Stephens Inc. AR Sells 4,189 Shares of Johnson Controls International plc $JCI

Stephens Inc. AR lessened its stake in shares of Johnson Controls International plc (NYSE:JCI) by 10.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 36,268 shares of the company’s stock after selling 4,189 shares during the period. Stephens Inc. AR’s holdings in Johnson Controls International were worth $3,831,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Truvestments Capital LLC grew 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 valued at $25,000 after purchasing an additional 255 shares during the period. Accent Capital Management LLC bought a new stake in Johnson Controls International during the first quarter valued at about $26,000. Hilltop National Bank bought a new stake in Johnson Controls International during the second quarter valued at about $35,000. Cornerstone Planning Group LLC grew its holdings in Johnson Controls International by 74.5% during 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 period. Finally, Activest Wealth Management grew its holdings in Johnson Controls International by 56.4% during the first quarter. Activest Wealth Management now owns 369 shares of the company’s stock valued at $30,000 after purchasing an additional 133 shares during the period. Institutional investors own 90.05% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on JCI shares. Zacks Research raised Johnson Controls International to a “hold” rating in a report on Monday, August 11th. Jefferies Financial Group restated a “hold” rating and issued a $120.00 price objective on shares of Johnson Controls International in a research report on Thursday, July 24th. Royal Bank Of Canada boosted their price objective on Johnson Controls International from $114.00 to $116.00 and gave the company a “sector perform” rating in a research report on Thursday, October 16th. Weiss Ratings restated a “buy (b)” rating on shares of Johnson Controls International in a research report on Wednesday, October 8th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Johnson Controls International from $124.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, October 2nd. Ten investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, Johnson Controls International presently has a consensus rating of “Moderate Buy” and an average target price of $113.41.

Johnson Controls International Price Performance

NYSE:JCI 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 has a market capitalization of $72.81 billion, a P/E ratio of 33.01, a P/E/G ratio of 1.66 and a beta of 1.33. Johnson Controls International plc has a 12 month low of $68.03 and a 12 month high of $112.63. The business’s 50-day moving average is $107.50 and its 200 day moving average is $100.72.

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

Johnson Controls International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Monday, September 22nd were paid a dividend of $0.40 per share. 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 dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, September 22nd. Johnson Controls International’s payout ratio is currently 47.48%.

Insider Buying and Selling

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

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.