Mackenzie Financial Corp Raises Stock Holdings in Johnson Controls International plc $JCI

Mackenzie Financial Corp grew its position in Johnson Controls International plc (NYSE:JCI) by 59.9% in the 2nd quarter, Holdings Channel.com reports. The fund owned 541,388 shares of the company’s stock after acquiring an additional 202,786 shares during the quarter. Mackenzie Financial Corp’s holdings in Johnson Controls International were worth $57,181,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of JCI. Norges Bank acquired a new stake in Johnson Controls International during the 2nd quarter worth $795,325,000. Scotia Capital Inc. purchased a new stake in shares of Johnson Controls International in the second quarter valued at about $225,000. State Board of Administration of Florida Retirement System boosted its stake in shares of Johnson Controls International by 0.3% during the second quarter. State Board of Administration of Florida Retirement System now owns 649,601 shares of the company’s stock worth $68,611,000 after buying an additional 1,855 shares during the period. Elevation Point Wealth Partners LLC purchased a new position in shares of Johnson Controls International during the second quarter worth about $34,000. Finally, GM Advisory Group LLC acquired a new position in Johnson Controls International in the 2nd quarter valued at about $226,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Johnson Controls International news, VP Nathan D. Manning sold 1,422 shares of the business’s stock in a transaction on Tuesday, September 2nd. The stock was 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 in the company, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total value of $625,604.41. Following the completion of the transaction, the vice president owned 25,005 shares of the company’s stock, valued at approximately $2,643,778.65. This represents a 19.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 49,870 shares of company stock worth $5,682,224 in the last quarter. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Price Performance

Shares of NYSE JCI opened at $116.31 on Friday. 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 one year low of $68.03 and a one year high of $123.78. The firm has a market capitalization of $71.08 billion, a P/E ratio of 34.51, a PEG ratio of 1.70 and a beta of 1.36. The company’s fifty day moving average is $112.58 and its two-hundred day moving average is $107.53.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $1.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.06. The business had revenue of $6.44 billion during the quarter, compared to the consensus estimate of $6.31 billion. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. The business’s revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.28 EPS. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS. Q1 2026 guidance at 0.830-0.83 EPS. Analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current fiscal 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 given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.4%. 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 payout ratio is 31.43%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Wells Fargo & Company increased their price objective on Johnson Controls International from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. Argus reiterated a “buy” rating and issued a $145.00 price objective on shares of Johnson Controls International in a research report on Friday, November 7th. The Goldman Sachs Group boosted their price objective on shares of Johnson Controls International from $124.00 to $142.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Royal Bank Of Canada raised their target price on shares of Johnson Controls International from $116.00 to $135.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 6th. Finally, Morgan Stanley boosted their price target on shares of Johnson Controls International from $115.00 to $125.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Ten analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat, Johnson Controls International has a consensus rating of “Hold” and an average target price of $121.32.

About Johnson Controls International

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.