Johnson Controls Slips as Sector Weakness Appears to Outweigh Recent Strong Execution

Johnson Controls International plc (JCI) is down 3.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The immediate catalyst is unclear, and there does not appear to be a new company-specific negative announcement driving the move. This could be because investors are rotating out of industrial and data-center infrastructure names after a strong run, even though Johnson Controls’ most recent operating updates were constructive.

Details:

JCI traded around $139.89 on June 26, 2026, a drop of about 3.8% from the prior close, with the stock opening higher and then fading through the session.

In its May 6 fiscal second-quarter release, Johnson Controls posted 8% sales growth, 30% organic orders growth, and a record $20.0 billion backlog, while also raising full-year fiscal 2026 guidance.

At its June investor event, management highlighted data centers as a major growth engine and outlined plans for that business to become a much larger share of revenue over time.

The decline also matched weakness across related names on the same day, with Trane Technologies, Carrier Global, Vertiv, and Eaton all trading lower, pointing to broader pressure on the theme rather than an isolated company event.

Sources:

Johnson Controls, AP News, OpenAI Finance

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$JCI Insider Trading Activity

$JCI insiders have traded $JCI stock on the open market 6 times in the past 6 months. Of those trades, 1 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $JCI stock by insiders over the last 6 months:

TODD M GRABOWSKI (VP and President, Americas) has made 0 purchases and 4 sales selling 12,124 shares for an estimated $1,701,146.
MARK VERGNANO purchased 7,665 shares for an estimated $1,011,320
DANIEL C MCCONEGHY (VP Chief Accounting & Tax Ofcr) sold 3,600 shares for an estimated $513,216

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$JCI Hedge Fund Activity

We have seen 725 institutional investors add shares of $JCI stock to their portfolio, and 732 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

WELLINGTON MANAGEMENT GROUP LLP removed 9,050,633 shares (-51.5%) from their portfolio in Q1 2026, for an estimated $1,185,180,391
FRANKLIN RESOURCES INC removed 6,489,120 shares (-28.6%) from their portfolio in Q1 2026, for an estimated $849,750,263
AMUNDI added 3,646,047 shares (+157.2%) to their portfolio in Q1 2026, for an estimated $477,449,854
VANGUARD GROUP INC removed 3,250,013 shares (-4.7%) from their portfolio in Q4 2025, for an estimated $389,189,056
DODGE & COX removed 2,876,755 shares (-4.8%) from their portfolio in Q1 2026, for an estimated $376,711,067
JANE STREET GROUP, LLC added 2,782,545 shares (+274.8%) to their portfolio in Q1 2026, for an estimated $364,374,267
MORGAN STANLEY removed 2,770,529 shares (-19.1%) from their portfolio in Q1 2026, for an estimated $362,800,772

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$JCI Price Targets

Multiple analysts have issued price targets for $JCI recently. We have seen 10 analysts offer price targets for $JCI in the last 6 months, with a median target of $155.0.

Here are some recent targets:

Chris Snyder from Morgan Stanley set a target price of $175.0 on 06/09/2026
Amit Mehrotra from UBS set a target price of $180.0 on 06/02/2026
Deane Dray from RBC Capital set a target price of $154.0 on 06/02/2026
Brett Linzey from Mizuho set a target price of $140.0 on 05/07/2026
Joe O'Dea from Wells Fargo set a target price of $160.0 on 05/07/2026
Julian Mitchell from Barclays set a target price of $144.0 on 05/07/2026
Andrew Kaplowitz from Citigroup set a target price of $155.0 on 05/07/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.