NorthRock Partners LLC Purchases 2,600 Shares of Johnson Controls International plc $JCI

NorthRock Partners LLC grew its stake in shares of Johnson Controls International plc (NYSE:JCI) by 28.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 11,682 shares of the company’s stock after buying an additional 2,600 shares during the period. NorthRock Partners LLC’s holdings in Johnson Controls International were worth $1,234,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in JCI. Truvestments Capital LLC lifted its position in shares of Johnson Controls International by 425.0% during the first quarter. Truvestments Capital LLC now owns 315 shares of the company’s stock worth $25,000 after acquiring an additional 255 shares in the last quarter. Accent Capital Management LLC purchased a new stake in shares of Johnson Controls International during the first quarter worth $26,000. Cornerstone Planning Group LLC lifted its position in shares of Johnson Controls International by 74.5% during the first quarter. Cornerstone Planning Group LLC now owns 363 shares of the company’s stock worth $28,000 after acquiring an additional 155 shares in the last quarter. Activest Wealth Management lifted its position in shares of Johnson Controls International by 56.4% during the first quarter. Activest Wealth Management now owns 369 shares of the company’s stock worth $30,000 after acquiring an additional 133 shares in the last quarter. Finally, Community Bank N.A. purchased a new stake in shares of Johnson Controls International during the first quarter worth $32,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 5,917 shares of the firm’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 $2,643,778.65. This trade represents a 19.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Nathan D. Manning sold 1,422 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The shares were 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 $14,651,562.54. The trade was a 1.01% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,761 shares of company stock worth $922,447 in the last 90 days. Company insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on JCI shares. Robert W. Baird increased their target price on Johnson Controls International from $90.00 to $110.00 and gave the stock a “neutral” rating in a research report on Thursday, July 17th. The Goldman Sachs Group lifted their price objective on Johnson Controls International from $119.00 to $124.00 and gave the company a “buy” rating in a research note on Monday, September 15th. Wolfe Research lifted their price objective on Johnson Controls International from $132.00 to $133.00 and gave the company an “outperform” rating in a research note on Friday, September 12th. Jefferies Financial Group reissued a “hold” rating and set a $120.00 price objective on shares of Johnson Controls International in a research note on Thursday, July 24th. Finally, Zacks Research raised Johnson Controls International to a “hold” rating in a research note on Monday, August 11th. Ten analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $109.39.

Johnson Controls International Trading Up 0.7%

NYSE JCI opened at $106.32 on Tuesday. The stock’s 50-day simple moving average is $106.96 and its two-hundred day simple moving average is $99.57. Johnson Controls International plc has a twelve month low of $68.03 and a twelve month high of $112.63. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $69.57 billion, a price-to-earnings ratio of 31.55, a PEG ratio of 1.59 and a beta of 1.33.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share 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 business had revenue of $6.05 billion for 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. Research analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Monday, September 22nd will be given a dividend of $0.40 per share. The ex-dividend date is Monday, September 22nd. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.37. This represents a $1.60 dividend on an annualized basis and a yield of 1.5%. Johnson Controls International’s dividend payout ratio (DPR) is 47.48%.

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.