Trivium Point Advisory LLC Invests $268,000 in Johnson Controls International plc $JCI

Key Points

• Trivium Point Advisory LLC has invested approximately $268,000 in Johnson Controls International plc (NYSE:JCI) by acquiring 2,536 shares in the second quarter.
• Johnson Controls has announced a quarterly dividend increase to $0.40 per share, up from $0.37, representing an annualized dividend yield of 1.5%.
• Analyst ratings for JCI include several upgrades and downgrades, with Citigroup raising the target price to $112.00 while maintaining a "neutral" rating.

Trivium Point Advisory LLC bought a new position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,536 shares of the company's stock, valued at approximately $268,000.

Several other hedge funds also recently made changes to their positions in JCI. Nuveen LLC acquired a new position in Johnson Controls International during the first quarter valued at approximately $219,110,000. AQR Capital Management LLC raised its holdings in shares of Johnson Controls International by 747.6% during the 1st quarter. AQR Capital Management LLC now owns 2,034,060 shares of the company's stock worth $159,186,000 after buying an additional 1,794,089 shares in the last quarter. Alkeon Capital Management LLC acquired a new position in shares of Johnson Controls International during the 1st quarter worth $112,154,000. Voya Investment Management LLC lifted its position in shares of Johnson Controls International by 637.1% during the 1st quarter. Voya Investment Management LLC now owns 1,567,576 shares of the company's stock worth $125,578,000 after buying an additional 1,354,912 shares during the last quarter. Finally, Amundi lifted its position in shares of Johnson Controls International by 22.2% during the 1st quarter. Amundi now owns 4,731,377 shares of the company's stock worth $366,412,000 after buying an additional 860,899 shares during the last quarter. 90.05% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

JCI has been the subject of several research analyst reports. Citigroup boosted their target price on Johnson Controls International from $110.00 to $112.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 30th. Oppenheimer lowered shares of Johnson Controls International from an "outperform" rating to a "market perform" rating in a report on Friday, June 20th. Zacks Research raised shares of Johnson Controls International to a "hold" rating in a report on Monday, August 11th. Robert W. Baird lifted their price target on shares of Johnson Controls International from $90.00 to $110.00 and gave the company a "neutral" rating in a report on Thursday, July 17th. Finally, Jefferies Financial Group reaffirmed a "hold" rating and set a $120.00 target price on shares of Johnson Controls International in a research note on Thursday, July 24th. Nine analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $108.28.

Johnson Controls International Stock Down 0.9%

Shares of NYSE:JCI opened at $108.92 on Thursday. The company has a fifty day moving average of $106.87 and a 200-day moving average of $97.93. The company has a market capitalization of $71.28 billion, a PE ratio of 32.32, a price-to-earnings-growth ratio of 1.96 and a beta of 1.33. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.81 and a current ratio of 0.96. 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 (EPS) for the quarter, topping the consensus estimate 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 company 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, equities analysts predict that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Increases Dividend

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

Johnson Controls International announced that its Board of Directors has authorized a stock repurchase program on Friday, June 13th that allows the company to repurchase $9.00 billion in outstanding shares. This repurchase authorization allows the company to reacquire up to 13.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

Insider Buying and Selling at Johnson Controls International

In related news, VP Nathan D. Manning sold 1,422 shares of the business's stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total value of $149,395.32. Following the sale, the vice president owned 139,459 shares of the company's stock, valued at $14,651,562.54. The trade was a 1.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the business's stock in a transaction on Wednesday, September 3rd. The stock was 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 directly owned 25,005 shares in the company, valued at approximately $2,643,778.65. This represents a 19.14% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 8,761 shares of company stock worth $922,447. 0.54% of the stock is currently owned by insiders.

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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