Trek Financial LLC Makes New Investment in Johnson Controls International plc $JCI

Trek Financial LLC purchased a new position in shares of Johnson Controls International plc (NYSE:JCI) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 31,712 shares of the company’s stock, valued at approximately $3,349,000.

Several other institutional investors and hedge funds have also recently modified their holdings of JCI. Vanguard Group Inc. boosted its holdings in Johnson Controls International by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 69,365,463 shares of the company’s stock valued at $7,326,380,000 after acquiring an additional 920,777 shares during the period. Franklin Resources Inc. boosted its position in Johnson Controls International by 3.0% in the 2nd quarter. Franklin Resources Inc. now owns 23,223,902 shares of the company’s stock valued at $2,452,909,000 after buying an additional 675,862 shares during the period. Fisher Asset Management LLC grew its stake in shares of Johnson Controls International by 2.7% in the second quarter. Fisher Asset Management LLC now owns 16,604,983 shares of the company’s stock worth $1,753,818,000 after acquiring an additional 430,437 shares in the last quarter. Geode Capital Management LLC raised 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 acquiring an additional 120,078 shares in the last quarter. Finally, Norges Bank purchased a new position in Johnson Controls International in the second quarter valued at $795,325,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Zacks Research upgraded Johnson Controls International to a “hold” rating in a report on Monday, August 11th. HSBC upped their target price on shares of Johnson Controls International from $79.00 to $127.00 and gave the stock a “hold” rating in a research note on Monday, November 24th. Weiss Ratings reiterated a “buy (b)” rating on shares of Johnson Controls International in a research note on Wednesday, October 8th. Citigroup increased their price objective on shares of Johnson Controls International from $112.00 to $119.00 and gave the company a “neutral” rating in a research report on Thursday, October 9th. Finally, Barclays lifted their price objective on shares of Johnson Controls International from $101.00 to $119.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 6th. Ten investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $121.32.

Insider Activity

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 32,031 shares of Johnson Controls International stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $113.20, for a total transaction of $3,625,909.20. Following the transaction, the vice president owned 66,780 shares of the company’s stock, valued at $7,559,496. The trade was a 32.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.54% of the stock is currently owned by company insiders.

Johnson Controls International Stock Up 0.3%

Shares of NYSE:JCI opened at $115.32 on Wednesday. The firm has a 50 day simple moving average of $112.84 and a 200-day simple moving average of $107.86. Johnson Controls International plc has a twelve month low of $68.03 and a twelve month high of $123.78. 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 company has a market capitalization of $70.48 billion, a PE ratio of 34.22, a P/E/G ratio of 1.70 and a beta of 1.41.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.20 by $0.06. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. The firm had revenue of $6.44 billion for the quarter, compared to analyst estimates of $6.31 billion. During the same period last year, the business earned $1.28 EPS. Johnson Controls International’s revenue for the quarter was up 3.1% compared to the same quarter last year. 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. On average, equities analysts predict that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Monday, September 22nd were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, September 22nd. This is an increase from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s dividend payout ratio (DPR) is presently 31.43%.

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.