Johnson Controls International plc $JCI Shares Sold by L & S Advisors Inc

L & S Advisors Inc trimmed its stake in shares of Johnson Controls International plc (NYSE:JCI) by 30.1% in the 4th quarter, HoldingsChannel reports. The firm owned 65,163 shares of the company’s stock after selling 28,098 shares during the period. L & S Advisors Inc’s holdings in Johnson Controls International were worth $7,803,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Maseco LLP boosted its position in shares of Johnson Controls International by 102.9% during the 4th quarter. Maseco LLP now owns 211 shares of the company’s stock worth $25,000 after acquiring an additional 107 shares in the last quarter. Roxbury Financial LLC boosted its position in shares of Johnson Controls International by 71.9% during the 4th quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock worth $29,000 after acquiring an additional 100 shares in the last quarter. YANKCOM Partnership acquired a new position in shares of Johnson Controls International during the 4th quarter worth about $34,000. Physician Wealth Advisors Inc. boosted its position in shares of Johnson Controls International by 62.8% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 319 shares of the company’s stock worth $35,000 after acquiring an additional 123 shares in the last quarter. Finally, Dunhill Financial LLC boosted its position in shares of Johnson Controls International by 123.3% during the 3rd quarter. Dunhill Financial LLC now owns 335 shares of the company’s stock worth $37,000 after acquiring an additional 185 shares in the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, VP Lei Zhang Schlitz sold 88,809 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $140.99, for a total value of $12,521,180.91. Following the completion of the sale, the vice president directly owned 57,059 shares of the company’s stock, valued at approximately $8,044,748.41. The trade was a 60.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Daniel C. Mcconeghy sold 3,600 shares of the business’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $142.56, for a total value of $513,216.00. Following the completion of the sale, the vice president directly owned 24,273 shares of the company’s stock, valued at $3,460,358.88. The trade was a 12.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.29% of the stock is currently owned by insiders.

Johnson Controls International Stock Down 1.4%

Johnson Controls International stock opened at $143.01 on Friday. Johnson Controls International plc has a fifty-two week low of $96.01 and a fifty-two week high of $147.32. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.85 and a current ratio of 1.04. The company has a market capitalization of $87.25 billion, a P/E ratio of 25.58, a PEG ratio of 1.58 and a beta of 1.37. The stock has a 50-day simple moving average of $137.41 and a 200-day simple moving average of $127.43.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Tuesday, March 31st. The company reported $1.19 earnings per share for the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%.The business had revenue of $6.14 billion during the quarter. Equities research analysts expect that Johnson Controls International plc will post 4.87 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Monday, March 16th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, March 16th. Johnson Controls International’s payout ratio is presently 28.62%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on JCI shares. Wolfe Research lowered their price objective on Johnson Controls International from $161.00 to $160.00 and set an “outperform” rating for the company in a research report on Wednesday, April 8th. HSBC upped their price objective on Johnson Controls International from $127.00 to $136.00 in a research report on Thursday, May 7th. Jefferies Financial Group upped their price objective on Johnson Controls International from $125.00 to $135.00 and gave the stock a “hold” rating in a research report on Wednesday, April 15th. Citigroup upped their price objective on Johnson Controls International from $150.00 to $155.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Finally, Rothschild & Co Redburn upped their price objective on Johnson Controls International from $137.00 to $150.00 and gave the stock a “buy” rating in a research report on Monday, February 9th. Eleven 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. Based on data from MarketBeat, Johnson Controls International has an average rating of “Hold” and a consensus target price of $147.63.

Johnson Controls International 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.