3,464 Shares in Johnson Controls International plc $JCI Purchased by TSG Advice Partners LLC

TSG Advice Partners LLC bought a new position in shares of Johnson Controls International plc (NYSE:JCI) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 3,464 shares of the company’s stock, valued at approximately $506,000.

Other institutional investors have also bought and sold shares of the company. Rokos Capital Management LLP acquired a new stake in shares of Johnson Controls International during the 1st quarter worth about $45,833,000. ABN Amro Investment Solutions bought a new position in Johnson Controls International during the 1st quarter valued at about $8,863,000. QRG Capital Management Inc. lifted its holdings in Johnson Controls International by 4.7% during the 2nd quarter. QRG Capital Management Inc. now owns 222,168 shares of the company’s stock valued at $32,461,000 after purchasing an additional 9,988 shares during the last quarter. Epoch Investment Partners Inc. boosted its position in Johnson Controls International by 62.7% in the first quarter. Epoch Investment Partners Inc. now owns 204,295 shares of the company’s stock valued at $26,752,000 after buying an additional 78,766 shares in the last quarter. Finally, Swiss Life Asset Management Ltd acquired a new position in Johnson Controls International in the second quarter valued at about $23,198,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

JCI has been the topic of several research analyst reports. BNP Paribas Exane upped their price objective on shares of Johnson Controls International from $130.00 to $145.00 and gave the stock an “underperform” rating in a research note on Wednesday, October 28th. Mizuho lifted their target price on shares of Johnson Controls International from $150.00 to $165.00 and gave the company a “neutral” rating in a research note on Thursday, October 15th. Deutsche Bank Aktiengesellschaft reduced their target price on Johnson Controls International from $180.00 to $178.00 and set a “buy” rating on the stock in a report on Wednesday, September 30th. Robert W. Baird boosted their target price on Johnson Controls International from $162.00 to $172.00 and gave the stock a “neutral” rating in a report on Wednesday, October 28th. Finally, Evercore set a $170.00 price target on Johnson Controls International in a research report on Wednesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $166.86.

Insiders Place Their Bets

In related news, Director Juergen Tinggren sold 4,000 shares of the stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of $159.19, for a total value of $636,760.00. Following the transaction, the director directly owned 27,236 shares in the company, valued at $4,335,698.84. This represents a 12.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.29% of the stock is owned by corporate insiders.

Johnson Controls International Trading Down 2.0%

JCI stock opened at $146.12 on Tuesday. The company has a market cap of $88.51 billion, a P/E ratio of 31.22, a PEG ratio of 1.13 and a beta of 1.27. Johnson Controls International plc has a twelve month low of $108.41 and a twelve month high of $160.41. The company has a quick ratio of 0.83, a current ratio of 0.90 and a debt-to-equity ratio of 0.55. The business has a fifty day moving average of $147.42 and a 200-day moving average of $140.96.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Tuesday, October 27th. The company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.07. The business had revenue of $7.11 billion for the quarter, compared to analyst estimates of $7.04 billion. Johnson Controls International had a return on equity of 23.38% and a net margin of 11.12%. The firm’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.26 earnings per share. As a group, equities research analysts expect that Johnson Controls International plc will post 6.29 EPS for the current year.

Johnson Controls International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Monday, September 21st were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, September 21st. Johnson Controls International’s payout ratio is 34.19%.

Johnson Controls International Company Profile

Johnson Controls International plc (NYSE:JCI) is a global provider of building technology, products and services. The company helps customers design, operate and maintain efficient, healthy and secure buildings through solutions for heating, ventilation and air conditioning, building automation, energy management, fire detection and suppression, and physical security.

Its portfolio includes building controls and digital management platforms, HVAC equipment, chillers, air-handling systems, fire and security technologies, and related services.