Great Lakes Advisors LLC Reduces Position in Johnson Controls International plc $JCI

Great Lakes Advisors LLC decreased its position in shares of Johnson Controls International plc (NYSE:JCI) by 50.7% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 96,683 shares of the company’s stock after selling 99,394 shares during the quarter. Great Lakes Advisors LLC’s holdings in Johnson Controls International were worth $10,630,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. New York State Common Retirement Fund grew its position in shares of Johnson Controls International by 4.4% during the third quarter. New York State Common Retirement Fund now owns 862,388 shares of the company’s stock worth $94,820,000 after acquiring an additional 36,200 shares during the last quarter. TD Waterhouse Canada Inc. boosted its stake in Johnson Controls International by 2.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 88,884 shares of the company’s stock worth $9,682,000 after purchasing an additional 1,723 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in Johnson Controls International by 3.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 97,965 shares of the company’s stock worth $10,771,000 after purchasing an additional 3,633 shares during the last quarter. Federated Hermes Inc. grew its position in Johnson Controls International by 41.4% during the 3rd quarter. Federated Hermes Inc. now owns 17,473 shares of the company’s stock worth $1,921,000 after purchasing an additional 5,114 shares during the last quarter. Finally, Valeo Financial Advisors LLC increased its stake in Johnson Controls International by 2.7% in the third quarter. Valeo Financial Advisors LLC now owns 8,132 shares of the company’s stock valued at $894,000 after purchasing an additional 212 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Analysts Set New Price Targets

JCI has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft increased their target price on shares of Johnson Controls International from $124.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. The Goldman Sachs Group decreased their price objective on Johnson Controls International from $142.00 to $137.00 and set a “buy” rating for the company in a research report on Tuesday, December 16th. Robert W. Baird boosted their target price on Johnson Controls International from $110.00 to $115.00 and gave the company a “neutral” rating in a report on Tuesday, October 14th. HSBC upped their price target on Johnson Controls International from $79.00 to $127.00 and gave the stock a “hold” rating in a research note on Monday, November 24th. Finally, Citigroup lifted their price objective on shares of Johnson Controls International from $112.00 to $119.00 and gave the company a “neutral” rating in a research report on Thursday, October 9th. Eleven research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $126.11.

Johnson Controls International Stock Up 3.0%

Johnson Controls International stock opened at $120.22 on Friday. The stock’s 50 day moving average price is $116.36 and its 200 day moving average price is $111.80. Johnson Controls International plc has a 1-year low of $68.03 and a 1-year high of $124.07. The company has a market cap of $73.58 billion, a PE ratio of 23.62, a price-to-earnings-growth ratio of 1.40 and a beta of 1.41. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.93 and a quick ratio of 0.76.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Wednesday, November 5th. The company reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.06. The firm had revenue of $6.44 billion during the quarter, compared to analysts’ expectations of $6.31 billion. Johnson Controls International had a return on equity of 15.35% and a net margin of 13.95%.Johnson Controls International’s revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.28 earnings per share. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS and its Q1 2026 guidance at 0.830-0.83 EPS. On average, sell-side analysts predict that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Monday, December 22nd were paid a $0.40 dividend. The ex-dividend date was Monday, December 22nd. This represents a $1.60 annualized dividend and a dividend yield of 1.3%. Johnson Controls International’s dividend payout ratio (DPR) is 31.43%.

Insider Buying and Selling

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 32,031 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $113.20, for a total transaction of $3,625,909.20. Following the transaction, the vice president directly owned 66,780 shares in the company, valued at approximately $7,559,496. This represents a 32.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.29% of the company’s stock.

About Johnson Controls International

Johnson Controls International plc is a global diversified technology and multi?industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building?related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air?conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.