QRG Capital Management Inc. Reduces Position in Johnson Controls International plc $JCI

Key Points

• QRG Capital Management trimmed its stake in Johnson Controls by 10.3% in Q4, selling 25,461 shares and leaving it with 221,254 shares valued at about $26.5 million.
• Johnson Controls beat Q4 estimates with $0.89 EPS (vs. $0.84 expected) and $5.80B revenue (vs. $5.64B), raised FY2026 guidance to an EPS of 4.70, and saw revenue rise 6.8% year‑over‑year.
• Institutional ownership is very high at 90.05%, with large managers like Robeco and Nordea substantially increasing positions, while insiders showed mixed activity (a VP sold shares and a director bought shares); insiders now own 0.29%.

QRG Capital Management Inc. cut its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 10.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 221,254 shares of the company's stock after selling 25,461 shares during the quarter. QRG Capital Management Inc.'s holdings in Johnson Controls International were worth $26,495,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Robeco Institutional Asset Management B.V. grew its stake in Johnson Controls International by 9.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,466,780 shares of the company's stock worth $161,272,000 after buying an additional 122,134 shares during the last quarter. Nordea Investment Management AB grew its stake in Johnson Controls International by 1,545.8% during the 3rd quarter. Nordea Investment Management AB now owns 2,134,324 shares of the company's stock worth $232,705,000 after buying an additional 2,004,643 shares during the last quarter. Regents Gate Capital LLP grew its stake in Johnson Controls International by 17.4% during the 3rd quarter. Regents Gate Capital LLP now owns 86,144 shares of the company's stock worth $9,472,000 after buying an additional 12,774 shares during the last quarter. MGO One Seven LLC grew its stake in Johnson Controls International by 573.4% during the 3rd quarter. MGO One Seven LLC now owns 62,624 shares of the company's stock worth $6,886,000 after buying an additional 53,325 shares during the last quarter. Finally, Bright Futures Wealth Management LLC. acquired a new stake in Johnson Controls International during the 3rd quarter worth approximately $583,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Johnson Controls International Stock Performance

Shares of JCI stock opened at $144.60 on Tuesday. The stock has a fifty day moving average price of $137.54 and a 200 day moving average price of $125.52. The stock has a market cap of $88.50 billion, a PE ratio of 27.23, a P/E/G ratio of 1.64 and a beta of 1.37. Johnson Controls International plc has a 1 year low of $87.31 and a 1 year high of $146.90. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.81 and a current ratio of 0.99.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.05. The firm had revenue of $5.80 billion during the quarter, compared to analysts' expectations of $5.64 billion. Johnson Controls International had a return on equity of 17.15% and a net margin of 14.17%.Johnson Controls International's revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm 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. Sell-side analysts forecast that Johnson Controls International plc will post 4.75 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Investors 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%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. The Goldman Sachs Group increased their price objective on Johnson Controls International from $154.00 to $158.00 and gave the stock a "buy" rating in a research report on Tuesday, April 7th. Melius Research set a $148.00 price objective on Johnson Controls International in a research report on Wednesday, January 7th. Morgan Stanley increased their price objective on Johnson Controls International from $130.00 to $140.00 and gave the stock an "overweight" rating in a research report on Wednesday, March 11th. Citigroup increased their price objective on Johnson Controls International from $139.00 to $150.00 and gave the stock a "neutral" rating in a research report on Monday, April 13th. Finally, Evercore assumed coverage on Johnson Controls International in a research report on Monday, April 13th. They set a "hold" rating and a $155.00 price objective for the company. Twelve analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $137.81.

Insider Buying and Selling

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 3,600 shares of the firm's stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $142.56, for a total transaction of $513,216.00. Following the completion of the transaction, the vice president owned 24,273 shares of the company's stock, valued at approximately $3,460,358.88. This trade represents a 12.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Mark Vergnano purchased 7,665 shares of the company's stock in a transaction on Thursday, February 5th. The shares were bought at an average cost of $131.94 per share, with a total value of $1,011,320.10. Following the transaction, the director directly owned 37,602 shares of the company's stock, valued at $4,961,207.88. This represents a 25.60% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.29% of the stock is currently owned by insiders.

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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