Principal Financial Group Inc. Sells 25,795 Shares of Johnson Controls International plc $JCI

Key Points

• Principal Financial Group reduced its stake in Johnson Controls International by 3.6% in the fourth quarter, selling 25,795 shares and leaving it with 694,965 shares valued at about $83.2 million.
• Johnson Controls beat earnings expectations in its latest quarter, reporting EPS of $1.19 versus $1.12 expected and revenue of $6.14 billion, while also raising its FY 2026 EPS guidance to $4.85.
• The company’s outlook has been supported by strong demand tied to AI/data-center cooling, with backlog reaching $20.0 billion and analysts generally positive, though the consensus rating remains Hold.

Principal Financial Group Inc. trimmed its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 3.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 694,965 shares of the company's stock after selling 25,795 shares during the period. Principal Financial Group Inc. owned approximately 0.11% of Johnson Controls International worth $83,222,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Viking Global Investors LP lifted its holdings in shares of Johnson Controls International by 368.5% during the 3rd quarter. Viking Global Investors LP now owns 6,796,942 shares of the company's stock valued at $747,324,000 after buying an additional 5,346,130 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of Johnson Controls International by 140.8% in the second quarter. Ameriprise Financial Inc. now owns 4,575,414 shares of the company's stock worth $483,281,000 after acquiring an additional 2,675,157 shares during the period. Nordea Investment Management AB increased its position in Johnson Controls International by 1,545.8% during the third quarter. Nordea Investment Management AB now owns 2,134,324 shares of the company's stock valued at $232,705,000 after acquiring an additional 2,004,643 shares during the last quarter. First Trust Advisors LP increased its position in Johnson Controls International by 23.3% during the third quarter. First Trust Advisors LP now owns 3,519,724 shares of the company's stock valued at $386,994,000 after acquiring an additional 665,782 shares during the last quarter. Finally, Man Group plc lifted its holdings in Johnson Controls International by 148.1% in the second quarter. Man Group plc now owns 832,921 shares of the company's stock valued at $87,973,000 after acquiring an additional 497,221 shares during the period. Institutional investors own 90.05% of the company's stock.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 3,600 shares of the company's stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $142.56, for a total value of $513,216.00. Following the completion of the transaction, the vice president directly owned 24,273 shares in the company, valued at $3,460,358.88. This represents a 12.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.29% of the stock is currently owned by insiders.

Johnson Controls International Stock Performance

Shares of JCI opened at $139.37 on Friday. The business has a 50-day simple moving average of $137.47 and a two-hundred day simple moving average of $126.21. The company has a quick ratio of 0.81, a current ratio of 1.04 and a debt-to-equity ratio of 0.64. Johnson Controls International plc has a 52 week low of $90.35 and a 52 week high of $147.32. The stock has a market cap of $85.31 billion, a price-to-earnings ratio of 24.93, a PEG ratio of 1.62 and a beta of 1.37.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $1.19 earnings per share for the quarter, beating analysts' consensus estimates of $1.12 by $0.07. The firm had revenue of $6.14 billion for the quarter, compared to analysts' expectations of $6.08 billion. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%.The business's quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.82 EPS. Johnson Controls International has set its Q3 2026 guidance at 1.280-1.280 EPS and its FY 2026 guidance at 4.850-4.850 EPS. On average, analysts expect that Johnson Controls International plc will post 4.75 EPS for the current year.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 16th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $1.60 annualized dividend and a yield of 1.1%. Johnson Controls International's payout ratio is currently 30.13%.

Wall Street Analyst Weigh In

JCI has been the subject of a number of recent research reports. Wall Street Zen upgraded Johnson Controls International from a "hold" rating to a "buy" rating in a research note on Sunday, May 3rd. Wells Fargo & Company increased their price objective on shares of Johnson Controls International from $145.00 to $160.00 and gave the stock an "overweight" rating in a research note on Thursday. Jefferies Financial Group raised their price objective on shares of Johnson Controls International from $125.00 to $135.00 and gave the stock a "hold" rating in a report on Wednesday, April 15th. Mizuho upped their target price on shares of Johnson Controls International from $130.00 to $140.00 and gave the company a "neutral" rating in a report on Thursday. Finally, Morgan Stanley upped their target price on shares of Johnson Controls International from $130.00 to $140.00 and gave the company an "overweight" rating in a report on Wednesday, March 11th. Eleven investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Johnson Controls International presently has an average rating of "Hold" and a consensus target price of $146.95.

Key Headlines Impacting Johnson Controls International

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

• Positive Sentiment: Q2 beat and raised FY26 guidance — JCI reported adjusted EPS of $1.19 (vs. $1.12 est.), revenue growth ~8% y/y and raised FY26 adj. EPS to $4.85, driven by HVAC, services and strong orders; management also set Q3 guidance inline with expectations. Press Release
• Positive Sentiment: Record backlog and AI/data‑center demand — backlog hit $20.0B (+26% organically) as large data‑center cooling orders related to AI drove order growth and prompted management to lift its profit outlook. Reuters
• Positive Sentiment: Analysts raising targets/forecasts — Several firms bumped estimates and price targets after the quarter (UBS to $170, Wells Fargo to $160) and analysts are increasing earnings forecasts on stronger sales and backlog. UBS / TickerReport
• Neutral Sentiment: Mizuho moved its PT to $140 and kept a neutral rating — a modest change that implies limited upside from current levels and reflects some analyst caution. TickerReport
• Negative Sentiment: Market reaction: shares slipped despite the beat — commentary highlighted margin pressure and macro risks (costs, potentially uneven end markets), which contributed to the intraday pullback. MSN

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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