Elo Mutual Pension Insurance Co Lowers Position in Johnson Controls International plc $JCI

Elo Mutual Pension Insurance Co trimmed its stake in shares of Johnson Controls International plc (NYSE:JCI) by 6.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 60,667 shares of the company’s stock after selling 3,967 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Johnson Controls International were worth $6,408,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in shares of Johnson Controls International by 1.3% during the second quarter. Vanguard Group Inc. now owns 69,365,463 shares of the company’s stock valued at $7,326,380,000 after purchasing an additional 920,777 shares in the last quarter. Franklin Resources Inc. boosted its stake in Johnson Controls International by 3.0% during the second quarter. Franklin Resources Inc. now owns 23,223,902 shares of the company’s stock valued at $2,452,909,000 after buying an additional 675,862 shares during the last quarter. Geode Capital Management LLC grew its holdings in Johnson Controls International by 0.8% during the 2nd quarter. Geode Capital Management LLC now owns 14,285,011 shares of the company’s stock valued at $1,501,266,000 after buying an additional 120,078 shares in the last quarter. Raymond James Financial Inc. grew its holdings in Johnson Controls International by 2.5% during the 1st quarter. Raymond James Financial Inc. now owns 7,378,331 shares of the company’s stock valued at $591,078,000 after buying an additional 178,169 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Johnson Controls International by 3.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,354,069 shares of the company’s stock worth $509,024,000 after acquiring an additional 185,476 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

JCI has been the subject of a number of research reports. Royal Bank Of Canada increased their target price on Johnson Controls International from $116.00 to $135.00 and gave the company a “sector perform” rating in a research report on Thursday, November 6th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Johnson Controls International from $124.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, October 2nd. Argus reissued a “buy” rating and issued a $145.00 price objective on shares of Johnson Controls International in a research note on Friday, November 7th. Mizuho boosted 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, November 6th. Finally, Barclays increased 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, November 6th. Ten investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, Johnson Controls International currently has an average rating of “Moderate Buy” and a consensus target price of $121.00.

Insider Buying and Selling

In related news, VP Lei Zhang Schlitz sold 32,031 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $113.20, for a total transaction of $3,625,909.20. Following the completion of the sale, the vice president directly owned 66,780 shares of the company’s stock, valued at approximately $7,559,496. This trade represents a 32.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the company’s 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 completion of the transaction, the vice president directly owned 25,005 shares in the company, valued at $2,643,778.65. This trade represents a 19.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 49,870 shares of company stock valued at $5,682,224. Insiders own 0.54% of the company’s stock.

Johnson Controls International Trading Up 0.4%

Shares of JCI opened at $114.66 on Wednesday. The company’s fifty day simple moving average is $112.08 and its 200-day simple moving average is $107.18. The company has a market cap of $70.07 billion, a P/E ratio of 34.02, a P/E/G ratio of 1.70 and a beta of 1.36. The company has a current ratio of 0.96, a quick ratio of 0.81 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a twelve month low of $68.03 and a twelve month high of $123.78.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Wednesday, November 5th. The company reported $1.26 EPS for the quarter, topping 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 firm had revenue of $6.44 billion during the quarter, compared to analysts’ expectations of $6.31 billion. During the same period in the previous year, the company earned $1.28 EPS. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS. Q1 2026 guidance at 0.830-0.83 EPS. As a group, analysts expect that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Increases Dividend

The firm also recently declared 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 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 1.4%. Johnson Controls International’s dividend payout ratio (DPR) is currently 31.43%.

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.