Johnson Controls International plc $JCI Shares Acquired by Czech National Bank

by · The Cerbat Gem

Czech National Bank lifted its holdings in shares of Johnson Controls International plc (NYSE:JCIFree Report) by 6.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 160,850 shares of the company’s stock after acquiring an additional 9,227 shares during the quarter. Czech National Bank’s holdings in Johnson Controls International were worth $16,989,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cerity Partners LLC increased its stake in Johnson Controls International by 69.8% during the 1st quarter. Cerity Partners LLC now owns 113,059 shares of the company’s stock worth $9,057,000 after buying an additional 46,459 shares during the period. G&S Capital LLC increased its stake in Johnson Controls International by 81.4% during the 1st quarter. G&S Capital LLC now owns 30,342 shares of the company’s stock worth $2,431,000 after buying an additional 13,612 shares during the period. GAMMA Investing LLC increased its stake in Johnson Controls International by 27.8% during the 1st quarter. GAMMA Investing LLC now owns 14,720 shares of the company’s stock worth $1,179,000 after buying an additional 3,201 shares during the period. Allspring Global Investments Holdings LLC increased its stake in Johnson Controls International by 2,213.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 709,431 shares of the company’s stock worth $57,748,000 after buying an additional 678,766 shares during the period. Finally, Dynamic Advisor Solutions LLC increased its stake in Johnson Controls International by 22.4% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 5,987 shares of the company’s stock worth $480,000 after buying an additional 1,096 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on JCI. Oppenheimer downgraded shares of Johnson Controls International from an “outperform” rating to a “market perform” rating in a research note on Friday, June 20th. UBS Group reissued a “buy” rating and issued a $116.00 target price (up previously from $103.00) on shares of Johnson Controls International in a research report on Thursday, May 22nd. Royal Bank Of Canada boosted their target price on shares of Johnson Controls International from $112.00 to $114.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 30th. Barclays boosted 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 research report on Wednesday, July 30th. Finally, Robert W. Baird boosted their target price on shares of Johnson Controls International from $90.00 to $110.00 and gave the stock a “neutral” rating in a research report on Thursday, July 17th. Nine investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $105.72.

Read Our Latest Stock Report on JCI

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 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 directly owned 25,005 shares of the company’s stock, valued at approximately $2,643,778.65. This represents a 19.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Nathan D. Manning sold 1,422 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total transaction of $149,395.32. Following the completion of the sale, the vice president directly owned 139,459 shares of the company’s stock, valued at approximately $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. Over the last ninety days, insiders sold 10,183 shares of company stock valued at $1,071,501. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Trading Down 0.8%

Shares of NYSE:JCI opened at $106.91 on Wednesday. The company has a 50 day moving average of $106.76 and a 200-day moving average of $95.90. The firm has a market cap of $69.96 billion, a P/E ratio of 31.72, a P/E/G ratio of 1.92 and a beta of 1.31. Johnson Controls International plc has a twelve month low of $68.03 and a twelve month high of $112.63. The company has a current ratio of 0.96, a quick ratio of 0.81 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCIGet Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.99 by $0.06. The company had revenue of $6.05 billion during the quarter, compared to analyst estimates 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. As a group, analysts anticipate 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 declared a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Monday, September 22nd will be paid a $0.40 dividend. 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 dividend payout ratio (DPR) is currently 43.92%.

Johnson Controls International announced that its Board of Directors has authorized a share buyback program on Friday, June 13th that allows the company to buyback $9.00 billion in shares. This buyback authorization allows the company to purchase up to 13.4% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Johnson Controls International Profile

(Free Report)

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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