Associated Banc Corp Acquires New Position in Johnson Controls International plc $JCI

Associated Banc Corp acquired a new stake in Johnson Controls International plc (NYSE:JCI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,146 shares of the company’s stock, valued at approximately $227,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Truvestments Capital LLC grew its stake in shares of Johnson Controls International by 425.0% during the first quarter. Truvestments Capital LLC now owns 315 shares of the company’s stock worth $25,000 after purchasing an additional 255 shares during the period. Accent Capital Management LLC bought a new position in Johnson Controls International during the first quarter worth about $26,000. Caitong International Asset Management Co. Ltd bought a new position in Johnson Controls International during the second quarter worth about $28,000. Activest Wealth Management grew its position in shares of Johnson Controls International by 56.4% during the 1st quarter. Activest Wealth Management now owns 369 shares of the company’s stock worth $30,000 after buying an additional 133 shares during the period. Finally, MTM Investment Management LLC bought a new stake in shares of Johnson Controls International in the 2nd quarter valued at about $32,000. Institutional investors own 90.05% of the company’s stock.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, VP Nathan D. Manning sold 1,422 shares of the business’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total transaction of $149,395.32. Following the transaction, the vice president owned 139,459 shares of the company’s stock, valued at $14,651,562.54. The trade was a 1.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the company’s stock in a transaction that occurred 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 sale, the vice president owned 25,005 shares in the company, valued at approximately $2,643,778.65. This represents a 19.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 49,870 shares of company stock valued at $5,682,224. 0.54% of the stock is owned by insiders.

Johnson Controls International Trading Up 1.6%

NYSE:JCI opened at $116.52 on Thursday. The company has a market cap of $71.21 billion, a P/E ratio of 34.58, a price-to-earnings-growth ratio of 1.70 and a beta of 1.36. Johnson Controls International plc has a twelve month low of $68.03 and a twelve month high of $123.78. The business has a 50 day moving average price of $112.27 and a two-hundred day moving average price of $107.24. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $1.26 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.06. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. The business had revenue of $6.44 billion for the quarter, compared to analyst estimates of $6.31 billion. During the same quarter in the previous year, the firm posted $1.28 earnings per share. The firm’s revenue for the quarter 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, analysts expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Monday, September 22nd were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Monday, September 22nd. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s dividend payout ratio is 31.43%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. The Goldman Sachs Group lifted their price objective on shares of Johnson Controls International from $124.00 to $142.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Argus reissued a “buy” rating and set a $145.00 price target on shares of Johnson Controls International in a research report on Friday, November 7th. HSBC upped their price objective on shares of Johnson Controls International from $79.00 to $127.00 and gave the company a “hold” rating in a research report on Monday. Wolfe Research lifted their target price on Johnson Controls International from $135.00 to $138.00 and gave the stock an “outperform” rating in a report on Thursday, November 13th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Johnson Controls International in a report on Wednesday, October 8th. Ten analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $121.32.

Johnson Controls International Company 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.