Diamond Hill Capital Management Inc. Lowers Holdings in Johnson Controls International plc $JCI

Diamond Hill Capital Management Inc. lessened its position in Johnson Controls International plc (NYSE:JCI) by 12.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 229,914 shares of the company’s stock after selling 31,799 shares during the period. Diamond Hill Capital Management Inc.’s holdings in Johnson Controls International were worth $25,279,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Johnson Controls International by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 69,365,463 shares of the company’s stock worth $7,326,380,000 after buying an additional 920,777 shares in the last quarter. State Street Corp lifted its holdings in Johnson Controls International by 2.5% in the second quarter. State Street Corp now owns 28,521,478 shares of the company’s stock valued at $3,022,673,000 after acquiring an additional 683,467 shares during the period. Franklin Resources Inc. boosted its position in shares of Johnson Controls International by 3.0% during the 2nd quarter. Franklin Resources Inc. now owns 23,223,902 shares of the company’s stock worth $2,452,909,000 after purchasing an additional 675,862 shares in the last quarter. Fisher Asset Management LLC grew its stake in shares of Johnson Controls International by 2.7% during the 2nd quarter. Fisher Asset Management LLC now owns 16,604,983 shares of the company’s stock worth $1,753,818,000 after purchasing an additional 430,437 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of Johnson Controls International by 0.8% in the second quarter. Geode Capital Management LLC now owns 14,285,011 shares of the company’s stock valued at $1,501,266,000 after purchasing an additional 120,078 shares during the period. 90.05% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on JCI shares. Barclays increased their target price on shares of Johnson Controls International from $125.00 to $136.00 and gave the company an “equal weight” rating in a report on Thursday. Wells Fargo & Company boosted their target price on Johnson Controls International from $135.00 to $145.00 and gave the stock an “overweight” rating in a research report on Thursday. Citigroup raised their price target on Johnson Controls International from $129.00 to $139.00 and gave the company a “neutral” rating in a research report on Thursday. The Goldman Sachs Group reiterated a “buy” rating and issued a $154.00 price objective on shares of Johnson Controls International in a research report on Thursday. Finally, Mizuho raised their price target on Johnson Controls International from $120.00 to $130.00 and gave the stock a “neutral” rating in a research report on Thursday. Eleven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $132.94.

Johnson Controls International Price Performance

Shares of Johnson Controls International stock opened at $137.67 on Friday. The business’s fifty day moving average price is $117.84 and its 200 day moving average price is $112.67. Johnson Controls International plc has a twelve month low of $68.03 and a twelve month high of $138.23. The company has a current ratio of 0.99, a quick ratio of 0.76 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $84.26 billion, a P/E ratio of 25.93, a PEG ratio of 1.59 and a beta of 1.43.

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 the consensus estimate of $0.84 by $0.05. The business had revenue of $5.80 billion for the quarter, compared to analyst estimates of $5.64 billion. Johnson Controls International had a return on equity of 17.15% and a net margin of 14.17%.The company’s revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.64 EPS. 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. As a group, research analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Dividend Announcement

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

Insider Activity

In other news, Director Mark Vergnano purchased 7,665 shares of the stock in a transaction that occurred on Thursday, February 5th. The stock was acquired at an average cost of $131.94 per share, with a total value of $1,011,320.10. Following the acquisition, the director owned 37,602 shares in the company, valued at approximately $4,961,207.88. This trade represents a 25.60% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Lei Zhang Schlitz sold 32,031 shares of the firm’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $113.20, for a total value of $3,625,909.20. Following the sale, the vice president owned 66,780 shares of the company’s stock, valued at $7,559,496. This represents a 32.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.29% of the company’s stock.

Key Stories Impacting Johnson Controls International

Here are the key news stories impacting Johnson Controls International this week:

• Positive Sentiment: Q1 beat and raised guidance — JCI reported $0.89 EPS vs. $0.84 expected and revenue above estimates; management set FY‑2026 EPS at $4.70 and Q2 at $1.11, which compressed uncertainty and underpins the rally. Earnings Beat Article
• Positive Sentiment: Record backlog and strong order growth — Company cited an ~ $18.2B backlog and double‑digit order growth, with data‑center and cooling projects boosting revenue visibility and margins. Backlog / Data‑Center Demand
• Positive Sentiment: Analyst support — Wells Fargo moved JCI to Overweight and raised its target (signals institutional confirmation of the beat and guidance). Wells Fargo Note
• Positive Sentiment: Insider buying — Director Mark Vergnano purchased 7,665 shares (~$1.01M), increasing his stake ~25.6%, a constructive vote of confidence after the quarter. SEC Filing
• Positive Sentiment: Heavy call‑option activity — Unusually large call buying (~19k calls) points to short‑term bullish positioning by traders (increases volatility but confirms bullish sentiment).
• Neutral Sentiment: Mizuho update — Mizuho raised its price target but kept a Neutral rating; this is mixed and less impactful than an outright upgrade. Mizuho Note
• Neutral Sentiment: Investor outreach — CFO presentations at Citi and Barclays conferences (Feb. 19) increase transparency and could extend the momentum if management provides bullish color. PR Newswire
• Negative Sentiment: Executive share sale disclosed — A large VP sale (~$6.08M) was reported recently; some investors view such sales as profit‑taking or rebalancing and it can temper sentiment. Insider Sale

Johnson Controls International Company 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.