Jennison Associates LLC Sells 83,291 Shares of Johnson Controls International plc $JCI

Jennison Associates LLC lowered its stake in shares of Johnson Controls International plc (NYSE:JCI) by 3.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,040,834 shares of the company’s stock after selling 83,291 shares during the quarter. Jennison Associates LLC’s holdings in Johnson Controls International were worth $224,390,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Caitong International Asset Management Co. Ltd bought a new position in Johnson Controls International in the second quarter valued at about $28,000. MTM Investment Management LLC acquired a new position in shares of Johnson Controls International in the 2nd quarter valued at about $32,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Johnson Controls International during the 2nd quarter worth approximately $34,000. Hilltop National Bank bought a new stake in Johnson Controls International in the second quarter valued at $35,000. Finally, NewSquare Capital LLC boosted its holdings in Johnson Controls International by 88.1% in the second quarter. NewSquare Capital LLC now owns 380 shares of the company’s stock worth $40,000 after acquiring an additional 178 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Price Performance

JCI opened at $113.57 on Friday. Johnson Controls International plc has a 52-week low of $68.03 and a 52-week high of $124.07. The stock has a market capitalization of $69.52 billion, a P/E ratio of 22.31, a P/E/G ratio of 1.38 and a beta of 1.41. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.76 and a current ratio of 0.93. The company’s 50-day simple moving average is $116.14 and its two-hundred day simple moving average is $111.49.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $1.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.06. The firm had revenue of $6.44 billion for the quarter, compared to analysts’ expectations of $6.31 billion. Johnson Controls International had a return on equity of 15.35% and a net margin of 13.95%.The business’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.28 EPS. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS and its Q1 2026 guidance at 0.830-0.83 EPS. As a group, analysts predict that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.4%. The ex-dividend date was Monday, December 22nd. Johnson Controls International’s payout ratio is presently 31.43%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on JCI. Wells Fargo & Company boosted their price objective on Johnson Controls International from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. Citigroup upped their price objective on Johnson Controls International from $112.00 to $119.00 and gave the company a “neutral” rating in a research note on Thursday, October 9th. Melius Research set a $148.00 target price on Johnson Controls International in a research note on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft boosted their price objective on Johnson Controls International from $124.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Finally, Royal Bank Of Canada lifted their price target on Johnson Controls International from $116.00 to $135.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 6th. Eleven analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $126.11.

Insider Activity at Johnson Controls International

In related news, VP Lei Zhang Schlitz sold 32,031 shares of the stock in a transaction on Friday, November 21st. The stock was sold at an average price of $113.20, for a total value of $3,625,909.20. Following the completion of the transaction, the vice president directly owned 66,780 shares of the company’s stock, valued at approximately $7,559,496. This represents a 32.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.54% of the stock is owned by insiders.

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.