Johnson Controls International plc $JCI Shares Sold by Texas Permanent School Fund Corp

Texas Permanent School Fund Corp cut its holdings in Johnson Controls International plc (NYSE:JCI) by 43.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,200 shares of the company’s stock after selling 35,924 shares during the quarter. Texas Permanent School Fund Corp’s holdings in Johnson Controls International were worth $4,880,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in JCI. Vanguard Group Inc. grew its holdings in shares of Johnson Controls International by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 69,365,463 shares of the company’s stock worth $7,326,380,000 after acquiring an additional 920,777 shares during the last quarter. Summit X LLC acquired a new position in shares of Johnson Controls International in the 2nd quarter valued at $232,000. Ethic Inc. increased its stake in Johnson Controls International by 3.5% in the 2nd quarter. Ethic Inc. now owns 112,959 shares of the company’s stock worth $11,869,000 after purchasing an additional 3,793 shares in the last quarter. Yeomans Consulting Group Inc. purchased a new position in Johnson Controls International in the 2nd quarter worth about $304,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Johnson Controls International by 5.8% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,252,040 shares of the company’s stock worth $132,240,000 after buying an additional 68,393 shares during the period. Institutional investors own 90.05% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on JCI. Wells Fargo & Company lifted their target price on shares of Johnson Controls International from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. Mizuho raised their price objective on shares of Johnson Controls International from $105.00 to $120.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Citigroup lifted their price objective 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. Weiss Ratings restated a “buy (b)” rating on shares of Johnson Controls International in a report on Wednesday, October 8th. Finally, Royal Bank Of Canada lifted their price target on Johnson Controls International from $116.00 to $135.00 and gave the company a “sector perform” rating in a report on Thursday, November 6th. Ten research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $121.05.

Johnson Controls International Stock Down 1.9%

JCI stock opened at $116.56 on Thursday. Johnson Controls International plc has a 12-month low of $68.03 and a 12-month high of $123.78. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 0.66. The company has a market cap of $71.23 billion, a price-to-earnings ratio of 22.90, a PEG ratio of 1.42 and a beta of 1.41. The company has a 50 day moving average of $114.52 and a two-hundred day moving average of $109.08.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $1.26 EPS for the quarter, beating the consensus estimate of $1.20 by $0.06. Johnson Controls International had a net margin of 13.95% and a return on equity of 15.35%. The business had revenue of $6.44 billion for the quarter, compared to analysts’ expectations of $6.31 billion. During the same period in the previous year, the company posted $1.28 EPS. Johnson Controls International’s revenue was up 3.1% on a year-over-year basis. 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, equities analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Monday, December 22nd will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, December 22nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.4%. Johnson Controls International’s dividend payout ratio (DPR) is 31.43%.

Insider Buying and Selling at Johnson Controls International

In other news, VP Lei Zhang Schlitz sold 32,031 shares of Johnson Controls International stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $113.20, for a total transaction of $3,625,909.20. Following the completion of the sale, the vice president directly owned 66,780 shares in the company, valued at $7,559,496. The trade was a 32.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.54% of the stock is owned by company insiders.

About Johnson Controls International

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.