Balyasny Asset Management L.P. Sells 289,915 Shares of Johnson Controls International plc $JCI

Balyasny Asset Management L.P. reduced its stake in shares of Johnson Controls International plc (NYSE:JCI) by 20.0% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,159,171 shares of the company’s stock after selling 289,915 shares during the period. Balyasny Asset Management L.P.’s holdings in Johnson Controls International were worth $122,432,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Truvestments Capital LLC lifted its position in Johnson Controls International by 425.0% during the first quarter. Truvestments Capital LLC now owns 315 shares of the company’s stock worth $25,000 after purchasing an additional 255 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in shares of Johnson Controls International in the 2nd quarter valued at approximately $28,000. Activest Wealth Management lifted its holdings in shares of Johnson Controls International by 56.4% during the 1st quarter. Activest Wealth Management now owns 369 shares of the company’s stock worth $30,000 after acquiring an additional 133 shares during the period. MTM Investment Management LLC bought a new stake in shares of Johnson Controls International during the 2nd quarter worth approximately $32,000. Finally, Elevation Point Wealth Partners LLC acquired a new stake in shares of Johnson Controls International during the 2nd quarter worth approximately $34,000. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Trading Down 2.8%

Shares of NYSE JCI opened at $114.79 on Friday. The firm has a 50 day moving average price of $114.00 and a two-hundred day moving average price of $108.69. The stock has a market cap of $70.15 billion, a P/E ratio of 22.55, a price-to-earnings-growth ratio of 1.41 and a beta of 1.41. Johnson Controls International plc has a 52-week low of $68.03 and a 52-week high of $123.78. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.76 and a current ratio of 0.93.

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

Johnson Controls International Dividend Announcement

The business 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 $0.40 dividend. The ex-dividend date of this dividend is Monday, December 22nd. This represents a $1.60 annualized dividend and a dividend yield of 1.4%. Johnson Controls International’s dividend payout ratio is presently 31.43%.

Insider Activity

In related news, VP Lei Zhang Schlitz sold 32,031 shares of Johnson Controls International stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $113.20, for a total value of $3,625,909.20. Following the transaction, the vice president directly owned 66,780 shares of the company’s stock, valued at $7,559,496. The trade was a 32.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.54% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Royal Bank Of Canada boosted their price objective on shares of Johnson Controls International from $116.00 to $135.00 and gave the company a “sector perform” rating in a research report on Thursday, November 6th. UBS Group restated a “buy” rating and set a $124.00 price objective on shares of Johnson Controls International in a research report on Thursday, November 6th. Citigroup increased their target price on shares of Johnson Controls International from $112.00 to $119.00 and gave the stock a “neutral” rating in a report on Thursday, October 9th. Weiss Ratings reissued a “buy (b)” rating on shares of Johnson Controls International in a research note on Wednesday, October 8th. Finally, HSBC boosted their target price on shares of Johnson Controls International from $79.00 to $127.00 and gave the stock a “hold” rating in a research note on Monday, November 24th. Ten equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $121.32.

Johnson Controls International Company Profile

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.