waypoint wealth counsel Invests $225,000 in Johnson Controls International plc $JCI

waypoint wealth counsel purchased a new position in shares of Johnson Controls International plc (NYSE:JCI) in the second quarter, HoldingsChannel reports. The firm purchased 2,129 shares of the company’s stock, valued at approximately $225,000.

A number of other hedge funds have also modified their holdings of the business. Vanguard Group Inc. grew its holdings 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 worth $5,483,104,000 after purchasing an additional 288,576 shares during the period. Raymond James Financial Inc. grew its holdings in shares of 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 worth $591,078,000 after purchasing an additional 178,169 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Johnson Controls International by 3.0% during 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 purchasing an additional 185,476 shares during the period. Amundi grew its holdings in shares of Johnson Controls International by 22.2% during the 1st quarter. Amundi now owns 4,731,377 shares of the company’s stock worth $366,412,000 after purchasing an additional 860,899 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Johnson Controls International by 6.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,178,516 shares of the company’s stock worth $254,631,000 after purchasing an additional 198,817 shares during the period. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Johnson Controls International Price 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 firm has a market capitalization of $69.12 billion, a P/E ratio of 31.34, a P/E/G ratio of 1.59 and a beta of 1.33. The business’s 50-day moving average is $106.96 and its two-hundred day moving average is $99.38. 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 posted its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.06. The company had revenue of $6.05 billion for the quarter, compared to analyst estimates of $5.99 billion. Johnson Controls International had a return on equity of 14.71% and a net margin of 9.53%. Johnson Controls International has set its FY 2025 guidance at 3.650-3.680 EPS. Q4 2025 guidance at 1.140-1.170 EPS. Analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Increases Dividend

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

Insider Activity

In other news, VP Nathan D. Manning sold 1,422 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total transaction 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. This trade represents a 1.01% 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 firm’s stock in a transaction dated 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 8,761 shares of company stock worth $922,447 in the last three months. Corporate insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

JCI has been the topic of several research reports. The Goldman Sachs Group increased their target price on Johnson Controls International from $119.00 to $124.00 and gave the stock a “buy” rating in a research note on Monday, September 15th. Royal Bank Of Canada increased their target price on Johnson Controls International from $112.00 to $114.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 30th. Citigroup increased their target price on Johnson Controls International from $112.00 to $119.00 and gave the stock a “neutral” rating in a research note on Thursday. Oppenheimer lowered Johnson Controls International from an “outperform” rating to a “market perform” rating in a research note on Friday, June 20th. Finally, Jefferies Financial Group reissued a “hold” rating and set a $120.00 target price on shares of Johnson Controls International in a research note on Thursday, July 24th. Ten analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, Johnson Controls International presently has a consensus rating of “Moderate Buy” and a consensus target price of $109.39.

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.