Trifecta Capital Advisors LLC Purchases 4,000 Shares of Johnson Controls International plc $JCI

Trifecta Capital Advisors LLC grew its position in shares of Johnson Controls International plc (NYSE:JCI) by 2,072.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,193 shares of the company’s stock after purchasing an additional 4,000 shares during the period. Trifecta Capital Advisors LLC’s holdings in Johnson Controls International were worth $443,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Truvestments Capital LLC lifted its stake in Johnson Controls International by 425.0% during the first quarter. Truvestments Capital LLC now owns 315 shares of the company’s stock worth $25,000 after purchasing an additional 255 shares during the last quarter. Accent Capital Management LLC bought a new stake in Johnson Controls International during the first quarter worth about $26,000. Hilltop National Bank bought a new stake in Johnson Controls International during the second quarter worth about $35,000. Cornerstone Planning Group LLC lifted its stake in Johnson Controls International by 74.5% during the first quarter. Cornerstone Planning Group LLC now owns 363 shares of the company’s stock worth $28,000 after purchasing an additional 155 shares during the last quarter. Finally, Activest Wealth Management lifted its stake in Johnson Controls International by 56.4% during the first quarter. Activest Wealth Management now owns 369 shares of the company’s stock worth $30,000 after purchasing an additional 133 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

Insider Buying and Selling

In other Johnson Controls International news, VP Nathan D. Manning sold 1,422 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total transaction of $149,395.32. Following the transaction, the vice president owned 139,459 shares in the company, valued at approximately $14,651,562.54. This represents a 1.01% 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 Daniel C. Mcconeghy sold 5,917 shares of the company’s stock in a transaction that occurred 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 transaction, the vice president owned 25,005 shares in the company, valued at $2,643,778.65. This trade represents a 19.14% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,761 shares of company stock worth $922,447 in the last quarter. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Stock Up 0.1%

Shares of NYSE:JCI opened at $108.43 on Thursday. Johnson Controls International plc has a 1 year low of $68.03 and a 1 year high of $112.63. The company has a market cap of $70.95 billion, a PE ratio of 32.18, a P/E/G ratio of 1.63 and a beta of 1.33. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.96 and a quick ratio of 0.81. The stock’s 50-day moving average is $106.92 and its 200 day moving average is $98.84.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share (EPS) 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 company had revenue of $6.05 billion for the quarter, compared to the consensus estimate 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. Sell-side analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International declared that its board has authorized a share repurchase program on Friday, June 13th that permits the company to buyback $9.00 billion in outstanding shares. This buyback authorization permits the company to buy up to 13.4% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board believes its shares are undervalued.

Johnson Controls International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Monday, September 22nd will be issued a dividend of $0.40 per share. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.37. The ex-dividend date is Monday, September 22nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.5%. Johnson Controls International’s dividend payout ratio (DPR) is currently 47.48%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Jefferies Financial Group reiterated a “hold” rating and issued a $120.00 price objective on shares of Johnson Controls International in a report on Thursday, July 24th. Royal Bank Of Canada lifted their price objective on Johnson Controls International from $112.00 to $114.00 and gave the stock a “sector perform” rating in a report on Wednesday, July 30th. Zacks Research upgraded Johnson Controls International to a “hold” rating in a report on Monday, August 11th. Weiss Ratings reiterated a “buy (b)” rating on shares of Johnson Controls International in a report on Wednesday. Finally, Wolfe Research lifted their price objective on Johnson Controls International from $132.00 to $133.00 and gave the stock an “outperform” rating in a report on Friday, September 12th. Ten research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $109.00.

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.