Massachusetts Financial Services Co. MA Cuts Stake in Johnson Controls International plc $JCI

Massachusetts Financial Services Co. MA lowered its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 32.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 2,704,982 shares of the company’s stock after selling 1,270,102 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Johnson Controls International were worth $297,413,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in Johnson Controls International by 1.3% during the second quarter. Vanguard Group Inc. now owns 69,365,463 shares of the company’s stock valued at $7,326,380,000 after buying an additional 920,777 shares during the period. State Street Corp increased its holdings in shares of Johnson Controls International by 2.5% in the second quarter. State Street Corp now owns 28,521,478 shares of the company’s stock worth $3,022,673,000 after buying an additional 683,467 shares during the period. Franklin Resources Inc. lifted its stake in shares of Johnson Controls International by 3.0% in the 2nd quarter. Franklin Resources Inc. now owns 23,223,902 shares of the company’s stock valued at $2,452,909,000 after acquiring an additional 675,862 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in Johnson Controls International by 2.7% during the 2nd quarter. Fisher Asset Management LLC now owns 16,604,983 shares of the company’s stock valued at $1,753,818,000 after acquiring an additional 430,437 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in Johnson Controls International by 0.8% during the 2nd quarter. Geode Capital Management LLC now owns 14,285,011 shares of the company’s stock valued at $1,501,266,000 after acquiring an additional 120,078 shares during the period. 90.05% of the stock is owned by institutional investors.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 32,031 shares of the firm’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $113.20, for a total value of $3,625,909.20. Following the completion of the sale, the vice president directly owned 66,780 shares in the company, valued at $7,559,496. This trade represents a 32.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.54% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

JCI has been the topic of a number of analyst reports. Mizuho lifted their price target on Johnson Controls International from $105.00 to $120.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Wells Fargo & Company raised their target price on shares of Johnson Controls International from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. Royal Bank Of Canada upped their price target on shares of Johnson Controls International from $116.00 to $135.00 and gave the company a “sector perform” rating in a report on Thursday, November 6th. Hsbc Global Res raised shares of Johnson Controls International to a “hold” rating in a research report on Monday, November 24th. Finally, Morgan Stanley raised their price target on shares of Johnson Controls International from $125.00 to $130.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, Johnson Controls International presently has a consensus rating of “Moderate Buy” and an average target price of $127.26.

Johnson Controls International Price Performance

Shares of Johnson Controls International stock opened at $114.66 on Monday. The business has a 50 day moving average of $116.79 and a 200 day moving average of $111.28. Johnson Controls International plc has a 52 week low of $68.03 and a 52 week high of $124.07. The company has a market cap of $70.07 billion, a PE ratio of 22.53, a P/E/G ratio of 1.38 and a beta of 1.41. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 0.66.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Wednesday, November 5th. The company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.06. The business had revenue of $6.44 billion for the quarter, compared to analysts’ expectations of $6.31 billion. Johnson Controls International had a net margin of 13.95% and a return on equity of 15.35%. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.28 earnings per share. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS and its Q1 2026 guidance at 0.830-0.83 EPS. As a group, equities research analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Monday, December 22nd were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Monday, December 22nd. Johnson Controls International’s dividend payout ratio is presently 31.43%.

Johnson Controls International Profile

Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.