Johnson Controls International plc $JCI Shares Purchased by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC boosted its stake in Johnson Controls International plc (NYSE:JCI) by 33.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 17,802 shares of the company’s stock after acquiring an additional 4,463 shares during the period. Chicago Partners Investment Group LLC’s holdings in Johnson Controls International were worth $2,551,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. State Street Corp raised its holdings in shares of Johnson Controls International by 0.6% in the third quarter. State Street Corp now owns 28,684,645 shares of the company’s stock worth $3,165,286,000 after acquiring an additional 163,167 shares during the last quarter. Franklin Resources Inc. boosted its stake in shares of Johnson Controls International by 3.3% during the fourth quarter. Franklin Resources Inc. now owns 22,655,105 shares of the company’s stock valued at $2,712,949,000 after acquiring an additional 718,245 shares during the last quarter. Fisher Asset Management LLC boosted its stake in shares of Johnson Controls International by 1.7% during the fourth quarter. Fisher Asset Management LLC now owns 17,239,953 shares of the company’s stock valued at $2,064,485,000 after acquiring an additional 280,704 shares during the last quarter. Invesco Ltd. increased its position in Johnson Controls International by 13.0% during the 4th quarter. Invesco Ltd. now owns 16,003,486 shares of the company’s stock worth $1,916,417,000 after purchasing an additional 1,837,220 shares in the last quarter. Finally, Norges Bank purchased a new stake in Johnson Controls International during the 4th quarter worth about $927,739,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Royal Bank Of Canada upped their target price on shares of Johnson Controls International from $154.00 to $161.00 and gave the company a “sector perform” rating in a report on Thursday, July 30th. The Goldman Sachs Group lifted their price target on shares of Johnson Controls International from $169.00 to $178.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. UBS Group reissued a “buy” rating on shares of Johnson Controls International in a research note on Thursday, July 30th. Citigroup lifted their target price on shares of Johnson Controls International from $155.00 to $157.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Finally, Mizuho boosted their price target on Johnson Controls International from $130.00 to $140.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Twelve equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $155.50.

Insider Buying and Selling at Johnson Controls International

In related news, VP Todd M. Grabowski sold 1,800 shares of the stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total value of $263,160.00. Following the transaction, the vice president directly owned 26,215 shares of the company’s stock, valued at approximately $3,832,633. This trade represents a 6.43% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Lei Zhang Schlitz sold 23,417 shares of Johnson Controls International stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $153.07, for a total value of $3,584,440.19. Following the completion of the transaction, the vice president owned 15,017 shares in the company, valued at $2,298,652.19. The trade was a 60.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is owned by insiders.

Johnson Controls International Stock Up 1.5%

JCI opened at $153.73 on Friday. Johnson Controls International plc has a 12 month low of $103.07 and a 12 month high of $157.06. The business has a 50-day moving average of $144.91 and a two-hundred day moving average of $139.75. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.00 and a quick ratio of 0.83. The stock has a market capitalization of $93.12 billion, a price-to-earnings ratio of 26.74, a price-to-earnings-growth ratio of 1.46 and a beta of 1.31.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.12. Johnson Controls International had a net margin of 14.32% and a return on equity of 22.11%. The business had revenue of $6.61 billion for the quarter, compared to analyst estimates of $6.46 billion. During the same period in the prior year, the firm posted $1.05 EPS. The company’s revenue was up 9.3% on a year-over-year basis. On average, research analysts expect that Johnson Controls International plc will post 5.08 earnings per share for the current year.

Johnson Controls International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Monday, June 15th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Monday, June 15th. Johnson Controls International’s dividend payout ratio (DPR) is 27.83%.

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.