Blake Schutter Theil Wealth Advisors LLC decreased its holdings in shares of Johnson Controls International plc (NYSE:JCI – Free Report) by 7.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,909 shares of the company’s stock after selling 458 shares during the period. Blake Schutter Theil Wealth Advisors LLC’s holdings in Johnson Controls International were worth $624,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently made changes to their positions in JCI. Brighton Jones LLC bought a new position in shares of Johnson Controls International during the 4th quarter valued at about $222,000. GAMMA Investing LLC boosted its holdings in shares of Johnson Controls International by 27.8% in the first quarter. GAMMA Investing LLC now owns 14,720 shares of the company’s stock worth $1,179,000 after buying an additional 3,201 shares during the period. Spire Wealth Management boosted its holdings in shares of Johnson Controls International by 62.7% in the first quarter. Spire Wealth Management now owns 859 shares of the company’s stock worth $69,000 after buying an additional 331 shares during the period. Bessemer Group Inc. boosted its holdings in shares of Johnson Controls International by 11.0% in the first quarter. Bessemer Group Inc. now owns 12,172 shares of the company’s stock worth $975,000 after buying an additional 1,205 shares during the period. Finally, Golden State Wealth Management LLC boosted its holdings in shares of Johnson Controls International by 278.7% in the first quarter. Golden State Wealth Management LLC now owns 3,060 shares of the company’s stock worth $245,000 after buying an additional 2,252 shares during the period. Institutional investors own 90.05% of the company’s stock.
Analyst Upgrades and Downgrades
JCI has been the subject of several recent analyst reports. Robert W. Baird raised their target price on shares of Johnson Controls International from $110.00 to $115.00 and gave the stock a “neutral” rating in a report on Tuesday, October 14th. Wolfe Research raised their target price on shares of Johnson Controls International from $132.00 to $133.00 and gave the stock an “outperform” rating in a report on Friday, September 12th. Zacks Research upgraded shares of Johnson Controls International to a “hold” rating in a report on Monday, August 11th. JPMorgan Chase & Co. increased their price target 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. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $120.00 price target on shares of Johnson Controls International in a research report on Thursday, July 24th. Ten equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $113.41.
Johnson Controls International Price Performance
Shares of JCI opened at $113.04 on Friday. The firm has a market cap of $73.97 billion, a PE ratio of 33.54, a PEG ratio of 1.69 and a beta of 1.33. The firm’s 50 day moving average price is $107.85 and its 200 day moving average price is $101.54. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.81 and a current ratio of 0.96. Johnson Controls International plc has a twelve month low of $68.03 and a twelve month high of $113.38.
Johnson Controls International (NYSE:JCI – Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.06. The firm had revenue of $6.05 billion for the quarter, compared to analyst estimates 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. As a group, research analysts expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.
Johnson Controls International Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Monday, September 22nd were given a $0.40 dividend. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.37. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, September 22nd. Johnson Controls International’s payout ratio is 47.48%.
Insider Buying and Selling
In other news, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International 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 transaction, the vice president owned 139,459 shares of the company’s stock, valued at $14,651,562.54. This trade represents a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Daniel C. Mcconeghy sold 5,917 shares of Johnson Controls International stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total transaction of $625,604.41. Following the completion of the transaction, the vice president directly owned 25,005 shares in the company, valued at approximately $2,643,778.65. This represents a 19.14% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 8,761 shares of company stock worth $922,447. Insiders own 0.54% of the company’s stock.
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.
Read More
- Five stocks we like better than Johnson Controls International
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Tractor Supply Stock Looks Like a Buy-and-Hold Winner
- Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
- 3 Stocks Well Below 52-Week Highs Poised for a Q4 Rebound
- Market Cap Calculator: How to Calculate Market Cap
- Big Banks Are Setting the Tone as Earnings Season Kicks Off
Want to see what other hedge funds are holding JCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Johnson Controls International plc (NYSE:JCI – Free Report).
Receive News & Ratings for Johnson Controls International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Controls International and related companies with MarketBeat.com's FREE daily email newsletter.
