Perpetual Ltd Cuts Holdings in Johnson Controls International plc $JCI

Perpetual Ltd trimmed its position in Johnson Controls International plc (NYSE:JCI) by 21.7% during the 4th quarter, HoldingsChannel reports. The firm owned 198,190 shares of the company’s stock after selling 54,807 shares during the quarter. Perpetual Ltd’s holdings in Johnson Controls International were worth $23,733,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in JCI. Robeco Institutional Asset Management B.V. grew its holdings in shares of Johnson Controls International by 9.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 1,466,780 shares of the company’s stock valued at $161,272,000 after purchasing an additional 122,134 shares in the last quarter. Nordea Investment Management AB increased its position in Johnson Controls International by 1,545.8% in the third 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. Regents Gate Capital LLP raised its stake in Johnson Controls International by 17.4% during the third quarter. Regents Gate Capital LLP now owns 86,144 shares of the company’s stock valued at $9,472,000 after purchasing an additional 12,774 shares in the last quarter. MGO One Seven LLC raised its stake in Johnson Controls International by 573.4% during the third quarter. MGO One Seven LLC now owns 62,624 shares of the company’s stock valued at $6,886,000 after purchasing an additional 53,325 shares in the last quarter. Finally, Bright Futures Wealth Management LLC. bought a new position in Johnson Controls International during the third quarter valued at $583,000. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on JCI shares. The Goldman Sachs Group restated a “buy” rating and issued a $154.00 target price on shares of Johnson Controls International in a report on Thursday, February 5th. Morgan Stanley increased their price target on shares of Johnson Controls International from $130.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, March 11th. Wells Fargo & Company lifted their price target on Johnson Controls International from $135.00 to $145.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Mizuho boosted their price objective on Johnson Controls International from $120.00 to $130.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Finally, Royal Bank Of Canada upped their price objective on Johnson Controls International from $135.00 to $140.00 and gave the company a “sector perform” rating in a research report on Thursday, February 5th. Twelve research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $135.53.

Johnson Controls International Trading Up 0.0%

JCI stock opened at $132.97 on Friday. Johnson Controls International plc has a twelve month low of $68.03 and a twelve month high of $146.49. The stock has a market capitalization of $81.39 billion, a price-to-earnings ratio of 25.04, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39. The company has a quick ratio of 0.81, a current ratio of 0.99 and a debt-to-equity ratio of 0.66. The firm’s fifty day simple moving average is $134.09 and its two-hundred day simple moving average is $120.99.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.84 by $0.05. Johnson Controls International had a net margin of 14.17% and a return on equity of 17.15%. The business had revenue of $5.80 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same quarter in the previous year, the business posted $0.64 EPS. The company’s quarterly 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 earnings per share for the current year.

Johnson Controls International Dividend Announcement

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 dividend payout ratio (DPR) is presently 30.13%.

Insider Buying and Selling at Johnson Controls International

In related news, VP Daniel C. Mcconeghy sold 3,600 shares of the business’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 transaction of $513,216.00. Following the completion of 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 SEC, which is available through this link. Also, Director Mark Vergnano acquired 7,665 shares of Johnson Controls International stock in a transaction that occurred on Thursday, February 5th. The shares were purchased at an average price of $131.94 per share, with a total value of $1,011,320.10. Following the purchase, the director owned 37,602 shares in the company, valued at $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. Insiders own 0.29% of the company’s stock.

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.