Triad Wealth Partners LLC Invests $252,000 in Johnson Controls International plc $JCI

Triad Wealth Partners LLC bought a new stake in Johnson Controls International plc (NYSE:JCI) during the second quarter, Holdings Channel reports. The fund bought 2,385 shares of the company’s stock, valued at approximately $252,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. First National Bank & Trust Co. of Newtown purchased a new position in shares of Johnson Controls International in the 2nd quarter worth about $247,000. Pure Financial Advisors LLC purchased a new stake in shares of Johnson Controls International during the 2nd quarter worth about $260,000. Robeco Institutional Asset Management B.V. increased its position in Johnson Controls International by 112.6% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,344,646 shares of the company’s stock worth $142,022,000 after purchasing an additional 712,222 shares in the last quarter. Woodward Diversified Capital LLC raised its holdings in Johnson Controls International by 76.2% in the second quarter. Woodward Diversified Capital LLC now owns 5,305 shares of the company’s stock valued at $560,000 after buying an additional 2,294 shares during the period. Finally, USA Financial Formulas lifted its position in Johnson Controls International by 367.0% during the second quarter. USA Financial Formulas now owns 13,689 shares of the company’s stock valued at $1,446,000 after buying an additional 10,758 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Johnson Controls International

In related news, VP Daniel C. Mcconeghy sold 5,917 shares of the business’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 completion of the sale, the vice president directly owned 25,005 shares of the company’s stock, valued at $2,643,778.65. The trade was a 19.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Nathan D. Manning sold 1,422 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total value of $149,395.32. Following the sale, the vice president owned 139,459 shares in the company, valued at $14,651,562.54. The trade was a 1.01% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 8,761 shares of company stock worth $922,447. Company insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Johnson Controls International in a research report on Saturday, September 27th. Citigroup increased their price target on Johnson Controls International from $110.00 to $112.00 and gave the company a “neutral” rating in a report on Wednesday, July 30th. Robert W. Baird raised their price objective on Johnson Controls International from $90.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, July 17th. Royal Bank Of Canada upped their target price on Johnson Controls International from $112.00 to $114.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 30th. Finally, Wolfe Research raised their target price on Johnson Controls International from $132.00 to $133.00 and gave the company an “outperform” rating in a report on Friday, September 12th. Ten analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $108.28.

Johnson Controls International Price Performance

Shares of NYSE JCI opened at $108.70 on Friday. 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 fifty-two week low of $68.03 and a fifty-two week high of $112.63. The business has a 50 day moving average price of $106.78 and a two-hundred day moving average price of $98.31. The firm has a market cap of $71.13 billion, a PE ratio of 32.25, a price-to-earnings-growth ratio of 1.63 and a beta of 1.33.

Johnson Controls International (NYSE:JCI) last released its earnings results on Tuesday, July 29th. The company reported $1.05 EPS for the quarter, beating the consensus estimate 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 company had revenue of $6.05 billion during 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. Sell-side analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International announced that its board has initiated a stock buyback plan on Friday, June 13th that permits the company to buyback $9.00 billion in outstanding shares. This buyback authorization permits the company to purchase up to 13.4% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s management believes its stock is undervalued.

Johnson Controls International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Monday, September 22nd will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, September 22nd. This is an increase from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s payout ratio is presently 47.48%.

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.