Ironwood Investment Counsel LLC Acquires 1,371 Shares of Johnson Controls International plc $JCI

Ironwood Investment Counsel LLC increased its holdings in Johnson Controls International plc (NYSE:JCI) by 36.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,157 shares of the company’s stock after purchasing an additional 1,371 shares during the period. Ironwood Investment Counsel LLC’s holdings in Johnson Controls International were worth $545,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Truvestments Capital LLC raised its stake in shares of Johnson Controls International by 425.0% in the 1st quarter. Truvestments Capital LLC now owns 315 shares of the company’s stock valued at $25,000 after acquiring an additional 255 shares in the last quarter. Accent Capital Management LLC acquired a new position in Johnson Controls International during the 1st quarter worth $26,000. Caitong International Asset Management Co. Ltd bought a new stake in Johnson Controls International during the second quarter valued at about $28,000. Activest Wealth Management grew its position in shares of Johnson Controls International by 56.4% in the first quarter. Activest Wealth Management now owns 369 shares of the company’s stock valued at $30,000 after purchasing an additional 133 shares during the last quarter. Finally, Hilltop National Bank bought a new position in shares of Johnson Controls International in the second quarter worth about $35,000. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Down 0.6%

JCI opened at $121.86 on Wednesday. Johnson Controls International plc has a fifty-two week low of $68.03 and a fifty-two week high of $123.76. The company has a market capitalization of $79.74 billion, a P/E ratio of 36.16, a P/E/G ratio of 1.70 and a beta of 1.36. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.96 and a quick ratio of 0.81. The firm’s fifty day moving average price is $110.26 and its two-hundred day moving average price is $105.16.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Wednesday, November 5th. The company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.06. The business had revenue of $6.44 billion for the quarter, compared to analyst estimates of $6.31 billion. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. The firm’s revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.28 EPS. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS. Q1 2026 guidance at 0.830-0.83 EPS. On average, analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Increases Dividend

The business 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. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, September 22nd. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s payout ratio is currently 31.43%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on JCI. Morgan Stanley increased their target price on Johnson Controls International from $115.00 to $125.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Jefferies Financial Group reissued a “hold” rating and issued a $120.00 price objective on shares of Johnson Controls International in a research report on Thursday, July 24th. Robert W. Baird raised their price objective 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. UBS Group reiterated a “buy” rating and set a $124.00 target price on shares of Johnson Controls International in a research note on Thursday, November 6th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Johnson Controls International in a research report on Wednesday, October 8th. Ten analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, Johnson Controls International currently has an average rating of “Moderate Buy” and an average target price of $120.72.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, VP Nathan D. Manning sold 1,422 shares of the company’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total value of $149,395.32. Following the sale, the vice president directly owned 139,459 shares in the company, valued at $14,651,562.54. This represents a 1.01% 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 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 directly owned 25,005 shares of the company’s stock, valued at approximately $2,643,778.65. The trade was a 19.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 17,839 shares of company stock valued at $2,056,315 in the last 90 days. 0.54% of the stock is owned by corporate insiders.

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.