111 Capital Buys 7,683 Shares of Johnson Controls International plc $JCI

111 Capital grew its stake in Johnson Controls International plc (NYSE:JCI) by 41.8% in the second quarter, HoldingsChannel.com reports. The fund owned 26,048 shares of the company’s stock after acquiring an additional 7,683 shares during the period. 111 Capital’s holdings in Johnson Controls International were worth $2,751,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of JCI. Vanguard Group Inc. increased its stake in Johnson Controls International by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 68,444,686 shares of the company’s stock worth $5,483,104,000 after purchasing an additional 288,576 shares in the last quarter. Raymond James Financial Inc. increased its stake in Johnson Controls International by 2.5% during the 1st quarter. Raymond James Financial Inc. now owns 7,378,331 shares of the company’s stock worth $591,078,000 after purchasing an additional 178,169 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Johnson Controls International by 3.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,354,069 shares of the company’s stock worth $509,024,000 after purchasing an additional 185,476 shares in the last quarter. Amundi increased its stake in 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 purchasing an additional 860,899 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in Johnson Controls International by 6.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,178,516 shares of the company’s stock worth $254,631,000 after purchasing an additional 198,817 shares in the last quarter. 90.05% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction on 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 in the company, valued at approximately $14,651,562.54. This represents a 1.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the 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 sale, the vice president 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 can be found here. In the last quarter, insiders have sold 8,761 shares of company stock worth $922,447. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Trading Up 0.0%

Shares of Johnson Controls International stock opened at $108.70 on Friday. Johnson Controls International plc has a 12-month low of $68.03 and a 12-month high of $112.63. The stock has a market cap of $71.13 billion, a P/E ratio of 32.25, a P/E/G ratio of 1.63 and a beta of 1.33. 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 business’s 50 day moving average is $106.78 and its 200-day moving average is $98.31.

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 analysts’ consensus estimates of $0.99 by $0.06. Johnson Controls International had a return on equity of 14.71% and a net margin of 9.53%.The company had revenue of $6.05 billion for the quarter, compared to analysts’ expectations 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. Equities research analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International announced that its board has authorized a share 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 buy up to 13.4% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its shares are undervalued.

Johnson Controls International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Monday, September 22nd will be paid a dividend of $0.40 per share. The ex-dividend date is Monday, September 22nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.5%. This is an increase from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s dividend payout ratio (DPR) is currently 47.48%.

Wall Street Analyst Weigh In

JCI has been the subject of a number of research reports. Oppenheimer cut Johnson Controls International from an “outperform” rating to a “market perform” rating in a research note on Friday, June 20th. Morgan Stanley increased their target price on Johnson Controls International from $115.00 to $125.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Johnson Controls International in a research note on Saturday, September 27th. Jefferies Financial Group reaffirmed a “hold” rating and set a $120.00 price target on shares of Johnson Controls International in a research report on Thursday, July 24th. Finally, Citigroup upped their price target on Johnson Controls International from $110.00 to $112.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 30th. Ten equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, Johnson Controls International presently has an average rating of “Moderate Buy” and a consensus target price of $108.28.

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.