R Squared Ltd Grows Stock Holdings in Johnson Controls International plc $JCI

R Squared Ltd raised its stake in Johnson Controls International plc (NYSE:JCI) by 173.4% in the second quarter, HoldingsChannel reports. The institutional investor owned 7,492 shares of the company’s stock after buying an additional 4,752 shares during the quarter. R Squared Ltd’s holdings in Johnson Controls International were worth $791,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of JCI. Truvestments Capital LLC raised its holdings in 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 purchasing an additional 255 shares during the last quarter. Accent Capital Management LLC purchased a new position in Johnson Controls International during the 1st quarter valued at about $26,000. Hilltop National Bank purchased a new stake in shares of Johnson Controls International in the second quarter valued at about $35,000. Cornerstone Planning Group LLC grew its position in shares of Johnson Controls International by 74.5% in the first quarter. Cornerstone Planning Group LLC now owns 363 shares of the company’s stock valued at $28,000 after purchasing an additional 155 shares during the last quarter. Finally, Activest Wealth Management raised its position in shares of Johnson Controls International by 56.4% during the 1st quarter. Activest Wealth Management now owns 369 shares of the company’s stock worth $30,000 after purchasing an additional 133 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Insider Activity

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 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 filing with the SEC, which is available at the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International 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 directly owned 139,459 shares in the company, valued at approximately $14,651,562.54. The trade was a 1.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 8,761 shares of company stock worth $922,447. Company insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on JCI. Robert W. Baird upped their price objective on Johnson Controls International from $110.00 to $115.00 and gave the company a “neutral” rating in a research report on Tuesday, October 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Johnson Controls International in a research note on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Johnson Controls International from $124.00 to $125.00 and gave the stock a “buy” rating in a research note 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 research report on Monday, September 15th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $120.00 price objective on shares of Johnson Controls International in a research note on Thursday, July 24th. Ten investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, Johnson Controls International currently has a consensus rating of “Moderate Buy” and a consensus price target of $113.41.

Johnson Controls International Stock Up 1.9%

JCI opened at $110.63 on Friday. Johnson Controls International plc has a 1 year low of $68.03 and a 1 year high of $112.63. The firm has a 50 day moving average price of $107.66 and a 200 day moving average price of $101.04. 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 company has a market cap of $72.40 billion, a PE ratio of 32.83, a price-to-earnings-growth ratio of 1.63 and a beta of 1.33.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Tuesday, July 29th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.06. The company had revenue of $6.05 billion during the quarter, compared to the consensus estimate 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. Sell-side analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Monday, September 22nd were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.4%. 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 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.