Sustainable Insight Capital Management LLC purchased a new stake in Johnson Controls International plc (NYSE:JCI – Free Report) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 17,947 shares of the company’s stock, valued at approximately $1,896,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the business. Savant Capital LLC raised its position in shares of Johnson Controls International by 44.4% in the second quarter. Savant Capital LLC now owns 141,215 shares of the company’s stock valued at $14,915,000 after buying an additional 43,406 shares in the last quarter. Modera Wealth Management LLC bought a new position in Johnson Controls International in the second quarter valued at approximately $240,000. Soltis Investment Advisors LLC acquired a new position in Johnson Controls International during the second quarter valued at approximately $281,000. Achmea Investment Management B.V. bought a new stake in Johnson Controls International during the second quarter worth $356,000. Finally, Golden State Wealth Management LLC lifted its stake in Johnson Controls International by 97.6% during the second quarter. Golden State Wealth Management LLC now owns 1,654 shares of the company’s stock worth $175,000 after purchasing an additional 817 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.
Insiders Place Their Bets
In related news, VP Daniel C. Mcconeghy sold 5,917 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $105.73, for a total transaction of $625,604.41. Following the completion of 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total value of $149,395.32. Following the transaction, the vice president directly owned 139,459 shares in the company, valued at $14,651,562.54. The trade was a 1.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.54% of the company’s stock.
Johnson Controls International Stock Performance
Johnson Controls International (NYSE:JCI – Get Free Report) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $1.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.06. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. The business had revenue of $6.44 billion during the quarter, compared to analyst estimates of $6.31 billion. During the same quarter last year, the business earned $1.28 EPS. The firm’s quarterly revenue was up 3.1% on a year-over-year basis. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS. Q1 2026 guidance at 0.830-0.83 EPS. Equities research analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current year.
Johnson Controls International Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Monday, September 22nd were paid a $0.40 dividend. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.37. This represents a $1.60 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, September 22nd. Johnson Controls International’s payout ratio is presently 47.48%.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the company. Wells Fargo & Company boosted their price target on Johnson Controls International from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday. Robert W. Baird lifted their target price on Johnson Controls International from $110.00 to $115.00 and gave the company a “neutral” rating in a research report on Tuesday, October 14th. Mizuho increased their target price on shares of Johnson Controls International from $105.00 to $120.00 and gave the stock a “neutral” rating in a report on Thursday. JPMorgan Chase & Co. raised their price target on shares of Johnson Controls International from $105.00 to $125.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Finally, Barclays lifted their price target on shares of Johnson Controls International from $101.00 to $119.00 and gave the company an “equal weight” rating in a report on Thursday. Ten investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $117.56.
Read Our Latest Research Report on JCI
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.
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