Johnson Controls International plc $JCI Shares Bought by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC grew its position in shares of Johnson Controls International plc (NYSE:JCI) by 18.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,312 shares of the company’s stock after acquiring an additional 983 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Johnson Controls International were worth $695,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Cerity Partners LLC lifted its holdings in Johnson Controls International by 69.8% in the first quarter. Cerity Partners LLC now owns 113,059 shares of the company’s stock worth $9,057,000 after purchasing an additional 46,459 shares during the period. G&S Capital LLC lifted its holdings in Johnson Controls International by 81.4% in the first quarter. G&S Capital LLC now owns 30,342 shares of the company’s stock worth $2,431,000 after purchasing an additional 13,612 shares during the period. GAMMA Investing LLC lifted its holdings in Johnson Controls International by 27.8% in the first quarter. GAMMA Investing LLC now owns 14,720 shares of the company’s stock worth $1,179,000 after purchasing an additional 3,201 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in Johnson Controls International by 2,213.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 709,431 shares of the company’s stock worth $57,748,000 after purchasing an additional 678,766 shares during the period. Finally, Yeomans Consulting Group Inc. acquired a new stake in Johnson Controls International in the second quarter worth about $304,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Price Performance

Shares of Johnson Controls International stock opened at $111.26 on Wednesday. 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’s 50-day moving average price is $107.50 and its two-hundred day moving average price is $100.72. Johnson Controls International plc has a 52 week low of $68.03 and a 52 week high of $112.63. The stock has a market cap of $72.81 billion, a PE ratio of 33.01, a price-to-earnings-growth ratio of 1.66 and a beta of 1.33.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.99 by $0.06. The firm had revenue of $6.05 billion for the quarter, compared to analysts’ expectations of $5.99 billion. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. 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 anticipate that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Monday, September 22nd were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.4%. The ex-dividend date was Monday, September 22nd. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s dividend payout ratio is presently 47.48%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on JCI. The Goldman Sachs Group upped their price objective on shares of Johnson Controls International from $119.00 to $124.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Johnson Controls International from $124.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Morgan Stanley upped their price objective on shares of Johnson Controls International from $115.00 to $125.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Wolfe Research boosted their price target on shares of Johnson Controls International from $132.00 to $133.00 and gave the stock an “outperform” rating in a research report on Friday, September 12th. Finally, Royal Bank Of Canada boosted their price target on shares of Johnson Controls International from $114.00 to $116.00 and gave the stock a “sector perform” rating in a research 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 company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $113.41.

Insider Activity

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 5,917 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $105.73, for a total transaction of $625,604.41. Following the sale, the vice president owned 25,005 shares in the company, valued at approximately $2,643,778.65. The trade was a 19.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Nathan D. Manning sold 1,422 shares of the business’s stock in a transaction dated 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. The trade was a 1.01% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,761 shares of company stock worth $922,447. Corporate insiders own 0.54% of the company’s stock.

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.