Caitong International Asset Management Co. Ltd Makes New Investment in Johnson Controls International plc $JCI

Caitong International Asset Management Co. Ltd acquired a new position in shares of Johnson Controls International plc (NYSE:JCI) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 262 shares of the company’s stock, valued at approximately $28,000.

Several other hedge funds have also recently bought and sold shares of JCI. Truvestments Capital LLC grew its holdings 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 worth $25,000 after purchasing an additional 255 shares during the last quarter. Accent Capital Management LLC bought a new stake in shares of Johnson Controls International during the first quarter worth $26,000. Cornerstone Planning Group LLC grew its holdings in shares of Johnson Controls International by 74.5% during the first 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 last quarter. Activest Wealth Management grew its holdings in shares of Johnson Controls International by 56.4% during the first quarter. Activest Wealth Management now owns 369 shares of the company’s stock worth $30,000 after purchasing an additional 133 shares during the last quarter. Finally, Hilltop National Bank bought a new stake in shares of Johnson Controls International during the second quarter worth $35,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, VP Nathan D. Manning sold 1,422 shares of the firm’s 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 transaction, the vice president owned 139,459 shares in the company, valued at approximately $14,651,562.54. This trade represents a 1.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the firm’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $105.73, for a total value of $625,604.41. Following the transaction, the vice president owned 25,005 shares in the company, valued at approximately $2,643,778.65. This trade represents a 19.14% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,761 shares of company stock worth $922,447. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Price Performance

Shares of JCI stock opened at $113.04 on Monday. 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 plc has a 12 month low of $68.03 and a 12 month high of $113.38. The firm has a market cap of $73.97 billion, a price-to-earnings ratio of 33.54, a PEG ratio of 1.69 and a beta of 1.33. The stock has a 50-day moving average price of $107.85 and a 200 day moving average price of $101.69.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.06. Johnson Controls International had a return on equity of 14.71% and a net margin of 9.53%.The firm had revenue of $6.05 billion for the quarter, compared to analysts’ expectations of $5.99 billion. Johnson Controls International has set its FY 2025 guidance at 3.650-3.680 EPS. Q4 2025 guidance at 1.140-1.170 EPS. Research analysts expect that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Monday, September 22nd were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.4%. This is an increase from Johnson Controls International’s previous quarterly dividend of $0.37. The ex-dividend date was Monday, September 22nd. Johnson Controls International’s dividend payout ratio (DPR) is 47.48%.

Analyst Ratings Changes

Several analysts have recently commented on the company. The Goldman Sachs Group increased their target price on Johnson Controls International from $119.00 to $124.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Barclays increased their target price on Johnson Controls International from $100.00 to $101.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 30th. Citigroup raised their price target on Johnson Controls International from $112.00 to $119.00 and gave the company a “neutral” rating in a report on Thursday, October 9th. Morgan Stanley lifted their price objective on Johnson Controls International from $115.00 to $125.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Finally, JPMorgan Chase & Co. lifted their price objective on 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 research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $113.41.

Johnson Controls International Company 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.