PDS Planning Inc Has $327,000 Stock Position in Johnson Controls International plc $JCI

PDS Planning Inc grew its stake in shares of Johnson Controls International plc (NYSE:JCI) by 15.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,093 shares of the company’s stock after purchasing an additional 414 shares during the period. PDS Planning Inc’s holdings in Johnson Controls International were worth $327,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in JCI. Nuveen LLC acquired a new position in shares of Johnson Controls International during the first quarter valued at about $219,110,000. AQR Capital Management LLC raised its holdings in shares of Johnson Controls International by 747.6% during the first quarter. AQR Capital Management LLC now owns 2,034,060 shares of the company’s stock valued at $159,186,000 after purchasing an additional 1,794,089 shares during the period. Alkeon Capital Management LLC acquired a new position in shares of Johnson Controls International during the first quarter valued at about $112,154,000. Voya Investment Management LLC raised its holdings in shares of Johnson Controls International by 637.1% during the first quarter. Voya Investment Management LLC now owns 1,567,576 shares of the company’s stock valued at $125,578,000 after purchasing an additional 1,354,912 shares during the period. Finally, Valeo Financial Advisors LLC raised its holdings in shares of Johnson Controls International by 16,575.7% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,275,357 shares of the company’s stock worth $134,703,000 after acquiring an additional 1,267,709 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

JCI has been the topic of a number of analyst reports. Morgan Stanley upped their target price 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. Barclays upped their target price on shares of Johnson Controls International from $100.00 to $101.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 30th. Citigroup upped their target price on shares of Johnson Controls International from $112.00 to $119.00 and gave the stock a “neutral” rating in a report on Thursday. Zacks Research upgraded shares of Johnson Controls International to a “hold” rating in a report on Monday, August 11th. Finally, The Goldman Sachs Group upped their target price 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. Ten 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 company currently has a consensus rating of “Moderate Buy” and an average target price of $109.39.

Insider Buying and Selling

In other news, VP Daniel C. Mcconeghy sold 5,917 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total transaction of $625,604.41. Following the completion of the transaction, the vice president directly owned 25,005 shares of the company’s stock, valued at $2,643,778.65. This represents a 19.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total transaction of $149,395.32. Following the transaction, the vice president directly owned 139,459 shares of the company’s stock, valued at $14,651,562.54. This represents a 1.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,761 shares of company stock valued at $922,447 over the last three months. Insiders own 0.54% of the company’s stock.

Johnson Controls International Trading Down 2.0%

NYSE:JCI opened at $105.62 on Monday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.81 and a current ratio of 0.96. The firm has a market cap of $69.12 billion, a price-to-earnings ratio of 31.34, a price-to-earnings-growth ratio of 1.59 and a beta of 1.33. Johnson Controls International plc has a 52 week low of $68.03 and a 52 week high of $112.63. The firm has a 50-day moving average price of $106.96 and a two-hundred day moving average price of $99.38.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.99 by $0.06. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. The firm had revenue of $6.05 billion during the quarter, compared to analyst estimates 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. On average, equities analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Monday, September 22nd will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, September 22nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.5%. This is an increase from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s payout ratio is currently 47.48%.

About Johnson Controls International

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.