Bright Futures Wealth Management LLC. Acquires New Stake in Johnson Controls International plc $JCI

Bright Futures Wealth Management LLC. bought a new position in shares of Johnson Controls International plc (NYSE:JCI) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 5,300 shares of the company’s stock, valued at approximately $583,000.

A number of other large investors have also modified their holdings of JCI. Norges Bank purchased a new position in shares of Johnson Controls International in the second quarter worth about $795,325,000. Ameriprise Financial Inc. lifted its stake in Johnson Controls International by 140.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,575,414 shares of the company’s stock worth $483,281,000 after purchasing an additional 2,675,157 shares in the last quarter. Nordea Investment Management AB boosted its holdings 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 purchasing an additional 2,004,643 shares during the last quarter. Viking Global Investors LP acquired a new position in shares of Johnson Controls International during the 2nd quarter worth approximately $153,235,000. Finally, M&G PLC grew its position in shares of Johnson Controls International by 70.3% in the second quarter. M&G PLC now owns 2,954,998 shares of the company’s stock valued at $313,230,000 after purchasing an additional 1,219,980 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Up 0.4%

Shares of JCI opened at $144.03 on Monday. The company’s 50-day moving average price is $125.47 and its 200 day moving average price is $116.39. Johnson Controls International plc has a 12-month low of $68.03 and a 12-month high of $146.49. 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 firm has a market cap of $88.16 billion, a P/E ratio of 27.12, a price-to-earnings-growth ratio of 1.63 and a beta of 1.38.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.05. The business had revenue of $5.80 billion during the quarter, compared to analysts’ expectations of $5.64 billion. Johnson Controls International had a net margin of 14.17% and a return on equity of 17.15%. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period last year, the business earned $0.64 earnings per share. 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. On average, sell-side analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Dividend Announcement

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

Insiders Place Their Bets

In related news, VP Daniel C. Mcconeghy sold 3,600 shares of the stock in a transaction dated Monday, February 23rd. The stock was 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 of the company’s stock, valued at approximately $3,460,358.88. This represents a 12.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Todd M. Grabowski sold 6,050 shares of the firm’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $134.90, for a total value of $816,145.00. Following the transaction, the vice president owned 34,836 shares of the company’s stock, valued at $4,699,376.40. This trade represents a 14.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.29% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on JCI. HSBC lifted their price objective on Johnson Controls International from $79.00 to $127.00 and gave the stock a “hold” rating in a research report on Monday, November 24th. 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 report on Monday, February 9th. Royal Bank Of Canada upped their price objective on shares of Johnson Controls International from $135.00 to $140.00 and gave the company a “sector perform” rating in a report on Thursday, February 5th. Robert W. Baird set a $132.00 price objective on shares of Johnson Controls International in a research report on Thursday, February 5th. Finally, Citigroup boosted their target price on shares of Johnson Controls International from $129.00 to $139.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Twelve equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, Johnson Controls International currently has a consensus rating of “Moderate Buy” and a consensus target price of $135.00.

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.