Legal & General Group Plc Boosts Stock Holdings in Johnson Controls International plc $JCI

Legal & General Group Plc lifted its stake in Johnson Controls International plc (NYSE:JCI) by 4.6% in the third quarter, HoldingsChannel reports. The firm owned 5,944,825 shares of the company’s stock after acquiring an additional 262,627 shares during the quarter. Legal & General Group Plc’s holdings in Johnson Controls International were worth $653,634,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of JCI. Norges Bank purchased a new stake in Johnson Controls International during the 2nd quarter worth about $795,325,000. Ameriprise Financial Inc. raised its position in shares of Johnson Controls International by 140.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,575,414 shares of the company’s stock worth $483,281,000 after acquiring an additional 2,675,157 shares in the last quarter. Nordea Investment Management AB lifted its stake in Johnson Controls International by 1,545.8% during the third quarter. Nordea Investment Management AB now owns 2,134,324 shares of the company’s stock worth $232,705,000 after purchasing an additional 2,004,643 shares during the last quarter. Viking Global Investors LP purchased a new position in Johnson Controls International in the second quarter valued at approximately $153,235,000. Finally, M&G PLC increased its stake in Johnson Controls International by 70.3% in the second quarter. M&G PLC now owns 2,954,998 shares of the company’s stock valued at $313,230,000 after purchasing an additional 1,219,980 shares during the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International Stock Performance

Shares of JCI stock opened at $134.07 on Wednesday. The stock has a fifty day moving average price of $127.76 and a 200 day moving average price of $117.98. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.81 and a current ratio of 0.99. The stock has a market cap of $82.06 billion, a PE ratio of 25.25, a P/E/G ratio of 1.50 and a beta of 1.38. Johnson Controls International plc has a 1 year low of $68.03 and a 1 year high of $146.49.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.05. The business had revenue of $5.80 billion during the quarter, compared to analysts’ expectations of $5.64 billion. Johnson Controls International had a return on equity of 17.15% and a net margin of 14.17%.The business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the business posted $0.64 earnings per share. 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. Sell-side analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Monday, March 16th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, March 16th. Johnson Controls International’s dividend payout ratio is 30.13%.

Insider Activity

In other Johnson Controls International news, Director Mark Vergnano purchased 7,665 shares of the stock in a transaction dated Thursday, February 5th. The shares were acquired at an average cost of $131.94 per share, for a total transaction of $1,011,320.10. Following the completion of the transaction, the director directly 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 purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Daniel C. Mcconeghy sold 3,600 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $142.56, for a total transaction of $513,216.00. Following the transaction, the vice president directly owned 24,273 shares of the company’s stock, valued at approximately $3,460,358.88. This trade represents a 12.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.29% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on JCI. JPMorgan Chase & Co. increased their target price on shares of Johnson Controls International from $138.00 to $158.00 and gave the company an “overweight” rating in a research report on Friday, February 6th. HSBC boosted their target price on Johnson Controls International from $79.00 to $127.00 and gave the company a “hold” rating in a report on Monday, November 24th. Rothschild & Co Redburn lifted their price target on Johnson Controls International from $137.00 to $150.00 and gave the stock a “buy” rating in a research report on Monday, February 9th. Barclays increased their price objective on Johnson Controls International from $125.00 to $136.00 and gave the company an “equal weight” rating in a report on Thursday, February 5th. Finally, Melius Research set a $148.00 price target on shares of Johnson Controls International in a research report on Wednesday, January 7th. Twelve investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Johnson Controls International has a consensus rating of “Moderate Buy” and a consensus target price of $135.00.

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.