Edgestream Partners L.P. Boosts Holdings in Johnson Controls International plc $JCI

Edgestream Partners L.P. increased its stake in shares of Johnson Controls International plc (NYSE:JCI) by 123.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,292 shares of the company’s stock after acquiring an additional 7,347 shares during the quarter. Edgestream Partners L.P.’s holdings in Johnson Controls International were worth $1,741,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Mirae Asset Global Investments Co. Ltd. raised its stake in Johnson Controls International by 14.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 112,411 shares of the company’s stock valued at $13,461,000 after acquiring an additional 14,446 shares during the last quarter. Diversified Management Inc. purchased a new position in shares of Johnson Controls International in the 4th quarter valued at approximately $1,310,000. Abacus Wealth Partners LLC purchased a new position in shares of Johnson Controls International in the 4th quarter valued at approximately $1,233,000. North Dakota State Investment Board purchased a new position in shares of Johnson Controls International in the 4th quarter valued at approximately $2,712,000. Finally, Vista Investment Partners II LLC acquired a new position in shares of Johnson Controls International in the fourth quarter valued at approximately $2,795,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

JCI has been the subject of several analyst reports. Jefferies Financial Group upped their price target on Johnson Controls International from $125.00 to $135.00 and gave the stock a “hold” rating in a research note on Wednesday, April 15th. Oppenheimer reissued a “market perform” rating on shares of Johnson Controls International in a research note on Tuesday, June 2nd. Sanford C. Bernstein started coverage on shares of Johnson Controls International in a research report on Tuesday, June 9th. They set an “outperform” rating and a $176.00 price objective for the company. Wall Street Zen downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Zacks Research upgraded shares of Johnson Controls International from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $153.30.

Johnson Controls International Trading Down 0.1%

Shares of JCI stock opened at $146.57 on Tuesday. The business’s fifty day moving average price is $142.61 and its 200 day moving average price is $137.46. Johnson Controls International plc has a 1-year low of $103.07 and a 1-year high of $151.18. The firm has a market capitalization of $88.79 billion, a PE ratio of 25.49, a P/E/G ratio of 1.52 and a beta of 1.31. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.00 and a quick ratio of 0.83.

Johnson Controls International (NYSE:JCI) last released its earnings results on Wednesday, July 29th. The company reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.30 by $0.12. The company had revenue of $6.61 billion during the quarter, compared to the consensus estimate of $6.46 billion. Johnson Controls International had a return on equity of 22.11% and a net margin of 14.32%.Johnson Controls International’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.05 earnings per share. Johnson Controls International has set its Q4 2026 guidance at 1.550-1.550 EPS and its FY 2026 guidance at 5.050-5.050 EPS. As a group, sell-side analysts forecast that Johnson Controls International plc will post 5.08 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 15th were paid a $0.40 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Johnson Controls International’s dividend payout ratio (DPR) is 27.83%.

Insider Activity

In other Johnson Controls International news, VP Todd M. Grabowski sold 1,800 shares of the company’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $146.20, for a total transaction of $263,160.00. Following the transaction, the vice president directly owned 26,215 shares in the company, valued at approximately $3,832,633. This represents a 6.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Lei Zhang Schlitz sold 88,809 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the completion of the transaction, the vice president directly owned 57,059 shares of the company’s stock, valued at approximately $8,044,748.41. This trade represents a 60.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is owned by company insiders.

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.