State of Michigan Retirement System Sells 3,600 Shares of Johnson Controls International plc $JCI

Posted by Brian Himes on Aug 15th, 2026

State of Michigan Retirement System reduced its stake in shares of Johnson Controls International plc (NYSE:JCI – Free Report) by 2.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 156,256 shares of the company’s stock after selling 3,600 shares during the period. State of Michigan Retirement System’s holdings in Johnson Controls International were worth $22,831,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of JCI. Baron Wealth Management LLC raised its stake in shares of Johnson Controls International by 1.6% in the second quarter. Baron Wealth Management LLC now owns 4,705 shares of the company’s stock valued at $687,000 after buying an additional 75 shares during the period. Diversify Wealth Management LLC grew its stake in shares of Johnson Controls International by 2.0% during the 2nd quarter. Diversify Wealth Management LLC now owns 3,868 shares of the company’s stock worth $555,000 after acquiring an additional 76 shares during the period. Resonant Capital Advisors LLC grew its stake in shares of Johnson Controls International by 1.5% during the 2nd quarter. Resonant Capital Advisors LLC now owns 5,063 shares of the company’s stock worth $742,000 after acquiring an additional 77 shares during the period. Strategic Investment Advisors MI increased its holdings in Johnson Controls International by 1.5% in the 4th quarter. Strategic Investment Advisors MI now owns 5,389 shares of the company’s stock worth $645,000 after acquiring an additional 78 shares during the last quarter. Finally, CX Institutional increased its holdings in Johnson Controls International by 0.5% in the 2nd quarter. CX Institutional now owns 14,779 shares of the company’s stock worth $2,159,000 after acquiring an additional 79 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Up 1.5%

Shares of NYSE:JCI opened at $153.73 on Friday. The firm has a fifty day moving average price of $144.91 and a two-hundred day moving average price of $139.75. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.00 and a quick ratio of 0.83. Johnson Controls International plc has a one year low of $103.07 and a one year high of $157.06. The company has a market cap of $93.12 billion, a price-to-earnings ratio of 26.74, a PEG ratio of 1.46 and a beta of 1.31.

Johnson Controls International (NYSE:JCI – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.30 by $0.12. Johnson Controls International had a net margin of 14.32% and a return on equity of 22.11%. The firm had revenue of $6.61 billion during the quarter, compared to analyst estimates of $6.46 billion. During the same period in the previous year, the business earned $1.05 EPS. The business’s revenue for the quarter was up 9.3% on a year-over-year basis. Analysts anticipate that Johnson Controls International plc will post 5.08 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Monday, June 15th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Monday, June 15th. Johnson Controls International’s dividend payout ratio is currently 27.83%.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, VP Todd M. Grabowski sold 1,800 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total value of $263,160.00. Following the sale, the vice president owned 26,215 shares of the company’s stock, valued at $3,832,633. This trade represents a 6.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Lei Zhang Schlitz sold 23,417 shares of Johnson Controls International stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $153.07, for a total value of $3,584,440.19. Following the sale, the vice president owned 15,017 shares of the company’s stock, valued at approximately $2,298,652.19. This trade represents a 60.93% decrease in their position. The SEC filing for this sale provides additional information. 0.29% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms have commented on JCI. Wall Street Zen downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Robert W. Baird lifted their target price on shares of Johnson Controls International from $132.00 to $148.00 and gave the stock a “neutral” rating in a research note on Monday, April 27th. Citigroup boosted their price target on shares of Johnson Controls International from $155.00 to $157.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Argus set a $175.00 price target on shares of Johnson Controls International in a research note on Friday, August 7th. Finally, Wells Fargo & Company raised their price objective on shares of Johnson Controls International from $145.00 to $160.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Twelve investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $155.50.

Get Our Latest Analysis on Johnson Controls International

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.