Securian Asset Management Inc. Sells 656 Shares of Johnson Controls International plc $JCI

Securian Asset Management Inc. decreased its position in Johnson Controls International plc (NYSE:JCI) by 1.9% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 34,312 shares of the company’s stock after selling 656 shares during the period. Securian Asset Management Inc.’s holdings in Johnson Controls International were worth $3,624,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of JCI. Nuveen LLC bought a new stake in Johnson Controls International in the 1st quarter valued at approximately $219,110,000. AQR Capital Management LLC lifted its stake in Johnson Controls International by 747.6% in the 1st quarter. AQR Capital Management LLC now owns 2,034,060 shares of the company’s stock valued at $159,186,000 after acquiring an additional 1,794,089 shares in the last quarter. Alkeon Capital Management LLC bought a new stake in Johnson Controls International in the 1st quarter valued at approximately $112,154,000. Voya Investment Management LLC lifted its stake in Johnson Controls International by 637.1% in the 1st quarter. Voya Investment Management LLC now owns 1,567,576 shares of the company’s stock valued at $125,578,000 after acquiring an additional 1,354,912 shares in the last quarter. Finally, Valeo Financial Advisors LLC lifted its stake in Johnson Controls International by 16,575.7% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,275,357 shares of the company’s stock valued at $134,703,000 after acquiring an additional 1,267,709 shares in the last quarter. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Up 0.6%

JCI opened at $111.26 on Wednesday. Johnson Controls International plc has a 1-year low of $68.03 and a 1-year high of $112.63. The stock’s fifty day simple moving average is $107.50 and its 200 day simple moving average is $100.72. The company has a current ratio of 0.96, a quick ratio of 0.81 and a debt-to-equity ratio of 0.50. The stock has a market cap of $72.81 billion, a PE ratio of 33.01, a price-to-earnings-growth ratio of 1.66 and a beta of 1.33.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 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 $6.05 billion for the quarter, compared to analysts’ expectations of $5.99 billion. 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, 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 firm also recently declared a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Monday, September 22nd were paid a $0.40 dividend. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.37. The ex-dividend date was Monday, September 22nd. This represents a $1.60 dividend on an annualized basis and a yield of 1.4%. Johnson Controls International’s dividend payout ratio (DPR) is currently 47.48%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on JCI shares. 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 research note on Wednesday, October 15th. The Goldman Sachs Group upped their price objective on Johnson Controls International from $119.00 to $124.00 and gave the stock a “buy” rating in a research note on Monday, September 15th. Deutsche Bank Aktiengesellschaft upped their price objective on Johnson Controls International from $124.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. Morgan Stanley upped their price objective on Johnson Controls International from $115.00 to $125.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Finally, Wolfe Research upped their price objective on Johnson Controls International from $132.00 to $133.00 and gave the stock an “outperform” rating in a research note on Friday, September 12th. Ten equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $113.41.

Insiders Place Their Bets

In related news, 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 value of $625,604.41. Following the sale, the vice president owned 25,005 shares in the company, valued at approximately $2,643,778.65. This represents a 19.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total value of $149,395.32. Following the transaction, the vice president owned 139,459 shares in the company, valued at $14,651,562.54. The trade was a 1.01% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 8,761 shares of company stock worth $922,447. 0.54% of the stock is owned by company insiders.

Johnson Controls International 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.