Chicago Partners Investment Group LLC Grows Holdings in Johnson Controls International plc $JCI

Chicago Partners Investment Group LLC boosted its position in Johnson Controls International plc (NYSE:JCI) by 18.4% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 6,312 shares of the company’s stock after acquiring an additional 983 shares during the period. Chicago Partners Investment Group LLC’s holdings in Johnson Controls International were worth $695,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC purchased a new stake in shares of Johnson Controls International in the fourth quarter valued at $222,000. GAMMA Investing LLC lifted its position in Johnson Controls International by 27.8% during the first quarter. GAMMA Investing LLC now owns 14,720 shares of the company’s stock worth $1,179,000 after buying an additional 3,201 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in Johnson Controls International by 66.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 94,756 shares of the company’s stock valued at $7,591,000 after buying an additional 37,984 shares during the period. Exchange Traded Concepts LLC grew its holdings in Johnson Controls International by 10.6% in the 1st quarter. Exchange Traded Concepts LLC now owns 1,722 shares of the company’s stock valued at $138,000 after buying an additional 165 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its stake in shares of Johnson Controls International by 2.9% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 86,617 shares of the company’s stock valued at $6,939,000 after acquiring an additional 2,456 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on JCI. Morgan Stanley raised their target price on shares of Johnson Controls International from $115.00 to $125.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Deutsche Bank Aktiengesellschaft raised their target price on shares of Johnson Controls International from $124.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, October 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of Johnson Controls International in a research report on Wednesday, October 8th. JPMorgan Chase & Co. raised their target price on shares of Johnson Controls International from $105.00 to $125.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Finally, Citigroup raised their target price on shares of Johnson Controls International from $112.00 to $119.00 and gave the stock a “neutral” rating in a research report on Thursday, October 9th. Ten investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $113.41.

Johnson Controls International Trading Up 0.6%

JCI opened at $111.26 on Wednesday. The firm has a market capitalization of $72.81 billion, a P/E ratio of 33.01, a P/E/G ratio of 1.66 and a beta of 1.33. The firm’s 50 day moving average is $107.50 and its 200-day moving average is $100.72. Johnson Controls International plc has a 52-week low of $68.03 and a 52-week high of $112.63. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.06. The business had revenue of $6.05 billion during the quarter, compared to analyst estimates 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. Analysts expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Monday, September 22nd were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.4%. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.37. The ex-dividend date was Monday, September 22nd. Johnson Controls International’s payout ratio is presently 47.48%.

Insiders Place Their Bets

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 5,917 shares of Johnson Controls International stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total value of $625,604.41. Following the completion of the transaction, the vice president owned 25,005 shares of the company’s stock, valued at $2,643,778.65. The trade was a 19.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total transaction of $149,395.32. Following the completion of the transaction, the vice president directly owned 139,459 shares of the company’s stock, valued at approximately $14,651,562.54. This represents a 1.01% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 8,761 shares of company stock valued at $922,447. Insiders own 0.54% of the company’s stock.

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.