Johnson Controls International plc $JCI Stock Sold by Park Avenue Securities LLC

Key Points

• Park Avenue Securities reduced its Johnson Controls position by 18.5% in the third quarter, selling 11,913 shares and retaining 52,432 shares valued at approximately $7.8 million.
• Johnson Controls reported better-than-expected quarterly results: adjusted EPS was $1.66 versus the $1.59 consensus, while revenue increased 10.4% year over year to $7.11 billion.
• Investor sentiment remains broadly positive, supported by record backlog and strong AI data-center demand; analysts give JCI a “Moderate Buy” consensus rating with an average price target of $166.86.

Park Avenue Securities LLC lowered its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 18.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,432 shares of the company's stock after selling 11,913 shares during the period. Park Avenue Securities LLC's holdings in Johnson Controls International were worth $7,794,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. First County Bank CT boosted its holdings in Johnson Controls International by 4.2% in the 3rd quarter. First County Bank CT now owns 1,699 shares of the company's stock valued at $253,000 after purchasing an additional 68 shares during the period. Natural Investments LLC increased its holdings in shares of Johnson Controls International by 2.5% in the second quarter. Natural Investments LLC now owns 3,008 shares of the company's stock worth $439,000 after purchasing an additional 72 shares during the period. Everhart Financial Group Inc. increased its holdings in shares of Johnson Controls International by 1.1% in the third quarter. Everhart Financial Group Inc. now owns 6,355 shares of the company's stock worth $945,000 after purchasing an additional 72 shares during the period. Baron Wealth Management LLC raised its position in shares of Johnson Controls International by 1.6% in the second quarter. Baron Wealth Management LLC now owns 4,705 shares of the company's stock worth $687,000 after buying an additional 75 shares in the last quarter. Finally, Kaufman Rossin Wealth LLC raised its position in shares of Johnson Controls International by 2.0% in the third quarter. Kaufman Rossin Wealth LLC now owns 3,845 shares of the company's stock worth $572,000 after buying an additional 75 shares in the last quarter. Institutional investors own 90.05% of the company's stock.

Johnson Controls International News Summary

Here are the key news stories impacting Johnson Controls International this week:

• Positive Sentiment: Results exceeded expectations: JCI reported fourth-quarter adjusted EPS of $1.66 versus the $1.59 consensus, while revenue rose 10.4% year over year to $7.11 billion, topping estimates. Adjusted EPS increased from $1.26 a year earlier. Johnson Controls Reports Q4 and FY26 Results
• Positive Sentiment: Strong forward demand: Organic orders jumped 44% and backlog reached a record $23 billion, up 43% organically. Management expects fiscal 2027 organic revenue growth of 11%-12% and adjusted EPS of $6.15-$6.30, above many prior expectations. Johnson Controls FY 2027 Outlook
• Positive Sentiment: Data-center strategy is attracting investor interest: JCI is shifting resources toward HVAC, thermal management and liquid-cooling systems for AI data centers, where demand is accelerating. The company plans approximately $900 million of fiscal 2027 capital spending to expand capacity. Johnson Controls Beats the Heat in AI Data Centers
• Positive Sentiment: Analyst targets moved higher: Bernstein raised its target to $194 from $190, while Robert W. Baird and Citigroup each raised targets to $172. Morgan Stanley reiterated a Buy rating with a $180 target. Bernstein Price Target Update

Analyst Ratings Changes

Several research firms recently issued reports on JCI. Mizuho lifted their price objective on Johnson Controls International from $150.00 to $165.00 and gave the company a "neutral" rating in a research note on Thursday, October 15th. Evercore set a $170.00 target price on Johnson Controls International in a research note on Wednesday. Royal Bank Of Canada raised their price target on Johnson Controls International from $161.00 to $165.00 and gave the company a "sector perform" rating in a report on Wednesday, October 14th. Deutsche Bank Aktiengesellschaft dropped their price target on Johnson Controls International from $180.00 to $178.00 and set a "buy" rating for the company in a research report on Wednesday, September 30th. Finally, Weiss Ratings raised Johnson Controls International from a "buy (b)" rating to a "buy (a)" rating in a report on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Johnson Controls International currently has an average rating of "Moderate Buy" and a consensus target price of $166.86.

Insider Activity at Johnson Controls International

In other news, VP Lei Schlitz sold 23,417 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $153.07, for a total transaction of $3,584,440.19. Following the transaction, the vice president directly owned 15,017 shares in the company, valued at approximately $2,298,652.19. This represents a 60.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.29% of the company's stock.

Johnson Controls International Stock Performance

NYSE JCI opened at $157.36 on Thursday. Johnson Controls International plc has a 52-week low of $108.41 and a 52-week high of $160.41. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.83 and a current ratio of 1.00. The company has a market capitalization of $95.32 billion, a P/E ratio of 27.37, a P/E/G ratio of 1.07 and a beta of 1.27. The company has a fifty day moving average of $146.99 and a 200-day moving average of $140.37.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its earnings results on Tuesday, October 27th. The company reported $1.66 EPS for the quarter, beating analysts' consensus estimates of $1.59 by $0.07. The business had revenue of $7.11 billion for the quarter, compared to analysts' expectations of $7.04 billion. Johnson Controls International had a return on equity of 22.11% and a net margin of 14.32%. The firm's revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.26 earnings per share. As a group, equities research analysts predict that Johnson Controls International plc will post 5.08 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Monday, September 21st were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Monday, September 21st. Johnson Controls International's dividend payout ratio is presently 27.83%.

Johnson Controls International Company Profile

Johnson Controls International plc NYSE: JCI is a global provider of building technology, products and services. The company helps customers design, operate and maintain efficient, healthy and secure buildings through solutions for heating, ventilation and air conditioning, building automation, energy management, fire detection and suppression, and physical security.

Its portfolio includes building controls and digital management platforms, HVAC equipment, chillers, air-handling systems, fire and security technologies, and related services.

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