Johnson Controls International plc $JCI Shares Purchased by Bank of Nova Scotia

Bank of Nova Scotia raised its stake in Johnson Controls International plc (NYSE:JCI) by 63.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 264,615 shares of the company’s stock after buying an additional 102,823 shares during the period. Bank of Nova Scotia’s holdings in Johnson Controls International were worth $29,094,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Arkos Global Advisors boosted its stake in shares of Johnson Controls International by 5.9% during the 3rd quarter. Arkos Global Advisors now owns 5,397 shares of the company’s stock worth $593,000 after acquiring an additional 303 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of Johnson Controls International by 1.3% during the third quarter. Ameriprise Financial Inc. now owns 4,633,008 shares of the company’s stock worth $509,383,000 after purchasing an additional 57,594 shares during the period. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. lifted its holdings in shares of Johnson Controls International by 0.5% during the third quarter. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. now owns 25,286 shares of the company’s stock valued at $2,780,000 after purchasing an additional 125 shares during the last quarter. Viking Global Investors LP lifted its holdings in shares of Johnson Controls International by 368.5% during the third quarter. Viking Global Investors LP now owns 6,796,942 shares of the company’s stock valued at $747,324,000 after purchasing an additional 5,346,130 shares during the last quarter. Finally, Creative Planning boosted its position in shares of Johnson Controls International by 18.2% in the 3rd quarter. Creative Planning now owns 147,877 shares of the company’s stock valued at $16,259,000 after purchasing an additional 22,736 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Stock Up 1.2%

Shares of Johnson Controls International stock opened at $131.72 on Tuesday. 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 $80.62 billion, a P/E ratio of 24.81, a P/E/G ratio of 1.47 and a beta of 1.38. 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 stock has a 50-day moving average price of $128.63 and a 200 day moving average price of $118.65.

Johnson Controls International (NYSE:JCI) last released its earnings results on Wednesday, February 4th. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.05. The company had revenue of $5.80 billion for the quarter, compared to analysts’ expectations of $5.64 billion. Johnson Controls International had a return on equity of 17.15% and a net margin of 14.17%.The business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.64 EPS. 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 expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Monday, March 16th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. Johnson Controls International’s payout ratio is presently 30.13%.

Insider Activity at Johnson Controls International

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

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on JCI. Rothschild & Co Redburn lifted their price target on Johnson Controls International from $137.00 to $150.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. Morgan Stanley upped their price objective 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, March 11th. Weiss Ratings reiterated a “buy (b)” rating on shares of Johnson Controls International in a report on Thursday, January 22nd. Citigroup lifted their target price on shares of Johnson Controls International from $129.00 to $139.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Finally, Wells Fargo & Company boosted their price target on shares of Johnson Controls International from $135.00 to $145.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Twelve investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, Johnson Controls International presently has a consensus rating of “Moderate Buy” and a consensus price target of $135.53.

About Johnson Controls International

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.