Johnson Controls International plc $JCI Stake Lifted by CW Advisors LLC

Key Points

• CW Advisors LLC increased its holdings in Johnson Controls International plc by 13.0%, bringing their total investment to approximately $1.81 million for 22,505 shares.
• Major institutional investors have also significantly increased their positions, with Allspring Global Investments Holdings LLC raising its stake by 2,213.5% to own 709,431 shares valued at $57.75 million.
• Recent analyst updates include a price target increase from Robert W. Baird, who raised it from $90.00 to $110.00, while Citigroup also lifted their target to $112.00, reflecting positive sentiment around the company's stock.

CW Advisors LLC raised its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 13.0% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,505 shares of the company's stock after buying an additional 2,582 shares during the period. CW Advisors LLC's holdings in Johnson Controls International were worth $1,805,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in JCI. TIAA Trust National Association increased its stake in Johnson Controls International by 1.0% in the first quarter. TIAA Trust National Association now owns 11,339 shares of the company's stock valued at $908,000 after purchasing an additional 115 shares during the last quarter. Strategic Blueprint LLC increased its position in Johnson Controls International by 4.3% during the first quarter. Strategic Blueprint LLC now owns 2,980 shares of the company's stock worth $239,000 after buying an additional 123 shares during the period. HighPoint Advisor Group LLC lifted its stake in Johnson Controls International by 1.4% in the first quarter. HighPoint Advisor Group LLC now owns 8,976 shares of the company's stock valued at $739,000 after buying an additional 124 shares during the last quarter. Sfmg LLC boosted its holdings in shares of Johnson Controls International by 4.5% in the first quarter. Sfmg LLC now owns 2,913 shares of the company's stock valued at $233,000 after acquiring an additional 125 shares during the period. Finally, SeaCrest Wealth Management LLC grew its position in shares of Johnson Controls International by 2.7% during the first quarter. SeaCrest Wealth Management LLC now owns 5,060 shares of the company's stock worth $405,000 after acquiring an additional 135 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company's stock.

Wall Street Analysts Forecast Growth

JCI has been the subject of several recent research reports. UBS Group reiterated a "buy" rating and set a $116.00 target price (up previously from $103.00) on shares of Johnson Controls International in a research note on Thursday, May 22nd. JPMorgan Chase & Co. lifted their target price on shares of Johnson Controls International from $81.00 to $98.00 and gave the company an "overweight" rating in a report on Friday, May 16th. Deutsche Bank Aktiengesellschaft raised shares of Johnson Controls International from a "hold" rating to a "buy" rating and increased their price target for the stock from $101.00 to $112.00 in a report on Monday, May 12th. Morgan Stanley boosted their target price on Johnson Controls International from $115.00 to $125.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. Finally, Royal Bank Of Canada upped their price objective on Johnson Controls International from $112.00 to $114.00 and gave the stock a "sector perform" rating in a report on Wednesday, July 30th. Nine research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $105.72.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, VP Anuruddha Rathninde sold 15,000 shares of the company's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $103.13, for a total value of $1,546,950.00. Following the completion of the transaction, the vice president owned 42,574 shares in the company, valued at $4,390,656.62. This represents a 26.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of the business's stock in a transaction on Friday, August 1st. The stock was sold at an average price of $103.69, for a total transaction of $147,447.18. Following the transaction, the vice president directly owned 140,881 shares in the company, valued at approximately $14,607,950.89. The trade was a 1.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 19,266 shares of company stock valued at $1,986,931. Insiders own 0.54% of the company's stock.

Johnson Controls International Price Performance

Shares of Johnson Controls International stock traded down $0.61 during trading on Thursday, hitting $108.66. 3,751,931 shares of the company were exchanged, compared to its average volume of 4,764,350. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $71.11 billion, a price-to-earnings ratio of 32.24, a P/E/G ratio of 1.93 and a beta of 1.30. Johnson Controls International plc has a fifty-two week low of $67.68 and a fifty-two week high of $112.63. The firm has a 50 day moving average price of $106.11 and a 200 day moving average price of $93.96.

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, beating analysts' consensus estimates 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 business had revenue of $6.05 billion during the quarter, compared to the consensus estimate 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 expect that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Monday, June 23rd were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Monday, June 23rd. Johnson Controls International's payout ratio is currently 43.92%.

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

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.