Johnson Controls International plc $JCI Shares Sold by Davis Selected Advisers

Davis Selected Advisers lowered its stake in shares of Johnson Controls International plc (NYSE:JCI) by 24.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 186,004 shares of the company’s stock after selling 59,319 shares during the quarter. Davis Selected Advisers’ holdings in Johnson Controls International were worth $20,451,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in JCI. Catalyst Financial Partners LLC lifted its position in Johnson Controls International by 2.5% during the 3rd quarter. Catalyst Financial Partners LLC now owns 3,398 shares of the company’s stock worth $374,000 after acquiring an additional 84 shares during the period. Fulton Bank N.A. raised its stake in shares of Johnson Controls International by 0.7% during the third quarter. Fulton Bank N.A. now owns 12,645 shares of the company’s stock worth $1,390,000 after purchasing an additional 91 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its holdings 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 worth $95,000 after purchasing an additional 96 shares during the period. MassMutual Private Wealth & Trust FSB grew its position in Johnson Controls International by 2.0% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 5,155 shares of the company’s stock valued at $567,000 after buying an additional 99 shares during the last quarter. Finally, MainStreet Investment Advisors LLC grew its position in Johnson Controls International by 4.7% in the 3rd quarter. MainStreet Investment Advisors LLC now owns 2,230 shares of the company’s stock valued at $245,000 after buying an additional 100 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Price Performance

JCI stock opened at $133.70 on Thursday. The firm has a 50 day moving average of $129.43 and a 200-day moving average of $118.93. The company has a market cap of $81.83 billion, a price-to-earnings ratio of 25.18, a PEG ratio of 1.50 and a beta of 1.38. The company has a current ratio of 0.99, a quick ratio of 0.81 and a debt-to-equity ratio of 0.66. Johnson Controls International plc has a 12-month low of $68.03 and a 12-month high of $146.49.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Wednesday, February 4th. The company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.05. The business had revenue of $5.80 billion for the quarter, compared to analysts’ expectations of $5.64 billion. Johnson Controls International had a return on equity of 17.15% and a net margin of 14.17%.The company’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.64 EPS. 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, equities analysts expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

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

Insider Activity

In related news, VP Daniel C. Mcconeghy sold 3,600 shares of the stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $142.56, for a total value of $513,216.00. Following the sale, the vice president directly owned 24,273 shares of the company’s stock, valued at approximately $3,460,358.88. This represents a 12.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark Vergnano bought 7,665 shares of the company’s stock in a transaction on Thursday, February 5th. The shares were acquired at an average price of $131.94 per share, with a total value of $1,011,320.10. Following the completion of the acquisition, the director directly owned 37,602 shares in the company, valued at $4,961,207.88. This represents a 25.60% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.29% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on JCI shares. The Goldman Sachs Group restated a “buy” rating and set a $154.00 price objective on shares of Johnson Controls International in a research report on Thursday, February 5th. HSBC raised their target price on shares of Johnson Controls International from $79.00 to $127.00 and gave the stock a “hold” rating in a research note on Monday, November 24th. Weiss Ratings reiterated a “buy (b)” rating on shares of Johnson Controls International in a research note on Thursday, January 22nd. Citigroup increased their price target on shares of Johnson Controls International from $129.00 to $139.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Johnson Controls International from $138.00 to $158.00 and gave the company an “overweight” rating in a research report on Friday, February 6th. Twelve research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $135.53.

About Johnson Controls International

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.