Johnson Controls International plc $JCI Stock: Knights of Columbus Asset Advisors LLC Grows Position

Knights of Columbus Asset Advisors LLC lifted its holdings in Johnson Controls International plc (NYSE:JCI) by 75.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,891 shares of the company’s stock after acquiring an additional 3,836 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Johnson Controls International were worth $1,322,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Lido Advisors LLC increased its holdings in Johnson Controls International by 0.7% in the 3rd quarter. Lido Advisors LLC now owns 52,846 shares of the company’s stock valued at $7,856,000 after purchasing an additional 348 shares in the last quarter. Keybank National Association OH raised its position in Johnson Controls International by 1.1% in the third quarter. Keybank National Association OH now owns 32,244 shares of the company’s stock valued at $4,793,000 after purchasing an additional 360 shares during the period. Csenge Advisory Group lifted its stake in shares of Johnson Controls International by 5.4% during the third quarter. Csenge Advisory Group now owns 11,553 shares of the company’s stock worth $1,717,000 after purchasing an additional 597 shares in the last quarter. 71 West Capital Partners lifted its stake in shares of Johnson Controls International by 4.5% during the third quarter. 71 West Capital Partners now owns 4,164 shares of the company’s stock worth $619,000 after purchasing an additional 180 shares in the last quarter. Finally, Nemes Rush Group LLC lifted its stake in shares of Johnson Controls International by 0.4% during the third quarter. Nemes Rush Group LLC now owns 109,486 shares of the company’s stock worth $16,275,000 after purchasing an additional 413 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on JCI shares. Citigroup upped their target price on Johnson Controls International from $170.00 to $172.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 28th. BNP Paribas Exane raised their target price on Johnson Controls International from $130.00 to $145.00 and gave the company an “underperform” rating in a report on Wednesday, October 28th. Wall Street Zen downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Zacks Research lowered Johnson Controls International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Johnson Controls International in a report on Wednesday, October 7th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $166.76.

Insider Buying and Selling at Johnson Controls International

In other news, Director Juergen Tinggren sold 4,000 shares of Johnson Controls International stock in a transaction dated Wednesday, October 28th. The stock was sold at an average price of $159.19, for a total transaction of $636,760.00. Following the sale, the director directly owned 27,236 shares of the company’s stock, valued at approximately $4,335,698.84. The trade was a 12.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.29% of the stock is owned by corporate insiders.

Johnson Controls International Price Performance

JCI opened at $142.63 on Friday. The company has a fifty day simple moving average of $147.38 and a 200 day simple moving average of $142.03. The firm has a market cap of $86.39 billion, a price-to-earnings ratio of 30.48, a PEG ratio of 1.47 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 current ratio of 0.90, a quick ratio of 0.75 and a debt-to-equity ratio of 0.55.

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

Johnson Controls International Announces Dividend

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

Johnson Controls International Profile

Johnson Controls International plc develops building technologies, products and services for commercial, industrial and institutional customers. Its offerings include heating, ventilation and air conditioning (HVAC) equipment, building automation and controls, fire detection and suppression systems, and security solutions. The company also provides maintenance, modernization and other services to help customers manage building operations. Its products and services support facilities such as offices, hospitals, schools, data centers and manufacturing sites.