IFP Advisors Inc Cuts Stock Holdings in Johnson Controls International plc $JCI

IFP Advisors Inc lowered its stake in shares of Johnson Controls International plc (NYSE:JCI) by 67.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,124 shares of the company’s stock after selling 10,473 shares during the quarter. IFP Advisors Inc’s holdings in Johnson Controls International were worth $565,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of JCI. Norges Bank purchased a new position in shares of Johnson Controls International in the 2nd quarter worth approximately $795,325,000. Viking Global Investors LP increased its position in shares of Johnson Controls International by 368.5% during the third quarter. Viking Global Investors LP now owns 6,796,942 shares of the company’s stock valued at $747,324,000 after acquiring an additional 5,346,130 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings 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 worth $483,281,000 after acquiring an additional 2,675,157 shares during the period. Nordea Investment Management AB lifted its holdings in Johnson Controls International by 1,545.8% during the third quarter. Nordea Investment Management AB now owns 2,134,324 shares of the company’s stock worth $232,705,000 after acquiring an additional 2,004,643 shares during the period. Finally, Adage Capital Partners GP L.L.C. boosted its position in Johnson Controls International by 179.9% in the second quarter. Adage Capital Partners GP L.L.C. now owns 1,686,361 shares of the company’s stock worth $178,113,000 after purchasing an additional 1,083,911 shares during the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on JCI shares. Melius Research set a $148.00 price objective on Johnson Controls International in a research note on Wednesday, January 7th. JPMorgan Chase & Co. boosted their price target on shares of Johnson Controls International from $138.00 to $158.00 and gave the stock an “overweight” rating in a report on Friday, February 6th. The Goldman Sachs Group restated a “buy” rating and set a $154.00 price target on shares of Johnson Controls International in a research report on Thursday, February 5th. Wolfe Research raised their price objective on shares of Johnson Controls International from $149.00 to $161.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Finally, Wall Street Zen raised shares of Johnson Controls International from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Twelve equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $135.53.

Johnson Controls International Stock Up 2.2%

Shares of NYSE JCI opened at $136.22 on Wednesday. The company has a quick ratio of 0.81, a current ratio of 0.99 and a debt-to-equity ratio of 0.66. The company has a market cap of $83.37 billion, a P/E ratio of 25.65, a P/E/G ratio of 1.51 and a beta of 1.38. Johnson Controls International plc has a 52 week low of $68.03 and a 52 week high of $146.49. The business has a 50-day simple moving average of $131.17 and a two-hundred day simple moving average of $119.78.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings results 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. Johnson Controls International had a return on equity of 17.15% and a net margin of 14.17%.The firm had revenue of $5.80 billion for the quarter, compared to analysts’ expectations of $5.64 billion. During the same period in the prior year, the business posted $0.64 earnings per share. The company’s 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. Research analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Monday, March 16th will be paid a $0.40 dividend. The ex-dividend date is Monday, March 16th. This represents a $1.60 annualized dividend and a yield of 1.2%. Johnson Controls International’s dividend payout ratio is currently 30.13%.

Insider Buying and Selling at Johnson Controls International

In related news, VP Todd M. Grabowski sold 6,050 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $134.90, for a total value of $816,145.00. Following the sale, the vice president owned 34,836 shares in the company, valued at approximately $4,699,376.40. This trade represents a 14.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Daniel C. Mcconeghy sold 3,600 shares of Johnson Controls International stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $142.56, for a total value of $513,216.00. Following the sale, the vice president directly owned 24,273 shares of the company’s stock, valued at $3,460,358.88. This represents a 12.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.29% of the company’s stock.

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.