Massachusetts Financial Services Co. MA Has $419.85 Million Stock Position in Johnson Controls International plc $JCI

Massachusetts Financial Services Co. MA lowered its position in Johnson Controls International plc (NYSE:JCI) by 40.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,975,084 shares of the company’s stock after selling 2,648,793 shares during the period. Massachusetts Financial Services Co. MA owned 0.60% of Johnson Controls International worth $419,848,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd bought a new position in shares of Johnson Controls International in the 2nd quarter worth $28,000. Truvestments Capital LLC lifted its stake 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 buying an additional 255 shares in the last quarter. Accent Capital Management LLC acquired a new position in shares of Johnson Controls International during the first quarter valued at about $26,000. Hilltop National Bank acquired a new position in shares of Johnson Controls International during the second quarter valued at about $35,000. Finally, Activest Wealth Management increased its position in shares of Johnson Controls International by 56.4% during the first quarter. Activest Wealth Management now owns 369 shares of the company’s stock worth $30,000 after acquiring an additional 133 shares in the last quarter. Institutional investors own 90.05% of the company’s stock.

Analyst Ratings Changes

JCI has been the subject of a number of analyst reports. UBS Group reiterated a “buy” rating and set a $124.00 price target on shares of Johnson Controls International in a research note on Thursday, November 6th. Wells Fargo & Company raised their target price on Johnson Controls International from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, November 6th. JPMorgan Chase & Co. lifted their target price on Johnson Controls International from $105.00 to $125.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Zacks Research upgraded Johnson Controls International to a “hold” rating in a report on Monday, August 11th. Finally, Wolfe Research raised their price objective on Johnson Controls International from $135.00 to $138.00 and gave the company an “outperform” rating in a research note on Thursday. Ten research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $121.00.

Johnson Controls International Price Performance

Shares of NYSE:JCI opened at $118.57 on Friday. The company has a market capitalization of $77.59 billion, a P/E ratio of 35.18, a price-to-earnings-growth ratio of 1.70 and a beta of 1.36. The company’s 50-day moving average is $111.11 and its 200 day moving average is $105.80. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.81 and a current ratio of 0.96. Johnson Controls International plc has a fifty-two week low of $68.03 and a fifty-two week high of $123.78.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.20 by $0.06. The business had revenue of $6.44 billion for the quarter, compared to analyst estimates of $6.31 billion. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. The company’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.28 earnings per share. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS. Q1 2026 guidance at 0.830-0.83 EPS. On average, equities research analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Monday, September 22nd were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.3%. 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. Johnson Controls International’s dividend payout ratio is currently 31.43%.

Insiders Place Their Bets

In related news, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International 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 completion of 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 SEC, which can be accessed through this hyperlink. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the business’s 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 sale, the vice president owned 25,005 shares in the company, valued at $2,643,778.65. This represents a 19.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 17,839 shares of company stock valued at $2,056,315 over the last ninety days. 0.54% of the stock is currently owned by insiders.

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.