Gamco Investors INC. ET AL Cuts Stock Holdings in Johnson Controls International plc $JCI

Key Points

• Gamco Investors trimmed its stake in Johnson Controls by 3.6% in Q3, selling 14,428 shares and now holds 387,606 shares (about $42.6M, roughly 0.06% of the company).
• Institutional ownership is very high — major funds like Vanguard, State Street, Franklin, Fisher and Geode increased positions and institutions now own about 90.05% of JCI stock.
• Johnson Controls recently beat quarterly expectations (EPS $0.89 vs. $0.84; revenue $5.80B) set FY2026 guidance at 4.70 EPS, and announced a quarterly dividend of $0.40 (annual $1.60, ~1.2% yield).

Gamco Investors INC. ET AL lowered its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 3.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 387,606 shares of the company's stock after selling 14,428 shares during the period. Gamco Investors INC. ET AL owned approximately 0.06% of Johnson Controls International worth $42,617,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in Johnson Controls International by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 69,365,463 shares of the company's stock valued at $7,326,380,000 after purchasing an additional 920,777 shares during the last quarter. State Street Corp raised its stake in shares of Johnson Controls International by 2.5% in the second quarter. State Street Corp now owns 28,521,478 shares of the company's stock worth $3,022,673,000 after purchasing an additional 683,467 shares during the last quarter. Franklin Resources Inc. lifted its holdings in shares of Johnson Controls International by 3.0% during the second quarter. Franklin Resources Inc. now owns 23,223,902 shares of the company's stock valued at $2,452,909,000 after purchasing an additional 675,862 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Johnson Controls International by 2.1% during the third quarter. Fisher Asset Management LLC now owns 16,959,249 shares of the company's stock valued at $1,864,670,000 after purchasing an additional 354,266 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Johnson Controls International by 0.8% during the second quarter. Geode Capital Management LLC now owns 14,285,011 shares of the company's stock valued at $1,501,266,000 after buying an additional 120,078 shares during the last quarter. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Johnson Controls International Price Performance

NYSE JCI opened at $132.87 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.99 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $81.33 billion, a P/E ratio of 25.02, a PEG ratio of 1.55 and a beta of 1.38. The company has a 50-day moving average price of $127.26 and a 200-day moving average price of $117.42. Johnson Controls International plc has a 52 week low of $68.03 and a 52 week high of $146.49.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its earnings results on Wednesday, February 4th. The company reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.84 by $0.05. The business had revenue of $5.80 billion during the quarter, compared to analysts' expectations of $5.64 billion. Johnson Controls International had a net margin of 14.17% and a return on equity of 17.15%. The firm's revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.64 earnings per share. 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. Equities research analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Monday, March 16th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, March 16th. Johnson Controls International's dividend payout ratio (DPR) is currently 30.13%.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, VP Todd M. Grabowski sold 6,050 shares of the business's stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $134.90, for a total transaction of $816,145.00. Following the completion of the sale, the vice president owned 34,836 shares of the company's stock, valued at approximately $4,699,376.40. The trade was a 14.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Daniel C. Mcconeghy sold 3,600 shares of the company's stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $142.56, for a total value of $513,216.00. Following the completion of the sale, the vice president owned 24,273 shares of the company's stock, valued at approximately $3,460,358.88. The trade was a 12.92% decrease in their position. The SEC filing for this sale provides additional information. 0.29% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Mizuho boosted their target price on Johnson Controls International from $120.00 to $130.00 and gave the stock a "neutral" rating in a research report on Thursday, February 5th. Citigroup raised their price target on shares of Johnson Controls International from $129.00 to $139.00 and gave the company a "neutral" rating in a report on Thursday, February 5th. HSBC lifted their price target on shares of Johnson Controls International from $79.00 to $127.00 and gave the stock a "hold" rating in a research note on Monday, November 24th. Melius Research set a $148.00 price objective on shares of Johnson Controls International in a research report on Wednesday, January 7th. Finally, Wolfe Research raised their target price on shares of Johnson Controls International from $149.00 to $161.00 and gave the stock an "outperform" rating in a report on Friday, February 27th. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $135.00.

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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