LRI Investments LLC Sells 346 Shares of Johnson Controls International plc $JCI

LRI Investments LLC lessened its stake in shares of Johnson Controls International plc (NYSE:JCI) by 8.6% in the 2nd quarter, Holdings Channel reports. The firm owned 3,679 shares of the company’s stock after selling 346 shares during the period. LRI Investments LLC’s holdings in Johnson Controls International were worth $389,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Johnson Controls International by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 68,444,686 shares of the company’s stock valued at $5,483,104,000 after acquiring an additional 288,576 shares during the last quarter. Raymond James Financial Inc. lifted its position in Johnson Controls International by 2.5% during the first quarter. Raymond James Financial Inc. now owns 7,378,331 shares of the company’s stock valued at $591,078,000 after purchasing an additional 178,169 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of 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 valued at $509,024,000 after acquiring an additional 185,476 shares during the last quarter. Amundi lifted its holdings in shares of Johnson Controls International by 22.2% in the 1st quarter. Amundi now owns 4,731,377 shares of the company’s stock valued at $366,412,000 after acquiring an additional 860,899 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Johnson Controls International by 6.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,178,516 shares of the company’s stock valued at $254,631,000 after acquiring an additional 198,817 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Stock Performance

JCI stock opened at $105.62 on Monday. 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 business has a 50-day moving average price of $106.96 and a 200 day moving average price of $99.38. The company has a market capitalization of $69.12 billion, a P/E ratio of 31.34, a PEG ratio of 1.59 and a beta of 1.33. Johnson Controls International plc has a 1-year low of $68.03 and a 1-year high of $112.63.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Tuesday, July 29th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.06. Johnson Controls International had a return on equity of 14.71% and a net margin of 9.53%.The firm had revenue of $6.05 billion during the quarter, compared to the consensus estimate of $5.99 billion. Johnson Controls International has set its FY 2025 guidance at 3.650-3.680 EPS. Q4 2025 guidance at 1.140-1.170 EPS. As a group, equities research analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Monday, September 22nd will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.5%. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend is Monday, September 22nd. Johnson Controls International’s payout ratio is presently 47.48%.

Analyst Upgrades and Downgrades

JCI has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft raised their price objective on Johnson Controls International from $124.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, October 2nd. Oppenheimer lowered Johnson Controls International from an “outperform” rating to a “market perform” rating in a research note on Friday, June 20th. Weiss Ratings restated a “buy (b)” rating on shares of Johnson Controls International in a research report on Wednesday, October 8th. Jefferies Financial Group restated a “hold” rating and issued a $120.00 price target on shares of Johnson Controls International in a research report on Thursday, July 24th. Finally, Citigroup raised their target price on shares of Johnson Controls International from $112.00 to $119.00 and gave the stock a “neutral” rating in a report on Thursday. Ten analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $109.39.

Insider Buying and Selling

In other news, VP Daniel C. Mcconeghy sold 5,917 shares of the business’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 completion of 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Nathan D. Manning sold 1,422 shares of the business’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 completion of the transaction, the vice president directly 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,761 shares of company stock valued at $922,447 in the last three months. 0.54% of the stock is currently owned by 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.