State of Alaska Department of Revenue Sells 9,485 Shares of Johnson Controls International plc $JCI

State of Alaska Department of Revenue cut its stake in Johnson Controls International plc (NYSE:JCI) by 13.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 60,837 shares of the company’s stock after selling 9,485 shares during the quarter. State of Alaska Department of Revenue’s holdings in Johnson Controls International were worth $7,285,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. State Street Corp lifted its position in Johnson Controls International by 0.6% in the third quarter. State Street Corp now owns 28,684,645 shares of the company’s stock worth $3,165,286,000 after buying an additional 163,167 shares during the last quarter. Fisher Asset Management LLC lifted its position in Johnson Controls International by 2.1% in the third quarter. Fisher Asset Management LLC now owns 16,959,249 shares of the company’s stock worth $1,864,670,000 after buying an additional 354,266 shares during the last quarter. Capital World Investors lifted its position in Johnson Controls International by 0.3% in the third quarter. Capital World Investors now owns 7,535,476 shares of the company’s stock worth $828,526,000 after buying an additional 19,550 shares during the last quarter. Northern Trust Corp lifted its position in Johnson Controls International by 1.1% in the third quarter. Northern Trust Corp now owns 6,907,287 shares of the company’s stock worth $759,456,000 after buying an additional 72,917 shares during the last quarter. Finally, Viking Global Investors LP lifted its position in Johnson Controls International by 368.5% in the third quarter. Viking Global Investors LP now owns 6,796,942 shares of the company’s stock worth $747,324,000 after buying an additional 5,346,130 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors.

Insider Activity

In related news, VP Todd M. Grabowski sold 6,050 shares of Johnson Controls International stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $134.90, for a total value of $816,145.00. Following the completion of the sale, the vice president directly owned 34,836 shares in the company, valued at $4,699,376.40. The trade was a 14.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Mark Vergnano acquired 7,665 shares of the stock in a transaction that occurred on Thursday, February 5th. The stock was acquired at an average cost of $131.94 per share, with a total value of $1,011,320.10. Following the completion of the purchase, the director owned 37,602 shares of the company’s stock, valued at $4,961,207.88. This trade represents a 25.60% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 0.29% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on JCI shares. Weiss Ratings restated a “buy (b)” rating on shares of Johnson Controls International in a research report on Thursday, January 22nd. Wells Fargo & Company raised their price target on Johnson Controls International from $135.00 to $145.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Robert W. Baird set a $132.00 price target on Johnson Controls International in a research report on Thursday, February 5th. Wolfe Research reduced their target price on Johnson Controls International from $161.00 to $160.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 8th. Finally, Citigroup increased their target price on Johnson Controls International from $139.00 to $150.00 and gave the stock a “neutral” rating in a research note on Monday. Twelve analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $137.15.

Johnson Controls International Stock Performance

JCI stock opened at $142.79 on Tuesday. The company has a quick ratio of 0.81, a current ratio of 0.99 and a debt-to-equity ratio of 0.66. The business’s fifty day simple moving average is $136.51 and its two-hundred day simple moving average is $122.49. Johnson Controls International plc has a twelve month low of $73.55 and a twelve month high of $146.49. The firm has a market cap of $87.40 billion, a price-to-earnings ratio of 26.89, a PEG ratio of 1.61 and a beta of 1.39.

Johnson Controls International (NYSE:JCI) last released its earnings results on Wednesday, February 4th. The company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.05. Johnson Controls International had a return on equity of 17.15% and a net margin of 14.17%.The business had revenue of $5.80 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same quarter last year, the firm posted $0.64 earnings per share. The business’s revenue was up 6.8% compared to the same quarter last year. Johnson Controls International has set its FY 2026 guidance at 4.700-4.700 EPS and its Q2 2026 guidance at 1.110-1.110 EPS. Analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 16th were paid a $0.40 dividend. The ex-dividend date was Monday, March 16th. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. Johnson Controls International’s dividend payout ratio (DPR) is presently 30.13%.

Johnson Controls International Profile

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.