GRIMES & Co WEALTH MANAGEMENT LLC Raises Stake in Johnson Controls International plc $JCI

GRIMES & Co WEALTH MANAGEMENT LLC grew its holdings in Johnson Controls International plc (NYSE:JCI) by 327.2% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 15,047 shares of the company’s stock after buying an additional 11,525 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in Johnson Controls International were worth $1,654,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd purchased a new position in shares of Johnson Controls International in the 2nd quarter valued at approximately $28,000. MTM Investment Management LLC purchased a new stake in shares of Johnson Controls International during the second quarter worth approximately $32,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Johnson Controls International during the second quarter worth $34,000. Hilltop National Bank purchased a new position in Johnson Controls International in the 2nd quarter valued at $35,000. Finally, NewSquare Capital LLC increased its stake in Johnson Controls International by 88.1% in the 2nd quarter. NewSquare Capital LLC now owns 380 shares of the company’s stock valued at $40,000 after buying an additional 178 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on JCI shares. Mizuho lifted their target price on shares of Johnson Controls International from $105.00 to $120.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. Wolfe Research lifted their price objective on Johnson Controls International from $135.00 to $138.00 and gave the company an “outperform” rating in a report on Thursday, November 13th. HSBC increased their target price 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. UBS Group restated a “buy” rating and issued a $124.00 price target on shares of Johnson Controls International in a research note on Thursday, November 6th. Finally, Robert W. Baird upped their price objective on Johnson Controls International from $110.00 to $115.00 and gave the stock a “neutral” rating in a report on Tuesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Johnson Controls International presently has a consensus rating of “Moderate Buy” and an average target price of $127.21.

Insiders Place Their Bets

In other 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 value of $3,625,909.20. Following the completion of the transaction, the vice president directly owned 66,780 shares of the company’s stock, valued at $7,559,496. The trade was a 32.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.54% of the company’s stock.

Johnson Controls International Trading Up 0.6%

Shares of JCI stock opened at $112.02 on Wednesday. Johnson Controls International plc has a fifty-two week low of $68.03 and a fifty-two week high of $124.07. The stock has a market cap of $68.46 billion, a P/E ratio of 22.01, a P/E/G ratio of 1.35 and a beta of 1.41. The business has a fifty day simple moving average of $117.31 and a 200-day simple moving average of $111.10. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 0.66.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Wednesday, November 5th. The company reported $1.26 EPS for the quarter, topping the consensus estimate 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 business had revenue of $6.44 billion for the quarter, compared to analyst estimates of $6.31 billion. During the same period in the previous year, the firm earned $1.28 EPS. The business’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, analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

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

Johnson Controls International Company Profile

Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.