EdgeRock Capital LLC Purchases Shares of 494 Johnson Controls International plc (NYSE:JCI)

EdgeRock Capital LLC acquired a new stake in Johnson Controls International plc (NYSE:JCI) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 494 shares of the company’s stock, valued at approximately $27,000.

Other institutional investors have also modified their holdings of the company. M. Kulyk & Associates LLC lifted its stake in shares of Johnson Controls International by 2.6% in the 3rd quarter. M. Kulyk & Associates LLC now owns 92,945 shares of the company’s stock valued at $4,946,000 after purchasing an additional 2,336 shares during the last quarter. RPG Investment Advisory LLC lifted its stake in shares of Johnson Controls International by 19.3% in the 4th quarter. RPG Investment Advisory LLC now owns 196,559 shares of the company’s stock valued at $11,330,000 after purchasing an additional 31,759 shares during the last quarter. Quantbot Technologies LP lifted its stake in shares of Johnson Controls International by 249.8% in the 3rd quarter. Quantbot Technologies LP now owns 23,934 shares of the company’s stock valued at $1,274,000 after purchasing an additional 17,091 shares during the last quarter. ANTIPODES PARTNERS Ltd lifted its stake in shares of Johnson Controls International by 89.4% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 253,859 shares of the company’s stock valued at $14,632,000 after purchasing an additional 119,844 shares during the last quarter. Finally, Wealthspire Advisors LLC lifted its stake in shares of Johnson Controls International by 47.6% in the 3rd quarter. Wealthspire Advisors LLC now owns 4,595 shares of the company’s stock valued at $244,000 after purchasing an additional 1,481 shares during the last quarter. 90.05% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Juergen Tinggren sold 4,000 shares of the business’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $62.31, for a total transaction of $249,240.00. Following the transaction, the director now directly owns 30,120 shares in the company, valued at approximately $1,876,777.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, COO Nathan D. Manning sold 3,000 shares of the business’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $62.86, for a total transaction of $188,580.00. Following the transaction, the chief operating officer now directly owns 106,891 shares in the company, valued at approximately $6,719,168.26. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Juergen Tinggren sold 4,000 shares of the business’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $62.31, for a total value of $249,240.00. Following the transaction, the director now owns 30,120 shares in the company, valued at $1,876,777.20. The disclosure for this sale can be found here. Insiders have sold a total of 7,930 shares of company stock worth $496,328 in the last ninety days. 0.69% of the stock is owned by insiders.

Johnson Controls International Stock Up 1.2 %

Shares of NYSE:JCI traded up $0.78 on Wednesday, reaching $65.24. The company had a trading volume of 4,804,837 shares, compared to its average volume of 5,691,115. Johnson Controls International plc has a 52-week low of $47.90 and a 52-week high of $70.43. The firm’s 50 day simple moving average is $63.51 and its 200-day simple moving average is $57.51. The firm has a market capitalization of $43.95 billion, a PE ratio of 26.41, a PEG ratio of 1.59 and a beta of 1.23. The company has a current ratio of 0.87, a quick ratio of 0.65 and a debt-to-equity ratio of 0.44.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings results on Wednesday, May 1st. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.03. Johnson Controls International had a return on equity of 13.21% and a net margin of 6.32%. The business had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.51 billion. During the same period last year, the business posted $0.75 EPS. The business’s revenue was down 6.1% compared to the same quarter last year. As a group, analysts expect that Johnson Controls International plc will post 3.61 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 19th. Investors of record on Monday, March 25th were paid a dividend of $0.37 per share. The ex-dividend date of this dividend was Friday, March 22nd. This represents a $1.48 annualized dividend and a yield of 2.27%. Johnson Controls International’s dividend payout ratio (DPR) is 59.92%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on JCI shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $60.00 price target (down from $65.00) on shares of Johnson Controls International in a research note on Wednesday, January 31st. StockNews.com lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Thursday, January 25th. Citigroup raised their price target on Johnson Controls International from $59.00 to $68.00 and gave the stock a “neutral” rating in a research note on Monday, April 8th. Oppenheimer decreased their price target on Johnson Controls International from $71.00 to $70.00 and set an “outperform” rating for the company in a research note on Thursday, May 2nd. Finally, Mizuho lowered Johnson Controls International from a “buy” rating to a “neutral” rating and set a $62.00 price target for the company. in a research note on Friday, February 23rd. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Johnson Controls International presently has a consensus rating of “Hold” and a consensus price target of $63.75.

About Johnson Controls International

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.