21,157 Johnson Controls International plc $JCI Shares Sold by Asset Management One Co. Ltd.

Key Points

• Asset Management One Co. Ltd. reduced its Johnson Controls stake by 7.5%, selling 21,157 shares and retaining 259,692 shares worth approximately $38.6 million. Institutional investors collectively own 90.05% of the company.
• Johnson Controls reported stronger-than-expected quarterly results, with adjusted EPS of $1.66 and revenue of $7.11 billion, up 10.4% year over year. Organic orders rose 44%, while backlog reached a record $23 billion.
• Analysts remain broadly positive, with the stock carrying a consensus “Moderate Buy” rating and an average price target of $166.86; shares opened at $157.36, near their 52-week high.

Asset Management One Co. Ltd. lessened its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 7.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 259,692 shares of the company's stock after selling 21,157 shares during the period. Asset Management One Co. Ltd.'s holdings in Johnson Controls International were worth $38,603,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. State Street Corp raised its holdings in shares of Johnson Controls International by 2.2% in the second quarter. State Street Corp now owns 28,283,873 shares of the company's stock valued at $4,143,674,000 after purchasing an additional 621,319 shares during the last quarter. Amundi lifted its position in shares of Johnson Controls International by 157.2% in the first quarter. Amundi now owns 5,965,212 shares of the company's stock worth $781,145,000 after purchasing an additional 3,646,047 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Johnson Controls International by 28.3% in the first quarter. First Trust Advisors LP now owns 5,761,677 shares of the company's stock worth $754,492,000 after purchasing an additional 1,270,849 shares in the last quarter. Pictet Asset Management Holding SA boosted its holdings in Johnson Controls International by 0.9% during the second quarter. Pictet Asset Management Holding SA now owns 2,331,718 shares of the company's stock worth $340,501,000 after purchasing an additional 20,780 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its holdings in Johnson Controls International by 702.5% during the first quarter. Hsbc Holdings PLC now owns 1,962,770 shares of the company's stock worth $256,820,000 after purchasing an additional 1,718,179 shares during the last quarter. Institutional investors own 90.05% of the company's stock.

Trending Headlines about Johnson Controls International

Here are the key news stories impacting Johnson Controls International this week:

• Positive Sentiment: Results exceeded expectations: JCI reported fourth-quarter adjusted EPS of $1.66 versus the $1.59 consensus, while revenue rose 10.4% year over year to $7.11 billion, topping estimates. Adjusted EPS increased from $1.26 a year earlier. Johnson Controls Reports Q4 and FY26 Results
• Positive Sentiment: Strong forward demand: Organic orders jumped 44% and backlog reached a record $23 billion, up 43% organically. Management expects fiscal 2027 organic revenue growth of 11%-12% and adjusted EPS of $6.15-$6.30, above many prior expectations. Johnson Controls FY 2027 Outlook
• Positive Sentiment: Data-center strategy is attracting investor interest: JCI is shifting resources toward HVAC, thermal management and liquid-cooling systems for AI data centers, where demand is accelerating. The company plans approximately $900 million of fiscal 2027 capital spending to expand capacity. Johnson Controls Beats the Heat in AI Data Centers
• Positive Sentiment: Analyst targets moved higher: Bernstein raised its target to $194 from $190, while Robert W. Baird and Citigroup each raised targets to $172. Morgan Stanley reiterated a Buy rating with a $180 target. Bernstein Price Target Update

Analyst Ratings Changes

Several equities research analysts have commented on JCI shares. Bank of America boosted their price target on shares of Johnson Controls International from $152.00 to $175.00 and gave the stock a "buy" rating in a research report on Thursday, October 8th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Johnson Controls International in a research report on Wednesday, October 7th. Wall Street Zen downgraded Johnson Controls International from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. Evercore set a $170.00 target price on Johnson Controls International in a report on Wednesday. Finally, Citigroup increased their price target on Johnson Controls International from $170.00 to $172.00 and gave the company a "neutral" rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $166.86.

Johnson Controls International Stock Up 0.9%

Shares of JCI opened at $157.36 on Thursday. Johnson Controls International plc has a 52 week low of $108.41 and a 52 week high of $160.41. The firm has a market cap of $95.32 billion, a P/E ratio of 27.37, a price-to-earnings-growth ratio of 1.07 and a beta of 1.27. The firm's 50-day simple moving average is $146.99 and its 200 day simple moving average is $140.37. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.83 and a current ratio of 1.00.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its earnings results on Tuesday, October 27th. The company reported $1.66 EPS for the quarter, beating the consensus estimate of $1.59 by $0.07. Johnson Controls International had a return on equity of 22.11% and a net margin of 14.32%. The company had revenue of $7.11 billion for the quarter, compared to the consensus estimate of $7.04 billion. During the same quarter in the prior year, the business earned $1.26 earnings per share. The firm's revenue for the quarter was up 10.4% on a year-over-year basis. On average, analysts forecast that Johnson Controls International plc will post 5.08 earnings per share for the current year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Monday, September 21st were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Monday, September 21st. Johnson Controls International's dividend payout ratio (DPR) is currently 27.83%.

Insider Buying and Selling at Johnson Controls International

In other news, VP Lei Schlitz sold 23,417 shares of the business's stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $153.07, for a total transaction of $3,584,440.19. Following the completion of the transaction, the vice president owned 15,017 shares of the company's stock, valued at approximately $2,298,652.19. The trade was a 60.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.29% of the company's stock.

About Johnson Controls International

Johnson Controls International plc NYSE: JCI is a global provider of building technology, products and services. The company helps customers design, operate and maintain efficient, healthy and secure buildings through solutions for heating, ventilation and air conditioning, building automation, energy management, fire detection and suppression, and physical security.

Its portfolio includes building controls and digital management platforms, HVAC equipment, chillers, air-handling systems, fire and security technologies, and related services.

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