Vanguard Personalized Indexing Management LLC boosted its holdings in Johnson Controls International plc (NYSE:JCI – Free Report) by 19.8% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 88,561 shares of the company’s stock after buying an additional 14,626 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Johnson Controls International were worth $9,357,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Truvestments Capital LLC lifted its position in Johnson Controls International by 425.0% in the 1st 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 position in shares of Johnson Controls International during the 1st quarter valued at $26,000. Hilltop National Bank bought a new position in shares of Johnson Controls International during the 2nd quarter valued at $35,000. Cornerstone Planning Group LLC lifted its holdings in shares of Johnson Controls International by 74.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 363 shares of the company’s stock valued at $28,000 after buying an additional 155 shares during the period. Finally, Activest Wealth Management lifted its holdings in shares of Johnson Controls International by 56.4% during the 1st quarter. Activest Wealth Management now owns 369 shares of the company’s stock valued at $30,000 after buying an additional 133 shares during the period. 90.05% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on JCI. Deutsche Bank Aktiengesellschaft increased their price target on Johnson Controls International from $124.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, October 2nd. Barclays increased their price target on Johnson Controls International from $100.00 to $101.00 and gave the company an “equal weight” rating in a report on Wednesday, July 30th. Wolfe Research increased their price target on Johnson Controls International from $132.00 to $133.00 and gave the company an “outperform” rating in a report on Friday, September 12th. Citigroup increased 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. Finally, Jefferies Financial Group restated a “hold” rating and issued a $120.00 price objective on shares of Johnson Controls International in a research note on Thursday, July 24th. Ten equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, Johnson Controls International presently has a consensus rating of “Moderate Buy” and a consensus price target of $109.39.
Johnson Controls International Trading Down 2.0%
NYSE:JCI opened at $105.62 on Monday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.96 and a quick ratio of 0.81. The firm has a market capitalization of $69.12 billion, a price-to-earnings ratio of 31.34, a price-to-earnings-growth ratio of 1.59 and a beta of 1.33. Johnson Controls International plc has a one year low of $68.03 and a one year high of $112.63. The business has a fifty day moving average price of $106.96 and a 200-day moving average price of $99.38.
Johnson Controls International (NYSE:JCI – Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $1.05 EPS for the quarter, topping 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 firm had revenue of $6.05 billion during the quarter, compared to analyst estimates 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 forecast that Johnson Controls International plc will post 3.64 EPS for the current year.
Johnson Controls International Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Monday, September 22nd will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, September 22nd. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s dividend payout ratio (DPR) is currently 47.48%.
Insiders Place Their Bets
In other 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 completion of the transaction, the vice president 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 sale was disclosed in a document filed with the SEC, which is available at 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 shares were 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 of the company’s stock, valued at approximately $2,643,778.65. The trade was a 19.14% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,761 shares of company stock valued at $922,447 in the last quarter. 0.54% of the stock is currently owned by company insiders.
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.
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