Cornerstone Advisors LLC Sells 3,800 Shares of Johnson Controls International plc $JCI

Cornerstone Advisors LLC cut its holdings in Johnson Controls International plc (NYSE:JCI) by 21.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,100 shares of the company’s stock after selling 3,800 shares during the period. Cornerstone Advisors LLC’s holdings in Johnson Controls International were worth $1,550,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in JCI. Norges Bank purchased a new position in Johnson Controls International during the second quarter valued at $795,325,000. Ameriprise Financial Inc. grew its position in shares of Johnson Controls International by 140.8% during the second quarter. Ameriprise Financial Inc. now owns 4,575,414 shares of the company’s stock valued at $483,281,000 after purchasing an additional 2,675,157 shares in the last quarter. Nordea Investment Management AB grew its position in shares of Johnson Controls International by 1,545.8% during the third quarter. Nordea Investment Management AB now owns 2,134,324 shares of the company’s stock valued at $232,705,000 after purchasing an additional 2,004,643 shares in the last quarter. Jennison Associates LLC increased its holdings in shares of Johnson Controls International by 232.4% in the second quarter. Jennison Associates LLC now owns 2,124,125 shares of the company’s stock worth $224,350,000 after purchasing an additional 1,485,007 shares during the last quarter. Finally, Viking Global Investors LP purchased a new stake in shares of Johnson Controls International in the second quarter worth about $153,235,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on JCI shares. Wall Street Zen upgraded Johnson Controls International from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Morgan Stanley increased their target price on Johnson Controls International from $125.00 to $130.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. Royal Bank Of Canada boosted their price target on shares of Johnson Controls International from $135.00 to $140.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 5th. Wells Fargo & Company upped their price target on shares of Johnson Controls International from $135.00 to $145.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. Finally, Barclays increased their price objective on shares of Johnson Controls International from $125.00 to $136.00 and gave the company an “equal weight” rating in a research report on Thursday, February 5th. Twelve research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $133.84.

Johnson Controls International Stock Down 1.8%

NYSE JCI opened at $139.65 on Thursday. The company has a quick ratio of 0.81, a current ratio of 0.99 and a debt-to-equity ratio of 0.66. Johnson Controls International plc has a 52 week low of $68.03 and a 52 week high of $143.17. The firm has a market capitalization of $85.48 billion, a price-to-earnings ratio of 26.30, a PEG ratio of 1.60 and a beta of 1.43. The company has a fifty day moving average of $121.80 and a two-hundred day moving average of $114.45.

Johnson Controls International (NYSE:JCI) last released its earnings results on Wednesday, February 4th. The company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.05. Johnson Controls International had a net margin of 14.17% and a return on equity of 17.15%. The firm had revenue of $5.80 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same quarter last year, the business earned $0.64 EPS. The business’s revenue was up 6.8% on a year-over-year basis. Johnson Controls International has set its FY 2026 guidance at 4.700-4.700 EPS and its Q2 2026 guidance at 1.110-1.110 EPS. On average, analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Monday, December 22nd were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, December 22nd. Johnson Controls International’s dividend payout ratio (DPR) is currently 30.13%.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, VP Todd M. Grabowski sold 6,050 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $134.90, for a total value of $816,145.00. Following the transaction, the vice president owned 34,836 shares of the company’s stock, valued at $4,699,376.40. This represents a 14.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Lei Zhang Schlitz sold 32,031 shares of the stock in a transaction on Friday, November 21st. The stock was sold at an average price of $113.20, for a total value of $3,625,909.20. Following the completion of the sale, the vice president owned 66,780 shares in the company, valued at approximately $7,559,496. The trade was a 32.42% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.29% of the stock is owned by company insiders.

About Johnson Controls International

Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.