M&G PLC Has $313.23 Million Position in Johnson Controls International plc $JCI

M&G PLC boosted its position in Johnson Controls International plc (NYSE:JCI) by 70.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,954,998 shares of the company’s stock after acquiring an additional 1,219,980 shares during the period. Johnson Controls International accounts for about 1.7% of M&G PLC’s holdings, making the stock its 10th biggest position. M&G PLC owned approximately 0.45% of Johnson Controls International worth $313,230,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Truvestments Capital LLC lifted its holdings in shares of Johnson Controls International by 425.0% in the 1st quarter. Truvestments Capital LLC now owns 315 shares of the company’s stock worth $25,000 after purchasing an additional 255 shares in the last quarter. Accent Capital Management LLC bought a new stake in shares of Johnson Controls International during the first quarter worth about $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Johnson Controls International in the 2nd quarter worth about $28,000. Activest Wealth Management raised its holdings in shares of Johnson Controls International by 56.4% in the 1st quarter. Activest Wealth Management now owns 369 shares of the company’s stock worth $30,000 after acquiring an additional 133 shares during the last quarter. Finally, Hilltop National Bank bought a new position in Johnson Controls International in the 2nd quarter valued at about $35,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Robert W. Baird increased their price objective on Johnson Controls International from $110.00 to $115.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 14th. Jefferies Financial Group reiterated a “hold” rating and set a $120.00 price target on shares of Johnson Controls International in a report on Thursday, July 24th. Royal Bank Of Canada increased their price target on Johnson Controls International from $116.00 to $135.00 and gave the company a “sector perform” rating in a research report on Thursday, November 6th. The Goldman Sachs Group boosted their price target on shares of Johnson Controls International from $124.00 to $142.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Finally, Wells Fargo & Company lifted their target price on shares of Johnson Controls International from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. Ten research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $120.72.

Insider Transactions at Johnson Controls International

In other news, VP Lei Zhang Schlitz sold 10,500 shares of Johnson Controls International stock in a transaction dated Thursday, November 6th. The shares were sold at an average price of $122.03, for a total value of $1,281,315.00. Following the completion of the transaction, the vice president owned 115,220 shares in the company, valued at $14,060,296.60. This trade represents a 8.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 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 directly owned 25,005 shares in the company, valued at approximately $2,643,778.65. This trade represents a 19.14% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 17,839 shares of company stock worth $2,056,315. 0.54% of the stock is owned by company insiders.

Johnson Controls International Stock Down 0.6%

Johnson Controls International stock opened at $121.86 on Wednesday. Johnson Controls International plc has a twelve month low of $68.03 and a twelve month high of $123.76. The firm has a 50 day moving average price of $110.26 and a 200-day moving average price of $105.16. The company has a market capitalization of $79.74 billion, a P/E ratio of 36.16, a P/E/G ratio of 1.70 and a beta of 1.36. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $1.26 EPS for the quarter, topping analysts’ consensus estimates of $1.20 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 $6.44 billion for the quarter, compared to analysts’ expectations of $6.31 billion. During the same quarter in the previous year, the firm posted $1.28 EPS. Johnson Controls International’s revenue was up 3.1% on a year-over-year basis. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS. Q1 2026 guidance at 0.830-0.83 EPS. As a group, equities analysts predict that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Increases Dividend

The company 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 represents a $1.60 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Monday, September 22nd. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s dividend payout ratio is currently 31.43%.

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.