Cwm LLC Acquires 21,535 Shares of Johnson Controls International plc $JCI

Key Points

• Cwm LLC increased its holdings in Johnson Controls International by 38.6%, purchasing an additional 21,535 shares, bringing its total to 77,339 shares valued at $8,169,000.
• The company announced a quarterly dividend increase from $0.37 to $0.40 per share, representing a dividend yield of 1.5% and a payout ratio of 47.48%.
• Johnson Controls International's most recent earnings report showed earnings per share of $1.05, exceeding estimates, and the company provided FY 2025 guidance of 3.650-3.680 EPS.

Cwm LLC boosted its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 38.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 77,339 shares of the company's stock after purchasing an additional 21,535 shares during the period. Cwm LLC's holdings in Johnson Controls International were worth $8,169,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Lawson Kroeker Investment Management Inc. NE bought a new stake in Johnson Controls International in the second quarter worth $222,000. Vanguard Personalized Indexing Management LLC increased its position in shares of Johnson Controls International by 19.8% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 88,561 shares of the company's stock valued at $9,357,000 after acquiring an additional 14,626 shares during the period. Concurrent Investment Advisors LLC increased its position in shares of Johnson Controls International by 27.2% in the second quarter. Concurrent Investment Advisors LLC now owns 8,868 shares of the company's stock valued at $937,000 after acquiring an additional 1,898 shares during the period. Johnson Investment Counsel Inc. increased its position in shares of Johnson Controls International by 5.5% in the second quarter. Johnson Investment Counsel Inc. now owns 7,657 shares of the company's stock valued at $809,000 after acquiring an additional 396 shares during the period. Finally, waypoint wealth counsel purchased a new position in shares of Johnson Controls International in the second quarter valued at about $225,000. 90.05% of the stock is owned by institutional investors.

Insider Activity at Johnson Controls International

In other news, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, September 2nd. The shares were 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 directly owned 139,459 shares in the company, valued at approximately $14,651,562.54. This trade 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 Johnson Controls International stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total transaction of $625,604.41. Following the transaction, the vice president owned 25,005 shares of the company's stock, valued at $2,643,778.65. The trade was a 19.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 8,761 shares of company stock valued at $922,447 over the last quarter. Company insiders own 0.54% of the company's stock.

Johnson Controls International Price Performance

Shares of NYSE JCI opened at $107.82 on Wednesday. Johnson Controls International plc has a 1 year low of $68.03 and a 1 year high of $112.63. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.96 and a quick ratio of 0.81. The company's 50-day moving average is $107.02 and its 200 day moving average is $99.62. The stock has a market capitalization of $70.55 billion, a P/E ratio of 31.99, a P/E/G ratio of 1.60 and a beta of 1.33.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share 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 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, sell-side analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Monday, September 22nd will be issued a dividend of $0.40 per share. The ex-dividend date is Monday, September 22nd. This is a positive change from Johnson Controls International's previous quarterly dividend of $0.37. This represents a $1.60 annualized dividend and a dividend yield of 1.5%. Johnson Controls International's dividend payout ratio (DPR) is 47.48%.

Wall Street Analyst Weigh In

JCI has been the topic of a number of analyst reports. Robert W. Baird boosted their price objective on shares of Johnson Controls International from $90.00 to $110.00 and gave the company a "neutral" rating in a research report on Thursday, July 17th. 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 research report on Wednesday, July 30th. Oppenheimer cut shares of Johnson Controls International from an "outperform" rating to a "market perform" rating in a research report on Friday, June 20th. Royal Bank Of Canada boosted 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 research report on Wednesday, July 30th. Finally, Wolfe Research boosted 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 report on Friday, September 12th. Ten equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $109.39.

Johnson Controls International Company 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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