Johnson Controls International (NYSE:JCI) Hits New 1-Year High Following Strong Earnings

Johnson Controls International plc (NYSE:JCI)’s share price reached a new 52-week high during mid-day trading on Wednesday following a stronger than expected earnings report. The company traded as high as $117.00 and last traded at $119.4360, with a volume of 43974 shares trading hands. The stock had previously closed at $111.04.

The company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.06. The business had revenue of $6.44 billion during the quarter, compared to analysts’ expectations of $6.31 billion. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. The business’s revenue was up 3.1% on a year-over-year basis. During the same period last year, the firm posted $1.28 earnings per share. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS. Q1 2026 guidance at 0.830-0.83 EPS.

Johnson Controls International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Monday, September 22nd were issued a $0.40 dividend. The ex-dividend date was Monday, September 22nd. This is an increase from Johnson Controls International’s previous quarterly dividend of $0.37. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.3%. Johnson Controls International’s dividend payout ratio is currently 47.48%.

Wall Street Analysts Forecast Growth

JCI has been the topic of a number of analyst reports. Robert W. Baird increased their price objective on Johnson Controls International from $110.00 to $115.00 and gave the company a “neutral” rating in a report on Tuesday, October 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Johnson Controls International in a research report on Wednesday, October 8th. The Goldman Sachs Group raised their price objective on shares of Johnson Controls International from $119.00 to $124.00 and gave the stock a “buy” rating in a research note on Monday, September 15th. Royal Bank Of Canada boosted 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 report on Thursday, October 16th. Finally, JPMorgan Chase & Co. increased their price target on shares of Johnson Controls International from $105.00 to $125.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. Ten analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, Johnson Controls International has a consensus rating of “Moderate Buy” and an average price target of $113.41.

Insider Activity

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 5,917 shares of the company’s 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 sale, the vice president directly owned 25,005 shares in the company, valued at $2,643,778.65. This represents a 19.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total transaction of $149,395.32. Following the sale, the vice president owned 139,459 shares of the company’s stock, valued at $14,651,562.54. This trade represents a 1.01% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Fulton Bank N.A. increased its stake in Johnson Controls International by 0.7% in the third quarter. Fulton Bank N.A. now owns 12,645 shares of the company’s stock valued at $1,390,000 after purchasing an additional 91 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its position in shares of Johnson Controls International by 12.6% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 860 shares of the company’s stock worth $95,000 after purchasing an additional 96 shares during the period. Gilbert & Cook Inc. lifted its holdings in shares of Johnson Controls International by 1.5% during the 2nd quarter. Gilbert & Cook Inc. now owns 6,769 shares of the company’s stock valued at $715,000 after purchasing an additional 97 shares in the last quarter. Nwam LLC grew its position in shares of Johnson Controls International by 1.1% in the 2nd quarter. Nwam LLC now owns 9,141 shares of the company’s stock valued at $951,000 after purchasing an additional 97 shares during the period. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in Johnson Controls International by 2.0% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 5,155 shares of the company’s stock worth $567,000 after buying an additional 99 shares during the period. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Price Performance

The company’s fifty day moving average price is $108.82 and its two-hundred day moving average price is $103.61. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.50. The company has a market cap of $77.86 billion, a price-to-earnings ratio of 35.97, a PEG ratio of 1.70 and a beta of 1.36.

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.