IFP Advisors Inc Boosts Holdings in Johnson Controls International plc $JCI

Key Points

• IFP Advisors Inc increased its stake in Johnson Controls International by 23.1% during the second quarter, now owning 15,597 shares valued at $1,648,000.
• Johnson Controls International recently announced a quarterly dividend of $0.40, an increase from the previous $0.37, representing an annualized yield of 1.5%.
• The company reported earnings per share of $1.05 for the last quarter, exceeding analysts' expectations of $0.99.

IFP Advisors Inc increased its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 23.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,597 shares of the company's stock after buying an additional 2,927 shares during the period. IFP Advisors Inc's holdings in Johnson Controls International were worth $1,648,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Callan Family Office LLC increased its holdings in Johnson Controls International by 231.2% during the second quarter. Callan Family Office LLC now owns 140,121 shares of the company's stock worth $14,800,000 after buying an additional 97,811 shares during the last quarter. Blair William & Co. IL increased its stake in shares of Johnson Controls International by 27.4% in the second quarter. Blair William & Co. IL now owns 13,324 shares of the company's stock worth $1,407,000 after purchasing an additional 2,867 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Johnson Controls International in the second quarter worth about $139,000. Allegiance Financial Group Advisory Services LLC purchased a new position in shares of Johnson Controls International in the second quarter worth about $284,000. Finally, Trifecta Capital Advisors LLC increased its stake in shares of Johnson Controls International by 2,072.5% in the second quarter. Trifecta Capital Advisors LLC now owns 4,193 shares of the company's stock worth $443,000 after purchasing an additional 4,000 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company's stock.

Johnson Controls International Trading Down 2.0%

Shares of Johnson Controls International stock opened at $105.62 on Friday. Johnson Controls International plc has a 1 year low of $68.03 and a 1 year high of $112.63. The firm has a market cap of $69.12 billion, a PE ratio of 31.34, a PEG ratio of 1.58 and a beta of 1.33. 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 $106.96 and a two-hundred day simple moving average of $99.26.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $1.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.99 by $0.06. The firm had revenue of $6.05 billion during the quarter, compared to analyst estimates 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. Analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Increases Dividend

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

Insider Buying and Selling

In other news, VP Nathan D. Manning sold 1,422 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total value of $149,395.32. Following the completion of the sale, the vice president directly owned 139,459 shares in the company, valued at approximately $14,651,562.54. The trade was a 1.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the business's stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $105.73, for a total transaction of $625,604.41. Following the completion of the sale, the vice president owned 25,005 shares of the company's stock, valued at approximately $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. Over the last 90 days, insiders sold 8,761 shares of company stock valued at $922,447. Company insiders own 0.54% of the company's stock.

Analyst Ratings Changes

JCI has been the subject of several recent research reports. Oppenheimer downgraded shares of Johnson Controls International from an "outperform" rating to a "market perform" rating in a research note on Friday, June 20th. Barclays lifted their target price on shares of Johnson Controls International from $100.00 to $101.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 30th. Robert W. Baird lifted their target price on shares of Johnson Controls International from $90.00 to $110.00 and gave the stock a "neutral" rating in a research note on Thursday, July 17th. Citigroup raised their price objective on shares of Johnson Controls International from $112.00 to $119.00 and gave the company a "neutral" rating in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Johnson Controls International from $124.00 to $125.00 and gave the company a "buy" rating in a research report on Thursday, October 2nd. Ten equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $109.39.

About Johnson Controls International

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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