Franklin Resources Inc. Reduces Stock Position in Johnson Controls International plc $JCI

Franklin Resources Inc. cut its holdings in Johnson Controls International plc (NYSE:JCI) by 5.5% during the third quarter, Holdings Channel reports. The institutional investor owned 21,936,860 shares of the company’s stock after selling 1,287,042 shares during the period. Franklin Resources Inc.’s holdings in Johnson Controls International were worth $2,411,958,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of JCI. Brighton Jones LLC acquired a new stake in shares of Johnson Controls International during the 4th quarter worth about $222,000. Acadian Asset Management LLC acquired a new position in Johnson Controls International in the first quarter valued at approximately $55,000. Sivia Capital Partners LLC increased its stake in Johnson Controls International by 83.3% in the second quarter. Sivia Capital Partners LLC now owns 7,049 shares of the company’s stock valued at $745,000 after purchasing an additional 3,203 shares during the last quarter. Penserra Capital Management LLC increased its stake in Johnson Controls International by 30.4% in the second quarter. Penserra Capital Management LLC now owns 4,249 shares of the company’s stock valued at $447,000 after purchasing an additional 990 shares during the last quarter. Finally, Fox Run Management L.L.C. acquired a new stake in Johnson Controls International during the second quarter worth approximately $562,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Johnson Controls International

In other news, VP Todd M. Grabowski sold 6,050 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $134.90, for a total value of $816,145.00. Following the completion of the sale, the vice president directly owned 34,836 shares of the company’s stock, valued at approximately $4,699,376.40. This represents a 14.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark Vergnano bought 7,665 shares of the firm’s stock in a transaction dated Thursday, February 5th. The shares were acquired at an average price of $131.94 per share, with a total value of $1,011,320.10. Following the purchase, the director directly owned 37,602 shares of the company’s stock, valued at approximately $4,961,207.88. This trade represents a 25.60% increase in their position. The SEC filing for this purchase provides additional information. 0.29% of the stock is currently owned by company insiders.

Johnson Controls International Price Performance

Shares of NYSE JCI opened at $134.07 on Wednesday. The stock has a market cap of $82.06 billion, a P/E ratio of 25.25, a P/E/G ratio of 1.50 and a beta of 1.38. Johnson Controls International plc has a twelve month low of $68.03 and a twelve month high of $146.49. The stock has a 50 day moving average of $127.76 and a two-hundred day moving average of $117.98. The company has a current ratio of 0.99, a quick ratio of 0.81 and a debt-to-equity ratio of 0.66.

Johnson Controls International (NYSE:JCI) last announced its earnings results on Wednesday, February 4th. The company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.05. Johnson Controls International had a net margin of 14.17% and a return on equity of 17.15%. The business had revenue of $5.80 billion for the quarter, compared to analysts’ expectations of $5.64 billion. During the same period in the previous year, the company posted $0.64 EPS. The company’s quarterly revenue was up 6.8% on a year-over-year basis. Johnson Controls International has set its FY 2026 guidance at 4.700-4.700 EPS and its Q2 2026 guidance at 1.110-1.110 EPS. On average, research analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Monday, March 16th will be paid a $0.40 dividend. The ex-dividend date is Monday, March 16th. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. Johnson Controls International’s payout ratio is currently 30.13%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Johnson Controls International from $138.00 to $158.00 and gave the stock an “overweight” rating in a research report on Friday, February 6th. Wolfe Research increased their target price on shares of Johnson Controls International from $149.00 to $161.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of Johnson Controls International in a research note on Thursday, January 22nd. Citigroup boosted their price target on shares of Johnson Controls International from $129.00 to $139.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Finally, Wall Street Zen upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Twelve 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, Johnson Controls International has a consensus rating of “Moderate Buy” and a consensus price target of $135.00.

Johnson Controls International Profile

Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.