Pacer Advisors Inc. Sells 5,978 Shares of Johnson Controls International plc $JCI

Pacer Advisors Inc. reduced its position in Johnson Controls International plc (NYSE:JCI) by 4.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 117,628 shares of the company’s stock after selling 5,978 shares during the quarter. Pacer Advisors Inc.’s holdings in Johnson Controls International were worth $15,403,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on JCI. Wolfe Research reiterated an “outperform” rating and set a $171.00 price objective on shares of Johnson Controls International in a research note on Wednesday, June 3rd. Robert W. Baird increased their price target on shares of Johnson Controls International from $132.00 to $148.00 and gave the stock a “neutral” rating in a report on Monday, April 27th. HSBC raised their price objective on shares of Johnson Controls International from $127.00 to $136.00 in a research report on Thursday, May 7th. 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. Finally, Barclays boosted their price target on shares of Johnson Controls International from $136.00 to $144.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. Two investment 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $153.30.

Johnson Controls International Trading Up 5.0%

Shares of JCI opened at $153.72 on Wednesday. Johnson Controls International plc has a 1-year low of $103.07 and a 1-year high of $154.32. The company has a market capitalization of $93.12 billion, a P/E ratio of 26.73, 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. The firm’s 50 day simple moving average is $142.89 and its 200 day simple moving average is $137.75.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.12. Johnson Controls International had a net margin of 14.32% and a return on equity of 22.11%. The firm had revenue of $6.61 billion for the quarter, compared to analyst estimates of $6.46 billion. During the same quarter in the prior year, the firm earned $1.05 EPS. The business’s revenue for the quarter was up 9.3% compared to the same quarter last year. 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. Sell-side analysts forecast that Johnson Controls International plc will post 5.08 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 15th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Monday, June 15th. Johnson Controls International’s dividend payout ratio is presently 27.83%.

Insider Transactions at Johnson Controls International

In other news, VP Lei Zhang Schlitz sold 88,809 shares of the company’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $140.99, for a total value of $12,521,180.91. Following the completion of the sale, the vice president owned 57,059 shares of the company’s stock, valued at approximately $8,044,748.41. This represents a 60.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Todd M. Grabowski sold 1,800 shares of the business’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total transaction of $263,160.00. Following the completion of the sale, the vice president directly owned 26,215 shares of the company’s stock, valued at $3,832,633. This represents a 6.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company 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.