Crawford Investment Counsel Inc. Sells 23,337 Shares of Johnson Controls International plc $JCI

Crawford Investment Counsel Inc. reduced its position in shares of Johnson Controls International plc (NYSE:JCIFree Report) by 1.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,362,993 shares of the company’s stock after selling 23,337 shares during the period. Johnson Controls International comprises about 2.5% of Crawford Investment Counsel Inc.’s holdings, making the stock its 3rd largest holding. Crawford Investment Counsel Inc.’s holdings in Johnson Controls International were worth $149,861,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Robeco Institutional Asset Management B.V. grew its position in Johnson Controls International by 9.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,466,780 shares of the company’s stock valued at $161,272,000 after acquiring an additional 122,134 shares in the last quarter. Nordea Investment Management AB increased its stake in Johnson Controls International by 1,545.8% during the third quarter. Nordea Investment Management AB now owns 2,134,324 shares of the company’s stock worth $232,705,000 after purchasing an additional 2,004,643 shares during the period. MGO One Seven LLC lifted its position in shares of Johnson Controls International by 573.4% during the third quarter. MGO One Seven LLC now owns 62,624 shares of the company’s stock worth $6,886,000 after purchasing an additional 53,325 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of Johnson Controls International by 6.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,537,151 shares of the company’s stock worth $167,380,000 after purchasing an additional 91,563 shares in the last quarter. Finally, Bright Futures Wealth Management LLC. purchased a new position in shares of Johnson Controls International in the third quarter valued at approximately $583,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Johnson Controls International

In other news, Director Mark Vergnano acquired 7,665 shares of the firm’s stock in a transaction dated Thursday, February 5th. The stock was acquired at an average cost of $131.94 per share, with a total value of $1,011,320.10. Following the transaction, the director owned 37,602 shares in the company, valued at approximately $4,961,207.88. This trade represents a 25.60% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Daniel C. Mcconeghy sold 3,600 shares of the business’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $142.56, for a total transaction of $513,216.00. Following the transaction, the vice president owned 24,273 shares of the company’s stock, valued at approximately $3,460,358.88. The trade was a 12.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.29% of the company’s stock.

Analyst Ratings Changes

JCI has been the subject of a number of research reports. The Goldman Sachs Group restated a “buy” rating and issued a $154.00 price objective on shares of Johnson Controls International in a report on Thursday, February 5th. Wolfe Research increased their target price on shares of Johnson Controls International from $149.00 to $161.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Rothschild & Co Redburn raised their price target on shares of Johnson Controls International from $137.00 to $150.00 and gave the company a “buy” rating in a research report on Monday, February 9th. Wall Street Zen upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Finally, Robert W. Baird set a $132.00 price objective on Johnson Controls International in a research report on Thursday, February 5th. Twelve analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $135.53.

Check Out Our Latest Report on JCI

Johnson Controls International Stock Performance

Shares of Johnson Controls International stock opened at $130.17 on Friday. The business has a 50-day simple moving average of $128.43 and a 200-day simple moving average of $118.42. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.81 and a current ratio of 0.99. Johnson Controls International plc has a one year low of $68.03 and a one year high of $146.49. The company has a market cap of $79.67 billion, a PE ratio of 24.51, a P/E/G ratio of 1.47 and a beta of 1.38.

Johnson Controls International (NYSE:JCIGet Free Report) last issued 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. Johnson Controls International had a net margin of 14.17% and a return on equity of 17.15%. The firm had revenue of $5.80 billion for the quarter, compared to analysts’ expectations of $5.64 billion. During the same quarter last year, the company earned $0.64 earnings per share. The firm’s revenue was up 6.8% compared to the same quarter last year. 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. On average, equities research analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Monday, March 16th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Monday, March 16th. Johnson Controls International’s dividend payout ratio (DPR) is presently 30.13%.

About Johnson Controls International

(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.

Further Reading

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

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