Assetmark Inc. Reduces Holdings in Johnson Controls International plc $JCI

Assetmark Inc. lowered its position in Johnson Controls International plc (NYSE:JCI) by 46.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,150 shares of the company’s stock after selling 13,077 shares during the quarter. Assetmark Inc.’s holdings in Johnson Controls International were worth $1,666,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Norges Bank acquired a new stake in shares of Johnson Controls International in the 2nd quarter worth approximately $795,325,000. Ameriprise Financial Inc. lifted its stake in shares of Johnson Controls International by 140.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,575,414 shares of the company’s stock valued at $483,281,000 after purchasing an additional 2,675,157 shares during the last quarter. Nordea Investment Management AB boosted its stake in shares of Johnson Controls International by 1,545.8% during the 3rd quarter. Nordea Investment Management AB now owns 2,134,324 shares of the company’s stock worth $232,705,000 after acquiring an additional 2,004,643 shares in the last quarter. Jennison Associates LLC raised its position in shares of Johnson Controls International by 232.4% in the second quarter. Jennison Associates LLC now owns 2,124,125 shares of the company’s stock valued at $224,350,000 after purchasing an additional 1,485,007 shares during the period. Finally, Viking Global Investors LP acquired a new stake in shares of Johnson Controls International in the second quarter valued at about $153,235,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have commented on JCI. Mizuho raised their price objective on Johnson Controls International from $120.00 to $130.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Johnson Controls International in a research note on Thursday, January 22nd. Morgan Stanley upped their price objective on Johnson Controls International from $125.00 to $130.00 and gave the company an “overweight” rating in a report on Tuesday, January 13th. Melius Research set a $148.00 target price on Johnson Controls International in a research note on Wednesday, January 7th. Finally, Royal Bank Of Canada lifted their price target on shares of Johnson Controls International from $135.00 to $140.00 and gave the company a “sector perform” rating in a research note on Thursday, February 5th. Twelve investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, Johnson Controls International currently has a consensus rating of “Moderate Buy” and an average price target of $133.84.

Insider Activity

In related news, VP Todd M. Grabowski sold 6,050 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $134.90, for a total transaction of $816,145.00. Following the completion of the sale, the vice president directly owned 34,836 shares in the company, valued at $4,699,376.40. This represents a 14.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Mark Vergnano purchased 7,665 shares of the business’s stock in a transaction on Thursday, February 5th. The stock was purchased at an average cost of $131.94 per share, for a total transaction of $1,011,320.10. Following the completion of the acquisition, the director directly owned 37,602 shares of the company’s stock, valued at approximately $4,961,207.88. The trade was a 25.60% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.29% of the stock is owned by insiders.

Johnson Controls International Trading Up 2.3%

NYSE:JCI opened at $142.73 on Friday. The stock’s fifty day moving average price is $122.30 and its two-hundred day moving average price is $114.64. Johnson Controls International plc has a 1 year low of $68.03 and a 1 year high of $143.17. The company has a market cap of $87.36 billion, a P/E ratio of 26.88, a P/E/G ratio of 1.57 and a beta of 1.43. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.99 and a quick ratio of 0.81.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Wednesday, February 4th. The company reported $0.89 EPS for the quarter, topping the consensus estimate 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 business had revenue of $5.80 billion during the quarter, compared to analysts’ expectations of $5.64 billion. During the same period in the previous year, the business earned $0.64 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. 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 year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Monday, December 22nd were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Monday, December 22nd. Johnson Controls International’s dividend payout ratio is presently 30.13%.

Johnson Controls International 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.