a 52-week high of $123.78. 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 (NYSE:JCI) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.06. The firm had revenue of $6.44 billion for the quarter, compared to analysts’ expectations of $6.31 billion. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. The business’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.28 EPS. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS. Q1 2026 guidance at 0.830-0.83 EPS. Analysts predict that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Monday, September 22nd were paid a dividend of $0.40 per share. The ex-dividend date was Monday, September 22nd. This represents a $1.60 annualized dividend and a dividend yield of 1.3%. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s dividend payout ratio is 31.43%.

Wall Street Analysts Forecast Growth

JCI has been the subject of several recent analyst reports. Argus restated a “buy” rating and issued a $145.00 price target on shares of Johnson Controls International in a research note on Friday, November 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Johnson Controls International in a research report on Wednesday, October 8th. Robert W. Baird upped their target price on shares of Johnson Controls International from $110.00 to $115.00 and gave the company a “neutral” rating in a research note on Tuesday, October 14th. Zacks Research upgraded shares of Johnson Controls International to a “hold” rating in a research note on Monday, August 11th. Finally, Mizuho boosted their price objective on shares of Johnson Controls International from $105.00 to $120.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. Ten investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $120.72.

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.