Johnson Controls International plc $JCI Shares Sold by Baker Avenue Asset Management LP

Baker Avenue Asset Management LP lessened its stake in Johnson Controls International plc (NYSE:JCI) by 5.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 192,136 shares of the company’s stock after selling 11,750 shares during the quarter. Baker Avenue Asset Management LP’s holdings in Johnson Controls International were worth $20,293,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Truvestments Capital LLC lifted its stake in Johnson Controls International by 425.0% in the first quarter. Truvestments Capital LLC now owns 315 shares of the company’s stock worth $25,000 after acquiring an additional 255 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Johnson Controls International in the 2nd quarter valued at $28,000. Activest Wealth Management lifted 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 purchasing an additional 133 shares during the last quarter. MTM Investment Management LLC acquired a new position in shares of Johnson Controls International during the second quarter worth $32,000. Finally, Elevation Point Wealth Partners LLC acquired a new position in shares of Johnson Controls International during the second quarter worth $34,000. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Johnson Controls International

In related news, VP Lei Zhang Schlitz sold 32,031 shares of the 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 sale, the vice president directly owned 66,780 shares of the company’s stock, valued at $7,559,496. This trade represents a 32.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.54% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have weighed in on JCI. Barclays raised their price target on Johnson Controls International from $101.00 to $119.00 and gave the company an “equal weight” rating in a research note on Thursday, November 6th. Argus reissued a “buy” rating and set a $145.00 target price on shares of Johnson Controls International in a research report on Friday, November 7th. Deutsche Bank Aktiengesellschaft upped their price target on Johnson Controls International from $124.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, October 2nd. Royal Bank Of Canada raised their price objective on shares of Johnson Controls International from $116.00 to $135.00 and gave the stock a “sector perform” rating in a report on Thursday, November 6th. Finally, UBS Group restated a “buy” rating and set a $124.00 price objective on shares of Johnson Controls International in a research report on Thursday, November 6th. Ten analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $121.32.

Johnson Controls International Trading Up 0.0%

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

Johnson Controls International (NYSE:JCI) last announced its earnings results on Wednesday, November 5th. The company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.06. The business had revenue of $6.44 billion during 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%. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.28 earnings per share. 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. Analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Monday, December 22nd will be issued a $0.40 dividend. The ex-dividend date of this dividend is Monday, December 22nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.4%. Johnson Controls International’s payout ratio is presently 31.43%.

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.