Johnson Controls International plc $JCI Shares Sold by Lee Danner & Bass Inc.

Lee Danner & Bass Inc. lessened its position in shares of Johnson Controls International plc (NYSE:JCI) by 32.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,019 shares of the company’s stock after selling 959 shares during the quarter. Lee Danner & Bass Inc.’s holdings in Johnson Controls International were worth $213,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Truvestments Capital LLC grew its position in shares of Johnson Controls International by 425.0% in the first quarter. Truvestments Capital LLC now owns 315 shares of the company’s stock valued at $25,000 after purchasing an additional 255 shares during the period. Accent Capital Management LLC acquired a new stake in shares of Johnson Controls International in the first quarter valued at about $26,000. Cornerstone Planning Group LLC grew its position in shares of Johnson Controls International by 74.5% in the first quarter. Cornerstone Planning Group LLC now owns 363 shares of the company’s stock valued at $28,000 after purchasing an additional 155 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Johnson Controls International in the second quarter valued at about $28,000. Finally, Activest Wealth Management grew its position in shares of Johnson Controls International by 56.4% in the first quarter. Activest Wealth Management now owns 369 shares of the company’s stock valued at $30,000 after purchasing an additional 133 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Price Performance

Shares of JCI stock opened at $113.04 on Friday. 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’s 50-day moving average is $107.85 and its two-hundred day moving average is $101.33. Johnson Controls International plc has a 12 month low of $68.03 and a 12 month high of $113.38. The company has a market capitalization of $73.97 billion, a PE ratio of 33.54, a price-to-earnings-growth ratio of 1.66 and a beta of 1.33.

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, beating analysts’ consensus estimates of $0.99 by $0.06. The business had revenue of $6.05 billion for the quarter, compared to the consensus estimate 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. Analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Monday, September 22nd were paid a $0.40 dividend. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.4%. Johnson Controls International’s payout ratio is presently 47.48%.

Insider Buying and Selling

In related news, VP Nathan D. Manning sold 1,422 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total transaction 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 represents a 1.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the company’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $105.73, for a total transaction of $625,604.41. Following the sale, the vice president directly owned 25,005 shares in the company, valued at approximately $2,643,778.65. The trade was a 19.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,761 shares of company stock worth $922,447 over the last three months. Insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on JCI. Royal Bank Of Canada lifted their target price on shares of Johnson Controls International from $114.00 to $116.00 and gave the company a “sector perform” rating in a research report on Thursday, October 16th. The Goldman Sachs Group boosted their price target on shares of Johnson Controls International from $119.00 to $124.00 and gave the stock a “buy” rating in a research report on Monday, September 15th. 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 set a $120.00 price target on shares of Johnson Controls International in a research report on Thursday, July 24th. Finally, Barclays boosted their price target on shares of Johnson Controls International from $100.00 to $101.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 30th. Ten investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $113.41.

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.