Blair William & Co. IL Raises Stake in Johnson Controls International plc $JCI

Key Points

• Blair William & Co. IL increased its stake in Johnson Controls International plc by 27.4%, owning 13,324 shares worth approximately $1.4 million after buying an additional 2,867 shares during the second quarter.
• Insiders, including VP Nathan D. Manning, sold a total of 8,761 shares in recent transactions, signaling potential profit-taking as stock prices remain high.
• Johnson Controls announced a quarterly dividend increase to $0.40 per share, up from $0.37, with a 1.4% dividend yield, reflecting positive cash flow and shareholder returns.

Blair William & Co. IL increased its stake in Johnson Controls International plc (NYSE:JCI - Free Report) by 27.4% during the second quarter, according to its most recent filing with the SEC. The fund owned 13,324 shares of the company's stock after buying an additional 2,867 shares during the quarter. Blair William & Co. IL's holdings in Johnson Controls International were worth $1,407,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Truvestments Capital LLC boosted its holdings in shares of Johnson Controls International by 425.0% in the 1st quarter. Truvestments Capital LLC now owns 315 shares of the company's stock worth $25,000 after buying an additional 255 shares during the last quarter. Accent Capital Management LLC purchased a new position in shares of Johnson Controls International in the 1st quarter worth about $26,000. Cornerstone Planning Group LLC boosted its holdings in shares of Johnson Controls International by 74.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 363 shares of the company's stock worth $28,000 after buying an additional 155 shares during the last quarter. Activest Wealth Management boosted its holdings in shares of Johnson Controls International by 56.4% in the 1st quarter. Activest Wealth Management now owns 369 shares of the company's stock worth $30,000 after buying an additional 133 shares during the last quarter. Finally, Community Bank N.A. purchased a new position in shares of Johnson Controls International in the 1st quarter worth about $32,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Johnson Controls International

In related news, VP Nathan D. Manning sold 1,422 shares of the company'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 transaction, the vice president directly owned 139,459 shares in the company, valued at approximately $14,651,562.54. This represents a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 transaction of $625,604.41. Following the completion of the transaction, the vice president owned 25,005 shares in the company, valued at approximately $2,643,778.65. This trade represents a 19.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 8,761 shares of company stock worth $922,447. 0.54% of the stock is owned by company insiders.

Johnson Controls International Trading Up 2.7%

Shares of JCI opened at $110.73 on Thursday. The business's 50-day moving average price is $107.14 and its 200-day moving average price is $99.70. Johnson Controls International plc has a twelve month low of $68.03 and a twelve month high of $112.63. The stock has a market cap of $72.46 billion, a PE ratio of 32.86, a P/E/G ratio of 1.62 and a beta of 1.33. 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 (NYSE:JCI - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate 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 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. On average, equities analysts forecast 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 given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.4%. This is a positive change from Johnson Controls International's previous quarterly dividend of $0.37. The ex-dividend date is Monday, September 22nd. Johnson Controls International's dividend payout ratio (DPR) is currently 47.48%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on JCI. Citigroup boosted their price target on shares of Johnson Controls International from $112.00 to $119.00 and gave the stock a "neutral" rating in a report on Thursday, October 9th. Royal Bank Of Canada upped their price objective on shares of Johnson Controls International from $112.00 to $114.00 and gave the company a "sector perform" rating in a report on Wednesday, July 30th. Barclays upped 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. Morgan Stanley upped their price objective on shares of Johnson Controls International from $115.00 to $125.00 and gave the company an "overweight" rating in a report on Thursday, August 21st. Finally, Wolfe Research upped their price objective on shares of Johnson Controls International from $132.00 to $133.00 and gave the company an "outperform" rating in a report on Friday, September 12th. Ten investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $110.89.

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.

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