D1 Capital Partners L.P. 13F: Cuts JCI Stake by $19M

D1 Capital Partners Trims Stake in Johnson Controls International plc

D1 Capital Partners scaled back its investment in Johnson Controls International plc (NYSE:JCI) during the period ended May 15, 2026, according to a Form 13F filing submitted to the Securities and Exchange Commission. The fund cut its position by 9.6%, letting go of 130,431 shares to close the reporting period with 1.22 million shares. Based on the disclosed metrics, that remaining block carried a value of roughly $178.8 million.

How Shares Shifted in the Portfolio

The reduction lowered the fund's prior count of 1.35 million shares down to the current total. Because 13F filings look backward at past portfolio management choices, the report captures a snapshot from that filing date and might not represent what the fund holds today. D1 Capital Partners also adjusted several other positions around the same filing window, including trimming stakes in XPO, Inc. and Knight-Swift Transportation while taking on new exposure elsewhere.

Stock Performance and Recent Trading

Shares of Johnson Controls trade near $146.11, sitting comfortably above the company's 52-week low of $104.49 and within reach of its 52-week high of $157.06. The industrial stock has seen steady interest from large investors and institutions as building product demand shifts.

Recent Earnings and Financial Health

The company generates billions in revenue alongside solid profitability metrics, recording a net margin of 14.3% and a return on equity of 14.3%. Investors can look for the next financial update when the firm delivers its scheduled earnings report on November 4, 2026.

Dividend and Payout Details

股东 receive an annual dividend of $1.60 per share, delivering a dividend yield of 1.1% backed by a moderate payout ratio.

Wall Street Analyst Adjustments

Financial research desks have kept a close eye on valuation metrics. On August 14, 2026, Bernstein maintained an outperform rating while moving its target to $190.00. Morgan Stanley followed on September 2, 2026, keeping an overweight rating with a target of $180.00. Wells Fargo initiated coverage on September 25, 2026, with an overweight rating and an $186.00 target. B of A Securities kept a buy rating on October 8, 2026, raising its target to $175.00. Citigroup maintained a neutral rating on October 12, 2026, adjusting its target to $170.00. RBC Capital kept a sector perform rating on October 14, 2026, with a $165.00 target, and Mizuho maintained a neutral rating on October 15, 2026, lifting its target to $165.00. Overall, the stock carries a consensus buy recommendation from analysts.

Building Systems and Global Operations

Johnson Controls International plc operates from Cork, Ireland, engineering and manufacturing heating, ventilation, air conditioning, and fire safety systems for commercial and industrial buildings worldwide. Founded back in 1885, the company employs tens of thousands of workers to support retrofits, digital building controls, and energy efficiency upgrades.

What to Watch at Johnson Controls International plc

Market participants tracking D1 Capital Partners will learn more about the fund's strategy when subsequent quarterly disclosures are published. In the meantime, attention turns toward the upcoming November earnings release for fresh operational updates.