QRG Capital Management Inc. Sells 126,784 Shares of Johnson Controls International plc $JCI

QRG Capital Management Inc. trimmed its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 33.9% during the third quarter, HoldingsChannel reports. The firm owned 246,715 shares of the company’s stock after selling 126,784 shares during the quarter. QRG Capital Management Inc.’s holdings in Johnson Controls International were worth $27,126,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently added to or reduced their stakes in the stock. Fulton Bank N.A. increased its stake in shares of Johnson Controls International by 0.7% during the 3rd quarter. Fulton Bank N.A. now owns 12,645 shares of the company’s stock worth $1,390,000 after purchasing an additional 91 shares during the last quarter. Gilbert & Cook Inc. grew its holdings in Johnson Controls International by 1.5% during the second quarter. Gilbert & Cook Inc. now owns 6,769 shares of the company’s stock valued at $715,000 after purchasing an additional 97 shares during the period. Nwam LLC increased its position in Johnson Controls International by 1.1% in the second quarter. Nwam LLC now owns 9,141 shares of the company’s stock worth $951,000 after buying an additional 97 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of Johnson Controls International by 2.0% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 5,155 shares of the company’s stock valued at $567,000 after buying an additional 99 shares during the period. Finally, Baron Wealth Management LLC lifted its position in shares of Johnson Controls International by 2.7% during the 3rd quarter. Baron Wealth Management LLC now owns 3,937 shares of the company’s stock valued at $433,000 after buying an additional 105 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Price Performance

NYSE:JCI opened at $114.66 on Friday. Johnson Controls International plc has a 52-week low of $68.03 and a 52-week high of $124.07. The stock has a fifty day moving average of $116.79 and a 200 day moving average of $111.19. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.76 and a current ratio of 0.93. The firm has a market capitalization of $70.07 billion, a price-to-earnings ratio of 22.53, a P/E/G ratio of 1.36 and a beta of 1.41.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $1.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.06. The firm had revenue of $6.44 billion during the quarter, compared to the consensus estimate of $6.31 billion. Johnson Controls International had a return on equity of 15.35% and a net margin of 13.95%.The company’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter last year, the company posted $1.28 EPS. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS and its Q1 2026 guidance at 0.830-0.83 EPS. On average, research analysts expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Monday, December 22nd were given a dividend of $0.40 per share. The ex-dividend date was Monday, December 22nd. This represents a $1.60 annualized dividend and a dividend yield of 1.4%. Johnson Controls International’s dividend payout ratio is 31.43%.

Wall Street Analysts Forecast Growth

Several research firms have commented on JCI. Melius raised shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $148.00 price objective on the stock in a report on Wednesday, January 7th. Morgan Stanley upped their price target on shares of Johnson Controls International from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Tuesday. HSBC lifted their price objective on shares of Johnson Controls International from $79.00 to $127.00 and gave the company a “hold” rating in a research note on Monday, November 24th. Barclays raised their price target on Johnson Controls International from $119.00 to $125.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 7th. Finally, Royal Bank Of Canada increased their price objective on Johnson Controls International from $116.00 to $135.00 and gave the stock a “sector perform” rating in a report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $127.26.

Insider Buying and Selling at Johnson Controls International

In related news, VP Lei Zhang Schlitz sold 32,031 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $113.20, for a total value of $3,625,909.20. Following the completion of the sale, the vice president owned 66,780 shares in the company, valued at $7,559,496. The trade was a 32.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.54% 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.