Truist Financial Corp Reduces Stock Position in Johnson Controls International plc $JCI

Truist Financial Corp cut its holdings in Johnson Controls International plc (NYSE:JCIFree Report) by 27.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 160,364 shares of the company’s stock after selling 60,803 shares during the period. Truist Financial Corp’s holdings in Johnson Controls International were worth $17,632,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Caitong International Asset Management Co. Ltd bought a new position in shares of Johnson Controls International in the second quarter worth $28,000. MTM Investment Management LLC bought a new stake in shares of Johnson Controls International during the 2nd quarter valued at $32,000. Elevation Point Wealth Partners LLC purchased a new stake in Johnson Controls International during the 2nd quarter worth about $34,000. Hilltop National Bank bought a new position in Johnson Controls International in the 2nd quarter worth about $35,000. Finally, NewSquare Capital LLC grew its holdings in Johnson Controls International by 88.1% during 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 in the last quarter. Institutional investors own 90.05% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on JCI shares. UBS Group reissued a “buy” rating and issued a $124.00 price target on shares of Johnson Controls International in a report on Thursday, November 6th. Morgan Stanley upped their target price on shares of Johnson Controls International from $125.00 to $130.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Citigroup increased their target price on shares of Johnson Controls International from $112.00 to $119.00 and gave the stock a “neutral” rating in a research note on Thursday, October 9th. Wolfe Research raised their price target on shares of Johnson Controls International from $138.00 to $139.00 and gave the company an “outperform” rating in a report on Thursday, January 15th. Finally, Hsbc Global Res raised shares of Johnson Controls International to a “hold” rating in a report on Monday, November 24th. Eleven analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $126.61.

Read Our Latest Report on JCI

Johnson Controls International Stock Performance

Johnson Controls International stock opened at $119.26 on Friday. Johnson Controls International plc has a fifty-two week low of $68.03 and a fifty-two week high of $124.07. 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 stock has a market cap of $72.99 billion, a P/E ratio of 23.43, a price-to-earnings-growth ratio of 1.45 and a beta of 1.41. The firm’s fifty day moving average price is $116.47 and its 200-day moving average price is $111.89.

Johnson Controls International (NYSE:JCIGet Free Report) last announced its earnings results on Wednesday, November 5th. The company reported $1.26 earnings per share (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 company had revenue of $6.44 billion during the quarter, compared to analyst estimates of $6.31 billion. During the same period in the previous year, the business earned $1.28 earnings per share. The firm’s quarterly revenue 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, equities research analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Monday, December 22nd were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, December 22nd. Johnson Controls International’s dividend payout ratio (DPR) is currently 31.43%.

Insider Buying and Selling at Johnson Controls International

In related news, VP Lei Zhang Schlitz sold 32,031 shares of the business’s stock in a transaction that occurred 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 sale, the vice president owned 66,780 shares in the company, valued at $7,559,496. The trade was a 32.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.29% of the company’s stock.

Johnson Controls International Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Johnson Controls International (NYSE:JCI)

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