California Public Employees Retirement System Decreases Stock Holdings in Johnson Controls International plc $JCI

California Public Employees Retirement System reduced its position in Johnson Controls International plc (NYSE:JCI) by 16.9% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,152,078 shares of the company’s stock after selling 234,917 shares during the period. California Public Employees Retirement System owned 0.18% of Johnson Controls International worth $121,682,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. Norges Bank purchased a new stake in Johnson Controls International during the second quarter valued at approximately $795,325,000. Nuveen LLC acquired a new position in shares of Johnson Controls International during the first quarter worth $219,110,000. AQR Capital Management LLC increased its position in shares of Johnson Controls International by 747.6% during the first quarter. AQR Capital Management LLC now owns 2,034,060 shares of the company’s stock worth $159,186,000 after purchasing an additional 1,794,089 shares in the last quarter. Jennison Associates LLC lifted its holdings in shares of Johnson Controls International by 232.4% during the 2nd quarter. Jennison Associates LLC now owns 2,124,125 shares of the company’s stock valued at $224,350,000 after purchasing an additional 1,485,007 shares during the last quarter. Finally, Alkeon Capital Management LLC acquired a new stake in shares of Johnson Controls International in the 1st quarter worth $112,154,000. Institutional investors own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on JCI shares. Wells Fargo & Company upped their target price on Johnson Controls International from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. HSBC boosted their price target on Johnson Controls International from $79.00 to $127.00 and gave the stock a “hold” rating in a research note on Monday, November 24th. Citigroup increased 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. Royal Bank Of Canada boosted their target price on shares of Johnson Controls International from $116.00 to $135.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 6th. Finally, The Goldman Sachs Group upped their price target on shares of Johnson Controls International from $124.00 to $142.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Ten analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, Johnson Controls International currently has an average rating of “Hold” and an average target price of $121.32.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 32,031 shares of the company’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $113.20, for a total value of $3,625,909.20. Following the sale, the vice president directly owned 66,780 shares of the company’s stock, valued at approximately $7,559,496. This represents a 32.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.54% of the stock is owned by corporate insiders.

Johnson Controls International Price Performance

Shares of NYSE JCI opened at $114.22 on Monday. Johnson Controls International plc has a 52 week low of $68.03 and a 52 week high of $123.78. The business’s 50 day moving average price is $113.31 and its 200 day moving average price is $108.21. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 0.66. The firm has a market cap of $69.80 billion, a P/E ratio of 22.44, a P/E/G ratio of 1.37 and a beta of 1.41.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $1.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.06. Johnson Controls International had a net margin of 13.95% and a return on equity of 15.35%. The company had revenue of $6.44 billion during the quarter, compared to analyst estimates of $6.31 billion. During the same period last year, the firm posted $1.28 EPS. Johnson Controls International’s revenue for the quarter was up 3.1% compared to the same quarter last year. 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. On average, sell-side analysts expect 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 issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, December 22nd. Johnson Controls International’s dividend payout ratio (DPR) is 31.43%.

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.