IFP Advisors Inc Raises Stock Holdings in Johnson Controls International plc $JCI

IFP Advisors Inc increased its position in Johnson Controls International plc (NYSE:JCI) by 23.1% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 15,597 shares of the company’s stock after purchasing an additional 2,927 shares during the period. IFP Advisors Inc’s holdings in Johnson Controls International were worth $1,648,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in JCI. Brighton Jones LLC purchased a new position in Johnson Controls International during the 4th quarter valued at $222,000. Farther Finance Advisors LLC increased its position in Johnson Controls International by 24.5% during the 1st quarter. Farther Finance Advisors LLC now owns 7,946 shares of the company’s stock valued at $647,000 after purchasing an additional 1,566 shares during the period. Wealthcare Advisory Partners LLC increased its position in Johnson Controls International by 9.0% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 3,982 shares of the company’s stock valued at $319,000 after purchasing an additional 328 shares during the period. GAMMA Investing LLC increased its position in Johnson Controls International by 27.8% during the 1st quarter. GAMMA Investing LLC now owns 14,720 shares of the company’s stock valued at $1,179,000 after purchasing an additional 3,201 shares during the period. Finally, SG Americas Securities LLC increased its position in Johnson Controls International by 29.1% during the 1st quarter. SG Americas Securities LLC now owns 22,483 shares of the company’s stock valued at $1,801,000 after purchasing an additional 5,067 shares during the period. 90.05% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 5,917 shares of the company’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total transaction of $625,604.41. Following the transaction, the vice president owned 25,005 shares in the company, valued at approximately $2,643,778.65. This represents a 19.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Nathan D. Manning sold 1,422 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total transaction of $149,395.32. Following the transaction, the vice president owned 139,459 shares in the company, valued at $14,651,562.54. This represents a 1.01% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,761 shares of company stock worth $922,447. 0.54% of the stock is currently owned by company insiders.

Johnson Controls International Stock Performance

Shares of Johnson Controls International stock opened at $105.62 on Friday. The stock has a market cap of $69.12 billion, a price-to-earnings ratio of 31.34, a PEG ratio of 1.58 and a beta of 1.33. The firm’s 50-day moving average is $106.96 and its 200 day moving average is $99.26. Johnson Controls International plc has a 1 year low of $68.03 and a 1 year high of $112.63. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.96 and a quick ratio of 0.81.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.06. The company had revenue of $6.05 billion for the quarter, compared to analysts’ expectations 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. Sell-side analysts anticipate 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 will be paid on Friday, October 17th. Investors of record on Monday, September 22nd will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, September 22nd. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s dividend payout ratio (DPR) is presently 47.48%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on JCI. Zacks Research raised shares of Johnson Controls International to a “hold” rating in a research report on Monday, August 11th. Royal Bank Of Canada boosted their price objective on shares of Johnson Controls International from $112.00 to $114.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Johnson Controls International from $124.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, October 2nd. The Goldman Sachs Group boosted their target price on shares of Johnson Controls International from $119.00 to $124.00 and gave the company a “buy” rating in a report on Monday, September 15th. Finally, Oppenheimer cut shares of Johnson Controls International from an “outperform” rating to a “market perform” rating in a report on Friday, June 20th. Ten analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $109.39.

About Johnson Controls International

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.