Johnson Controls International plc $JCI Shares Sold by Rempart Asset Management Inc.

Key Points

• Rempart Asset Management trimmed its Johnson Controls stake by 8.3%, selling 20,315 shares and leaving 224,843 shares worth about $26.93M (roughly 5.1% of Rempart’s portfolio and its 7th-largest holding).
• Johnson Controls beat quarterly expectations with $0.89 EPS (vs. $0.84) and $5.80B revenue (vs. $5.64B) and set FY2026 guidance at about 4.70 EPS; analysts’ consensus is a "Moderate Buy" with an average target of $135.53.
• Insider selling was reported (two VPs sold a combined 9,650 shares), while institutional investors own about 90.05% of the company and insider ownership stands at 0.29%.

Rempart Asset Management Inc. cut its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 8.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 224,843 shares of the company's stock after selling 20,315 shares during the period. Johnson Controls International makes up approximately 5.1% of Rempart Asset Management Inc.'s investment portfolio, making the stock its 7th largest position. Rempart Asset Management Inc.'s holdings in Johnson Controls International were worth $26,925,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. State Street Corp increased its holdings in shares of Johnson Controls International by 0.6% during the third quarter. State Street Corp now owns 28,684,645 shares of the company's stock worth $3,165,286,000 after purchasing an additional 163,167 shares during the period. Fisher Asset Management LLC boosted its stake in shares of Johnson Controls International by 2.1% in 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 buying an additional 354,266 shares during the period. Capital World Investors grew its position in Johnson Controls International by 0.3% during the third quarter. Capital World Investors now owns 7,535,476 shares of the company's stock worth $828,526,000 after buying an additional 19,550 shares in the last quarter. Norges Bank bought a new position in Johnson Controls International during the 2nd quarter worth $795,325,000. Finally, Northern Trust Corp raised its holdings in Johnson Controls International by 1.1% in the 3rd quarter. Northern Trust Corp now owns 6,907,287 shares of the company's stock valued at $759,456,000 after acquiring an additional 72,917 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Citigroup increased their target price on Johnson Controls International from $129.00 to $139.00 and gave the stock a "neutral" rating in a report on Thursday, February 5th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $154.00 price objective on shares of Johnson Controls International in a research report on Thursday, February 5th. Weiss Ratings reiterated a "buy (b)" rating on shares of Johnson Controls International in a research note on Thursday, January 22nd. Robert W. Baird set a $132.00 target price on shares of Johnson Controls International in a research report on Thursday, February 5th. Finally, Melius Research set a $148.00 price target on shares of Johnson Controls International in a report on Wednesday, January 7th. Twelve investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, Johnson Controls International presently has a consensus rating of "Moderate Buy" and an average target price of $135.53.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, 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 value of $816,145.00. Following the sale, the vice president owned 34,836 shares in the company, valued at $4,699,376.40. This trade represents a 14.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 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 transaction of $513,216.00. Following the sale, the vice president directly owned 24,273 shares in the company, 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 insiders.

Johnson Controls International Price Performance

Shares of JCI stock opened at $137.52 on Thursday. The business has a fifty day simple moving average of $131.68 and a 200 day simple moving average of $119.90. The company has a market cap of $84.17 billion, a P/E ratio of 25.90, a P/E/G ratio of 1.54 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 twelve month low of $68.03 and a twelve month high of $146.49.

Johnson Controls International (NYSE:JCI - Get Free Report) last released 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 firm had revenue of $5.80 billion for the quarter, compared to analysts' expectations of $5.64 billion. Johnson Controls International had a return on equity of 17.15% and a net margin of 14.17%.The business's revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. On average, sell-side analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

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

Johnson Controls International 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.

Want to see what other hedge funds are holding JCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Johnson Controls International plc (NYSE:JCI - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.