Stratos Wealth Partners LTD. Acquires 13,049 Shares of Johnson Controls International plc $JCI

Stratos Wealth Partners LTD. increased its holdings in Johnson Controls International plc (NYSE:JCI) by 82.7% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 28,836 shares of the company’s stock after purchasing an additional 13,049 shares during the period. Stratos Wealth Partners LTD.’s holdings in Johnson Controls International were worth $3,046,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Private Trust Co. NA boosted its holdings in Johnson Controls International by 24.8% in the 2nd quarter. Private Trust Co. NA now owns 2,310 shares of the company’s stock worth $244,000 after buying an additional 459 shares during the period. Angeles Wealth Management LLC boosted its holdings in Johnson Controls International by 3.8% in the 2nd quarter. Angeles Wealth Management LLC now owns 3,471 shares of the company’s stock worth $367,000 after buying an additional 128 shares during the period. Nordea Investment Management AB boosted its holdings in Johnson Controls International by 29.4% in the 2nd quarter. Nordea Investment Management AB now owns 129,681 shares of the company’s stock worth $13,614,000 after buying an additional 29,470 shares during the period. New York State Teachers Retirement System boosted its holdings in Johnson Controls International by 8.4% in the 2nd quarter. New York State Teachers Retirement System now owns 518,205 shares of the company’s stock worth $54,733,000 after buying an additional 39,966 shares during the period. Finally, Interchange Capital Partners LLC bought a new position in Johnson Controls International in the 2nd quarter worth approximately $56,000. 90.05% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Wolfe Research raised their price objective on shares of Johnson Controls International from $132.00 to $133.00 and gave the stock an “outperform” rating in a report on Friday, September 12th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Johnson Controls International from $124.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. Robert W. Baird increased their target price on shares of Johnson Controls International from $110.00 to $115.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 14th. Jefferies Financial Group reiterated a “hold” rating and issued a $120.00 target price on shares of Johnson Controls International in a research note on Thursday, July 24th. Finally, Royal Bank Of Canada increased their target price on shares of Johnson Controls International from $114.00 to $116.00 and gave the stock a “sector perform” rating in a research note on Thursday. Ten analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $113.41.

Insider Buying and Selling at Johnson Controls International

In related news, VP Daniel C. Mcconeghy sold 5,917 shares of Johnson Controls International stock in a transaction on Wednesday, September 3rd. The shares were 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. This trade represents a 19.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 in the company, valued at approximately $14,651,562.54. The trade was a 1.01% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,761 shares of company stock worth $922,447. Corporate insiders own 0.54% of the company’s stock.

Johnson Controls International Stock Performance

Johnson Controls International stock opened at $108.96 on Monday. The firm’s fifty day moving average price is $107.31 and its 200-day moving average price is $100.37. 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 cap of $71.30 billion, a P/E ratio of 32.33, a price-to-earnings-growth ratio of 1.63 and a beta of 1.33. Johnson Controls International plc has a fifty-two week low of $68.03 and a fifty-two week high of $112.63.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $1.05 earnings per share 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 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. 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 business also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Monday, September 22nd were given a dividend of $0.40 per share. This is an increase from Johnson Controls International’s previous quarterly dividend of $0.37. The ex-dividend date was 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 47.48%.

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.