B.O.S.S. Retirement Advisors LLC Invests $262,000 in Johnson Controls International plc $JCI

Key Points

• B.O.S.S. Retirement Advisors LLC invested approximately $262,000 in Johnson Controls International plc by acquiring 2,485 shares in the second quarter.
• Johnson Controls International reported $1.05 earnings per share for the latest quarter, surpassing analysts' estimates, and generated revenues of $6.05 billion.
• The company announced a quarterly dividend increase to $0.40 per share, reflecting a boost from the previous dividend and a yield of 1.5%.

B.O.S.S. Retirement Advisors LLC bought a new position in Johnson Controls International plc (NYSE:JCI - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 2,485 shares of the company's stock, valued at approximately $262,000.

Several other institutional investors have also recently made changes to their positions in JCI. Cerity Partners LLC lifted its holdings in Johnson Controls International by 69.8% during the 1st quarter. Cerity Partners LLC now owns 113,059 shares of the company's stock valued at $9,057,000 after buying an additional 46,459 shares in the last quarter. G&S Capital LLC lifted its position in shares of Johnson Controls International by 81.4% in the 1st quarter. G&S Capital LLC now owns 30,342 shares of the company's stock worth $2,431,000 after purchasing an additional 13,612 shares during the period. GAMMA Investing LLC lifted its position in shares of Johnson Controls International by 27.8% in the 1st quarter. GAMMA Investing LLC now owns 14,720 shares of the company's stock worth $1,179,000 after purchasing an additional 3,201 shares during the period. Allspring Global Investments Holdings LLC lifted its position in shares of Johnson Controls International by 2,213.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 709,431 shares of the company's stock worth $57,748,000 after purchasing an additional 678,766 shares during the period. Finally, Dynamic Advisor Solutions LLC lifted its position in shares of Johnson Controls International by 22.4% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 5,987 shares of the company's stock worth $480,000 after purchasing an additional 1,096 shares during the period. Institutional investors own 90.05% of the company's stock.

Johnson Controls International Price Performance

Shares of NYSE JCI opened at $108.66 on Friday. The firm 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 price-to-earnings ratio of 32.24, a price-to-earnings-growth ratio of 1.64 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 plc has a 52 week low of $68.03 and a 52 week high of $112.63.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly earnings data 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. 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 during the quarter, compared to analyst estimates 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 predict that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International announced that its board has authorized a share repurchase program on Friday, June 13th that authorizes the company to buyback $9.00 billion in outstanding shares. This buyback authorization authorizes the company to buy up to 13.4% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's management 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. Shareholders of record on Monday, September 22nd will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.5%. This is a boost from Johnson Controls International's previous quarterly dividend of $0.37. The ex-dividend date of this dividend is Monday, September 22nd. Johnson Controls International's payout ratio is 47.48%.

Insider Activity

In other news, VP Daniel C. Mcconeghy sold 5,917 shares of the stock in a transaction dated 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 of the company's stock, valued at approximately $2,643,778.65. This 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 that occurred on Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total transaction of $149,395.32. Following the completion of the transaction, the vice president owned 139,459 shares of the company's stock, valued at $14,651,562.54. This represents a 1.01% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 8,761 shares of company stock valued at $922,447. 0.54% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Barclays lifted their price objective on shares of Johnson Controls International from $100.00 to $101.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 30th. Robert W. Baird lifted their price objective on shares of Johnson Controls International from $90.00 to $110.00 and gave the stock a "neutral" rating in a research report on Thursday, July 17th. Oppenheimer downgraded shares of Johnson Controls International from an "outperform" rating to a "market perform" rating in a research report on Friday, June 20th. Zacks Research raised shares of Johnson Controls International to a "hold" rating in a research report on Monday, August 11th. Finally, The Goldman Sachs Group boosted their target price on shares of Johnson Controls International from $119.00 to $124.00 and gave the stock a "buy" rating in a research report on Monday, September 15th. Nine research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus 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.

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