Johnson Controls International plc $JCI Stake Lessened by Pictet Asset Management Holding SA

Key Points

• Pictet Asset Management trimmed its Johnson Controls stake by 18.3% in Q4, selling 650,488 shares and now owns 2,909,713 shares (about 0.48%) valued at roughly $348.53 million.
• Johnson Controls beat Q results (EPS $0.89 vs. $0.84 expected; revenue $5.80B vs. $5.64B) with revenue up 6.8% year‑over‑year and issued FY2026 guidance of 4.70 EPS.
• Analysts are mixed: the consensus rating is Hold with an average target of $137.05, though several firms raised targets (Citigroup to $150, Jefferies to $135, Mizuho to $130) while the stock trades near its 52‑week high.

Pictet Asset Management Holding SA reduced its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 18.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,909,713 shares of the company's stock after selling 650,488 shares during the quarter. Pictet Asset Management Holding SA owned about 0.48% of Johnson Controls International worth $348,529,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Facet Wealth Inc. acquired a new position in shares of Johnson Controls International in the 4th quarter worth approximately $217,000. ST Germain D J Co. Inc. grew its position in Johnson Controls International by 20.5% during the 4th quarter. ST Germain D J Co. Inc. now owns 947 shares of the company's stock worth $113,000 after purchasing an additional 161 shares in the last quarter. Sanctuary Advisors LLC boosted its position in shares of Johnson Controls International by 1.6% in the fourth quarter. Sanctuary Advisors LLC now owns 77,867 shares of the company's stock worth $9,325,000 after buying an additional 1,221 shares during the period. Advisors Capital Management LLC raised its position in Johnson Controls International by 3.2% during the fourth quarter. Advisors Capital Management LLC now owns 3,693 shares of the company's stock valued at $442,000 after buying an additional 116 shares during the period. Finally, Golden State Equity Partners boosted its position in Johnson Controls International by 2.8% during the 4th quarter. Golden State Equity Partners now owns 4,924 shares of the company's stock worth $590,000 after acquiring an additional 134 shares during the period. Institutional investors own 90.05% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Mizuho increased their target price on shares of Johnson Controls International from $120.00 to $130.00 and gave the stock a "neutral" rating in a research report on Thursday, February 5th. Weiss Ratings reissued a "buy (b)" rating on shares of Johnson Controls International in a research report on Thursday, January 22nd. Wall Street Zen downgraded Johnson Controls International from a "buy" rating to a "hold" rating in a research note on Saturday. Jefferies Financial Group upped their target price on Johnson Controls International from $125.00 to $135.00 and gave the stock a "hold" rating in a research report on Wednesday, April 15th. Finally, Citigroup boosted their price target on Johnson Controls International from $139.00 to $150.00 and gave the company a "neutral" rating in a research note on Monday, April 13th. Twelve investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Johnson Controls International currently has an average rating of "Hold" and a consensus target price of $137.05.

Johnson Controls International Trading Up 0.1%

Shares of JCI stock opened at $142.09 on Monday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.81 and a current ratio of 0.99. The firm has a fifty day moving average of $137.36 and a 200-day moving average of $124.50. Johnson Controls International plc has a 52-week low of $80.01 and a 52-week high of $146.49. The stock has a market cap of $86.97 billion, a price-to-earnings ratio of 26.76, a P/E/G ratio of 1.60 and a beta of 1.39.

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, topping analysts' consensus estimates of $0.84 by $0.05. Johnson Controls International had a return on equity of 17.15% and a net margin of 14.17%.The business had revenue of $5.80 billion during the quarter, compared to analysts' expectations of $5.64 billion. During the same period in the prior year, the firm posted $0.64 EPS. Johnson Controls International's quarterly revenue was up 6.8% compared to the same quarter last year. 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, equities research 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 company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Monday, March 16th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Johnson Controls International's dividend payout ratio (DPR) is presently 30.13%.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, Director Mark Vergnano acquired 7,665 shares of Johnson Controls International stock in a transaction on Thursday, February 5th. The shares were bought at an average price of $131.94 per share, with a total value of $1,011,320.10. Following the completion of the purchase, the director owned 37,602 shares in the company, valued at $4,961,207.88. This trade represents a 25.60% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Daniel C. Mcconeghy sold 3,600 shares of the firm's stock in a transaction on Monday, February 23rd. The shares were 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 owned 24,273 shares of the company's stock, valued at approximately $3,460,358.88. This trade represents a 12.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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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