Huntington National Bank reduced its position in Johnson Controls International plc (NYSE:JCI – Free Report) by 8.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,183 shares of the company’s stock after selling 1,490 shares during the quarter. Huntington National Bank’s holdings in Johnson Controls International were worth $1,709,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Gilbert & Cook Inc. grew its holdings in Johnson Controls International by 1.5% in the second quarter. Gilbert & Cook Inc. now owns 6,769 shares of the company’s stock worth $715,000 after purchasing an additional 97 shares during the last quarter. Grove Bank & Trust grew its holdings in Johnson Controls International by 3.5% in the second quarter. Grove Bank & Trust now owns 3,117 shares of the company’s stock worth $329,000 after purchasing an additional 106 shares during the last quarter. Keudell Morrison Wealth Management grew its holdings in shares of Johnson Controls International by 4.1% during the second quarter. Keudell Morrison Wealth Management now owns 2,697 shares of the company’s stock valued at $285,000 after buying an additional 107 shares during the last quarter. REAP Financial Group LLC grew its holdings in shares of Johnson Controls International by 18.1% during the second quarter. REAP Financial Group LLC now owns 739 shares of the company’s stock valued at $78,000 after buying an additional 113 shares during the last quarter. Finally, TIAA Trust National Association grew its holdings in shares of Johnson Controls International by 1.0% during the first quarter. TIAA Trust National Association now owns 11,339 shares of the company’s stock valued at $908,000 after buying an additional 115 shares during the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
JCI has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Johnson Controls International from $124.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, October 2nd. The Goldman Sachs Group boosted their price objective on shares of Johnson Controls International from $119.00 to $124.00 and gave the company a “buy” rating in a report on Monday, September 15th. Zacks Research raised shares of Johnson Controls International to a “hold” rating in a report on Monday, August 11th. Citigroup boosted their price objective on shares of Johnson Controls International from $112.00 to $119.00 and gave the company a “neutral” rating in a report on Thursday, October 9th. Finally, Royal Bank Of Canada boosted their price objective on shares of Johnson Controls International from $114.00 to $116.00 and gave the company a “sector perform” rating in a report on Thursday, October 16th. Ten equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $113.41.
Johnson Controls International Trading Up 8.8%
NYSE JCI opened at $120.86 on Thursday. The company has a market capitalization of $79.09 billion, a PE ratio of 35.86, a P/E/G ratio of 1.70 and a beta of 1.36. The company has a fifty day moving average of $109.05 and a 200 day moving average of $103.74. Johnson Controls International plc has a 1 year low of $68.03 and a 1 year high of $123.05. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.96 and a quick ratio of 0.81.
Johnson Controls International (NYSE:JCI – Get Free Report) last posted its 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 company 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 firm’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.28 earnings per share. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS. Q1 2026 guidance at 0.830-0.83 EPS. Research analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current year.
Johnson Controls International Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Monday, September 22nd were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.3%. This is an increase from Johnson Controls International’s previous quarterly dividend of $0.37. The ex-dividend date was Monday, September 22nd. Johnson Controls International’s payout ratio is currently 47.48%.
Insider Transactions at Johnson Controls International
In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 5,917 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $2,643,778.65. This represents a 19.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Nathan D. Manning sold 1,422 shares of the company’s 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 approximately $14,651,562.54. This trade represents a 1.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.54% of the company’s stock.
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.
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