Johnson Controls International plc $JCI Shares Purchased by Legal & General Group Plc

Key Points

• Legal & General increased its stake in Johnson Controls by 4.6% in Q3, owning 5,944,825 shares (about 0.91% of the company) worth roughly $653.6 million.
• Johnson Controls beat Q results with $0.89 EPS vs. $0.84 expected and revenue of $5.80 billion (up 6.8% YoY), and set FY2026 guidance at about $4.70 EPS with Q2 guidance of $1.11.
• The company declared a quarterly dividend of $0.40 (annualized $1.60, ~1.2% yield), while analysts hold a consensus "Moderate Buy" rating with an average target near $135 and several recent price-target upgrades.

Legal & General Group Plc boosted its position in Johnson Controls International plc (NYSE:JCI - Free Report) by 4.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,944,825 shares of the company's stock after purchasing an additional 262,627 shares during the quarter. Legal & General Group Plc owned about 0.91% of Johnson Controls International worth $653,634,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Catalyst Financial Partners LLC grew its holdings in shares of Johnson Controls International by 2.5% during the third quarter. Catalyst Financial Partners LLC now owns 3,398 shares of the company's stock worth $374,000 after buying an additional 84 shares in the last quarter. Fulton Bank N.A. lifted its stake in shares of Johnson Controls International by 0.7% in the third quarter. Fulton Bank N.A. now owns 12,645 shares of the company's stock worth $1,390,000 after buying an additional 91 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its position in Johnson Controls International by 12.6% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 860 shares of the company's stock worth $95,000 after acquiring an additional 96 shares during the last quarter. Nwam LLC grew its stake in Johnson Controls International by 1.1% during the 2nd quarter. Nwam LLC now owns 9,141 shares of the company's stock valued at $951,000 after acquiring an additional 97 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in Johnson Controls International by 2.0% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 5,155 shares of the company's stock valued at $567,000 after acquiring an additional 99 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company's stock.

Johnson Controls International Price Performance

Shares of JCI opened at $134.07 on Wednesday. The firm has a 50-day simple moving average of $127.76 and a two-hundred day simple moving average of $117.98. The stock has a market cap of $82.06 billion, a PE ratio of 25.25, a P/E/G ratio of 1.50 and a beta of 1.38. Johnson Controls International plc has a 1-year low of $68.03 and a 1-year high of $146.49. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.99 and a quick ratio of 0.81.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.84 by $0.05. The firm had revenue of $5.80 billion for the quarter, compared to analyst estimates of $5.64 billion. Johnson Controls International had a net margin of 14.17% and a return on equity of 17.15%. The business's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the business posted $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. As a group, analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Monday, March 16th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.2%. The ex-dividend date 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 Daniel C. Mcconeghy sold 3,600 shares of the business's stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $142.56, for a total transaction of $513,216.00. Following 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Todd M. Grabowski sold 6,050 shares of the firm's stock in a transaction that occurred on Friday, February 6th. The shares were 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. The trade was a 14.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.29% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on JCI. Wall Street Zen upgraded Johnson Controls International from a "hold" rating to a "buy" rating in a report on Saturday, February 7th. Wolfe Research boosted their price objective on Johnson Controls International from $149.00 to $161.00 and gave the stock an "outperform" rating in a research note on Friday, February 27th. Wells Fargo & Company raised their target price on Johnson Controls International from $135.00 to $145.00 and gave the stock an "overweight" rating in a research note on Thursday, February 5th. Weiss Ratings reissued a "buy (b)" rating on shares of Johnson Controls International in a report on Thursday, January 22nd. Finally, Citigroup lifted their target price on shares of Johnson Controls International from $129.00 to $139.00 and gave the stock a "neutral" rating in a research note on Thursday, February 5th. Twelve investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, Johnson Controls International has a consensus rating of "Moderate Buy" and an average target price of $135.00.

Johnson Controls International Company Profile

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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