Varma Mutual Pension Insurance Co Sells 28,600 Shares of Johnson Controls International plc $JCI

Varma Mutual Pension Insurance Co decreased its holdings in Johnson Controls International plc (NYSE:JCI) by 22.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 96,906 shares of the company’s stock after selling 28,600 shares during the quarter. Varma Mutual Pension Insurance Co’s holdings in Johnson Controls International were worth $10,655,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in JCI. Norges Bank purchased a new stake in Johnson Controls International in the second quarter worth approximately $795,325,000. Ameriprise Financial Inc. increased its position in Johnson Controls International by 140.8% during the second quarter. Ameriprise Financial Inc. now owns 4,575,414 shares of the company’s stock valued at $483,281,000 after acquiring an additional 2,675,157 shares during the last quarter. Nordea Investment Management AB lifted its holdings in Johnson Controls International by 1,545.8% in the third quarter. Nordea Investment Management AB now owns 2,134,324 shares of the company’s stock valued at $232,705,000 after acquiring an additional 2,004,643 shares during the period. Jennison Associates LLC grew its stake in shares of Johnson Controls International by 232.4% during the 2nd quarter. Jennison Associates LLC now owns 2,124,125 shares of the company’s stock valued at $224,350,000 after purchasing an additional 1,485,007 shares during the period. Finally, Viking Global Investors LP bought a new position in shares of Johnson Controls International in the 2nd quarter worth approximately $153,235,000. 90.05% of the stock is currently owned by institutional investors.

Insider Activity

In other Johnson Controls International news, VP Todd M. Grabowski sold 6,050 shares of Johnson Controls International stock in a transaction on Friday, February 6th. The shares were sold at an average price of $134.90, for a total transaction of $816,145.00. Following the completion of the transaction, the vice president directly owned 34,836 shares of the company’s stock, valued at $4,699,376.40. The trade was a 14.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark Vergnano bought 7,665 shares of Johnson Controls International stock in a transaction dated Thursday, February 5th. The stock was purchased at an average cost of $131.94 per share, for a total transaction of $1,011,320.10. Following the purchase, the director 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 disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on JCI shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Johnson Controls International in a research report on Thursday, January 22nd. Wells Fargo & Company lifted their price objective on Johnson Controls International from $135.00 to $145.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. The Goldman Sachs Group reiterated a “buy” rating and issued a $154.00 price target on shares of Johnson Controls International in a research report on Thursday, February 5th. HSBC raised their price target on Johnson Controls International from $79.00 to $127.00 and gave the company a “hold” rating in a report on Monday, November 24th. Finally, Robert W. Baird set a $132.00 price target on Johnson Controls International in a report on Thursday, February 5th. Twelve research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $133.84.

Johnson Controls International Trading Up 0.4%

Shares of JCI opened at $139.09 on Friday. The stock has a market capitalization of $85.13 billion, a PE ratio of 26.19, a P/E/G ratio of 1.56 and a beta of 1.43. The company’s fifty day moving average is $120.31 and its 200 day moving average is $113.64. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.81 and a current ratio of 0.99. Johnson Controls International plc has a fifty-two week low of $68.03 and a fifty-two week high of $143.17.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Wednesday, February 4th. The company reported $0.89 earnings per share for the quarter, topping 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 firm had revenue of $5.80 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same period in the previous year, the firm posted $0.64 EPS. The business’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. Sell-side analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Monday, December 22nd were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Monday, December 22nd. Johnson Controls International’s dividend payout ratio (DPR) is presently 30.13%.

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.