QRG Capital Management Inc. Sells 126,784 Shares of Johnson Controls International plc $JCI

QRG Capital Management Inc. lessened its holdings in Johnson Controls International plc (NYSE:JCIFree Report) by 33.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 246,715 shares of the company’s stock after selling 126,784 shares during the period. QRG Capital Management Inc.’s holdings in Johnson Controls International were worth $27,126,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in JCI. Caitong International Asset Management Co. Ltd acquired a new position in Johnson Controls International during the 2nd quarter worth approximately $28,000. MTM Investment Management LLC bought a new stake in shares of Johnson Controls International during the second quarter worth $32,000. Elevation Point Wealth Partners LLC acquired a new position in shares of Johnson Controls International during the second quarter worth $34,000. Hilltop National Bank bought a new position in shares of Johnson Controls International in the 2nd quarter valued at $35,000. Finally, NewSquare Capital LLC boosted its holdings in shares of Johnson Controls International by 88.1% during the 2nd quarter. NewSquare Capital LLC now owns 380 shares of the company’s stock valued at $40,000 after acquiring an additional 178 shares in the last quarter. Institutional investors own 90.05% of the company’s stock.

Insider Buying and Selling at Johnson Controls International

In related news, VP Lei Zhang Schlitz sold 32,031 shares of the stock in a transaction on Friday, November 21st. The stock was sold at an average price of $113.20, for a total value of $3,625,909.20. Following the completion of the sale, the vice president directly owned 66,780 shares of the company’s stock, valued at approximately $7,559,496. This represents a 32.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.54% of the stock is owned by corporate insiders.

Johnson Controls International Trading Up 1.5%

NYSE JCI opened at $114.66 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 0.66. Johnson Controls International plc has a 52 week low of $68.03 and a 52 week high of $124.07. The business has a 50 day moving average price of $116.79 and a 200-day moving average price of $111.19. The company has a market cap of $70.07 billion, a price-to-earnings ratio of 22.53, a P/E/G ratio of 1.36 and a beta of 1.41.

Johnson Controls International (NYSE:JCIGet Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.06. Johnson Controls International had a net margin of 13.95% and a return on equity of 15.35%. The business had revenue of $6.44 billion during the quarter, compared to analyst estimates of $6.31 billion. During the same quarter in the previous year, the business posted $1.28 EPS. Johnson Controls International’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 and its Q1 2026 guidance at 0.830-0.83 EPS. As a group, equities analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Monday, December 22nd were paid a $0.40 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $1.60 annualized dividend and a dividend yield of 1.4%. Johnson Controls International’s dividend payout ratio is 31.43%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. JPMorgan Chase & Co. increased their target price on Johnson Controls International from $105.00 to $125.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Citigroup lifted 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, October 9th. Hsbc Global Res upgraded shares of Johnson Controls International to a “hold” rating in a research report on Monday, November 24th. Royal Bank Of Canada lifted their price target on shares of Johnson Controls International from $116.00 to $135.00 and gave the stock a “sector perform” rating in a report on Thursday, November 6th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Johnson Controls International in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have assigned 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 $127.26.

View Our Latest Research Report on JCI

Johnson Controls International Profile

(Free Report)

Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.

Further Reading

Institutional Ownership by Quarter for Johnson Controls International (NYSE:JCI)

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