Alkeon Capital Management LLC Reduces Position in Johnson Controls International plc $JCI

Alkeon Capital Management LLC trimmed its position in Johnson Controls International plc (NYSE:JCI) by 12.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,220,000 shares of the company’s stock after selling 180,000 shares during the quarter. Alkeon Capital Management LLC owned 0.19% of Johnson Controls International worth $128,856,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd bought a new position in shares of Johnson Controls International during the second quarter valued at about $28,000. MTM Investment Management LLC bought a new position in Johnson Controls International during the 2nd quarter valued at approximately $32,000. Truvestments Capital LLC raised its position in Johnson Controls International by 425.0% during the 1st quarter. Truvestments Capital LLC now owns 315 shares of the company’s stock valued at $25,000 after purchasing an additional 255 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in Johnson Controls International in the 2nd quarter worth approximately $34,000. Finally, Hilltop National Bank bought a new stake in shares of Johnson Controls International in the 2nd quarter worth approximately $35,000. Institutional investors own 90.05% of the company’s stock.

Analysts Set New Price Targets

JCI has been the subject of a number of recent analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Johnson Controls International in a report on Wednesday, October 8th. Robert W. Baird boosted their price target on shares of Johnson Controls International from $110.00 to $115.00 and gave the company a “neutral” rating in a research report on Tuesday, October 14th. Mizuho raised their price objective on shares of Johnson Controls International from $105.00 to $120.00 and gave the stock a “neutral” rating in a report on Thursday, November 6th. The Goldman Sachs Group increased their target price on Johnson Controls International from $124.00 to $142.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Finally, Argus restated a “buy” rating and issued a $145.00 target price on shares of Johnson Controls International in a research note on Friday, November 7th. Ten analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat.com, Johnson Controls International currently has a consensus rating of “Hold” and a consensus target price of $121.32.

Johnson Controls International Trading Down 2.8%

NYSE JCI opened at $114.79 on Friday. The stock’s fifty day moving average price is $114.00 and its 200-day moving average price is $108.69. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 0.66. The stock has a market cap of $70.15 billion, a P/E ratio of 22.55, a P/E/G ratio of 1.41 and a beta of 1.41. Johnson Controls International plc has a 12 month low of $68.03 and a 12 month high of $123.78.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $1.26 EPS for the quarter, beating the consensus estimate of $1.20 by $0.06. The company 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 revenue for the quarter was up 3.1% on a year-over-year basis. During the same period in the prior 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 forecast that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Monday, December 22nd will be paid a $0.40 dividend. The ex-dividend date 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 currently 31.43%.

Insiders Place Their Bets

In related news, VP Lei Zhang Schlitz sold 32,031 shares of the firm’s stock in a transaction that occurred 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 owned 66,780 shares in the company, valued at approximately $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 SEC, which can be accessed through the SEC website. 0.54% of the stock is currently owned by company insiders.

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.