Intech Investment Management LLC Acquires 15,391 Shares of Johnson Controls International plc $JCI

Intech Investment Management LLC boosted its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 63.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 39,612 shares of the company’s stock after buying an additional 15,391 shares during the period. Intech Investment Management LLC’s holdings in Johnson Controls International were worth $4,744,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in JCI. Catalyst Financial Partners LLC boosted its position in shares of Johnson Controls International by 2.5% during the 3rd quarter. Catalyst Financial Partners LLC now owns 3,398 shares of the company’s stock valued at $374,000 after acquiring an additional 84 shares during the last quarter. Millstone Evans Group LLC increased its position in shares of Johnson Controls International by 2.6% in the fourth quarter. Millstone Evans Group LLC now owns 3,427 shares of the company’s stock worth $410,000 after purchasing an additional 87 shares during the last quarter. apricus wealth LLC increased its position in shares of Johnson Controls International by 3.1% in the fourth quarter. apricus wealth LLC now owns 2,946 shares of the company’s stock worth $353,000 after purchasing an additional 89 shares during the last quarter. CYBER HORNET ETFs LLC increased its position in shares of Johnson Controls International by 5.0% in the fourth quarter. CYBER HORNET ETFs LLC now owns 1,921 shares of the company’s stock worth $230,000 after purchasing an additional 92 shares during the last quarter. Finally, MainStreet Investment Advisors LLC increased its position in shares of Johnson Controls International by 4.7% in the third quarter. MainStreet Investment Advisors LLC now owns 2,230 shares of the company’s stock worth $245,000 after purchasing an additional 100 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Morgan Stanley upped their price objective on shares of Johnson Controls International from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 11th. Royal Bank Of Canada restated a “sector perform” rating and issued a $154.00 price objective on shares of Johnson Controls International in a research report on Wednesday, May 27th. JPMorgan Chase & Co. upped their price objective on shares of Johnson Controls International from $158.00 to $162.00 in a research report on Thursday, May 7th. Wolfe Research decreased 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. Finally, Citigroup upped their price objective on shares of Johnson Controls International from $150.00 to $155.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Eleven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $147.63.

Johnson Controls International Trading Down 0.0%

Shares of JCI stock opened at $134.05 on Monday. The company has a quick ratio of 0.85, a current ratio of 1.04 and a debt-to-equity ratio of 0.64. The business has a 50-day moving average price of $138.21 and a two-hundred day moving average price of $128.97. Johnson Controls International plc has a 12-month low of $99.11 and a 12-month high of $147.32. The firm has a market cap of $81.78 billion, a P/E ratio of 23.98, a price-to-earnings-growth ratio of 1.45 and a beta of 1.33.

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

Johnson Controls International Dividend Announcement

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

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 88,809 shares of Johnson Controls International stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the completion of the sale, the vice president owned 57,059 shares of the company’s stock, valued at $8,044,748.41. The trade was a 60.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.29% of the stock is currently owned by company insiders.

About Johnson Controls International

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.