Beutel Goodman & Co Ltd. Reduces Stock Position in Johnson Controls International plc $JCI

Beutel Goodman & Co Ltd. reduced its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 10.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 73,575 shares of the company’s stock after selling 8,730 shares during the quarter. Beutel Goodman & Co Ltd.’s holdings in Johnson Controls International were worth $7,770,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd bought a new position in Johnson Controls International during the 2nd quarter valued at $28,000. MTM Investment Management LLC acquired a new stake in shares of Johnson Controls International in the 2nd quarter valued at about $32,000. Truvestments Capital LLC lifted its position 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 last quarter. Elevation Point Wealth Partners LLC acquired a new position in Johnson Controls International in the second quarter worth about $34,000. Finally, Hilltop National Bank bought a new stake in Johnson Controls International in the second quarter valued at about $35,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Insiders Place Their Bets

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 32,031 shares of the business’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $113.20, for a total transaction of $3,625,909.20. Following the completion of the transaction, the vice president owned 66,780 shares in the company, valued at approximately $7,559,496. The trade was a 32.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.54% of the stock is owned by insiders.

Johnson Controls International Stock Performance

Shares of JCI opened at $114.20 on Friday. The firm has a fifty day moving average of $113.17 and a 200-day moving average of $107.95. The company has a market cap of $69.79 billion, a price-to-earnings ratio of 22.44, a price-to-earnings-growth ratio of 1.37 and a beta of 1.41. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.76 and a current ratio of 0.93. Johnson Controls International plc has a 1 year low of $68.03 and a 1 year high of $123.78.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.06. The firm had revenue of $6.44 billion for the quarter, compared to the consensus estimate of $6.31 billion. Johnson Controls International had a net margin of 13.95% and a return on equity of 15.35%. Johnson Controls International’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period last year, the firm posted $1.28 EPS. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS and its Q1 2026 guidance at 0.830-0.83 EPS. As a group, equities analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Monday, December 22nd will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.4%. The ex-dividend date is Monday, December 22nd. Johnson Controls International’s dividend payout ratio (DPR) is currently 31.43%.

Analysts Set New Price Targets

A number of research analysts have commented on JCI shares. Deutsche Bank Aktiengesellschaft increased their target price on Johnson Controls International from $124.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. 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 report on Thursday, November 6th. Mizuho boosted their target price on shares of Johnson Controls International from $105.00 to $120.00 and gave the company a “neutral” rating in a research note on Thursday, November 6th. JPMorgan Chase & Co. increased their target price on shares of Johnson Controls International from $105.00 to $125.00 and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Finally, Robert W. Baird raised their price target on shares of Johnson Controls International from $110.00 to $115.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 14th. Ten analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat, Johnson Controls International currently has a consensus rating of “Hold” and an average target price of $121.32.

About Johnson Controls International

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.