Pure Financial Advisors LLC Invests $260,000 in Johnson Controls International plc $JCI

Key Points

• Pure Financial Advisors LLC has invested approximately $260,000 in Johnson Controls International plc, acquiring 2,461 shares during the 2nd quarter of the year.
• Johnson Controls International recently announced a quarterly dividend of $0.40 per share, marking an increase from the previous $0.37 per share and reflecting a 1.5% yield for shareholders.
• The company has a robust market cap of $71.13 billion and reported a quarterly revenue of $6.05 billion, beating analyst estimates.

Pure Financial Advisors LLC acquired a new stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 2,461 shares of the company's stock, valued at approximately $260,000.

Several other institutional investors have also bought and sold shares of the business. Grove Bank & Trust lifted its holdings in Johnson Controls International by 3.5% during the 2nd quarter. Grove Bank & Trust now owns 3,117 shares of the company's stock valued at $329,000 after buying an additional 106 shares in the last quarter. TIAA Trust National Association lifted its position in shares of Johnson Controls International by 1.0% in the 1st quarter. TIAA Trust National Association now owns 11,339 shares of the company's stock worth $908,000 after purchasing an additional 115 shares during the period. Strategic Blueprint LLC boosted its stake in shares of Johnson Controls International by 4.3% during the first quarter. Strategic Blueprint LLC now owns 2,980 shares of the company's stock valued at $239,000 after purchasing an additional 123 shares in the last quarter. Sowell Financial Services LLC increased its holdings in Johnson Controls International by 4.6% during the second quarter. Sowell Financial Services LLC now owns 2,820 shares of the company's stock valued at $298,000 after buying an additional 123 shares during the period. Finally, HighPoint Advisor Group LLC raised its stake in Johnson Controls International by 1.4% in the first quarter. HighPoint Advisor Group LLC now owns 8,976 shares of the company's stock worth $739,000 after buying an additional 124 shares in the last quarter. Institutional investors own 90.05% of the company's stock.

Johnson Controls International Stock Up 0.0%

Johnson Controls International stock opened at $108.70 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.50. The firm has a market cap of $71.13 billion, a price-to-earnings ratio of 32.25, a price-to-earnings-growth ratio of 1.64 and a beta of 1.33. The business's 50-day moving average price is $106.78 and its 200 day moving average price is $98.41. Johnson Controls International plc has a 52 week low of $68.03 and a 52 week high of $112.63.

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

Johnson Controls International Increases Dividend

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

Johnson Controls International declared that its Board of Directors has approved a share repurchase plan on Friday, June 13th that allows the company to repurchase $9.00 billion in outstanding shares. This repurchase authorization allows the company to purchase up to 13.4% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on JCI. Royal Bank Of Canada lifted their price target on Johnson Controls International from $112.00 to $114.00 and gave the company a "sector perform" rating in a report on Wednesday, July 30th. Citigroup boosted their target price on shares of Johnson Controls International from $110.00 to $112.00 and gave the stock a "neutral" rating in a report on Wednesday, July 30th. Jefferies Financial Group reissued a "hold" rating and set a $120.00 price target on shares of Johnson Controls International in a research report on Thursday, July 24th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Johnson Controls International from $124.00 to $125.00 and gave the stock a "buy" rating in a research report on Thursday. Finally, The Goldman Sachs Group increased their target price on shares of Johnson Controls International from $119.00 to $124.00 and gave the company a "buy" rating in a research report on Monday, September 15th. Ten research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $109.00.

Insider Buying and Selling

In related news, VP Nathan D. Manning sold 1,422 shares of the business's 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 completion of the transaction, the vice president directly owned 139,459 shares of the company's stock, valued at $14,651,562.54. The trade was a 1.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the firm's 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 sale, the vice president owned 25,005 shares in the company, valued at $2,643,778.65. The trade was a 19.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,761 shares of company stock worth $922,447 over the last quarter. 0.54% of the stock is currently owned by insiders.

About Johnson Controls International

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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