Korea Investment CORP Increases Stake in Johnson Controls International plc $JCI

Key Points

• Korea Investment CORP boosted its stake in Johnson Controls by 33.1% in Q3 to 678,419 shares (about 0.10% ownership) valued at roughly $74.6 million.
• Insider activity was mixed: Director Mark Vergnano bought 7,665 shares at $131.94 (~$1.01M) while VP Todd M. Grabowski sold 6,050 shares at $134.90 (~$816k).
• Johnson Controls beat quarterly estimates (EPS $0.89 vs $0.84; revenue $5.80B vs $5.64B), issued FY2026 EPS guidance of 4.70, received several analyst upgrades (JPMorgan raised its target to $158), and carries a consensus rating of Moderate Buy with an average target of $135; the company also declared a $0.40 quarterly dividend (1.2% yield).

Korea Investment CORP boosted its holdings in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 33.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 678,419 shares of the company's stock after buying an additional 168,789 shares during the quarter. Korea Investment CORP owned 0.10% of Johnson Controls International worth $74,592,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. MTM Investment Management LLC purchased a new stake in shares of Johnson Controls International during the second quarter worth $32,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Johnson Controls International in the second quarter valued at $34,000. Physician Wealth Advisors Inc. boosted its holdings in Johnson Controls International by 62.8% in the third quarter. Physician Wealth Advisors Inc. now owns 319 shares of the company's stock valued at $35,000 after purchasing an additional 123 shares during the period. Dunhill Financial LLC boosted its holdings in Johnson Controls International by 123.3% in the third quarter. Dunhill Financial LLC now owns 335 shares of the company's stock valued at $37,000 after purchasing an additional 185 shares during the period. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in Johnson Controls International during the 2nd quarter worth $42,000. Hedge funds and other institutional investors own 90.05% of the company's stock.

Insider Activity

In related news, Director Mark Vergnano purchased 7,665 shares of Johnson Controls International stock in a transaction dated Thursday, February 5th. The stock was bought at an average cost of $131.94 per share, for a total transaction of $1,011,320.10. Following the transaction, the director owned 37,602 shares in the company, valued at approximately $4,961,207.88. The trade was a 25.60% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Todd M. Grabowski sold 6,050 shares of Johnson Controls International stock in a transaction on Friday, February 6th. The stock was sold at an average price of $134.90, for a total value of $816,145.00. Following the transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.29% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Melius Research set a $148.00 price target on Johnson Controls International in a report on Wednesday, January 7th. Wall Street Zen upgraded Johnson Controls International from a "hold" rating to a "buy" rating in a research note on Saturday, February 7th. JPMorgan Chase & Co. boosted their price objective on Johnson Controls International from $138.00 to $158.00 and gave the stock an "overweight" rating in a research report on Friday, February 6th. Barclays upped their target price on shares of Johnson Controls International from $125.00 to $136.00 and gave the stock an "equal weight" rating in a research note on Thursday, February 5th. Finally, HSBC lifted their price target on shares of Johnson Controls International from $79.00 to $127.00 and gave the stock a "hold" rating in a research note on Monday, November 24th. Twelve research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, Johnson Controls International presently has a consensus rating of "Moderate Buy" and an average price target of $135.00.

Johnson Controls International Trading Down 3.1%

NYSE:JCI opened at $132.87 on Monday. The company has a market capitalization of $81.33 billion, a PE ratio of 25.02, a P/E/G ratio of 1.50 and a beta of 1.38. Johnson Controls International plc has a 52-week low of $68.03 and a 52-week high of $146.49. The stock's 50 day moving average price is $127.26 and its 200 day moving average price is $117.59. 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 (NYSE:JCI - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.84 by $0.05. The company 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%. Johnson Controls International's quarterly revenue was up 6.8% on a year-over-year basis. During the same period 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, research analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Monday, March 16th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, March 16th. Johnson Controls International's dividend payout ratio (DPR) is currently 30.13%.

Johnson Controls International Company 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.

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