First National Bank & Trust Co. of Newtown Buys New Holdings in Johnson Controls International plc $JCI

First National Bank & Trust Co. of Newtown acquired a new position in Johnson Controls International plc (NYSE:JCI) during the second quarter, HoldingsChannel reports. The institutional investor acquired 2,335 shares of the company’s stock, valued at approximately $247,000.

A number of other large investors have also recently made changes to their positions in JCI. Nuveen LLC bought a new stake in shares of Johnson Controls International in the 1st quarter worth about $219,110,000. AQR Capital Management LLC increased its stake in Johnson Controls International by 747.6% during the first quarter. AQR Capital Management LLC now owns 2,034,060 shares of the company’s stock worth $159,186,000 after acquiring an additional 1,794,089 shares during the last quarter. Alkeon Capital Management LLC bought a new stake in Johnson Controls International during the first quarter worth approximately $112,154,000. Voya Investment Management LLC increased its stake in Johnson Controls International by 637.1% during the first quarter. Voya Investment Management LLC now owns 1,567,576 shares of the company’s stock worth $125,578,000 after acquiring an additional 1,354,912 shares during the last quarter. Finally, Amundi increased its position in shares of Johnson Controls International by 22.2% during the 1st quarter. Amundi now owns 4,731,377 shares of the company’s stock valued at $366,412,000 after purchasing an additional 860,899 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 5,917 shares of the firm’s 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 of the company’s stock, valued at $2,643,778.65. This trade represents a 19.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction dated Tuesday, September 2nd. The shares were 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. Insiders sold 8,761 shares of company stock valued at $922,447 over the last quarter. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Stock Performance

Shares of NYSE JCI opened at $108.92 on Thursday. The company has a 50 day simple moving average of $106.87 and a two-hundred day simple moving average of $97.93. The stock has a market cap of $71.28 billion, a price-to-earnings ratio of 32.32, a PEG ratio of 1.96 and a beta of 1.33. Johnson Controls International plc has a 12 month low of $68.03 and a 12 month high of $112.63. The company has a current ratio of 0.96, a quick ratio of 0.81 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.99 by $0.06. The business 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, analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International announced that its Board of Directors has authorized a share buyback plan on Friday, June 13th that permits the company to repurchase $9.00 billion in shares. This repurchase authorization permits the company to purchase up to 13.4% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Johnson Controls International Increases Dividend

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

Analyst Ratings Changes

A number of research analysts have recently commented on JCI shares. Wolfe Research upped their price target 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. Barclays increased their price objective on Johnson Controls International from $100.00 to $101.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 30th. Robert W. Baird increased their target price on Johnson Controls International from $90.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, July 17th. Zacks Research upgraded shares of Johnson Controls International to a “hold” rating in a research note on Monday, August 11th. Finally, Morgan Stanley raised their target price on shares of Johnson Controls International from $115.00 to $125.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Nine equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $108.28.

Johnson Controls International Company 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.