Eisler Capital Management Ltd. Invests $25.05 Million in Johnson Controls International plc $JCI

Key Points

• Eisler Capital Management Ltd. purchased approximately $25.05 million worth of shares in Johnson Controls International plc, making it their 10th largest position.
• Johnson Controls announced a $9 billion stock buyback program, indicating that the board believes its shares are undervalued.
• The company reported a quarterly EPS of $1.05, surpassing analysts' expectations, and set its FY 2025 guidance at 3.650-3.680 EPS.

Eisler Capital Management Ltd. bought a new position in Johnson Controls International plc (NYSE:JCI - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 312,772 shares of the company's stock, valued at approximately $25,050,000. Johnson Controls International accounts for 0.2% of Eisler Capital Management Ltd.'s portfolio, making the stock its 10th largest position.

Several other hedge funds also recently made changes to their positions in JCI. Truvestments Capital LLC lifted its stake 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 acquiring an additional 255 shares during the period. Accent Capital Management LLC acquired a new stake in shares of Johnson Controls International in the 1st quarter worth $26,000. Cornerstone Planning Group LLC lifted its stake 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 acquiring an additional 155 shares during the period. Community Bank N.A. purchased a new position in shares of Johnson Controls International in the 1st quarter valued at about $32,000. Finally, Talaria Asset Management Pty Ltd purchased a new position in shares of Johnson Controls International in the 1st quarter valued at about $39,000. Institutional investors and hedge funds own 90.05% of the company's stock.

Johnson Controls International Stock Performance

Shares of NYSE JCI opened at $108.53 on Wednesday. The company has a market cap of $71.02 billion, a PE ratio of 32.20, a price-to-earnings-growth ratio of 1.89 and a beta of 1.30. Johnson Controls International plc has a 12 month low of $67.68 and a 12 month 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 has a 50-day simple moving average of $105.99 and a 200-day simple moving average of $93.86.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 EPS for the quarter, topping analysts' consensus estimates of $0.99 by $0.06. The business had revenue of $6.05 billion during the quarter, compared to the consensus estimate of $5.99 billion. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. 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 anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International announced that its board has initiated a stock buyback program on Friday, June 13th that authorizes the company to repurchase $9.00 billion in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 13.4% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board believes its shares are undervalued.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 18th. Investors of record on Monday, June 23rd were given a $0.37 dividend. The ex-dividend date of this dividend was Monday, June 23rd. This represents a $1.48 annualized dividend and a dividend yield of 1.4%. Johnson Controls International's dividend payout ratio (DPR) is currently 43.92%.

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 Friday, August 1st. The shares were sold at an average price of $103.69, for a total value of $147,447.18. Following the sale, the vice president directly owned 140,881 shares of the company's stock, valued at approximately $14,607,950.89. This trade represents a 1.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Anuruddha Rathninde sold 15,000 shares of the firm'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 transaction of $1,546,950.00. Following the completion of the sale, the vice president directly owned 42,574 shares in the company, valued at $4,390,656.62. This represents a 26.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 19,266 shares of company stock worth $1,986,931 over the last three months. Corporate insiders own 0.54% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on JCI shares. Robert W. Baird increased their price target on shares of Johnson Controls International from $90.00 to $110.00 and gave the company a "neutral" rating in a report on Thursday, July 17th. Citigroup increased their price target on shares of Johnson Controls International from $110.00 to $112.00 and gave the company a "neutral" rating in a report on Wednesday, July 30th. Vertical Research upgraded shares of Johnson Controls International from a "hold" rating to a "buy" rating and set a $105.00 target price for the company in a report on Thursday, May 8th. Wells Fargo & Company raised their target price on shares of Johnson Controls International from $100.00 to $130.00 and gave the company an "overweight" rating in a report on Wednesday, June 4th. Finally, Morgan Stanley raised their target price 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. Nine analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $105.72.

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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