AGF Management Ltd. Sells 99,069 Shares of Johnson Controls International plc $JCI

AGF Management Ltd. cut its holdings in Johnson Controls International plc (NYSE:JCI) by 16.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 496,617 shares of the company’s stock after selling 99,069 shares during the quarter. AGF Management Ltd. owned 0.08% of Johnson Controls International worth $52,453,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of JCI. Truvestments Capital LLC grew its stake in shares of Johnson Controls International by 425.0% in the 1st quarter. Truvestments Capital LLC now owns 315 shares of the company’s stock worth $25,000 after buying an additional 255 shares in the last quarter. Accent Capital Management LLC purchased a new position in Johnson Controls International in the first quarter worth about $26,000. Cornerstone Planning Group LLC grew its position in Johnson Controls International by 74.5% in the first quarter. Cornerstone Planning Group LLC now owns 363 shares of the company’s stock worth $28,000 after acquiring an additional 155 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Johnson Controls International during the second quarter worth approximately $28,000. Finally, Activest Wealth Management raised its position in Johnson Controls International by 56.4% during the first quarter. Activest Wealth Management now owns 369 shares of the company’s stock valued at $30,000 after purchasing an additional 133 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Up 0.1%

NYSE:JCI opened at $122.33 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.96 and a quick ratio of 0.81. Johnson Controls International plc has a 1-year low of $68.03 and a 1-year high of $123.37. The company has a 50-day moving average of $109.63 and a 200 day moving average of $104.20. The firm has a market cap of $80.05 billion, a PE ratio of 36.30, a price-to-earnings-growth ratio of 1.70 and a beta of 1.36.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Wednesday, November 5th. The company reported $1.26 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.06. Johnson Controls International had a return on equity of 14.71% and a net margin of 9.53%.The company had revenue of $6.44 billion during the quarter, compared to analyst estimates of $6.31 billion. During the same quarter in the prior year, the business earned $1.28 earnings per share. Johnson Controls International’s revenue was up 3.1% on a year-over-year basis. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS. Q1 2026 guidance at 0.830-0.83 EPS. As a group, research analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Monday, September 22nd were paid a $0.40 dividend. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.37. The ex-dividend date was Monday, September 22nd. This represents a $1.60 dividend on an annualized basis and a yield of 1.3%. Johnson Controls International’s dividend payout ratio (DPR) is 47.48%.

Insiders Place Their Bets

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 10,500 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $122.03, for a total transaction of $1,281,315.00. Following the transaction, the vice president owned 115,220 shares in the company, valued at approximately $14,060,296.60. This represents a 8.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $105.73, for a total value of $625,604.41. Following the completion of the transaction, the vice president owned 25,005 shares of the company’s stock, valued at $2,643,778.65. This trade represents a 19.14% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 17,839 shares of company stock valued at $2,056,315. Insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on JCI shares. Royal Bank Of Canada lifted their target price on Johnson Controls International from $116.00 to $135.00 and gave the stock a “sector perform” rating in a report on Thursday. Citigroup boosted their price objective on shares of Johnson Controls International from $112.00 to $119.00 and gave the company a “neutral” rating in a research report on Thursday, October 9th. Robert W. Baird increased their target price on shares of Johnson Controls International from $110.00 to $115.00 and gave the company a “neutral” rating in a research note on Tuesday, October 14th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Johnson Controls International from $124.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $120.00 price objective on shares of Johnson Controls International in a research report on Thursday, July 24th. Ten analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $120.72.

Johnson Controls International Profile

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.