Meiji Yasuda Asset Management Co Ltd. Acquires 26,705 Shares of Johnson Controls International plc $JCI

Key Points

• Meiji Yasuda Asset Management increased its stake in Johnson Controls by 183.2%, buying 26,705 shares in the quarter to hold 41,283 shares worth about $4.54 million.
• Johnson Controls beat expectations with Q results of $0.89 EPS versus $0.84 consensus and $5.80B revenue, set FY 2026 guidance at 4.70 EPS, and has seen several analysts raise price targets toward an overall "Moderate Buy" consensus.
• The company announced a quarterly dividend of $0.40 per share (annualized $1.60), payable April 10 with a yield of about 1.2% and a payout ratio near 30%.

Meiji Yasuda Asset Management Co Ltd. raised its holdings in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 183.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 41,283 shares of the company's stock after buying an additional 26,705 shares during the period. Meiji Yasuda Asset Management Co Ltd.'s holdings in Johnson Controls International were worth $4,539,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in JCI. Brighton Jones LLC purchased a new stake in shares of Johnson Controls International in the 4th quarter worth $222,000. Acadian Asset Management LLC bought a new stake in Johnson Controls International during the first quarter valued at about $55,000. Sivia Capital Partners LLC increased its position in Johnson Controls International by 83.3% in the second quarter. Sivia Capital Partners LLC now owns 7,049 shares of the company's stock worth $745,000 after buying an additional 3,203 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of Johnson Controls International in the second quarter worth about $204,000. Finally, Modera Wealth Management LLC purchased a new position in shares of Johnson Controls International during the 2nd quarter valued at about $240,000. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Price Performance

JCI stock opened at $132.87 on Monday. Johnson Controls International plc has a 52 week low of $68.03 and a 52 week high of $146.49. The firm has a market capitalization of $81.33 billion, a P/E ratio of 25.02, a price-to-earnings-growth ratio of 1.50 and a beta of 1.38. The company has a fifty day simple moving average of $127.26 and a two-hundred day simple moving average of $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 earnings results on Wednesday, February 4th. The company reported $0.89 earnings per share for the quarter, topping analysts' consensus estimates of $0.84 by $0.05. The firm had revenue of $5.80 billion for the quarter, compared to the consensus estimate of $5.64 billion. Johnson Controls International had a net margin of 14.17% and a return on equity of 17.15%. The business's quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.64 EPS. 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. Analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Monday, March 16th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Monday, March 16th. Johnson Controls International's payout ratio is presently 30.13%.

Analyst Ratings Changes

A number of research analysts recently issued reports on JCI shares. JPMorgan Chase & Co. boosted their price objective on Johnson Controls International from $138.00 to $158.00 and gave the company an "overweight" rating in a research note on Friday, February 6th. Wolfe Research lifted their target price on shares of Johnson Controls International from $149.00 to $161.00 and gave the company an "outperform" rating in a research note on Friday, February 27th. Barclays boosted their price objective on Johnson Controls International from $125.00 to $136.00 and gave the company an "equal weight" rating in a research report on Thursday, February 5th. Weiss Ratings reiterated a "buy (b)" rating on shares of Johnson Controls International in a report on Thursday, January 22nd. Finally, Robert W. Baird set a $132.00 target price on Johnson Controls International in a research report on Thursday, February 5th. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $135.00.

Insiders Place Their Bets

In related news, Director Mark Vergnano acquired 7,665 shares of the firm's stock in a transaction on Thursday, February 5th. The shares were acquired at an average cost of $131.94 per share, for a total transaction of $1,011,320.10. Following the completion of the transaction, the director directly owned 37,602 shares in the company, valued at approximately $4,961,207.88. This trade represents a 25.60% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Todd M. Grabowski sold 6,050 shares of the firm's stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $134.90, for a total value of $816,145.00. Following the completion of the sale, the vice president directly owned 34,836 shares of the company's stock, valued at $4,699,376.40. The trade was a 14.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.29% of the stock is currently owned by insiders.

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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