Atlatl Advisers LLC Acquires 885 Shares of Johnson Controls International plc $JCI

Atlatl Advisers LLC boosted its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 19.0% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 5,534 shares of the company’s stock after buying an additional 885 shares during the period. Atlatl Advisers LLC’s holdings in Johnson Controls International were worth $585,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Topsail Wealth Management LLC bought a new stake in Johnson Controls International during the second quarter valued at $231,000. Interchange Capital Partners LLC purchased a new position in Johnson Controls International in the second quarter worth $219,000. Brighton Jones LLC grew its position in Johnson Controls International by 207.1% in the second quarter. Brighton Jones LLC now owns 12,239 shares of the company’s stock worth $1,293,000 after acquiring an additional 8,254 shares in the last quarter. Kornitzer Capital Management Inc. KS purchased a new position in Johnson Controls International in the second quarter worth $217,000. Finally, Leavell Investment Management Inc. purchased a new position in Johnson Controls International in the second quarter worth $275,000. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

NYSE JCI opened at $113.04 on Friday. The company has a 50-day simple moving average of $107.85 and a two-hundred day simple moving average of $101.54. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a 12-month low of $68.03 and a 12-month high of $113.38. The firm has a market cap of $73.97 billion, a price-to-earnings ratio of 33.54, a PEG ratio of 1.69 and a beta of 1.33.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.06. The business had revenue of $6.05 billion during the quarter, compared to analyst estimates 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. On average, equities analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Monday, September 22nd were issued a dividend of $0.40 per share. This is an increase from Johnson Controls International’s previous quarterly dividend of $0.37. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Monday, September 22nd. Johnson Controls International’s dividend payout ratio (DPR) is currently 47.48%.

Analyst Ratings Changes

Several research analysts recently issued reports on JCI shares. Citigroup upped their target price on shares of Johnson Controls International from $112.00 to $119.00 and gave the stock a “neutral” rating in a research report on Thursday, October 9th. Weiss Ratings reiterated a “buy (b)” rating on shares of Johnson Controls International in a research report on Saturday. Zacks Research upgraded shares of Johnson Controls International to a “hold” rating in a research report on Monday, August 11th. Robert W. Baird upped their target price on shares of Johnson Controls International from $110.00 to $115.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 14th. Finally, The Goldman Sachs Group upped their target price on shares of Johnson Controls International from $119.00 to $124.00 and gave the stock a “buy” rating in a research report on Monday, September 15th. Ten research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, Johnson Controls International currently has an average rating of “Moderate Buy” and a consensus target price of $113.41.

Insider Transactions at Johnson Controls International

In other 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 directly owned 25,005 shares in the company, valued at approximately $2,643,778.65. This represents a 19.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 approximately $14,651,562.54. This represents a 1.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 8,761 shares of company stock valued at $922,447. 0.54% of the stock is currently owned by company insiders.

About Johnson Controls International

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.