Prudential Financial Inc. Increases Holdings in Johnson Controls International plc $JCI

Prudential Financial Inc. increased its position in shares of Johnson Controls International plc (NYSE:JCI) by 37.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 134,568 shares of the company’s stock after purchasing an additional 36,359 shares during the quarter. Prudential Financial Inc.’s holdings in Johnson Controls International were worth $14,213,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Truvestments Capital LLC boosted its stake in shares of Johnson Controls International by 425.0% in the first quarter. Truvestments Capital LLC now owns 315 shares of the company’s stock worth $25,000 after buying an additional 255 shares during the last quarter. Accent Capital Management LLC acquired a new position in shares of Johnson Controls International during the 1st quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd purchased a new position in Johnson Controls International during the second quarter valued at $28,000. Activest Wealth Management lifted its stake in Johnson Controls International by 56.4% in the 1st quarter. Activest Wealth Management now owns 369 shares of the company’s stock valued at $30,000 after buying an additional 133 shares in the last quarter. Finally, MTM Investment Management LLC purchased a new stake in shares of Johnson Controls International during the second quarter worth approximately $32,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Johnson Controls International Stock Up 1.6%

NYSE:JCI opened at $116.52 on Thursday. The stock’s fifty day moving average is $112.27 and its two-hundred day moving average is $107.24. Johnson Controls International plc has a 52 week low of $68.03 and a 52 week high of $123.78. The stock has a market capitalization of $71.21 billion, a price-to-earnings ratio of 34.58, a price-to-earnings-growth ratio of 1.70 and a beta of 1.36. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $1.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.06. The company 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 business’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $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. Research 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. Investors of record on Monday, September 22nd were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Monday, September 22nd. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s payout ratio is presently 31.43%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on JCI shares. Wells Fargo & Company boosted their price target on shares of Johnson Controls International from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. Robert W. Baird lifted their price target on shares of Johnson Controls International from $110.00 to $115.00 and gave the company a “neutral” rating in a research report on Tuesday, October 14th. Weiss Ratings reiterated a “buy (b)” rating on shares of Johnson Controls International in a report on Wednesday, October 8th. Morgan Stanley raised their target price on Johnson Controls International from $115.00 to $125.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Finally, Mizuho upped their price target on Johnson Controls International from $105.00 to $120.00 and gave the company a “neutral” rating in a research note on Thursday, November 6th. Ten investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $121.32.

Insider Buying and Selling

In other Johnson Controls International 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 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 trade represents a 19.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Nathan D. Manning sold 1,422 shares of the business’s stock in a transaction that occurred 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 owned 139,459 shares of the company’s stock, valued at approximately $14,651,562.54. The trade was a 1.01% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 49,870 shares of company stock worth $5,682,224. Company insiders own 0.54% of the company’s stock.

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.