Johnson Controls International plc $JCI Shares Sold by M&T Bank Corp

Key Points

• M&T Bank Corp cut its stake in Johnson Controls by 80.9%, selling 640,688 shares in Q4 and retaining 151,435 shares valued at about $18.13 million.
• Johnson Controls beat Q4 estimates with $0.89 EPS (vs. $0.84) and $5.80B revenue (vs. $5.64B), and issued FY 2026 guidance of 4.70 EPS (Q2 guidance 1.11 EPS).
• Institutional ownership is ~90.05%; Nordea added roughly 2.13M shares while analysts' consensus is a "Hold" with an average price target of $137.05.

M&T Bank Corp decreased its holdings in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 80.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 151,435 shares of the company's stock after selling 640,688 shares during the quarter. M&T Bank Corp's holdings in Johnson Controls International were worth $18,134,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Robeco Institutional Asset Management B.V. lifted its position in Johnson Controls International by 9.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,466,780 shares of the company's stock worth $161,272,000 after acquiring an additional 122,134 shares in the last quarter. Nordea Investment Management AB lifted its position in Johnson Controls International by 1,545.8% during the 3rd quarter. Nordea Investment Management AB now owns 2,134,324 shares of the company's stock worth $232,705,000 after acquiring an additional 2,004,643 shares in the last quarter. Regents Gate Capital LLP lifted its position in Johnson Controls International by 17.4% during the 3rd quarter. Regents Gate Capital LLP now owns 86,144 shares of the company's stock worth $9,472,000 after acquiring an additional 12,774 shares in the last quarter. MGO One Seven LLC lifted its position in Johnson Controls International by 573.4% during the 3rd quarter. MGO One Seven LLC now owns 62,624 shares of the company's stock worth $6,886,000 after acquiring an additional 53,325 shares in the last quarter. Finally, Bright Futures Wealth Management LLC. acquired a new position in Johnson Controls International during the 3rd quarter worth approximately $583,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International Stock Performance

Shares of Johnson Controls International stock opened at $141.85 on Friday. The firm has a market cap of $86.82 billion, a PE ratio of 26.71, a price-to-earnings-growth ratio of 1.58 and a beta of 1.39. The firm's 50-day simple moving average is $137.30 and its 200-day simple moving average is $124.05. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.81 and a current ratio of 0.99. Johnson Controls International plc has a 1 year low of $77.99 and a 1 year high of $146.49.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued its earnings results on Wednesday, February 4th. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.84 by $0.05. The business 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 company's revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter 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. Equities analysts forecast that Johnson Controls International plc will post 4.74 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on JCI shares. Morgan Stanley boosted their price objective on shares of Johnson Controls International from $130.00 to $140.00 and gave the stock an "overweight" rating in a report on Wednesday, March 11th. Weiss Ratings reiterated a "buy (b)" rating on shares of Johnson Controls International in a report on Thursday, January 22nd. Jefferies Financial Group boosted their price objective on shares of Johnson Controls International from $125.00 to $135.00 and gave the stock a "hold" rating in a report on Wednesday, April 15th. Citigroup boosted their price objective on shares of Johnson Controls International from $139.00 to $150.00 and gave the stock a "neutral" rating in a report on Monday, April 13th. Finally, Melius Research set a $148.00 target price on Johnson Controls International in a research report on Wednesday, January 7th. Twelve research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Johnson Controls International currently has an average rating of "Hold" and an average price target of $137.05.

Insider Activity

In related news, VP Todd M. Grabowski sold 6,050 shares of the company's stock in a transaction that occurred 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 sale, the vice president directly owned 34,836 shares of the company's stock, valued at approximately $4,699,376.40. This represents a 14.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Mark Vergnano purchased 7,665 shares of the company's stock in a transaction that occurred on Thursday, February 5th. The shares were purchased at an average cost of $131.94 per share, for a total transaction of $1,011,320.10. Following the completion of the transaction, the director owned 37,602 shares in the company, valued at approximately $4,961,207.88. This represents a 25.60% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.29% of the company's stock.

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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