Yeomans Consulting Group Inc. Buys Shares of 2,908 Johnson Controls International plc $JCI

Yeomans Consulting Group Inc. purchased a new position in shares of Johnson Controls International plc (NYSE:JCI) in the 2nd quarter, Holdings Channel reports. The firm purchased 2,908 shares of the company’s stock, valued at approximately $304,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hilltop National Bank purchased a new position in Johnson Controls International in the 2nd quarter valued at about $35,000. Triad Wealth Partners LLC acquired a new position in shares of Johnson Controls International in the second quarter valued at approximately $252,000. First National Bank & Trust Co. of Newtown purchased a new position in shares of Johnson Controls International during the second quarter valued at approximately $247,000. Pure Financial Advisors LLC purchased a new position in shares of Johnson Controls International during the second quarter valued at approximately $260,000. Finally, Robeco Institutional Asset Management B.V. boosted its position in Johnson Controls International by 112.6% during the second quarter. Robeco Institutional Asset Management B.V. now owns 1,344,646 shares of the company’s stock worth $142,022,000 after acquiring an additional 712,222 shares during the last quarter. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Johnson Controls International Stock Down 0.2%

Shares of NYSE:JCI opened at $108.66 on Friday. The stock has a 50-day simple moving average of $106.84 and a 200-day simple moving average of $98.12. The stock has a market capitalization of $71.10 billion, a P/E ratio of 32.24, a PEG ratio of 1.64 and a beta of 1.33. Johnson Controls International plc has a 1 year low of $68.03 and a 1 year high of $112.63. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.81 and a current ratio of 0.96.

Johnson Controls International (NYSE:JCI) last announced 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 net margin of 9.53% and a return on equity of 14.71%. The firm 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. Equities analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International announced that its Board of Directors has authorized a stock buyback program on Friday, June 13th that authorizes the company to repurchase $9.00 billion in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 13.4% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Johnson Controls International Increases Dividend

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

Insider Transactions at Johnson Controls International

In other news, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total value of $149,395.32. Following the completion of the sale, the vice president owned 139,459 shares in the company, valued at approximately $14,651,562.54. This trade represents a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Daniel C. Mcconeghy sold 5,917 shares of Johnson Controls International stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total transaction of $625,604.41. Following the sale, the vice president owned 25,005 shares in the company, valued at $2,643,778.65. This represents a 19.14% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,761 shares of company stock valued at $922,447. Insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Oppenheimer lowered Johnson Controls International from an “outperform” rating to a “market perform” rating in a research note on Friday, June 20th. The Goldman Sachs Group increased their target price on Johnson Controls International from $119.00 to $124.00 and gave the stock a “buy” rating in a research report on Monday, September 15th. Citigroup lifted their price target on Johnson Controls International from $110.00 to $112.00 and gave the company a “neutral” rating in a report on Wednesday, July 30th. Jefferies Financial Group reiterated a “hold” rating and set a $120.00 price objective on shares of Johnson Controls International in a report on Thursday, July 24th. Finally, Barclays boosted their target price on shares of Johnson Controls International from $100.00 to $101.00 and gave the company an “equal weight” rating in a report on Wednesday, July 30th. Nine equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $108.28.

About Johnson Controls International

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.