GAMMA Investing LLC Increases Stock Holdings in Johnson Controls International plc $JCI

GAMMA Investing LLC increased its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 7.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,878 shares of the company’s stock after buying an additional 1,158 shares during the period. GAMMA Investing LLC’s holdings in Johnson Controls International were worth $1,677,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Truvestments Capital LLC lifted its position in shares of Johnson Controls International by 425.0% during the 1st quarter. Truvestments Capital LLC now owns 315 shares of the company’s stock valued at $25,000 after buying an additional 255 shares in the last quarter. Accent Capital Management LLC purchased a new position in Johnson Controls International in the 1st quarter valued at $26,000. Cornerstone Planning Group LLC lifted its holdings in Johnson Controls International by 74.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 363 shares of the company’s stock valued at $28,000 after purchasing an additional 155 shares in the last quarter. Activest Wealth Management lifted its holdings in Johnson Controls International by 56.4% in the 1st quarter. Activest Wealth Management now owns 369 shares of the company’s stock valued at $30,000 after purchasing an additional 133 shares in the last quarter. Finally, Community Bank N.A. purchased a new position in Johnson Controls International in the 1st quarter valued at $32,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Analyst Ratings Changes

JCI has been the topic of a number of research reports. Robert W. Baird raised their price objective on Johnson Controls International from $90.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, July 17th. Oppenheimer lowered Johnson Controls International from an “outperform” rating to a “market perform” rating in a report on Friday, June 20th. Zacks Research upgraded Johnson Controls International to a “hold” rating in a report on Monday, August 11th. Royal Bank Of Canada raised their price objective on Johnson Controls International from $112.00 to $114.00 and gave the company a “sector perform” rating in a report on Wednesday, July 30th. Finally, Barclays raised their target price on Johnson Controls International from $100.00 to $101.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 30th. Ten research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, Johnson Controls International has a consensus rating of “Moderate Buy” and an average target price of $107.58.

Insider Activity

In other news, VP Daniel C. Mcconeghy sold 5,917 shares of Johnson Controls International stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $105.73, for a total value of $625,604.41. Following the completion of the transaction, the vice president owned 25,005 shares in the company, valued at approximately $2,643,778.65. This trade represents a 19.14% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total value of $149,395.32. Following the completion of the transaction, the vice president owned 139,459 shares of the company’s stock, valued at $14,651,562.54. The trade was a 1.01% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 10,183 shares of company stock valued at $1,071,501 in the last quarter. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Stock Performance

Shares of JCI opened at $109.25 on Tuesday. The stock has a 50-day simple moving average of $106.94 and a 200-day simple moving average of $96.76. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.81 and a current ratio of 0.96. The stock has a market capitalization of $71.49 billion, a PE ratio of 32.42, a PEG ratio of 1.93 and a beta of 1.31. Johnson Controls International plc has a 1 year low of $68.03 and a 1 year high of $112.63.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.06. The business had revenue of $6.05 billion during the quarter, compared to analysts’ expectations of $5.99 billion. Johnson Controls International had a return on equity of 14.71% and a net margin of 9.53%. Johnson Controls International has set its FY 2025 guidance at 3.650-3.680 EPS. Q4 2025 guidance at 1.140-1.170 EPS. On average, analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Monday, September 22nd will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend 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 43.92%.

Johnson Controls International announced that its board has authorized a stock repurchase program on Friday, June 13th that allows the company to buyback $9.00 billion in shares. This buyback authorization allows the company to reacquire up to 13.4% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

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.