Johnson Controls International plc $JCI Holdings Cut by Retirement Systems of Alabama

Key Points

• Retirement Systems of Alabama trimmed its JCI stake by 1.8% to 509,245 shares (~$60.98M), while other large funds (Viking Global, Ameriprise, Nordea, Adage, Munro) materially increased or established positions — institutional investors now own about 90.05% of the stock.
• Johnson Controls beat quarterly estimates (EPS $0.89 vs. $0.84; revenue $5.80B vs. $5.64B), issued FY2026 EPS guidance of 4.70, and announced a quarterly dividend of $0.40 (annual $1.60, yield ~1.3%, ex-dividend March 16).
• Insider selling was reported (VP Todd Grabowski sold 6,050 shares; VP Daniel Mcconeghy sold 3,600 shares), leaving insiders with just 0.29% ownership, while analysts maintain a consensus "Moderate Buy" target of about $135.53.

Retirement Systems of Alabama trimmed its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 1.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 509,245 shares of the company's stock after selling 9,584 shares during the quarter. Retirement Systems of Alabama owned about 0.08% of Johnson Controls International worth $60,982,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Viking Global Investors LP boosted its position in Johnson Controls International by 368.5% during the 3rd quarter. Viking Global Investors LP now owns 6,796,942 shares of the company's stock valued at $747,324,000 after purchasing an additional 5,346,130 shares during the period. Ameriprise Financial Inc. increased its position in Johnson Controls International by 140.8% in the second quarter. Ameriprise Financial Inc. now owns 4,575,414 shares of the company's stock worth $483,281,000 after buying an additional 2,675,157 shares during the period. Nordea Investment Management AB lifted its stake in Johnson Controls International by 1,545.8% in the third quarter. Nordea Investment Management AB now owns 2,134,324 shares of the company's stock valued at $232,705,000 after buying an additional 2,004,643 shares during the last quarter. Adage Capital Partners GP L.L.C. boosted its holdings in shares of Johnson Controls International by 179.9% during the second quarter. Adage Capital Partners GP L.L.C. now owns 1,686,361 shares of the company's stock valued at $178,113,000 after acquiring an additional 1,083,911 shares during the period. Finally, Munro Partners acquired a new position in shares of Johnson Controls International during the second quarter valued at $83,237,000. Institutional investors own 90.05% of the company's stock.

Insiders Place Their Bets

In other Johnson Controls International news, VP Todd M. Grabowski sold 6,050 shares of the stock in a transaction on 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 transaction, the vice president directly owned 34,836 shares of the company's stock, valued at approximately $4,699,376.40. This trade represents a 14.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Daniel C. Mcconeghy sold 3,600 shares of the business's stock in a transaction on 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 directly owned 24,273 shares in the company, valued at $3,460,358.88. This represents a 12.92% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.29% of the stock is currently owned by insiders.

Johnson Controls International Stock Performance

JCI stock opened at $126.46 on Tuesday. The company has a 50-day simple moving average of $132.61 and a 200 day simple moving average of $120.47. The company has a market capitalization of $77.40 billion, a P/E ratio of 23.82, a PEG ratio of 1.48 and a beta of 1.38. 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 plc has a fifty-two week low of $68.03 and a fifty-two week high of $146.49.

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

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Monday, March 16th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Monday, March 16th. Johnson Controls International's dividend payout ratio is 30.13%.

Wall Street Analyst Weigh In

JCI has been the topic of a number of analyst reports. Mizuho increased their price objective on shares of Johnson Controls International from $120.00 to $130.00 and gave the stock a "neutral" rating in a report on Thursday, February 5th. Melius Research set a $148.00 target price on shares of Johnson Controls International in a research report on Wednesday, January 7th. 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 research note on Thursday, February 5th. Rothschild & Co Redburn boosted their price objective on Johnson Controls International from $137.00 to $150.00 and gave the stock a "buy" rating in a research report on Monday, February 9th. Finally, Wells Fargo & Company increased their price objective on Johnson Controls International from $135.00 to $145.00 and gave the stock an "overweight" rating in a report on Thursday, February 5th. Twelve investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $135.53.

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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