Cornerstone Advisors LLC Trims Stock Position in Johnson Controls International plc $JCI

Cornerstone Advisors LLC decreased its position in Johnson Controls International plc (NYSE:JCIFree Report) by 21.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,100 shares of the company’s stock after selling 3,800 shares during the period. Cornerstone Advisors LLC’s holdings in Johnson Controls International were worth $1,550,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Fulton Bank N.A. lifted its holdings in shares of Johnson Controls International by 0.7% in the 3rd quarter. Fulton Bank N.A. now owns 12,645 shares of the company’s stock worth $1,390,000 after buying an additional 91 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of Johnson Controls International by 12.6% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 860 shares of the company’s stock valued at $95,000 after buying an additional 96 shares during the period. Gilbert & Cook Inc. raised its holdings in shares of Johnson Controls International by 1.5% in the second quarter. Gilbert & Cook Inc. now owns 6,769 shares of the company’s stock valued at $715,000 after acquiring an additional 97 shares in the last quarter. Nwam LLC raised its holdings in shares of Johnson Controls International by 1.1% in the second quarter. Nwam LLC now owns 9,141 shares of the company’s stock valued at $951,000 after acquiring an additional 97 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in Johnson Controls International by 2.0% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 5,155 shares of the company’s stock worth $567,000 after acquiring an additional 99 shares during the period. Institutional investors own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on JCI shares. Mizuho raised their target price on shares of Johnson Controls International from $120.00 to $130.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Wolfe Research increased their price objective on shares of Johnson Controls International from $138.00 to $139.00 and gave the company an “outperform” rating in a research note on Thursday, January 15th. Argus reissued a “buy” rating and set a $145.00 price objective on shares of Johnson Controls International in a report on Friday, November 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Johnson Controls International in a research note on Thursday, January 22nd. Finally, Wells Fargo & Company increased their target price on Johnson Controls International from $135.00 to $145.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Twelve analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, Johnson Controls International currently has a consensus rating of “Moderate Buy” and a consensus price target of $133.84.

Get Our Latest Analysis on JCI

Insider Activity at Johnson Controls International

In other news, VP Lei Zhang Schlitz sold 32,031 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $113.20, for a total transaction of $3,625,909.20. Following the transaction, the vice president owned 66,780 shares in the company, valued at $7,559,496. This represents a 32.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Todd M. Grabowski sold 6,050 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $134.90, for a total transaction of $816,145.00. Following the completion of the transaction, the vice president directly owned 34,836 shares of the company’s stock, valued at $4,699,376.40. The trade was a 14.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is currently owned by corporate insiders.

Johnson Controls International Trading Down 1.8%

NYSE JCI opened at $139.65 on Thursday. Johnson Controls International plc has a 52 week low of $68.03 and a 52 week high of $143.17. The company has a 50 day moving average price of $121.80 and a 200 day moving average price of $114.45. The company has a quick ratio of 0.81, a current ratio of 0.99 and a debt-to-equity ratio of 0.66. The firm has a market cap of $85.48 billion, a PE ratio of 26.30, a price-to-earnings-growth ratio of 1.60 and a beta of 1.43.

Johnson Controls International (NYSE:JCIGet Free Report) last announced its earnings results on Wednesday, February 4th. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.05. The company had revenue of $5.80 billion during the quarter, compared to the consensus estimate of $5.64 billion. Johnson Controls International had a net margin of 14.17% and a return on equity of 17.15%. Johnson Controls International’s revenue was up 6.8% compared to the same quarter last year. During the same period last year, the firm earned $0.64 earnings per share. Johnson Controls International has set its FY 2026 guidance at 4.700-4.700 EPS and its Q2 2026 guidance at 1.110-1.110 EPS. As a group, sell-side analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Monday, December 22nd were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Monday, December 22nd. Johnson Controls International’s dividend payout ratio is currently 30.13%.

Johnson Controls International Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Johnson Controls International (NYSE:JCI)

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