Lee Johnson Capital Management LLC Invests $782,000 in Johnson Controls International plc $JCI

Key Points

• Lee Johnson Capital Management LLC has invested approximately $782,000 in Johnson Controls International plc, acquiring 7,401 shares during the second quarter.
• In the first quarter, multiple institutional investors significantly increased their stakes in Johnson Controls International, with 90.05% of the company's stock now owned by institutional investors and hedge funds.
• Johnson Controls International has boosted its quarterly dividend to $0.40 per share, up from $0.37, representing an annual yield of 1.5%.

Lee Johnson Capital Management LLC acquired a new position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,401 shares of the company's stock, valued at approximately $782,000.

Other large investors also recently modified their holdings of the company. Truvestments Capital LLC boosted its stake in shares of Johnson Controls International by 425.0% during 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 last quarter. Accent Capital Management LLC acquired a new position in shares of Johnson Controls International during the 1st quarter worth about $26,000. Cornerstone Planning Group LLC boosted its stake in shares of Johnson Controls International by 74.5% during 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 last quarter. Activest Wealth Management boosted its stake in shares of Johnson Controls International by 56.4% during 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 last quarter. Finally, Community Bank N.A. acquired a new position in shares of Johnson Controls International during the 1st quarter worth about $32,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, VP Daniel C. Mcconeghy sold 5,917 shares of Johnson Controls International stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total transaction of $625,604.41. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total transaction of $149,395.32. Following the transaction, the vice president directly owned 139,459 shares of the company's stock, valued at $14,651,562.54. This represents a 1.01% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,761 shares of company stock valued at $922,447 in the last three months. 0.54% of the stock is owned by insiders.

Johnson Controls International Price Performance

Shares of NYSE JCI opened at $108.12 on Tuesday. Johnson Controls International plc has a twelve month low of $68.03 and a twelve month high of $112.63. The firm has a fifty day simple moving average of $106.86 and a 200 day simple moving average of $97.77. The company has a market capitalization of $70.75 billion, a PE ratio of 32.08, a P/E/G ratio of 1.90 and a beta of 1.31. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.50.

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

Johnson Controls International announced that its board has authorized a stock repurchase plan on Friday, June 13th that authorizes the company to repurchase $9.00 billion in shares. This repurchase authorization authorizes the company to purchase up to 13.4% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its stock is undervalued.

Johnson Controls International Increases Dividend

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

Analyst Ratings Changes

A number of equities analysts have recently commented on JCI shares. Robert W. Baird increased their price objective on shares of Johnson Controls International from $90.00 to $110.00 and gave the stock a "neutral" rating in a research note on Thursday, July 17th. Royal Bank Of Canada upped their target price on shares of Johnson Controls International from $112.00 to $114.00 and gave the company a "sector perform" rating in a report on Wednesday, July 30th. The Goldman Sachs Group upped their target price on shares of Johnson Controls International from $119.00 to $124.00 and gave the company a "buy" rating in a report on Monday, September 15th. Wells Fargo & Company upped their target price on shares of Johnson Controls International from $100.00 to $130.00 and gave the company an "overweight" rating in a report on Wednesday, June 4th. Finally, Jefferies Financial Group reaffirmed a "hold" rating and issued a $120.00 target price on shares of Johnson Controls International in a report on Thursday, July 24th. Nine equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, Johnson Controls International currently has an average rating of "Hold" and a consensus price target of $108.28.

Johnson Controls International 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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