Nordea Investment Management 13F: Adds $16M to JCI Stake

Nordea Investment Management has increased its stake in Johnson Controls International plc (NYSE:JCI), according to its latest Form 13F filing with the SEC. The fund added 109,133 shares, boosting its position by 4.8% to a total of 2,385,886 shares. The value of this stake is approximately $353.6 million as of the reporting period.

What Changed in Nordea Investment Management's Johnson Controls Position

Nordea Investment Management grew its holdings in Johnson Controls by 4.8%, adding 109,133 shares to its portfolio. This brings the fund's total to 2,385,886 shares, with a reported value of about $353.6 million.

Other Institutional Activity in Johnson Controls

Dodge & Cox reduced its holdings in Johnson Controls by 2,876,755 shares, ending with 57,506,214 shares valued at around $7.53 billion, marking a 4.8% decrease. BlackRock, Inc. increased its position slightly by 263,122 shares, holding 51,303,142 shares worth approximately $6.72 billion, reflecting a 0.5% increase. Vanguard Capital Management LLC opened a new position with 39,771,749 shares valued at about $5.21 billion. State Street Corp trimmed its stake by 202,058 shares, bringing its total to 27,662,554 shares worth $3.63 billion, a 0.7% decrease.

Johnson Controls International plc Stock Up 3.7%

Shares of NYSE:JCI traded near $148.21 on Tuesday. Johnson Controls has a market cap of $90.4 billion and a P/E ratio of 45.3. The stock's 52-week range is between $101.25 and $149.38. Its 50-day moving average is $141.58, while the 200-day moving average is $125.65. The company has a beta of 1.337, indicating moderate volatility compared to the market.

Recent Earnings

Johnson Controls reported revenue of $24.43 billion with a growth rate of 8.2%. The company's net margin stands at 14.5%, and its return on equity is 13.4%. The next earnings report is expected on July 28, 2026.

Dividend

Johnson Controls pays an annual dividend rate of $1.60, yielding 1.1%. The dividend payout ratio is 48%, reflecting a moderate distribution of earnings to shareholders.

Insider Buying and Selling at Johnson Controls International plc

On June 9, 2026, Todd Grabowski, VP and President, Americas, sold 1,800 shares at an average price of $146.20. Irene Esteves purchased 937 shares on June 8, 2026. Earlier, on May 14, 2026, Todd Grabowski sold 4,274 shares at $145.50.

Analysts Set New Price Targets

On June 9, 2026, Morgan Stanley maintained a 'buy' rating with a $175 price target. UBS kept its 'buy' rating with a $180 target on June 2, 2026. Citigroup, RBC Capital, and Barclays maintained 'hold' ratings with targets at $155, $154, and $144, respectively. The consensus among 21 analysts is a 'buy' rating, with an average target price of $154.90.

About Johnson Controls

Johnson Controls International plc, based in Cork, Ireland, is a global leader in building products and technology solutions. The company designs and manufactures systems for heating, ventilation, air conditioning, and refrigeration. It also provides integrated building management and security solutions. Under the leadership of CEO Joakim Weidemanis, Johnson Controls employs about 87,000 people worldwide.

Bottom Line

Nordea Investment Management's boost in its Johnson Controls stake shows confidence in the company's performance. Investors track such changes for insights into institutional sentiment. Remember, 13F filings reflect past positions and may not indicate current holdings.