GRIMES & Co WEALTH MANAGEMENT LLC raised its holdings in Johnson Controls International plc (NYSE:JCI – Free Report) by 28.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,385 shares of the company’s stock after acquiring an additional 4,338 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in Johnson Controls International were worth $2,321,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of JCI. Nordea Investment Management AB raised its holdings in shares of Johnson Controls International by 1,545.8% during the 3rd quarter. Nordea Investment Management AB now owns 2,134,324 shares of the company’s stock valued at $232,705,000 after buying an additional 2,004,643 shares in the last quarter. Regents Gate Capital LLP raised its holdings in shares of Johnson Controls International by 17.4% during the 3rd quarter. Regents Gate Capital LLP now owns 86,144 shares of the company’s stock valued at $9,472,000 after buying an additional 12,774 shares in the last quarter. MGO One Seven LLC raised its holdings in shares of Johnson Controls International by 573.4% during the 3rd quarter. MGO One Seven LLC now owns 62,624 shares of the company’s stock valued at $6,886,000 after buying an additional 53,325 shares in the last quarter. Bright Futures Wealth Management LLC. purchased a new position in shares of Johnson Controls International during the 3rd quarter valued at about $583,000. Finally, Elo Mutual Pension Insurance Co raised its holdings in shares of Johnson Controls International by 23.7% during the 3rd quarter. Elo Mutual Pension Insurance Co now owns 75,021 shares of the company’s stock valued at $8,249,000 after buying an additional 14,354 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on JCI. Rothschild & Co Redburn raised their price objective on Johnson Controls International from $137.00 to $150.00 and gave the company a “buy” rating in a report on Monday, February 9th. Robert W. Baird raised their price objective on Johnson Controls International from $132.00 to $148.00 and gave the company a “neutral” rating in a report on Monday, April 27th. JPMorgan Chase & Co. raised their price objective on Johnson Controls International from $158.00 to $162.00 in a report on Thursday. Wall Street Zen raised Johnson Controls International from a “hold” rating to a “buy” rating in a report on Sunday, May 3rd. Finally, The Goldman Sachs Group raised their price target on Johnson Controls International from $154.00 to $158.00 and gave the stock a “buy” rating in a research report on Tuesday, April 7th. Eleven analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Johnson Controls International currently has a consensus rating of “Hold” and an average target price of $147.63.
Insider Buying and Selling at Johnson Controls International
In other news, VP Daniel C. Mcconeghy sold 3,600 shares of Johnson Controls International stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $142.56, for a total value of $513,216.00. Following the sale, the vice president directly owned 24,273 shares in the company, valued at approximately $3,460,358.88. This trade represents a 12.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.29% of the company’s stock.
Key Johnson Controls International News
Here are the key news stories impacting Johnson Controls International this week:
- Positive Sentiment: JPMorgan raised its price target on Johnson Controls International to $162 from $158, implying further upside from current levels. JPMorgan adjusts price target on Johnson Controls International to 162 from 158
- Positive Sentiment: UBS lifted its target to $170 from $160 and reiterated a buy rating, reflecting strong confidence in Johnson Controls’ post-earnings outlook. Johnson Controls price target update from UBS
- Positive Sentiment: Wells Fargo raised its target to $160 from $145 and kept an overweight rating, adding to the positive analyst momentum around the stock. Johnson Controls price target update from Wells Fargo
- Positive Sentiment: Analysts boosted forecasts after Johnson Controls posted upbeat Q2 results, with reports highlighting strong earnings and sales growth alongside a raised full-year outlook. Johnson Controls Analysts Boost Their Forecasts Following Upbeat Q2 Results
- Positive Sentiment: Seeking Alpha published a bullish take emphasizing Johnson Controls’ strong backlog and pricing power, reinforcing the case for continued margin support. Johnson Controls: Strong Backlog And Pricing Power Support Buy Rating
- Neutral Sentiment: HSBC also raised its price target to $136 from $127, but that level is still below the current share price, making the revision less supportive than other updates. HSBC adjusts price target on Johnson Controls International to 136 from 127
- Neutral Sentiment: Mizuho raised its target to $140 from $130 while keeping a neutral rating, suggesting limited near-term upside at current valuation. Mizuho raises target on Johnson Controls International
Johnson Controls International Price Performance
Shares of JCI stock opened at $139.40 on Friday. The firm has a market cap of $85.05 billion, a P/E ratio of 24.94, a P/E/G ratio of 1.54 and a beta of 1.37. Johnson Controls International plc has a fifty-two week low of $90.91 and a fifty-two week high of $147.32. The business’s 50 day moving average price is $137.47 and its 200-day moving average price is $126.21. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.81 and a current ratio of 1.04.
Johnson Controls International (NYSE:JCI – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $0.07. The firm had revenue of $6.14 billion for the quarter, compared to analyst estimates of $6.08 billion. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%.The business’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period last year, the company earned $0.82 EPS. Johnson Controls International has set its Q3 2026 guidance at 1.280-1.280 EPS and its FY 2026 guidance at 4.850-4.850 EPS. On average, equities research analysts anticipate that Johnson Controls International plc will post 4.86 earnings per share for the current year.
Johnson Controls International Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Monday, March 16th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Monday, March 16th. Johnson Controls International’s dividend payout ratio (DPR) is currently 30.13%.
About Johnson Controls International
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.
Further Reading
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