Key Points
- Director insider sale: Johnson Controls director Juergen Tinggren sold 4,000 shares for approximately $636,760, reducing his direct ownership by 12.8% to 27,236 shares.
- Strong quarterly results: The company reported adjusted EPS of $1.66 and revenue of $7.11 billion, beating estimates, while revenue increased 10.4% year over year.
- Positive growth outlook: Johnson Controls cited a record $23 billion backlog and strong data-center cooling demand; analysts maintain a broadly positive view, with a consensus “Moderate Buy” rating and average price target of $166.86.
Johnson Controls International plc (NYSE:JCI - Get Free Report) Director Juergen Tinggren sold 4,000 shares of the business's stock in a transaction dated Wednesday, October 28th. The stock was sold at an average price of $159.19, for a total value of $636,760.00. Following the sale, the director directly owned 27,236 shares of the company's stock, valued at $4,335,698.84. This represents a 12.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Johnson Controls International Stock Performance
Johnson Controls International stock opened at $158.16 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.83 and a debt-to-equity ratio of 0.55. Johnson Controls International plc has a 1 year low of $108.41 and a 1 year high of $160.41. The company has a market cap of $95.80 billion, a PE ratio of 33.79, a PEG ratio of 1.13 and a beta of 1.27. The company's 50-day moving average is $147.25 and its two-hundred day moving average is $140.60.
Johnson Controls International (NYSE:JCI - Get Free Report) last issued its 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. Johnson Controls International had a net margin of 11.12% and a return on equity of 23.38%. The company had revenue of $7.11 billion for the quarter, compared to analyst estimates of $7.04 billion. During the same quarter last year, the firm earned $1.26 EPS. The company's revenue for the quarter was up 10.4% on a year-over-year basis. Equities analysts anticipate that Johnson Controls International plc will post 6.29 earnings per share for the current year.
Johnson Controls International Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Monday, September 21st were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.0%. The ex-dividend date was Monday, September 21st. Johnson Controls International's dividend payout ratio is currently 27.83%.
Key Stories Impacting Johnson Controls International
Here are the key news stories impacting Johnson Controls International this week:
- Positive Sentiment: Johnson Controls reported fiscal fourth-quarter adjusted EPS of $1.66, above the $1.59 consensus, while revenue reached $7.11 billion versus expectations of $7.04 billion. Revenue increased 10.4% year over year, supporting the recent rally and reinforcing confidence in the company’s operating momentum. Johnson Controls earnings beat article
- Positive Sentiment: Management highlighted a record $23 billion backlog and an above-consensus 2027 outlook. Demand for data-center cooling and related infrastructure remains a key growth driver as artificial-intelligence facilities face power and thermal-management constraints. Johnson Controls data-center article
- Positive Sentiment: Several analysts raised their targets: Bernstein increased its target to $194, while Robert W. Baird lifted its target to $172 and Citigroup to $172. Morgan Stanley reiterated a Buy rating with a $180 target, citing the earnings beat, backlog and outlook. Morgan Stanley Johnson Controls rating
- Neutral Sentiment: Johnson Controls agreed to sell its global intrusion-products business to Truelink Capital. The divestiture could sharpen the company’s focus on data-center cooling and other higher-growth areas, although proceeds and transaction details will determine the financial benefit. Truelink Capital acquisition article
- Negative Sentiment: BNP Paribas Exane raised its price target to $145 but maintained an Underperform rating, implying downside from recent levels. A separate analysis questioned whether elevated debt could limit support for fourth-quarter earnings. Johnson Controls debt analysis
- Negative Sentiment: Director Juergen Tinggren sold 4,000 shares for approximately $636,760, reducing his direct ownership by 12.8%. The transaction is relatively small but may add modest caution after the stock’s strong advance. SEC insider transaction filing
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the company. State Street Corp increased its position in Johnson Controls International by 2.2% during the 2nd quarter. State Street Corp now owns 28,283,873 shares of the company's stock worth $4,143,674,000 after buying an additional 621,319 shares during the period. Amundi lifted its holdings in shares of Johnson Controls International by 157.2% during the first quarter. Amundi now owns 5,965,212 shares of the company's stock worth $781,145,000 after buying an additional 3,646,047 shares in the last quarter. First Trust Advisors LP boosted its position in shares of Johnson Controls International by 28.3% in the first quarter. First Trust Advisors LP now owns 5,761,677 shares of the company's stock valued at $754,492,000 after acquiring an additional 1,270,849 shares during the period. Pictet Asset Management Holding SA boosted its position in shares of Johnson Controls International by 0.9% in the second quarter. Pictet Asset Management Holding SA now owns 2,331,718 shares of the company's stock valued at $340,501,000 after acquiring an additional 20,780 shares during the period. Finally, Hsbc Holdings PLC boosted its position in shares of Johnson Controls International by 702.5% in the first quarter. Hsbc Holdings PLC now owns 1,962,770 shares of the company's stock valued at $256,820,000 after acquiring an additional 1,718,179 shares during the period. 90.05% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of brokerages have issued reports on JCI. Argus set a $175.00 price objective on shares of Johnson Controls International in a research note on Friday, August 7th. Zacks Research cut shares of Johnson Controls International from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 6th. Wall Street Zen cut shares of Johnson Controls International from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. Bank of America increased their price target on Johnson Controls International from $152.00 to $175.00 and gave the company a "buy" rating in a research note on Thursday, October 8th. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of Johnson Controls International in a research report on Wednesday, October 7th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Johnson Controls International currently has a consensus rating of "Moderate Buy" and an average target price of $166.86.
Check Out Our Latest Analysis on Johnson Controls International
Johnson Controls International Company Profile
(
Get Free Report)
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.
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