Atria Wealth Solutions Inc. Has $1.36 Million Stock Holdings in Johnson Controls International plc $JCI

Key Points

• Atria Wealth Solutions Inc. reduced its holdings in Johnson Controls International by 56.2%, now owning 12,830 shares valued at approximately $1.36 million.
• Several institutional investors have increased their stakes in Johnson Controls, with Vanguard Group owning 68.4 million shares, valued at around $5.48 billion.
• Johnson Controls recently announced a quarterly dividend of $0.40, reflecting an increase from the previous dividend of $0.37, with a dividend yield of 1.5%.

Atria Wealth Solutions Inc. cut its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 56.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,830 shares of the company's stock after selling 16,457 shares during the period. Atria Wealth Solutions Inc.'s holdings in Johnson Controls International were worth $1,360,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Johnson Controls International by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 68,444,686 shares of the company's stock worth $5,483,104,000 after purchasing an additional 288,576 shares during the last quarter. Raymond James Financial Inc. grew its stake in Johnson Controls International by 2.5% in the 1st quarter. Raymond James Financial Inc. now owns 7,378,331 shares of the company's stock valued at $591,078,000 after buying an additional 178,169 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Johnson Controls International by 3.0% in the 1st 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 buying an additional 185,476 shares during the last quarter. Amundi grew its stake in Johnson Controls International by 22.2% in the 1st quarter. Amundi now owns 4,731,377 shares of the company's stock valued at $366,412,000 after buying an additional 860,899 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in Johnson Controls International by 6.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,178,516 shares of the company's stock valued at $254,631,000 after buying an additional 198,817 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Johnson Controls International Trading Down 1.4%

Shares of JCI opened at $109.26 on Friday. Johnson Controls International plc has a 52-week low of $68.03 and a 52-week high of $112.63. The business's fifty day moving average is $107.24 and its 200-day moving average is $99.90. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.81 and a current ratio of 0.96. The firm has a market cap of $71.50 billion, a price-to-earnings ratio of 32.42, a PEG ratio of 1.67 and a beta of 1.33.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its 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. The firm had revenue of $6.05 billion for the quarter, compared to analysts' expectations 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. Equities analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Monday, September 22nd will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.5%. 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. Johnson Controls International's payout ratio is currently 47.48%.

Insider Activity at Johnson Controls International

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

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Morgan Stanley upped their price target on shares of Johnson Controls International from $115.00 to $125.00 and gave the company an "overweight" rating in a research note on Thursday, August 21st. Wolfe Research upped their price target on shares of Johnson Controls International from $132.00 to $133.00 and gave the company an "outperform" rating in a research note on Friday, September 12th. Royal Bank Of Canada upped their price target on shares of Johnson Controls International from $112.00 to $114.00 and gave the company a "sector perform" rating in a research note on Wednesday, July 30th. Barclays boosted their price objective 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. Finally, Zacks Research raised shares of Johnson Controls International to a "hold" rating in a report on Monday, August 11th. Ten analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, Johnson Controls International currently has an average rating of "Moderate Buy" and a consensus price target of $113.00.

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.

Want to see what other hedge funds are holding JCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Johnson Controls International plc (NYSE:JCI - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.