Triad Wealth Partners LLC Takes Position in Johnson Controls International plc $JCI

Triad Wealth Partners LLC purchased a new stake in Johnson Controls International plc (NYSE:JCI) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,385 shares of the company’s stock, valued at approximately $252,000.

Other large investors have also recently bought and sold shares of the company. Grove Bank & Trust increased its holdings in shares of Johnson Controls International by 3.5% in the 2nd quarter. Grove Bank & Trust now owns 3,117 shares of the company’s stock valued at $329,000 after purchasing an additional 106 shares in the last quarter. TIAA Trust National Association grew its position in Johnson Controls International by 1.0% during the first quarter. TIAA Trust National Association now owns 11,339 shares of the company’s stock worth $908,000 after buying an additional 115 shares during the period. Strategic Blueprint LLC increased its holdings in Johnson Controls International by 4.3% in the first quarter. Strategic Blueprint LLC now owns 2,980 shares of the company’s stock valued at $239,000 after buying an additional 123 shares in the last quarter. Sowell Financial Services LLC lifted its position in shares of Johnson Controls International by 4.6% during the 2nd quarter. Sowell Financial Services LLC now owns 2,820 shares of the company’s stock valued at $298,000 after acquiring an additional 123 shares during the period. Finally, HighPoint Advisor Group LLC boosted its stake in shares of Johnson Controls International by 1.4% during the 1st quarter. HighPoint Advisor Group LLC now owns 8,976 shares of the company’s stock worth $739,000 after acquiring an additional 124 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Insiders Place Their Bets

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 5,917 shares of Johnson Controls International 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 completion of the sale, the vice president owned 25,005 shares in the company, valued at $2,643,778.65. The trade was a 19.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Nathan D. Manning sold 1,422 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total transaction of $149,395.32. Following the transaction, the vice president directly owned 139,459 shares of the company’s stock, valued at approximately $14,651,562.54. This represents a 1.01% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,761 shares of company stock valued at $922,447. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Price Performance

NYSE:JCI opened at $108.70 on Friday. Johnson Controls International plc has a 12-month low of $68.03 and a 12-month high of $112.63. The firm has a market cap of $71.13 billion, a price-to-earnings ratio of 32.25, a price-to-earnings-growth ratio of 1.63 and a beta of 1.33. The company’s 50-day moving average is $106.78 and its two-hundred day moving average is $98.31. 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 (NYSE:JCI) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.06. The business had revenue of $6.05 billion during the quarter, compared to analyst estimates of $5.99 billion. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. Johnson Controls International has set its FY 2025 guidance at 3.650-3.680 EPS. Q4 2025 guidance at 1.140-1.170 EPS. Research analysts expect that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International announced that its board has initiated a share repurchase plan on Friday, June 13th that authorizes the company to repurchase $9.00 billion in shares. This repurchase authorization authorizes the company to repurchase up to 13.4% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

Johnson Controls International Increases Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Robert W. Baird lifted their price objective on Johnson Controls International from $90.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday, July 17th. Oppenheimer downgraded Johnson Controls International from an “outperform” rating to a “market perform” rating in a research note on Friday, June 20th. Zacks Research raised shares of Johnson Controls International to a “hold” rating in a research note on Monday, August 11th. The Goldman Sachs Group raised their target price on shares of Johnson Controls International from $119.00 to $124.00 and gave the company a “buy” rating in a report on Monday, September 15th. Finally, Wolfe Research upped their price target on shares of Johnson Controls International from $132.00 to $133.00 and gave the company an “outperform” rating in a report on Friday, September 12th. Ten research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $108.28.

Johnson Controls International Profile

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.