Fifth Third Bancorp Boosts Stake in Johnson Controls International plc $JCI

Key Points

• Fifth Third Bancorp boosted its stake in Johnson Controls by 13.3% in Q4, buying 8,434 shares to hold 71,909 shares worth about $8.61 million.
• Johnson Controls beat Quarterly expectations with $0.89 EPS (vs. $0.84 est.) and $5.80B revenue, and set FY2026 guidance of 4.700 EPS and Q2 guidance of 1.110 EPS.
• Analysts have a consensus Hold rating with an average target of $137.81 while the stock trades around $145; the company pays a $0.40 quarterly dividend ($1.60 annual, ~1.1% yield).

Fifth Third Bancorp boosted its stake in Johnson Controls International plc (NYSE:JCI - Free Report) by 13.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 71,909 shares of the company's stock after buying an additional 8,434 shares during the quarter. Fifth Third Bancorp's holdings in Johnson Controls International were worth $8,611,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of JCI. Robeco Institutional Asset Management B.V. grew its stake in shares of Johnson Controls International by 9.1% during the third quarter. Robeco Institutional Asset Management B.V. now owns 1,466,780 shares of the company's stock valued at $161,272,000 after purchasing an additional 122,134 shares during the last quarter. Nordea Investment Management AB grew its stake in shares of Johnson Controls International by 1,545.8% during the third quarter. Nordea Investment Management AB now owns 2,134,324 shares of the company's stock valued at $232,705,000 after purchasing an additional 2,004,643 shares during the last quarter. Regents Gate Capital LLP grew its stake in shares of Johnson Controls International by 17.4% during the third quarter. Regents Gate Capital LLP now owns 86,144 shares of the company's stock valued at $9,472,000 after purchasing an additional 12,774 shares during the last quarter. MGO One Seven LLC grew its stake in shares of Johnson Controls International by 573.4% during the third quarter. MGO One Seven LLC now owns 62,624 shares of the company's stock valued at $6,886,000 after purchasing an additional 53,325 shares during the last quarter. Finally, Bright Futures Wealth Management LLC. bought a new stake in shares of Johnson Controls International during the third quarter valued at approximately $583,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Johnson Controls International Price Performance

Johnson Controls International stock opened at $145.29 on Friday. The business's 50-day simple moving average is $137.54 and its 200 day simple moving average is $125.39. The stock has a market cap of $88.93 billion, a price-to-earnings ratio of 27.36, a P/E/G ratio of 1.64 and a beta of 1.37. Johnson Controls International plc has a 12-month low of $87.31 and a 12-month high of $146.90. The company has a quick ratio of 0.81, a current ratio of 0.99 and a debt-to-equity ratio of 0.66.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.05. Johnson Controls International had a return on equity of 17.15% and a net margin of 14.17%.The business had revenue of $5.80 billion for the quarter, compared to analysts' expectations of $5.64 billion. During the same quarter last year, the business earned $0.64 earnings per share. The firm's quarterly revenue was up 6.8% compared to the same quarter last year. Johnson Controls International has set its FY 2026 guidance at 4.700-4.700 EPS and its Q2 2026 guidance at 1.110-1.110 EPS. As a group, research analysts anticipate that Johnson Controls International plc will post 4.75 earnings per share for the current year.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 16th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, March 16th. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. Johnson Controls International's dividend payout ratio (DPR) is 30.13%.

Insiders Place Their Bets

In related news, Director Mark Vergnano bought 7,665 shares of Johnson Controls International stock in a transaction on Thursday, February 5th. The shares were purchased at an average price of $131.94 per share, for a total transaction of $1,011,320.10. Following the completion of the acquisition, the director owned 37,602 shares in the company, valued at approximately $4,961,207.88. This represents a 25.60% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Todd M. Grabowski sold 6,050 shares of the firm's stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $134.90, for a total value of $816,145.00. Following the transaction, the vice president owned 34,836 shares in the company, valued at approximately $4,699,376.40. This trade represents a 14.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.29% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Rothschild & Co Redburn increased their price target on shares of Johnson Controls International from $137.00 to $150.00 and gave the company a "buy" rating in a research note on Monday, February 9th. Melius Research set a $148.00 price target on Johnson Controls International in a report on Wednesday, January 7th. Evercore assumed coverage on Johnson Controls International in a report on Monday, April 13th. They issued a "hold" rating and a $155.00 price target on the stock. Wolfe Research decreased their price target on Johnson Controls International from $161.00 to $160.00 and set an "outperform" rating on the stock in a report on Wednesday, April 8th. Finally, Royal Bank Of Canada decreased their price target on Johnson Controls International from $140.00 to $139.00 and set a "sector perform" rating on the stock in a report on Wednesday, April 8th. Twelve analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $137.81.

About Johnson Controls International

Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company's core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls' product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.

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