Hsbc Holdings PLC Sells 251,572 Shares of Johnson Controls International plc $JCI
by Doug Wharley · The Cerbat GemHsbc Holdings PLC trimmed its stake in Johnson Controls International plc (NYSE:JCI – Free Report) by 34.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 485,361 shares of the company’s stock after selling 251,572 shares during the period. Hsbc Holdings PLC owned about 0.07% of Johnson Controls International worth $51,098,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Truvestments Capital LLC grew its position 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 buying an additional 255 shares in the last quarter. Accent Capital Management LLC bought a new stake in shares of Johnson Controls International in the 1st quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Johnson Controls International during the 2nd quarter worth approximately $28,000. Activest Wealth Management increased 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 valued at $30,000 after purchasing an additional 133 shares during the period. Finally, MTM Investment Management LLC acquired a new position in shares of Johnson Controls International in the second quarter valued at $32,000. Institutional investors own 90.05% of the company’s stock.
Johnson Controls International Stock Performance
NYSE JCI opened at $116.31 on Monday. Johnson Controls International plc has a 1-year low of $68.03 and a 1-year high of $123.78. The company has a 50 day moving average of $112.58 and a 200-day moving average of $107.61. 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 firm has a market cap of $71.08 billion, a price-to-earnings ratio of 34.51, a PEG ratio of 1.70 and a beta of 1.36.
Johnson Controls International (NYSE:JCI – Get Free Report) last announced its earnings results on Wednesday, November 5th. The company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.20 by $0.06. The business had revenue of $6.44 billion for the quarter, compared to the consensus estimate of $6.31 billion. Johnson Controls International had a return on equity of 14.71% and a net margin of 9.53%.Johnson Controls International’s revenue was up 3.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.28 EPS. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS. Q1 2026 guidance at 0.830-0.83 EPS. On average, equities 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 $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.4%. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.37. The ex-dividend date was Monday, September 22nd. Johnson Controls International’s dividend payout ratio is 31.43%.
Wall Street Analyst Weigh In
A number of research firms have weighed in on JCI. Mizuho lifted their price target on shares of Johnson Controls International from $105.00 to $120.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Wolfe Research lifted their target price on shares of Johnson Controls International from $135.00 to $138.00 and gave the company an “outperform” rating in a research report on Thursday, November 13th. UBS Group reissued a “buy” rating and issued a $124.00 target price on shares of Johnson Controls International in a research note on Thursday, November 6th. The Goldman Sachs Group raised their price target on shares of Johnson Controls International from $124.00 to $142.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Finally, Citigroup upped their price objective on Johnson Controls International from $112.00 to $119.00 and gave the company a “neutral” rating in a research note on Thursday, October 9th. Ten analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $121.32.
Read Our Latest Stock Analysis on JCI
Insider Activity
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 shares were sold at an average price of $105.73, for a total value of $625,604.41. Following the completion of the sale, the vice president owned 25,005 shares in the company, valued at approximately $2,643,778.65. This trade represents a 19.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Lei Zhang Schlitz sold 32,031 shares of the business’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $113.20, for a total transaction of $3,625,909.20. Following the completion of the transaction, the vice president directly owned 66,780 shares of the company’s stock, valued at approximately $7,559,496. This represents a 32.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 49,870 shares of company stock worth $5,682,224. 0.54% of the stock is owned by corporate insiders.
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.
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