15,887 Shares in Johnson Controls International plc $JCI Bought by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI acquired a new position in shares of Johnson Controls International plc (NYSE:JCI) in the 2nd quarter, HoldingsChannel reports. The fund acquired 15,887 shares of the company’s stock, valued at approximately $1,678,000.

Several other large investors have also modified their holdings of JCI. Nuveen LLC bought a new stake in Johnson Controls International in the 1st quarter valued at $219,110,000. AQR Capital Management LLC boosted its holdings in Johnson Controls International by 747.6% in the 1st quarter. AQR Capital Management LLC now owns 2,034,060 shares of the company’s stock valued at $159,186,000 after purchasing an additional 1,794,089 shares during the period. Alkeon Capital Management LLC bought a new stake in Johnson Controls International in the 1st quarter valued at $112,154,000. Voya Investment Management LLC boosted its holdings in Johnson Controls International by 637.1% in the 1st quarter. Voya Investment Management LLC now owns 1,567,576 shares of the company’s stock valued at $125,578,000 after purchasing an additional 1,354,912 shares during the period. Finally, Valeo Financial Advisors LLC boosted its holdings in Johnson Controls International by 16,575.7% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,275,357 shares of the company’s stock valued at $134,703,000 after purchasing an additional 1,267,709 shares during the period. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Price Performance

NYSE:JCI opened at $105.62 on Friday. The company has a 50-day moving average of $106.96 and a 200-day moving average of $99.15. The company has a market capitalization of $69.12 billion, a price-to-earnings ratio of 31.34, a PEG ratio of 1.62 and a beta of 1.33. Johnson Controls International plc has a 52 week low of $68.03 and a 52 week high of $112.63. 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 (NYSE:JCI) last released its quarterly earnings data on Tuesday, July 29th. The company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.06. The company had revenue of $6.05 billion during the quarter, compared to the consensus estimate of $5.99 billion. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. Johnson Controls International has set its FY 2025 guidance at 3.650-3.680 EPS. Q4 2025 guidance at 1.140-1.170 EPS. As a group, equities research analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Monday, September 22nd will be given a dividend of $0.40 per share. This is an increase from Johnson Controls International’s previous quarterly dividend of $0.37. The ex-dividend date is Monday, September 22nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.5%. Johnson Controls International’s dividend payout ratio is 47.48%.

Johnson Controls International announced that its board has authorized a stock repurchase plan on Friday, June 13th that authorizes the company to repurchase $9.00 billion in shares. This repurchase authorization authorizes the company to reacquire up to 13.4% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on JCI. The Goldman Sachs Group increased their price target on shares of Johnson Controls International from $119.00 to $124.00 and gave the company a “buy” rating in a report on Monday, September 15th. Weiss Ratings reissued a “buy (b)” rating on shares of Johnson Controls International in a report on Wednesday. Citigroup increased their price target on shares of Johnson Controls International from $112.00 to $119.00 and gave the company a “neutral” rating in a report on Thursday. Morgan Stanley increased their price target on shares of Johnson Controls International from $115.00 to $125.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Finally, Oppenheimer downgraded shares of Johnson Controls International from an “outperform” rating to a “market perform” rating in a report on Friday, June 20th. Ten equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $109.39.

Insider Transactions at Johnson Controls International

In related news, VP Daniel C. Mcconeghy sold 5,917 shares of the stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total transaction 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 trade represents a 19.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total transaction of $149,395.32. Following the sale, the vice president owned 139,459 shares of the company’s stock, valued at $14,651,562.54. This trade represents a 1.01% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,761 shares of company stock valued at $922,447 in the last quarter. 0.54% of the stock is currently owned by corporate insiders.

Johnson Controls International 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.