Vanguard Personalized Indexing Management LLC grew its stake in Johnson Controls International plc (NYSE:JCI – Free Report) by 4.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,456 shares of the company’s stock after acquiring an additional 4,131 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Johnson Controls International were worth $11,431,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in the stock. UMB Bank n.a. grew its stake in Johnson Controls International by 2.5% in the 4th quarter. UMB Bank n.a. now owns 3,261 shares of the company’s stock worth $391,000 after acquiring an additional 79 shares in the last quarter. Lcnb Corp boosted its stake in shares of Johnson Controls International by 4.0% during the fourth quarter. Lcnb Corp now owns 2,094 shares of the company’s stock valued at $251,000 after purchasing an additional 81 shares in the last quarter. Catalyst Financial Partners LLC boosted its stake in shares of Johnson Controls International by 2.5% during the third quarter. Catalyst Financial Partners LLC now owns 3,398 shares of the company’s stock valued at $374,000 after purchasing an additional 84 shares in the last quarter. Millstone Evans Group LLC boosted its stake in shares of Johnson Controls International by 2.6% during the fourth quarter. Millstone Evans Group LLC now owns 3,427 shares of the company’s stock valued at $410,000 after purchasing an additional 87 shares in the last quarter. Finally, apricus wealth LLC boosted its stake in shares of Johnson Controls International by 3.1% during the fourth quarter. apricus wealth LLC now owns 2,946 shares of the company’s stock valued at $353,000 after purchasing an additional 89 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, VP Todd M. Grabowski sold 1,800 shares of the stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $146.20, for a total transaction of $263,160.00. Following the completion of the sale, the vice president owned 26,215 shares of the company’s stock, valued at $3,832,633. This represents a 6.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Lei Zhang Schlitz sold 88,809 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the sale, the vice president directly owned 57,059 shares of the company’s stock, valued at $8,044,748.41. The trade was a 60.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.29% of the company’s stock.
Johnson Controls International Trading Up 0.8%
Johnson Controls International (NYSE:JCI – Get Free Report) last posted its earnings results on Tuesday, March 31st. The company reported $1.19 EPS for the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. The company had revenue of $6.14 billion during the quarter. As a group, sell-side analysts anticipate that Johnson Controls International plc will post 4.86 earnings per share for the current fiscal year.
Johnson Controls International Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 15th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. Johnson Controls International’s dividend payout ratio is presently 28.62%.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Johnson Controls International in a research note on Tuesday, June 9th. UBS Group increased their price objective on shares of Johnson Controls International from $170.00 to $180.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. The Goldman Sachs Group increased their price objective on shares of Johnson Controls International from $169.00 to $178.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. Wolfe Research reiterated an “outperform” rating and set a $171.00 price objective on shares of Johnson Controls International in a research note on Wednesday, June 3rd. Finally, Citigroup increased their price objective on shares of Johnson Controls International from $150.00 to $155.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $152.85.
View Our Latest Research Report on Johnson Controls International
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.
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