Alkeon Capital Management LLC Has $68.17 Million Position in Johnson Controls International plc $JCI

Alkeon Capital Management LLC cut its position in Johnson Controls International plc (NYSE:JCI) by 49.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 620,000 shares of the company’s stock after selling 600,000 shares during the quarter. Alkeon Capital Management LLC owned 0.09% of Johnson Controls International worth $68,169,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Johnson Controls International by 1.3% during the second quarter. Vanguard Group Inc. now owns 69,365,463 shares of the company’s stock worth $7,326,380,000 after purchasing an additional 920,777 shares during the last quarter. State Street Corp raised its holdings in Johnson Controls International by 2.5% in the 2nd quarter. State Street Corp now owns 28,521,478 shares of the company’s stock valued at $3,022,673,000 after buying an additional 683,467 shares during the last quarter. Franklin Resources Inc. boosted its position in Johnson Controls International by 3.0% during the 2nd quarter. Franklin Resources Inc. now owns 23,223,902 shares of the company’s stock worth $2,452,909,000 after buying an additional 675,862 shares during the period. Fisher Asset Management LLC boosted its position in Johnson Controls International by 2.1% during the 3rd quarter. Fisher Asset Management LLC now owns 16,959,249 shares of the company’s stock worth $1,864,670,000 after buying an additional 354,266 shares during the period. Finally, Capital World Investors grew its holdings in Johnson Controls International by 0.3% during the 3rd quarter. Capital World Investors now owns 7,535,476 shares of the company’s stock worth $828,526,000 after acquiring an additional 19,550 shares during the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, VP Daniel C. Mcconeghy sold 3,600 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $142.56, for a total transaction of $513,216.00. Following the transaction, the vice president owned 24,273 shares in the company, valued at $3,460,358.88. The trade was a 12.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mark Vergnano bought 7,665 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The shares were bought at an average cost of $131.94 per share, for a total transaction of $1,011,320.10. Following the completion of the purchase, the director owned 37,602 shares of the company’s stock, valued at $4,961,207.88. This represents a 25.60% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.29% of the company’s stock.

Analysts Set New Price Targets

JCI has been the subject of several analyst reports. Morgan Stanley raised their price target on shares of Johnson Controls International from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday. Royal Bank Of Canada boosted their price objective on shares of Johnson Controls International from $135.00 to $140.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 5th. Wells Fargo & Company increased their price objective on Johnson Controls International from $135.00 to $145.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Wolfe Research increased their price objective on Johnson Controls International from $149.00 to $161.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Finally, Rothschild & Co Redburn raised their target price on Johnson Controls International from $137.00 to $150.00 and gave the stock a “buy” rating in a research report on Monday, February 9th. Twelve research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $135.53.

Johnson Controls International Stock Performance

Shares of Johnson Controls International stock opened at $130.17 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.81 and a debt-to-equity ratio of 0.66. The business has a 50-day moving average price of $128.43 and a two-hundred day moving average price of $118.42. Johnson Controls International plc has a 1-year low of $68.03 and a 1-year high of $146.49. The company has a market cap of $79.67 billion, a P/E ratio of 24.51, a PEG ratio of 1.47 and a beta of 1.38.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.05. Johnson Controls International had a return on equity of 17.15% and a net margin of 14.17%.The company had revenue of $5.80 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same period in the previous year, the business earned $0.64 EPS. The firm’s revenue was up 6.8% compared to the same quarter last year. Johnson Controls International has set its FY 2026 guidance at 4.700-4.700 EPS and its Q2 2026 guidance at 1.110-1.110 EPS. As a group, analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Monday, March 16th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.60 annualized dividend and a yield of 1.2%. Johnson Controls International’s payout ratio is 30.13%.

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.