Davis Selected Advisers Has $25.91 Million Stock Position in Johnson Controls International plc $JCI

Davis Selected Advisers cut its position in Johnson Controls International plc (NYSE:JCI) by 39.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 245,323 shares of the company’s stock after selling 158,841 shares during the period. Davis Selected Advisers’ holdings in Johnson Controls International were worth $25,911,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of JCI. Truvestments Capital LLC grew its position in Johnson Controls International by 425.0% during the 1st quarter. Truvestments Capital LLC now owns 315 shares of the company’s stock worth $25,000 after acquiring an additional 255 shares during the last quarter. Accent Capital Management LLC bought a new position in Johnson Controls International in the 1st quarter valued at $26,000. Caitong International Asset Management Co. Ltd acquired a new position in Johnson Controls International in the second quarter worth $28,000. Activest Wealth Management grew its holdings in shares of Johnson Controls International by 56.4% during the first quarter. Activest Wealth Management now owns 369 shares of the company’s stock worth $30,000 after purchasing an additional 133 shares during the last quarter. Finally, Hilltop National Bank acquired a new stake in shares of Johnson Controls International in the second quarter valued at $35,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Stock Down 2.1%

NYSE:JCI opened at $120.03 on Friday. Johnson Controls International plc has a 12-month low of $68.03 and a 12-month high of $123.78. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $78.54 billion, a P/E ratio of 35.62, a P/E/G ratio of 1.70 and a beta of 1.36. The stock’s fifty day simple moving average is $110.86 and its 200-day simple moving average is $105.38.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Wednesday, November 5th. The company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.06. Johnson Controls International had a return on equity of 14.71% and a net margin of 9.53%.The business had revenue of $6.44 billion during the quarter, compared to the consensus estimate of $6.31 billion. During the same quarter in the prior year, the company posted $1.28 earnings per share. The firm’s revenue was up 3.1% on a year-over-year basis. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS. Q1 2026 guidance at 0.830-0.83 EPS. Equities research analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Monday, September 22nd were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Monday, September 22nd. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s payout ratio is 31.43%.

Wall Street Analyst Weigh In

A number of brokerages have commented on JCI. Wolfe Research increased their price objective on shares of Johnson Controls International from $132.00 to $133.00 and gave the stock an “outperform” rating in a report on Friday, September 12th. UBS Group reissued a “buy” rating and set a $124.00 price target on shares of Johnson Controls International in a research note on Thursday, November 6th. Robert W. Baird boosted their price objective 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. JPMorgan Chase & Co. upped their price objective on Johnson Controls International from $105.00 to $125.00 and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $120.00 target price on shares of Johnson Controls International in a research note on Thursday, July 24th. Ten analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $120.72.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, VP Nathan D. Manning sold 1,422 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total value of $149,395.32. Following the completion of 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the stock in a transaction on Wednesday, September 3rd. The stock was 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 approximately $2,643,778.65. This trade represents a 19.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 17,839 shares of company stock worth $2,056,315. 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.