Valeo Financial Advisors LLC Has $134.70 Million Stake in Johnson Controls International plc $JCI

Key Points

• Valeo Financial Advisors LLC dramatically increased its stake in Johnson Controls International plc by 16,575.7% in Q2, now owning approximately 0.19% of the company valued at $134.70 million.
• Johnson Controls International reported $1.05 EPS for the last quarter, exceeding analysts' expectations, and set FY 2025 guidance at 3.650-3.680 EPS.
• The company has initiated a $9 billion stock repurchase plan, allowing for the buyback of up to 13.4% of its outstanding shares, indicating confidence in its stock value.

Valeo Financial Advisors LLC grew its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 16,575.7% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 1,275,357 shares of the company's stock after buying an additional 1,267,709 shares during the period. Valeo Financial Advisors LLC owned approximately 0.19% of Johnson Controls International worth $134,703,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Nuveen LLC bought a new stake in Johnson Controls International in the 1st quarter valued at $219,110,000. AQR Capital Management LLC boosted its stake in Johnson Controls International by 747.6% in the first quarter. AQR Capital Management LLC now owns 2,034,060 shares of the company's stock worth $159,186,000 after purchasing an additional 1,794,089 shares in the last quarter. Alkeon Capital Management LLC bought a new position in shares of Johnson Controls International in the first quarter worth about $112,154,000. Voya Investment Management LLC lifted its holdings in 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 in the last quarter. Finally, Amundi boosted its holdings in Johnson Controls International by 22.2% in the first quarter. Amundi now owns 4,731,377 shares of the company's stock valued at $366,412,000 after acquiring an additional 860,899 shares during the last quarter. Institutional investors own 90.05% of the company's stock.

Johnson Controls International Stock Up 0.0%

Shares of JCI stock opened at $108.70 on Monday. Johnson Controls International plc has a 12-month low of $68.03 and a 12-month high of $112.63. 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 fifty day moving average of $106.78 and a 200-day moving average of $98.52. The company has a market capitalization of $71.13 billion, a price-to-earnings ratio of 32.25, a P/E/G ratio of 1.63 and a beta of 1.33.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.99 by $0.06. The firm had revenue of $6.05 billion during the quarter, compared to analysts' expectations 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, equities research analysts predict that Johnson Controls International plc will post 3.64 earnings per share 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. Stockholders of record on Monday, September 22nd will be given a $0.40 dividend. This is a boost from Johnson Controls International's previous quarterly dividend of $0.37. This represents a $1.60 dividend on an annualized basis 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 has initiated a stock 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 reacquire up to 13.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on JCI shares. Weiss Ratings restated a "buy (b)" rating on shares of Johnson Controls International in a report on Saturday, September 27th. Zacks Research raised Johnson Controls International to a "hold" rating in a research note on Monday, August 11th. Citigroup upped their price objective on Johnson Controls International from $110.00 to $112.00 and gave the company a "neutral" rating in a report on Wednesday, July 30th. Robert W. Baird boosted their target price on Johnson Controls International from $90.00 to $110.00 and gave the stock a "neutral" rating in a research report on Thursday, July 17th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of Johnson Controls International from $124.00 to $125.00 and gave the company a "buy" rating in a research report on Thursday. Ten analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $109.00.

Insider Activity

In related news, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction dated Tuesday, September 2nd. The stock was 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 approximately $14,651,562.54. The trade was a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the business's stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $105.73, for a total value of $625,604.41. Following the transaction, the vice president directly owned 25,005 shares in the company, valued at $2,643,778.65. This trade represents a 19.14% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,761 shares of company stock worth $922,447 over the last three months. Insiders own 0.54% of the company's stock.

Johnson Controls International Company 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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