Johnson Controls International plc $JCI Shares Sold by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR trimmed its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 16.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,973 shares of the company’s stock after selling 5,904 shares during the period. Generali Asset Management SPA SGR’s holdings in Johnson Controls International were worth $3,060,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in JCI. Nuveen LLC purchased a new stake in shares of Johnson Controls International during the first quarter worth $219,110,000. AQR Capital Management LLC grew its holdings in shares of Johnson Controls International by 747.6% in the first quarter. AQR Capital Management LLC now owns 2,034,060 shares of the company’s stock valued at $159,186,000 after purchasing an additional 1,794,089 shares during the period. Alkeon Capital Management LLC acquired a new position in Johnson Controls International in the first quarter valued at about $112,154,000. Voya Investment Management LLC lifted its position in Johnson Controls International by 637.1% in the first quarter. Voya Investment Management LLC now owns 1,567,576 shares of the company’s stock valued at $125,578,000 after buying an additional 1,354,912 shares during the last quarter. Finally, Valeo Financial Advisors LLC lifted its position in Johnson Controls International by 16,575.7% in the second quarter. Valeo Financial Advisors LLC now owns 1,275,357 shares of the company’s stock valued at $134,703,000 after buying an additional 1,267,709 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Johnson Controls International

In other news, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total transaction 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 transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Daniel C. Mcconeghy sold 5,917 shares of Johnson Controls International stock in a transaction on 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 directly owned 25,005 shares of the company’s stock, valued at $2,643,778.65. This trade represents a 19.14% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,761 shares of company stock valued at $922,447 in the last ninety days. Corporate insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

JCI has been the topic of several analyst reports. Oppenheimer cut shares of Johnson Controls International from an “outperform” rating to a “market perform” rating in a report on Friday, June 20th. Citigroup raised their target price on shares of Johnson Controls International from $112.00 to $119.00 and gave the stock a “neutral” rating in a research report on Thursday, October 9th. Morgan Stanley raised their target price on shares of Johnson Controls International from $115.00 to $125.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Johnson Controls International in a report on Wednesday, October 8th. Finally, Robert W. Baird increased their price target on Johnson Controls International from $90.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday, July 17th. Ten research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $113.00.

Johnson Controls International Trading Down 1.4%

NYSE:JCI opened at $109.26 on Friday. The company has a market capitalization of $71.50 billion, a PE ratio of 32.42, a price-to-earnings-growth ratio of 1.67 and a beta of 1.33. 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 plc has a 52-week low of $68.03 and a 52-week high of $112.63. The stock has a fifty day simple moving average of $107.24 and a 200-day simple moving average of $99.90.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.06. The business had revenue of $6.05 billion during the quarter, compared to the consensus estimate 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, equities research analysts expect that Johnson Controls International plc will post 3.64 earnings per share 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. Stockholders of record on Monday, September 22nd will be paid a dividend of $0.40 per share. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend is Monday, September 22nd. This represents a $1.60 annualized dividend and a dividend yield of 1.5%. Johnson Controls International’s dividend payout ratio is presently 47.48%.

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.