Johnson Controls International plc $JCI Stock Position Cut by Comprehensive Financial Consultants Institutional Inc.

Key Points

• Comprehensive Financial Consultants Institutional Inc. reduced its stake in Johnson Controls International by 6.2%, owning 54,667 shares after selling 3,627 shares in the second quarter.
• In insider news, VP Daniel C. Mcconeghy sold 5,917 shares of the company, resulting in a 19.14% decrease in his position.
• Johnson Controls International recently declared a quarterly dividend of $0.40 per share, an increase from the previous $0.37, with a dividend yield of 1.5%.

Comprehensive Financial Consultants Institutional Inc. reduced its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 6.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 54,667 shares of the company's stock after selling 3,627 shares during the quarter. Johnson Controls International makes up about 1.9% of Comprehensive Financial Consultants Institutional Inc.'s holdings, making the stock its 6th biggest holding. Comprehensive Financial Consultants Institutional Inc.'s holdings in Johnson Controls International were worth $5,774,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Truvestments Capital LLC grew its position in shares of Johnson Controls International by 425.0% in the 1st quarter. Truvestments Capital LLC now owns 315 shares of the company's stock worth $25,000 after buying an additional 255 shares during the period. Accent Capital Management LLC purchased a new stake in shares of Johnson Controls International in the 1st quarter worth about $26,000. Cornerstone Planning Group LLC grew its position in shares of Johnson Controls International by 74.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 363 shares of the company's stock worth $28,000 after buying an additional 155 shares during the period. Activest Wealth Management grew its position in shares of Johnson Controls International by 56.4% in the 1st quarter. Activest Wealth Management now owns 369 shares of the company's stock worth $30,000 after buying an additional 133 shares during the period. Finally, Community Bank N.A. purchased a new stake in shares of Johnson Controls International in the 1st quarter worth about $32,000. Institutional investors own 90.05% of the company's stock.

Insider Transactions at Johnson Controls International

In other news, VP Daniel C. Mcconeghy sold 5,917 shares of the firm's stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total transaction of $625,604.41. Following the sale, the vice president owned 25,005 shares of the company's stock, valued at $2,643,778.65. This trade represents a 19.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Nathan D. Manning sold 1,422 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total transaction of $149,395.32. Following the sale, the vice president directly owned 139,459 shares in the company, valued at approximately $14,651,562.54. The trade was a 1.01% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 8,761 shares of company stock worth $922,447. Insiders own 0.54% of the company's stock.

Johnson Controls International Stock Performance

Shares of Johnson Controls International stock opened at $108.70 on Monday. The stock has a market cap of $71.13 billion, a price-to-earnings ratio of 32.25, a PEG ratio of 1.63 and a beta of 1.33. The firm's 50-day moving average is $106.78 and its 200 day moving average is $98.52. Johnson Controls International plc has a 1 year low of $68.03 and a 1 year high of $112.63. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.96 and a quick ratio of 0.81.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.99 by $0.06. The company had revenue of $6.05 billion for the quarter, compared to analysts' expectations of $5.99 billion. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. Johnson Controls International has set its FY 2025 guidance at 3.650-3.680 EPS. Q4 2025 guidance at 1.140-1.170 EPS. Sell-side analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International declared that its Board of Directors has authorized a stock buyback program on Friday, June 13th that allows the company to repurchase $9.00 billion in outstanding shares. This repurchase authorization allows the company to buy up to 13.4% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its shares are undervalued.

Johnson Controls International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Monday, September 22nd will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, September 22nd. This is a boost from Johnson Controls International's previous quarterly dividend of $0.37. Johnson Controls International's payout ratio is 47.48%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Wolfe Research upped their target price on shares of Johnson Controls International from $132.00 to $133.00 and gave the stock an "outperform" rating in a research report on Friday, September 12th. Robert W. Baird upped their target price on shares of Johnson Controls International from $90.00 to $110.00 and gave the stock a "neutral" rating in a research report on Thursday, July 17th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Johnson Controls International from $124.00 to $125.00 and gave the stock a "buy" rating in a research report on Thursday. Zacks Research upgraded shares of Johnson Controls International to a "hold" rating in a research note on Monday, August 11th. Finally, The Goldman Sachs Group upped their price target on shares of Johnson Controls International from $119.00 to $124.00 and gave the stock a "buy" rating in a research note on Monday, September 15th. Ten analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, Johnson Controls International has a consensus rating of "Moderate Buy" and an average price target of $109.00.

Johnson Controls International Company Profile

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.

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