Johnson Controls International plc $JCI Shares Sold by Sterling Capital Management LLC

Sterling Capital Management LLC reduced its stake in Johnson Controls International plc (NYSE:JCI) by 73.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,156 shares of the company’s stock after selling 8,726 shares during the period. Sterling Capital Management LLC’s holdings in Johnson Controls International were worth $469,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JCI. Amundi increased its holdings in Johnson Controls International by 157.2% during the 1st quarter. Amundi now owns 5,965,212 shares of the company’s stock worth $781,145,000 after purchasing an additional 3,646,047 shares during the period. Hsbc Holdings PLC boosted its stake in shares of Johnson Controls International by 702.5% in the 1st quarter. Hsbc Holdings PLC now owns 1,962,770 shares of the company’s stock valued at $256,820,000 after buying an additional 1,718,179 shares during the period. Cullen Capital Management LLC acquired a new position in shares of Johnson Controls International during the second quarter worth about $244,214,000. First Trust Advisors LP grew its position in shares of Johnson Controls International by 28.3% during the first quarter. First Trust Advisors LP now owns 5,761,677 shares of the company’s stock worth $754,492,000 after buying an additional 1,270,849 shares in the last quarter. Finally, State Street Corp increased its stake in shares of Johnson Controls International by 2.2% during the second quarter. State Street Corp now owns 28,283,873 shares of the company’s stock worth $4,143,674,000 after buying an additional 621,319 shares during the period. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Johnson Controls International Stock Performance

NYSE JCI opened at $157.36 on Thursday. The company has a market capitalization of $95.32 billion, a P/E ratio of 27.37, a PEG ratio of 1.07 and a beta of 1.27. Johnson Controls International plc has a 1-year low of $108.41 and a 1-year high of $160.41. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.00 and a quick ratio of 0.83. The business has a 50 day moving average price of $146.99 and a 200 day moving average price of $140.37.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Tuesday, October 27th. The company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.07. The firm had revenue of $7.11 billion for the quarter, compared to analyst estimates of $7.04 billion. Johnson Controls International had a return on equity of 22.11% and a net margin of 14.32%. The firm’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period last year, the company earned $1.26 EPS. Sell-side analysts expect that Johnson Controls International plc will post 5.08 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Monday, September 21st were given a dividend of $0.40 per share. The ex-dividend date was Monday, September 21st. This represents a $1.60 dividend on an annualized basis and a yield of 1.0%. Johnson Controls International’s payout ratio is currently 27.83%.

Key Headlines Impacting Johnson Controls International

Here are the key news stories impacting Johnson Controls International this week:

• Positive Sentiment: Results exceeded expectations: JCI reported fourth-quarter adjusted EPS of $1.66 versus the $1.59 consensus, while revenue rose 10.4% year over year to $7.11 billion, topping estimates. Adjusted EPS increased from $1.26 a year earlier. Johnson Controls Reports Q4 and FY26 Results
• Positive Sentiment: Strong forward demand: Organic orders jumped 44% and backlog reached a record $23 billion, up 43% organically. Management expects fiscal 2027 organic revenue growth of 11%-12% and adjusted EPS of $6.15-$6.30, above many prior expectations. Johnson Controls FY 2027 Outlook
• Positive Sentiment: Data-center strategy is attracting investor interest: JCI is shifting resources toward HVAC, thermal management and liquid-cooling systems for AI data centers, where demand is accelerating. The company plans approximately $900 million of fiscal 2027 capital spending to expand capacity. Johnson Controls Beats the Heat in AI Data Centers
• Positive Sentiment: Analyst targets moved higher: Bernstein raised its target to $194 from $190, while Robert W. Baird and Citigroup each raised targets to $172. Morgan Stanley reiterated a Buy rating with a $180 target. Bernstein Price Target Update

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, VP Lei Schlitz sold 23,417 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $153.07, for a total transaction of $3,584,440.19. Following the completion of the transaction, the vice president directly owned 15,017 shares of the company’s stock, valued at $2,298,652.19. The trade was a 60.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.29% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have weighed in on JCI shares. Deutsche Bank Aktiengesellschaft cut their price target on Johnson Controls International from $180.00 to $178.00 and set a “buy” rating on the stock in a research note on Wednesday, September 30th. Zacks Research downgraded Johnson Controls International from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 6th. Robert W. Baird raised their target price on Johnson Controls International from $162.00 to $172.00 and gave the stock a “neutral” rating in a research report on Wednesday. Evercore set a $170.00 target price on Johnson Controls International in a research report on Wednesday. Finally, Royal Bank Of Canada boosted their target price on Johnson Controls International from $161.00 to $165.00 and gave the stock a “sector perform” rating in a research note on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Johnson Controls International currently has a consensus rating of “Moderate Buy” and an average price target of $166.86.

About Johnson Controls International

Johnson Controls International plc (NYSE:JCI) is a global provider of building technology, products and services. The company helps customers design, operate and maintain efficient, healthy and secure buildings through solutions for heating, ventilation and air conditioning, building automation, energy management, fire detection and suppression, and physical security.

Its portfolio includes building controls and digital management platforms, HVAC equipment, chillers, air-handling systems, fire and security technologies, and related services.