Aberdeen Group plc Has $96.93 Million Stake in Johnson Controls International plc $JCI

Aberdeen Group plc raised its stake in shares of Johnson Controls International plc (NYSE:JCI) by 9.4% in the second quarter, HoldingsChannel reports. The institutional investor owned 921,209 shares of the company’s stock after purchasing an additional 79,275 shares during the period. Aberdeen Group plc’s holdings in Johnson Controls International were worth $96,930,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of JCI. Nuveen LLC acquired a new stake in shares of Johnson Controls International during the 1st quarter valued at $219,110,000. AQR Capital Management LLC boosted its stake in shares of Johnson Controls International by 747.6% during the 1st quarter. AQR Capital Management LLC now owns 2,034,060 shares of the company’s stock valued at $159,186,000 after buying an additional 1,794,089 shares during the period. Alkeon Capital Management LLC acquired a new stake in shares of Johnson Controls International during the 1st quarter valued at $112,154,000. Voya Investment Management LLC boosted its stake in shares of Johnson Controls International by 637.1% during the 1st quarter. Voya Investment Management LLC now owns 1,567,576 shares of the company’s stock valued at $125,578,000 after buying an additional 1,354,912 shares during the period. Finally, Valeo Financial Advisors LLC boosted its stake in shares of Johnson Controls International by 16,575.7% during the 2nd quarter. Valeo Financial Advisors LLC now owns 1,275,357 shares of the company’s stock valued at $134,703,000 after buying an additional 1,267,709 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Insider Buying and Selling at Johnson Controls International

In related news, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction 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 owned 139,459 shares in the company, valued at $14,651,562.54. This trade represents a 1.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Daniel C. Mcconeghy sold 5,917 shares of Johnson Controls International stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $105.73, for a total transaction of $625,604.41. Following the completion of the transaction, the vice president owned 25,005 shares in the company, valued at $2,643,778.65. This trade represents a 19.14% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,761 shares of company stock worth $922,447 in the last quarter. Insiders own 0.54% of the company’s stock.

Johnson Controls International Stock Performance

Shares of JCI opened at $105.62 on Friday. The company has a market capitalization of $69.12 billion, a PE ratio of 31.34, a price-to-earnings-growth ratio of 1.58 and a beta of 1.33. Johnson Controls International plc has a one year low of $68.03 and a one year high of $112.63. 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 company’s fifty day moving average price is $106.96 and its 200 day moving average price is $99.26.

Johnson Controls International (NYSE:JCI) last announced its earnings results on Tuesday, July 29th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.99 by $0.06. The firm had revenue of $6.05 billion for the quarter, compared to the consensus estimate of $5.99 billion. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. Johnson Controls International has set its FY 2025 guidance at 3.650-3.680 EPS. Q4 2025 guidance at 1.140-1.170 EPS. As a group, analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Monday, September 22nd will be issued a $0.40 dividend. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.37. The ex-dividend date is Monday, September 22nd. This represents a $1.60 annualized dividend and a yield of 1.5%. Johnson Controls International’s payout ratio is 47.48%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on JCI. Oppenheimer lowered shares of Johnson Controls International from an “outperform” rating to a “market perform” rating in a research note on Friday, June 20th. Morgan Stanley lifted their price objective on shares of Johnson Controls International from $115.00 to $125.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Wolfe Research lifted their price objective on shares of Johnson Controls International from $132.00 to $133.00 and gave the company an “outperform” rating in a research note on Friday, September 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Johnson Controls International in a research note on Wednesday. Finally, Zacks Research raised shares of Johnson Controls International to a “hold” rating in a research note on Monday, August 11th. Ten analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, Johnson Controls International has a consensus rating of “Moderate Buy” and a consensus price target of $109.39.

Johnson Controls International Company 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.