Mutual of America Capital Management LLC Sells 1,299 Shares of Johnson Controls International plc $JCI

Mutual of America Capital Management LLC lowered its position in shares of Johnson Controls International plc (NYSE:JCI) by 1.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,483 shares of the company’s stock after selling 1,299 shares during the period. Mutual of America Capital Management LLC’s holdings in Johnson Controls International were worth $7,973,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Truvestments Capital LLC increased its position in shares of Johnson Controls International by 425.0% during the first quarter. Truvestments Capital LLC now owns 315 shares of the company’s stock valued at $25,000 after acquiring an additional 255 shares in the last quarter. Accent Capital Management LLC bought a new stake in shares of Johnson Controls International during the first quarter valued at approximately $26,000. Hilltop National Bank purchased a new stake in Johnson Controls International in the second quarter worth approximately $35,000. Cornerstone Planning Group LLC grew its position in Johnson Controls International by 74.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 363 shares of the company’s stock worth $28,000 after purchasing an additional 155 shares during the period. Finally, Activest Wealth Management grew its position in Johnson Controls International by 56.4% in the 1st quarter. Activest Wealth Management now owns 369 shares of the company’s stock worth $30,000 after purchasing an additional 133 shares during the period. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Trading Up 1.6%

Shares of Johnson Controls International stock opened at $110.55 on Tuesday. The company has a market capitalization of $72.34 billion, a P/E ratio of 32.80, a P/E/G ratio of 1.63 and a beta of 1.33. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.81 and a current ratio of 0.96. The company has a fifty day moving average of $107.41 and a 200 day moving average of $100.64. Johnson Controls International plc has a fifty-two week low of $68.03 and a fifty-two week high of $112.63.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.06. The company had revenue of $6.05 billion during the quarter, compared to the consensus estimate 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. On average, sell-side analysts anticipate 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 announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Monday, September 22nd were given 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 1.4%. 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%.

Insider Activity

In related news, VP Daniel C. Mcconeghy sold 5,917 shares of the stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total value of $625,604.41. Following the sale, the vice president directly owned 25,005 shares of the company’s stock, valued at $2,643,778.65. This represents a 19.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total transaction of $149,395.32. Following the completion of the sale, the vice president directly owned 139,459 shares in the company, valued at $14,651,562.54. This trade represents a 1.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,761 shares of company stock worth $922,447 over the last 90 days. Corporate insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on JCI. Royal Bank Of Canada lifted their target price on shares of 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. The Goldman Sachs Group lifted their target price on shares of Johnson Controls International from $119.00 to $124.00 and gave the stock a “buy” rating in a research report on Monday, September 15th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $120.00 target price on shares of Johnson Controls International in a research report on Thursday, July 24th. 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. Finally, JPMorgan Chase & Co. lifted their target price on shares of Johnson Controls International from $105.00 to $125.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Ten investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Johnson Controls International has a consensus rating of “Moderate Buy” and a consensus target price of $113.41.

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.