West Family Investments Inc. Increases Position in Johnson Controls International plc $JCI
by Teresa Graham · The Cerbat GemWest Family Investments Inc. boosted its stake in shares of Johnson Controls International plc (NYSE:JCI – Free Report) by 39.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,098 shares of the company’s stock after buying an additional 1,166 shares during the period. West Family Investments Inc.’s holdings in Johnson Controls International were worth $433,000 at the end of the most recent reporting period.
Several other hedge funds have also added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Johnson Controls International in the second quarter worth $28,000. MTM Investment Management LLC purchased a new stake in Johnson Controls International during the 2nd quarter valued at about $32,000. Truvestments Capital LLC grew its position in Johnson Controls International by 425.0% during the 1st quarter. Truvestments Capital LLC now owns 315 shares of the company’s stock valued at $25,000 after purchasing an additional 255 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new stake in Johnson Controls International during the 2nd quarter valued at about $34,000. Finally, Accent Capital Management LLC bought a new stake in Johnson Controls International during the 1st quarter valued at about $26,000. 90.05% of the stock is owned by institutional investors.
Insider Buying and Selling
In other Johnson Controls International news, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total value of $149,395.32. Following the transaction, the vice president directly owned 139,459 shares in the company, valued at approximately $14,651,562.54. This trade represents a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the business’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total transaction of $625,604.41. Following the sale, the vice president directly owned 25,005 shares of the company’s stock, valued at approximately $2,643,778.65. The trade was a 19.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 49,870 shares of company stock valued at $5,682,224. 0.54% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on JCI. UBS Group reiterated a “buy” rating and issued a $124.00 target price on shares of Johnson Controls International in a research note on Thursday, November 6th. Barclays increased their target price on Johnson Controls International from $101.00 to $119.00 and gave the company an “equal weight” rating in a research note on Thursday, November 6th. Wells Fargo & Company boosted their price target on Johnson Controls International from $130.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Deutsche Bank Aktiengesellschaft upped their price target on Johnson Controls International from $124.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, October 2nd. Finally, Mizuho lifted their price objective on Johnson Controls International from $105.00 to $120.00 and gave the stock a “neutral” rating in a report on Thursday, November 6th. Ten investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat.com, Johnson Controls International currently has an average rating of “Hold” and an average price target of $121.32.
Check Out Our Latest Research Report on JCI
Johnson Controls International Price Performance
NYSE JCI opened at $116.31 on Friday. The stock has a market capitalization of $71.08 billion, a price-to-earnings ratio of 34.51, a PEG ratio of 1.70 and a beta of 1.36. Johnson Controls International plc has a 1-year low of $68.03 and a 1-year high of $123.78. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.96 and a quick ratio of 0.81. The business’s fifty day moving average price is $112.58 and its 200-day moving average price is $107.53.
Johnson Controls International (NYSE:JCI – Get Free Report) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.20 by $0.06. The company had revenue of $6.44 billion during the quarter, compared to analyst estimates of $6.31 billion. Johnson Controls International had a return on equity of 14.71% and a net margin of 9.53%.Johnson Controls International’s revenue was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.28 earnings per share. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS. Q1 2026 guidance at 0.830-0.83 EPS. On average, equities analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current year.
Johnson Controls International Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Monday, September 22nd were paid a $0.40 dividend. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.37. The ex-dividend date was Monday, September 22nd. This represents a $1.60 annualized dividend and a dividend yield of 1.4%. Johnson Controls International’s dividend payout ratio (DPR) is currently 31.43%.
Johnson Controls International Profile
Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.
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