Rokos Capital Management 13F: New $51M Stake in JCI

Rokos Capital Management Takes New Stake in Johnson Controls

Rokos Capital Management opened a brand-new position in Johnson Controls International plc (NYSE: JCI) during its quarter ended May 15, 2026, according to a recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 350,030 shares, a stake valued at approximately $51.1 million based on costs at the time. Because this is a backward-looking filing, it reflects holdings as of the reporting period and may not represent the investor's current position.

Johnson Controls Stock Performance and Market Context

Johnson Controls shares trade around $146.11, moving well above the 200-day moving average of $136.11 and close to the 50-day moving average of $144.74. The stock has traded in a 52-week range between $104.49 and $157.06. With a trailing P/E ratio of 40.9 and a forward P/E ratio of 23.9, the building products company carries a market capitalization of roughly $87.9 billion.

Recent Earnings Performance

For its recent reporting period, Johnson Controls posted annual revenue of $25.0 billion alongside a revenue growth rate of 9.3%. The company generated earnings of $3.55 per share, backed by a net profit margin of 14.3% and a return on equity of 14.3%. The next quarterly earnings report is scheduled for November 4, 2026.

Dividend Distribution Details

Johnson Controls pays an annual dividend of $1.60 per share, giving the stock a dividend yield of 1.12%. The company's dividend payout ratio sits at 45.1%, leaving room for ongoing earnings reinvestment while returning capital to shareholders.

Analysts Set New Price Targets

Wall Street research firms maintain a favorable view of Johnson Controls, which holds a consensus recommendation key of buy across 19 analyst opinions. On October 15, 2026, Mizuho maintained its neutral rating while raising its price target to $165.00 from $150.00. Earlier, on October 8, 2026, B of A Securities maintained a buy rating and lifted its target to $175.00 from $152.00, while Wells Fargo initiated coverage with an overweight rating and a $186.00 price target on September 25, 2026. The overall analyst target mean price stands at $164.05, with targets ranging from a low of $129.00 to a high of $194.00.

Inside Johnson Controls Building Products

Headquartered in Cork, Ireland, Johnson Controls International plc engineers, manufactures, and services building products, heating, ventilation, air conditioning systems, and fire detection equipment for commercial and industrial customers worldwide. Founded in 1885, the company employs roughly 87,000 people and delivers integrated digital solutions for modern facilities.

What to Watch at Johnson Controls International plc

Investors tracking Rokos Capital Management will need to review subsequent SEC filings to see whether the fund builds upon its newly established position. Market participants should also monitor the upcoming earnings release on November 4, 2026, for further updates on operational growth and margin trends.