Sandhill Capital Partners LLC Buys 439 Shares of Johnson Controls International plc $JCI

Sandhill Capital Partners LLC increased its stake in shares of Johnson Controls International plc (NYSE:JCI) by 0.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 67,388 shares of the company’s stock after purchasing an additional 439 shares during the quarter. Sandhill Capital Partners LLC’s holdings in Johnson Controls International were worth $5,398,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in JCI. Accent Capital Management LLC purchased a new position in Johnson Controls International in the 1st quarter worth about $26,000. Cornerstone Planning Group LLC increased its position in shares of Johnson Controls International by 74.5% during the first quarter. Cornerstone Planning Group LLC now owns 363 shares of the company’s stock worth $28,000 after acquiring an additional 155 shares during the period. Community Bank N.A. bought a new stake in shares of Johnson Controls International during the first quarter valued at approximately $32,000. Rossby Financial LCC purchased a new stake in shares of Johnson Controls International in the first quarter valued at approximately $42,000. Finally, Bartlett & CO. Wealth Management LLC purchased a new stake in shares of Johnson Controls International in the first quarter valued at approximately $43,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $103.69, for a total value of $147,447.18. Following the sale, the vice president directly owned 140,881 shares in the company, valued at approximately $14,607,950.89. The trade was a 1.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Anuruddha Rathninde sold 15,000 shares of the stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $103.13, for a total transaction of $1,546,950.00. Following the completion of the sale, the vice president owned 42,574 shares of the company’s stock, valued at approximately $4,390,656.62. The trade was a 26.05% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 19,266 shares of company stock worth $1,986,931. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Price Performance

NYSE:JCI opened at $104.4670 on Wednesday. The firm’s fifty day moving average is $105.67 and its two-hundred day moving average is $93.05. The firm has a market cap of $68.36 billion, a price-to-earnings ratio of 31.00, a PEG ratio of 1.88 and a beta of 1.30. 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 one year low of $67.68 and a one year high of $112.63.

Johnson Controls International (NYSE:JCI) last released its quarterly 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 net margin of 9.53% and a return on equity of 14.71%. The company had revenue of $6.05 billion for 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. Research analysts expect that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International declared that its board has authorized a share buyback program on Friday, June 13th that authorizes the company to buyback $9.00 billion in shares. This buyback authorization authorizes the company to buy up to 13.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its stock is undervalued.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Monday, June 23rd were issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Monday, June 23rd. Johnson Controls International’s dividend payout ratio (DPR) is presently 43.92%.

Wall Street Analyst Weigh In

Several research firms have recently commented on JCI. Deutsche Bank Aktiengesellschaft upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating and boosted their price target for the company from $101.00 to $112.00 in a report on Monday, May 12th. Morgan Stanley lifted their price target on Johnson Controls International from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Friday, May 9th. Citigroup increased their price target on shares of Johnson Controls International from $110.00 to $112.00 and gave the company a “neutral” rating in a research report on Wednesday, July 30th. Zacks Research raised shares of Johnson Controls International to a “hold” rating in a research report on Monday, August 11th. Finally, UBS Group reaffirmed a “buy” rating and issued a $116.00 price target (up from $103.00) on shares of Johnson Controls International in a report on Thursday, May 22nd. Nine investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $105.17.

Johnson Controls International 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.