Gabelli Funds LLC Sells 14,444 Shares of Johnson Controls International plc $JCI

Gabelli Funds LLC reduced its stake in Johnson Controls International plc (NYSE:JCI) by 3.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 376,160 shares of the company’s stock after selling 14,444 shares during the quarter. Gabelli Funds LLC’s holdings in Johnson Controls International were worth $39,730,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Jump Financial LLC lifted its position in Johnson Controls International by 3.5% during the 2nd quarter. Jump Financial LLC now owns 12,578 shares of the company’s stock worth $1,328,000 after buying an additional 425 shares in the last quarter. Oribel Capital Management LP bought a new stake in Johnson Controls International during the second quarter worth about $77,483,000. Avestar Capital LLC boosted its position in Johnson Controls International by 42.8% during the second quarter. Avestar Capital LLC now owns 8,421 shares of the company’s stock valued at $889,000 after purchasing an additional 2,525 shares during the last quarter. Tema Etfs LLC acquired a new position in Johnson Controls International during the second quarter valued at approximately $3,814,000. Finally, Amundi grew its stake in Johnson Controls International by 6.4% in the second quarter. Amundi now owns 5,034,560 shares of the company’s stock valued at $520,263,000 after purchasing an additional 303,183 shares in the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Johnson Controls International in a research report on Wednesday, October 8th. JPMorgan Chase & Co. upped 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. Morgan Stanley lifted their price objective on shares of Johnson Controls International from $115.00 to $125.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Citigroup upped their price objective on shares of Johnson Controls International from $112.00 to $119.00 and gave the stock a “neutral” rating in a research report on Thursday, October 9th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Johnson Controls International from $124.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Ten equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $121.32.

Insiders Place Their Bets

In other news, VP Lei Zhang Schlitz sold 32,031 shares of Johnson Controls International stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $113.20, for a total value of $3,625,909.20. Following the completion of the transaction, the vice president owned 66,780 shares in the company, valued at $7,559,496. This trade represents a 32.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is owned by corporate insiders.

Johnson Controls International Trading Up 0.0%

JCI opened at $114.22 on Friday. Johnson Controls International plc has a fifty-two week low of $68.03 and a fifty-two week high of $123.78. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.93 and a quick ratio of 0.76. The company’s 50-day moving average is $113.31 and its 200 day moving average is $108.14. The firm has a market capitalization of $69.80 billion, a PE ratio of 22.44, a P/E/G ratio of 1.37 and a beta of 1.41.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Wednesday, November 5th. The company reported $1.26 earnings per share 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 analysts’ expectations of $6.31 billion. Johnson Controls International had a net margin of 13.95% and a return on equity of 15.35%. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.28 earnings per share. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS and its Q1 2026 guidance at 0.830-0.83 EPS. As a group, research analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Monday, December 22nd will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, December 22nd. This represents a $1.60 annualized dividend and a yield of 1.4%. Johnson Controls International’s dividend payout ratio is 31.43%.

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.