WINTON GROUP Ltd Reduces Position in Johnson Controls International plc $JCI

WINTON GROUP Ltd lessened its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 60.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,900 shares of the company’s stock after selling 34,741 shares during the quarter. WINTON GROUP Ltd’s holdings in Johnson Controls International were worth $3,346,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of JCI. Engineers Gate Manager LP lifted its stake in shares of Johnson Controls International by 82.5% during the 2nd quarter. Engineers Gate Manager LP now owns 116,133 shares of the company’s stock valued at $16,968,000 after buying an additional 52,484 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its stake in Johnson Controls International by 27.5% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,755 shares of the company’s stock valued at $403,000 after buying an additional 594 shares in the last quarter. NorthRock Partners LLC raised its holdings in Johnson Controls International by 4.7% during the 2nd quarter. NorthRock Partners LLC now owns 2,431 shares of the company’s stock valued at $355,000 after acquiring an additional 110 shares during the period. Integrated Wealth Concepts LLC lifted its position in shares of Johnson Controls International by 19.9% during the second quarter. Integrated Wealth Concepts LLC now owns 20,896 shares of the company’s stock worth $3,053,000 after acquiring an additional 3,465 shares in the last quarter. Finally, RFG Advisory LLC boosted its holdings in shares of Johnson Controls International by 10.7% in the second quarter. RFG Advisory LLC now owns 4,547 shares of the company’s stock worth $664,000 after acquiring an additional 439 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Insider Activity

In related news, VP Lei Schlitz sold 23,417 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $153.07, for a total value of $3,584,440.19. Following the completion of the transaction, the vice president directly owned 15,017 shares in the company, valued at approximately $2,298,652.19. The trade was a 60.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.29% of the company’s stock.

Johnson Controls International Stock Up 2.3%

Shares of NYSE JCI opened at $146.12 on Friday. Johnson Controls International plc has a 12 month low of $104.49 and a 12 month high of $157.06. The company has a current ratio of 1.00, a quick ratio of 0.83 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $88.51 billion, a price-to-earnings ratio of 25.41, a PEG ratio of 1.37 and a beta of 1.29. The business has a 50-day moving average of $144.92 and a 200-day moving average of $141.41.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.12. Johnson Controls International had a net margin of 14.32% and a return on equity of 22.11%. The company had revenue of $6.61 billion for the quarter, compared to analysts’ expectations of $6.46 billion. During the same period in the prior year, the business earned $1.05 earnings per share. Johnson Controls International’s revenue for the quarter was up 9.3% compared to the same quarter last year. Sell-side analysts expect that Johnson Controls International plc will post 5.08 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Monday, September 21st will be issued 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 is Monday, September 21st. Johnson Controls International’s payout ratio is currently 27.83%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Oppenheimer reiterated a “market perform” rating on shares of Johnson Controls International in a research note on Tuesday, June 2nd. Wall Street Zen lowered Johnson Controls International from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. UBS Group reiterated a “buy” rating on shares of Johnson Controls International in a research report on Thursday, July 30th. Royal Bank Of Canada increased their price target on shares of Johnson Controls International from $154.00 to $161.00 and gave the stock a “sector perform” rating in a report on Thursday, July 30th. Finally, Sanford C. Bernstein raised their price objective on shares of Johnson Controls International from $173.00 to $190.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Twelve equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $155.75.

Johnson Controls International Company Profile

Johnson Controls International plc (NYSE:JCI) is a global company focused on building technologies and solutions that improve the efficiency, safety and sustainability of buildings. Its offerings include heating, ventilation and air-conditioning systems, building automation and controls, fire detection and suppression equipment, security systems, and related digital technologies and services.

The company serves commercial, institutional, industrial and residential customers, helping organizations manage building operations, energy use, indoor air quality and physical security.