Verdence Capital Advisors LLC Buys 5,205 Shares of Johnson Controls International plc $JCI

Verdence Capital Advisors LLC increased its stake in Johnson Controls International plc (NYSE:JCI) by 58.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,062 shares of the company’s stock after acquiring an additional 5,205 shares during the period. Verdence Capital Advisors LLC’s holdings in Johnson Controls International were worth $2,090,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Amundi raised its stake in Johnson Controls International by 157.2% during the first quarter. Amundi now owns 5,965,212 shares of the company’s stock worth $781,145,000 after purchasing an additional 3,646,047 shares during the period. Hsbc Holdings PLC boosted its holdings in shares of Johnson Controls International by 702.5% in the 1st quarter. Hsbc Holdings PLC now owns 1,962,770 shares of the company’s stock valued at $256,820,000 after purchasing an additional 1,718,179 shares during the last quarter. Cullen Capital Management LLC acquired a new position in shares of Johnson Controls International in the 2nd quarter valued at $244,214,000. First Trust Advisors LP boosted its holdings in shares of Johnson Controls International by 28.3% in the 1st quarter. First Trust Advisors LP now owns 5,761,677 shares of the company’s stock valued at $754,492,000 after purchasing an additional 1,270,849 shares during the last quarter. Finally, State Street Corp grew its stake in shares of Johnson Controls International by 2.2% during the 2nd quarter. State Street Corp now owns 28,283,873 shares of the company’s stock valued at $4,143,674,000 after buying an additional 621,319 shares during the period. 90.05% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Johnson Controls International news, VP Lei Schlitz sold 23,417 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $153.07, for a total value of $3,584,440.19. Following the transaction, the vice president directly owned 15,017 shares of the company’s stock, valued at $2,298,652.19. This trade represents a 60.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.29% of the company’s stock.

More Johnson Controls International News

Here are the key news stories impacting Johnson Controls International this week:

• Positive Sentiment: Quarterly results exceeded expectations: Fiscal Q4 adjusted EPS was $1.66 versus the $1.59 consensus estimate, while revenue reached $7.11 billion, ahead of the $7.04 billion forecast. Revenue rose 10% year over year, and adjusted EBIT margins expanded by 300 basis points to 18%. Johnson Controls Reports Q4 and FY26 Results; Initiates FY27 Guidance
• Positive Sentiment: Strong forward demand: Orders increased 44% organically, and backlog grew 43% organically to a record $23 billion. The results suggest continued strength in commercial HVAC, data-center infrastructure, and thermal-management products. Johnson Controls Cashes In on Data Center Boom, Backlog Hits $23 Billion
• Positive Sentiment: Above-consensus fiscal 2027 guidance: Management expects 11%–12% organic revenue growth and adjusted EPS of $6.15–$6.30. The company plans approximately $900 million of capital expenditures to expand capacity for data-center cooling and related products. Johnson Controls Fiscal 2027 Outlook
• Positive Sentiment: Portfolio repositioning: The planned sale of the global intrusion-products business to Truelink Capital should allow JCI to focus on faster-growing, higher-value data-center and thermal-management opportunities. Truelink Capital Acquisition Announcement

Johnson Controls International Stock Performance

NYSE JCI opened at $155.37 on Wednesday. Johnson Controls International plc has a one year low of $108.41 and a one year high of $160.41. The company’s 50 day moving average price is $146.83 and its 200 day moving average price is $140.14.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Tuesday, October 27th. The company reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.07. The business had revenue of $7.11 billion for the quarter, compared to analysts’ expectations of $7.04 billion. During the same quarter in the prior year, the firm earned $1.26 earnings per share. Johnson Controls International’s quarterly revenue was up 10.4% compared to the same quarter last year. Equities analysts anticipate that Johnson Controls International plc will post 5.08 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, October 16th. Investors of record on Monday, September 21st were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Monday, September 21st.

Analysts Set New Price Targets

A number of research firms have recently commented on JCI. Deutsche Bank Aktiengesellschaft dropped their price objective on Johnson Controls International from $180.00 to $178.00 and set a “buy” rating for the company in a report on Wednesday, September 30th. Mizuho increased their target price on Johnson Controls International from $150.00 to $165.00 and gave the stock a “neutral” rating in a research report on Thursday, October 15th. Morgan Stanley lifted their target price on Johnson Controls International from $175.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, September 2nd. Argus set a $175.00 target price on Johnson Controls International in a report on Friday, August 7th. Finally, Citigroup boosted their price target on Johnson Controls International from $157.00 to $170.00 and gave the company a “neutral” rating in a research report on Monday, October 12th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $163.05.

Johnson Controls International Company Profile

Johnson Controls International plc (NYSE:JCI) is a global provider of building technology, products and services. The company helps customers design, operate and maintain efficient, healthy and secure buildings through solutions for heating, ventilation and air conditioning, building automation, energy management, fire detection and suppression, and physical security.

Its portfolio includes building controls and digital management platforms, HVAC equipment, chillers, air-handling systems, fire and security technologies, and related services.