8,726 Johnson Controls International plc $JCI Shares Sold by Sterling Capital Management LLC

Sterling Capital Management LLC reduced its position in shares of Johnson Controls International plc (NYSE:JCI) by 73.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,156 shares of the company’s stock after selling 8,726 shares during the quarter. Sterling Capital Management LLC’s holdings in Johnson Controls International were worth $469,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of JCI. XXI Wealth LLC boosted its holdings in shares of Johnson Controls International by 36.0% during the third quarter. XXI Wealth LLC now owns 3,967 shares of the company’s stock worth $590,000 after purchasing an additional 1,051 shares during the period. BIP Wealth LLC grew its holdings in shares of Johnson Controls International by 5.8% during the 3rd quarter. BIP Wealth LLC now owns 1,998 shares of the company’s stock valued at $297,000 after acquiring an additional 109 shares in the last quarter. MBL Wealth LLC grew its holdings in shares of Johnson Controls International by 92.5% during the 3rd quarter. MBL Wealth LLC now owns 4,637 shares of the company’s stock valued at $689,000 after acquiring an additional 2,228 shares in the last quarter. Indiana Trust & Investment Management Co increased its stake in shares of Johnson Controls International by 45.1% in the third quarter. Indiana Trust & Investment Management Co now owns 8,220 shares of the company’s stock worth $1,222,000 after acquiring an additional 2,555 shares during the last quarter. Finally, Adams Diversified Equity Fund Inc. increased its stake in shares of Johnson Controls International by 7.6% in the third quarter. Adams Diversified Equity Fund Inc. now owns 147,700 shares of the company’s stock worth $21,956,000 after acquiring an additional 10,400 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Key Headlines Impacting Johnson Controls International

Here are the key news stories impacting Johnson Controls International this week:

• Positive Sentiment: Results exceeded expectations: JCI reported fourth-quarter adjusted EPS of $1.66 versus the $1.59 consensus, while revenue rose 10.4% year over year to $7.11 billion, topping estimates. Adjusted EPS increased from $1.26 a year earlier. Johnson Controls Reports Q4 and FY26 Results
• Positive Sentiment: Strong forward demand: Organic orders jumped 44% and backlog reached a record $23 billion, up 43% organically. Management expects fiscal 2027 organic revenue growth of 11%-12% and adjusted EPS of $6.15-$6.30, above many prior expectations. Johnson Controls FY 2027 Outlook
• Positive Sentiment: Data-center strategy is attracting investor interest: JCI is shifting resources toward HVAC, thermal management and liquid-cooling systems for AI data centers, where demand is accelerating. The company plans approximately $900 million of fiscal 2027 capital spending to expand capacity. Johnson Controls Beats the Heat in AI Data Centers
• Positive Sentiment: Analyst targets moved higher: Bernstein raised its target to $194 from $190, while Robert W. Baird and Citigroup each raised targets to $172. Morgan Stanley reiterated a Buy rating with a $180 target. Bernstein Price Target Update

Johnson Controls International Stock Performance

Shares of NYSE JCI opened at $157.36 on Thursday. Johnson Controls International plc has a 12 month low of $108.41 and a 12 month high of $160.41. The company has a market cap of $95.32 billion, a P/E ratio of 27.37, a P/E/G ratio of 1.07 and a beta of 1.27. The business’s 50 day moving average is $146.99 and its two-hundred day moving average is $140.37. The company has a quick ratio of 0.83, a current ratio of 1.00 and a debt-to-equity ratio of 0.61.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Tuesday, October 27th. The company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.07. The firm had revenue of $7.11 billion for the quarter, compared to analyst estimates of $7.04 billion. Johnson Controls International had a return on equity of 22.11% and a net margin of 14.32%. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.26 earnings per share. On average, equities analysts expect that Johnson Controls International plc will post 5.08 EPS for the current year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Monday, September 21st were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $1.60 annualized dividend and a dividend yield of 1.0%. Johnson Controls International’s dividend payout ratio (DPR) is presently 27.83%.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Lei Schlitz sold 23,417 shares of Johnson Controls International stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $153.07, for a total value of $3,584,440.19. Following the completion of the transaction, the vice president owned 15,017 shares in the company, valued at approximately $2,298,652.19. The trade was a 60.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on JCI shares. Argus set a $175.00 price target on Johnson Controls International in a research note on Friday, August 7th. Mizuho increased their price objective on Johnson Controls International from $150.00 to $165.00 and gave the stock a “neutral” rating in a report on Thursday, October 15th. Weiss Ratings raised shares of Johnson Controls International from a “buy (b)” rating to a “buy (a)” rating in a research report on Thursday, October 8th. Zacks Research cut shares of Johnson Controls International from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 6th. Finally, The Goldman Sachs Group increased their price target on shares of Johnson Controls International from $186.00 to $191.00 and gave the stock a “buy” rating in a research note on Wednesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Johnson Controls International currently has an average rating of “Moderate Buy” and an average price target of $166.86.

About Johnson Controls International

Johnson Controls International plc (NYSE:JCI) is a global provider of building technology, products and services. The company helps customers design, operate and maintain efficient, healthy and secure buildings through solutions for heating, ventilation and air conditioning, building automation, energy management, fire detection and suppression, and physical security.

Its portfolio includes building controls and digital management platforms, HVAC equipment, chillers, air-handling systems, fire and security technologies, and related services.