Trifecta Capital Advisors LLC Buys 4,000 Shares of Johnson Controls International plc $JCI

Trifecta Capital Advisors LLC lifted its stake in Johnson Controls International plc (NYSE:JCI) by 2,072.5% during the second quarter, HoldingsChannel.com reports. The firm owned 4,193 shares of the company’s stock after purchasing an additional 4,000 shares during the quarter. Trifecta Capital Advisors LLC’s holdings in Johnson Controls International were worth $443,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Truvestments Capital LLC boosted its position in shares of Johnson Controls International by 425.0% in 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 shares of Johnson Controls International in the 1st quarter worth approximately $26,000. Cornerstone Planning Group LLC boosted its position in shares of Johnson Controls International by 74.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 363 shares of the company’s stock worth $28,000 after purchasing an additional 155 shares in the last quarter. Activest Wealth Management boosted its position in shares of Johnson Controls International by 56.4% in the 1st quarter. Activest Wealth Management now owns 369 shares of the company’s stock worth $30,000 after purchasing an additional 133 shares in the last quarter. Finally, Community Bank N.A. bought a new position in Johnson Controls International in the 1st quarter valued at approximately $32,000. 90.05% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, VP Nathan D. Manning sold 1,422 shares of the firm’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 transaction, the vice president directly 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 completion of the transaction, the vice president directly owned 25,005 shares in the company, valued at approximately $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. Over the last ninety days, insiders sold 8,761 shares of company stock worth $922,447. 0.54% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on JCI. Robert W. Baird upped their price objective on Johnson Controls International from $90.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, July 17th. Royal Bank Of Canada upped their price objective on Johnson Controls International from $112.00 to $114.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 30th. The Goldman Sachs Group upped their price objective on Johnson Controls International from $119.00 to $124.00 and gave the company a “buy” rating in a research report on Monday, September 15th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Johnson Controls International in a research report on Wednesday. Finally, Citigroup upped their price objective on Johnson Controls International from $110.00 to $112.00 and gave the company a “neutral” rating in a research report on Wednesday, July 30th. Ten analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $109.00.

Johnson Controls International Stock Performance

JCI stock opened at $108.43 on Thursday. The company 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 1 year low of $68.03 and a 1 year high of $112.63. 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 stock’s fifty day moving average price is $106.92 and its 200-day moving average price is $98.84.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.06. The firm had revenue of $6.05 billion for the quarter, compared to the consensus estimate 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. On average, equities analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International declared that its Board of Directors has approved a share buyback program on Friday, June 13th that authorizes the company to repurchase $9.00 billion in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 13.4% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s board believes its shares are undervalued.

Johnson Controls International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Monday, September 22nd will be issued 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 payout ratio is 47.48%.

Johnson Controls International Company 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.