Parcion Private Wealth LLC Raises Holdings in Johnson Controls International plc $JCI

Parcion Private Wealth LLC grew its position in shares of Johnson Controls International plc (NYSE:JCI) by 8.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,176 shares of the company’s stock after purchasing an additional 241 shares during the period. Parcion Private Wealth LLC’s holdings in Johnson Controls International were worth $335,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in JCI. Brighton Jones LLC purchased a new position in Johnson Controls International in the fourth quarter worth about $222,000. GAMMA Investing LLC grew its position in Johnson Controls International by 27.8% in the first quarter. GAMMA Investing LLC now owns 14,720 shares of the company’s stock worth $1,179,000 after acquiring an additional 3,201 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Johnson Controls International by 66.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 94,756 shares of the company’s stock worth $7,591,000 after acquiring an additional 37,984 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in Johnson Controls International by 2.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 86,617 shares of the company’s stock worth $6,939,000 after acquiring an additional 2,456 shares in the last quarter. Finally, JFS Wealth Advisors LLC grew its position in Johnson Controls International by 191.4% in the first quarter. JFS Wealth Advisors LLC now owns 644 shares of the company’s stock worth $52,000 after acquiring an additional 423 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Down 2.4%

Shares of NYSE JCI opened at $108.52 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.96 and a quick ratio of 0.81. The company has a market cap of $71.01 billion, a P/E ratio of 32.20, a PEG ratio of 1.67 and a beta of 1.33. Johnson Controls International plc has a 1 year low of $68.03 and a 1 year high of $112.63. The firm has a 50-day simple moving average of $107.55 and a two-hundred day simple moving average of $100.77.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data 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. The business had revenue of $6.05 billion during the quarter, compared to the consensus estimate of $5.99 billion. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. Johnson Controls International has set its FY 2025 guidance at 3.650-3.680 EPS. Q4 2025 guidance at 1.140-1.170 EPS. Research analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Monday, September 22nd were paid a dividend of $0.40 per share. This is a boost 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 was Monday, September 22nd. Johnson Controls International’s payout ratio is presently 47.48%.

Insider Activity at Johnson Controls International

In other news, VP Daniel C. Mcconeghy sold 5,917 shares of Johnson Controls International stock in a transaction that occurred 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 of the company’s stock, valued at approximately $2,643,778.65. The trade was a 19.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total transaction of $149,395.32. Following the sale, the vice president directly owned 139,459 shares of the company’s stock, valued at $14,651,562.54. This represents a 1.01% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,761 shares of company stock valued at $922,447 in the last ninety days. Insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

JCI has been the subject of several recent research reports. Barclays lifted their price target on Johnson Controls International from $100.00 to $101.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 30th. Robert W. Baird lifted their price target on Johnson Controls International from $110.00 to $115.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 14th. Citigroup lifted their price target on Johnson Controls International from $112.00 to $119.00 and gave the stock a “neutral” rating in a research report on Thursday, October 9th. Zacks Research upgraded Johnson Controls International to a “hold” rating in a research report on Monday, August 11th. Finally, Wolfe Research lifted their price target on Johnson Controls International from $132.00 to $133.00 and gave the stock an “outperform” rating in a research report on Friday, September 12th. Ten analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $113.41.

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.