111 Capital Has $2.75 Million Position in Johnson Controls International plc $JCI

Key Points

• 111 Capital increased its stake in Johnson Controls International plc by 41.8%, acquiring an additional 7,683 shares to bring its total position to 26,048 shares, valued at $2.75 million.
• Johnson Controls announced a quarterly dividend increase to $0.40 per share from the previous $0.37, reflecting a 1.5% yield, set to be paid on October 17th.
• Several institutional investors have also boosted their holdings in Johnson Controls, with Vanguard Group and Goldman Sachs among those increasing their investments, indicating strong institutional confidence in the company.

111 Capital boosted its holdings in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 41.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,048 shares of the company's stock after buying an additional 7,683 shares during the period. 111 Capital's holdings in Johnson Controls International were worth $2,751,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in shares of Johnson Controls International by 0.4% during the first quarter. Vanguard Group Inc. now owns 68,444,686 shares of the company's stock valued at $5,483,104,000 after acquiring an additional 288,576 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of Johnson Controls International by 2.5% during the first quarter. Raymond James Financial Inc. now owns 7,378,331 shares of the company's stock valued at $591,078,000 after acquiring an additional 178,169 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Johnson Controls International by 3.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,354,069 shares of the company's stock valued at $509,024,000 after acquiring an additional 185,476 shares during the period. Amundi lifted its holdings in shares of Johnson Controls International by 22.2% during the first quarter. Amundi now owns 4,731,377 shares of the company's stock valued at $366,412,000 after acquiring an additional 860,899 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Johnson Controls International by 6.7% during the first quarter. Goldman Sachs Group Inc. now owns 3,178,516 shares of the company's stock valued at $254,631,000 after acquiring an additional 198,817 shares during the period. Institutional investors and hedge funds own 90.05% of the company's stock.

Johnson Controls International Stock Performance

Johnson Controls International stock opened at $108.70 on Friday. The stock has a 50-day simple moving average of $106.78 and a 200 day simple moving average of $98.31. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a 12-month low of $68.03 and a 12-month high of $112.63. The stock has a market capitalization of $71.13 billion, a price-to-earnings ratio of 32.25, a P/E/G ratio of 1.63 and a beta of 1.33.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $1.05 EPS for the quarter, topping analysts' consensus estimates of $0.99 by $0.06. The firm had revenue of $6.05 billion during the quarter, compared to analyst estimates of $5.99 billion. Johnson Controls International had a return on equity of 14.71% and a net margin of 9.53%. Johnson Controls International has set its FY 2025 guidance at 3.650-3.680 EPS. Q4 2025 guidance at 1.140-1.170 EPS. On average, research analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Monday, September 22nd will be given a $0.40 dividend. The ex-dividend date 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 dividend on an annualized basis and a yield of 1.5%. Johnson Controls International's dividend payout ratio is 47.48%.

Johnson Controls International announced that its Board of Directors has approved a share repurchase plan on Friday, June 13th that authorizes the company to repurchase $9.00 billion in shares. This repurchase authorization authorizes the company to purchase up to 13.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on JCI shares. Robert W. Baird lifted their price objective on Johnson Controls International from $90.00 to $110.00 and gave the company a "neutral" rating in a report on Thursday, July 17th. The Goldman Sachs Group lifted their price objective on Johnson Controls International from $119.00 to $124.00 and gave the company a "buy" rating in a report on Monday, September 15th. Morgan Stanley lifted their price objective on Johnson Controls International from $115.00 to $125.00 and gave the company an "overweight" rating in a report on Thursday, August 21st. Royal Bank Of Canada lifted their price objective on Johnson Controls International from $112.00 to $114.00 and gave the company a "sector perform" rating in a report on Wednesday, July 30th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Johnson Controls International in a report on Saturday, September 27th. Ten investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company's stock. According to data from MarketBeat.com, Johnson Controls International has a consensus rating of "Moderate Buy" and an average price target of $108.28.

Insider Transactions at Johnson Controls International

In related news, VP Daniel C. Mcconeghy sold 5,917 shares of Johnson Controls International stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $105.73, for a total value of $625,604.41. Following the completion of the sale, the vice president directly owned 25,005 shares in the company, valued at $2,643,778.65. This trade represents a 19.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International 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 of the company's stock, valued at approximately $14,651,562.54. The trade was a 1.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 8,761 shares of company stock valued at $922,447. Corporate insiders own 0.54% of the company's stock.

Johnson Controls International Company 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.

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