Knights of Columbus Asset Advisors LLC Purchases Shares of 5,117 Johnson Controls International plc $JCI

Knights of Columbus Asset Advisors LLC purchased a new stake in Johnson Controls International plc (NYSE:JCI) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 5,117 shares of the company’s stock, valued at approximately $613,000.

Other large investors have also recently bought and sold shares of the company. Viking Global Investors LP raised its position in shares of Johnson Controls International by 368.5% during the 3rd quarter. Viking Global Investors LP now owns 6,796,942 shares of the company’s stock valued at $747,324,000 after buying an additional 5,346,130 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of Johnson Controls International by 140.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,575,414 shares of the company’s stock valued at $483,281,000 after buying an additional 2,675,157 shares in the last quarter. First Trust Advisors LP raised its position in shares of Johnson Controls International by 23.3% during the 3rd quarter. First Trust Advisors LP now owns 3,519,724 shares of the company’s stock valued at $386,994,000 after buying an additional 665,782 shares in the last quarter. Man Group plc raised its position in shares of Johnson Controls International by 148.1% during the 2nd quarter. Man Group plc now owns 832,921 shares of the company’s stock valued at $87,973,000 after buying an additional 497,221 shares in the last quarter. Finally, Interval Partners LP raised its position in shares of Johnson Controls International by 793.0% during the 3rd quarter. Interval Partners LP now owns 513,401 shares of the company’s stock valued at $56,448,000 after buying an additional 455,907 shares in the last quarter. 90.05% of the stock is owned by institutional investors.

Insider Activity

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 88,809 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $140.99, for a total value of $12,521,180.91. Following the transaction, the vice president owned 57,059 shares in the company, valued at approximately $8,044,748.41. The trade was a 60.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on JCI. BNP Paribas Exane began coverage on shares of Johnson Controls International in a research report on Tuesday, April 14th. They set an “underperform” rating and a $120.00 price objective on the stock. Wall Street Zen upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating in a research report on Sunday, May 3rd. Wolfe Research lowered their price objective on shares of Johnson Controls International from $161.00 to $160.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 8th. UBS Group raised their price objective on shares of Johnson Controls International from $160.00 to $170.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Finally, Jefferies Financial Group lifted their target price on shares of Johnson Controls International from $125.00 to $135.00 and gave the stock a “hold” rating in a research report on Wednesday, April 15th. Eleven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Johnson Controls International has a consensus rating of “Hold” and a consensus price target of $147.63.

Johnson Controls International Price Performance

Shares of NYSE:JCI opened at $134.05 on Friday. The stock has a market cap of $81.78 billion, a PE ratio of 23.98, a PEG ratio of 1.47 and a beta of 1.37. The company’s fifty day moving average is $138.21 and its 200 day moving average is $128.93. Johnson Controls International plc has a 52 week low of $99.11 and a 52 week high of $147.32. The company has a quick ratio of 0.85, a current ratio of 1.04 and a debt-to-equity ratio of 0.64.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Tuesday, March 31st. The company reported $1.19 EPS for the quarter. The company had revenue of $6.14 billion for the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. Research analysts anticipate that Johnson Controls International plc will post 4.86 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 16th were given a $0.40 dividend. The ex-dividend date was Monday, March 16th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.2%. Johnson Controls International’s payout ratio is presently 28.62%.

Johnson Controls International Company Profile

Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.