Johnson Controls International plc $JCI Stake Lessened by Pictet Asset Management Holding SA

Pictet Asset Management trimmed its stake in Johnson Controls International (NYSE:JCI) by 18.3% in the fourth quarter, selling 650,488 shares and now owning 2,909,713 shares valued at approximately $348.53 million. Johnson Controls beat Q4 earnings estimates with an EPS of $0.89 and revenue of $5.80 billion, and has provided FY2026 EPS guidance of $4.70. Analysts have a mixed view on the stock, with a consensus “Hold” rating and an average target price of $137.05, although several firms recently raised their price targets.

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