Consolidated Planning Corp boosted its position in Johnson Controls International plc (NYSE:JCI – Free Report) by 0.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 84,278 shares of the company’s stock after acquiring an additional 100 shares during the period. Johnson Controls International accounts for about 1.1% of Consolidated Planning Corp’s holdings, making the stock its 27th biggest position. Consolidated Planning Corp’s holdings in Johnson Controls International were worth $8,901,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also added to or reduced their stakes in JCI. Brighton Jones LLC bought a new position in Johnson Controls International in the fourth quarter worth approximately $222,000. Wealth Enhancement Advisory Services LLC boosted its holdings in Johnson Controls International by 6.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 56,772 shares of the company’s stock worth $4,481,000 after acquiring an additional 3,547 shares in the last quarter. Merit Financial Group LLC boosted its holdings in Johnson Controls International by 218.1% in the first quarter. Merit Financial Group LLC now owns 41,229 shares of the company’s stock worth $3,303,000 after acquiring an additional 28,266 shares in the last quarter. ST Germain D J Co. Inc. boosted its holdings in Johnson Controls International by 64.3% in the first quarter. ST Germain D J Co. Inc. now owns 892 shares of the company’s stock worth $71,000 after acquiring an additional 349 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. boosted its holdings in Johnson Controls International by 15.4% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 6,611 shares of the company’s stock worth $530,000 after acquiring an additional 882 shares in the last quarter. Institutional investors own 90.05% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on the company. Zacks Research raised Johnson Controls International to a “hold” rating in a research note on Monday, August 11th. The Goldman Sachs Group increased their price objective on Johnson Controls International from $119.00 to $124.00 and gave the stock a “buy” rating in a research note on Monday, September 15th. Jefferies Financial Group reissued a “hold” rating and issued a $120.00 price objective on shares of Johnson Controls International in a research note on Thursday, July 24th. Royal Bank Of Canada increased their price objective on Johnson Controls International from $112.00 to $114.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 30th. Finally, Oppenheimer downgraded Johnson Controls International from an “outperform” rating to a “market perform” rating in a research note on Friday, June 20th. Nine investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $108.28.
Insider Transactions at Johnson Controls International
In other Johnson Controls International 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 transaction of $149,395.32. Following the completion of the transaction, the vice president owned 139,459 shares of the company’s stock, valued at $14,651,562.54. The trade was a 1.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Daniel C. Mcconeghy sold 5,917 shares of Johnson Controls International 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 sale, the vice president directly owned 25,005 shares of the company’s stock, valued at $2,643,778.65. This 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 valued at $922,447 in the last ninety days. Insiders own 0.54% of the company’s stock.
Johnson Controls International Stock Performance
Shares of JCI opened at $108.92 on Thursday. The company has a current ratio of 0.96, a quick ratio of 0.81 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $71.28 billion, a price-to-earnings ratio of 32.32, a PEG ratio of 1.96 and a beta of 1.33. The stock has a 50 day moving average of $106.87 and a 200 day moving average of $97.93. Johnson Controls International plc has a 12 month low of $68.03 and a 12 month high of $112.63.
Johnson Controls International (NYSE:JCI – Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate 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. As a group, sell-side analysts forecast 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 will be paid on Friday, October 17th. Stockholders of record on Monday, September 22nd will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.5%. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.37. The ex-dividend date is Monday, September 22nd. Johnson Controls International’s dividend payout ratio (DPR) is presently 47.48%.
Johnson Controls International announced that its Board of Directors has authorized a share buyback program on Friday, June 13th that allows the company to repurchase $9.00 billion in outstanding shares. This repurchase authorization allows the company to repurchase up to 13.4% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board believes its shares are undervalued.
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.
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