IFP Advisors Inc Cuts Stock Holdings in Johnson Controls International plc $JCI

IFP Advisors Inc reduced its stake in Johnson Controls International plc (NYSE:JCI) by 67.1% during the third quarter, HoldingsChannel reports. The firm owned 5,124 shares of the company’s stock after selling 10,473 shares during the period. IFP Advisors Inc’s holdings in Johnson Controls International were worth $565,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Swiss Life Asset Management Ltd raised its position in shares of Johnson Controls International by 10.5% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 163,284 shares of the company’s stock valued at $17,953,000 after buying an additional 15,572 shares in the last quarter. Steadtrust LLC lifted its holdings in shares of Johnson Controls International by 4.3% during the 3rd quarter. Steadtrust LLC now owns 2,451 shares of the company’s stock worth $269,000 after acquiring an additional 101 shares during the last quarter. Investment Research Partners LLC purchased a new position in Johnson Controls International in the third quarter worth $266,000. CIBC Private Wealth Group LLC grew its position in Johnson Controls International by 1.3% in the third quarter. CIBC Private Wealth Group LLC now owns 70,576 shares of the company’s stock worth $7,760,000 after acquiring an additional 900 shares in the last quarter. Finally, CIBC Bancorp USA Inc. bought a new position in Johnson Controls International in the third quarter valued at $9,941,000. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Price Performance

Shares of Johnson Controls International stock opened at $136.22 on Wednesday. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.99 and a quick ratio of 0.81. Johnson Controls International plc has a one year low of $68.03 and a one year high of $146.49. The business’s 50 day simple moving average is $131.17 and its two-hundred day simple moving average is $119.78. The stock has a market capitalization of $83.37 billion, a P/E ratio of 25.65, a price-to-earnings-growth ratio of 1.51 and a beta of 1.38.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Wednesday, February 4th. The company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.05. Johnson Controls International had a return on equity of 17.15% and a net margin of 14.17%.The firm had revenue of $5.80 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same quarter in the prior year, the firm posted $0.64 earnings per share. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. 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. Analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Monday, March 16th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.60 annualized dividend and a yield of 1.2%. Johnson Controls International’s dividend payout ratio is presently 30.13%.

Insiders Place Their Bets

In related news, VP Todd M. Grabowski sold 6,050 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $134.90, for a total value of $816,145.00. Following the sale, the vice president directly owned 34,836 shares of the company’s stock, valued at $4,699,376.40. This trade represents a 14.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Daniel C. Mcconeghy sold 3,600 shares of the business’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $142.56, for a total value of $513,216.00. Following the transaction, the vice president owned 24,273 shares in the company, valued at approximately $3,460,358.88. This represents a 12.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on JCI shares. Melius Research set a $148.00 price target on Johnson Controls International in a research report on Wednesday, January 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Johnson Controls International in a report on Thursday, January 22nd. The Goldman Sachs Group reiterated a “buy” rating and set a $154.00 price objective on shares of Johnson Controls International in a research report on Thursday, February 5th. Citigroup raised their price objective on Johnson Controls International from $129.00 to $139.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Finally, JPMorgan Chase & Co. boosted their target price on Johnson Controls International from $138.00 to $158.00 and gave the stock an “overweight” rating in a research report on Friday, February 6th. Twelve investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, Johnson Controls International currently has a consensus rating of “Moderate Buy” and an average price target of $135.53.

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.