Johnson Controls International plc $JCI Shares Sold by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB cut its position in Johnson Controls International plc (NYSE:JCI) by 1.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 198,924 shares of the company’s stock after selling 2,188 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Johnson Controls International were worth $21,010,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of JCI. Truvestments Capital LLC boosted its holdings in Johnson Controls International by 425.0% in the first quarter. Truvestments Capital LLC now owns 315 shares of the company’s stock valued at $25,000 after purchasing an additional 255 shares during the period. Accent Capital Management LLC purchased a new stake in Johnson Controls International during the 1st quarter worth about $26,000. Hilltop National Bank purchased a new stake in Johnson Controls International during the 2nd quarter worth about $35,000. Cornerstone Planning Group LLC lifted its holdings in Johnson Controls International by 74.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 363 shares of the company’s stock worth $28,000 after buying an additional 155 shares during the last quarter. Finally, Activest Wealth Management lifted its holdings in Johnson Controls International by 56.4% during the 1st quarter. Activest Wealth Management now owns 369 shares of the company’s stock worth $30,000 after buying an additional 133 shares during the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International Stock Performance

Shares of JCI stock opened at $106.32 on Tuesday. The stock has a market capitalization of $69.57 billion, a PE ratio of 31.55, a price-to-earnings-growth ratio of 1.59 and a beta of 1.33. Johnson Controls International plc has a 52-week low of $68.03 and a 52-week high of $112.63. The stock’s 50-day moving average price is $106.96 and its 200 day moving average price is $99.57. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results 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 firm had revenue of $6.05 billion for 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. As a group, equities research analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Monday, September 22nd will be given a $0.40 dividend. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.37. The ex-dividend date is Monday, September 22nd. This represents a $1.60 annualized dividend and a yield of 1.5%. Johnson Controls International’s payout ratio is presently 47.48%.

Insider Activity

In related news, VP Daniel C. Mcconeghy sold 5,917 shares of the business’s 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 transaction, the vice president owned 25,005 shares in the company, valued at $2,643,778.65. The trade was a 19.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of the business’s 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 in the company, valued at $14,651,562.54. This trade represents a 1.01% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,761 shares of company stock worth $922,447 in the last 90 days. 0.54% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

JCI has been the subject of a number of recent analyst reports. Wolfe Research lifted their price target on Johnson Controls International from $132.00 to $133.00 and gave the stock an “outperform” rating in a report on Friday, September 12th. Jefferies Financial Group reaffirmed a “hold” rating and set a $120.00 price target on shares of Johnson Controls International in a report on Thursday, July 24th. Morgan Stanley lifted their price target on Johnson Controls International from $115.00 to $125.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Deutsche Bank Aktiengesellschaft lifted their price target on Johnson Controls International from $124.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Finally, Barclays boosted their target price on Johnson Controls International from $100.00 to $101.00 and gave the company an “equal weight” rating in a report on Wednesday, July 30th. Ten research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target 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.