Insight Inv LLC Has $2.02 Million Stock Position in Johnson Controls International plc $JCI

Insight Inv LLC lowered its stake in shares of Johnson Controls International plc (NYSE:JCI) by 3.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,115 shares of the company’s stock after selling 685 shares during the period. Insight Inv LLC’s holdings in Johnson Controls International were worth $2,019,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Truvestments Capital LLC raised its stake in shares of Johnson Controls International by 425.0% during the 1st quarter. Truvestments Capital LLC now owns 315 shares of the company’s stock worth $25,000 after purchasing an additional 255 shares in the last quarter. Accent Capital Management LLC bought a new stake in Johnson Controls International in the 1st quarter valued at $26,000. Cornerstone Planning Group LLC raised its stake in Johnson Controls International by 74.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 363 shares of the company’s stock valued at $28,000 after acquiring an additional 155 shares during the period. Activest Wealth Management raised 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 acquiring an additional 133 shares during the period. Finally, Community Bank N.A. bought a new stake in Johnson Controls International in the 1st quarter valued at $32,000. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

JCI opened at $108.43 on Thursday. The firm has a market cap of $70.95 billion, a P/E ratio of 32.18, a price-to-earnings-growth ratio of 1.63 and a beta of 1.33. Johnson Controls International plc has a 52-week low of $68.03 and a 52-week high of $112.63. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.81 and a current ratio of 0.96. The business’s fifty day moving average is $106.92 and its 200-day moving average is $98.84.

Johnson Controls International (NYSE:JCI) last released its earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate 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. Sell-side analysts expect 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 annualized dividend and a yield of 1.5%. This is a boost 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 47.48%.

Johnson Controls International declared that its board has approved a stock repurchase plan on Friday, June 13th that permits the company to repurchase $9.00 billion in shares. This repurchase authorization permits the company to repurchase up to 13.4% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

JCI has been the topic of a number of research analyst reports. Zacks Research upgraded Johnson Controls International to a “hold” rating in a research note on Monday, August 11th. Weiss Ratings restated a “buy (b)” rating on shares of Johnson Controls International in a research note on Wednesday. Deutsche Bank Aktiengesellschaft increased their price target 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. Wolfe Research increased their price objective on Johnson Controls International from $132.00 to $133.00 and gave the stock an “outperform” rating in a research report on Friday, September 12th. Finally, Morgan Stanley increased their price objective on Johnson Controls International from $115.00 to $125.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Ten research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $109.00.

Insider Activity

In related 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 value of $149,395.32. Following the sale, the vice president directly owned 139,459 shares of the company’s stock, valued at $14,651,562.54. This trade represents a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the stock in a transaction dated 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 owned 25,005 shares of the company’s stock, valued at $2,643,778.65. This represents a 19.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,761 shares of company stock worth $922,447 over the last ninety days. 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.