Transcend Capital Advisors LLC Has $492,000 Stake in Johnson Controls International plc $JCI

Transcend Capital Advisors LLC increased its position in shares of Johnson Controls International plc (NYSE:JCI) by 16.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 4,661 shares of the company’s stock after purchasing an additional 670 shares during the period. Transcend Capital Advisors LLC’s holdings in Johnson Controls International were worth $492,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in Johnson Controls International by 0.4% during the first quarter. Vanguard Group Inc. now owns 68,444,686 shares of the company’s stock worth $5,483,104,000 after buying an additional 288,576 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of Johnson Controls International by 2.5% in the first quarter. Raymond James Financial Inc. now owns 7,378,331 shares of the company’s stock valued at $591,078,000 after acquiring an additional 178,169 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Johnson Controls International by 3.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,354,069 shares of the company’s stock valued at $509,024,000 after acquiring an additional 185,476 shares in the last quarter. Amundi grew its stake in shares of Johnson Controls International by 22.2% in the first quarter. Amundi now owns 4,731,377 shares of the company’s stock valued at $366,412,000 after acquiring an additional 860,899 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of Johnson Controls International by 6.7% in the first quarter. Goldman Sachs Group Inc. now owns 3,178,516 shares of the company’s stock valued at $254,631,000 after acquiring an additional 198,817 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

JCI has been the topic of several research reports. Barclays upped their price target on shares of Johnson Controls International from $100.00 to $101.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 30th. Royal Bank Of Canada upped their price target on shares of Johnson Controls International from $114.00 to $116.00 and gave the company a “sector perform” rating in a research note on Thursday, October 16th. Wolfe Research upped their price target on shares of Johnson Controls International from $132.00 to $133.00 and gave the company an “outperform” rating in a research note on Friday, September 12th. Robert W. Baird upped their price target on shares of Johnson Controls International from $110.00 to $115.00 and gave the company a “neutral” rating in a research note on Tuesday, October 14th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Johnson Controls International in a research note on Wednesday, October 8th. Ten analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $113.41.

Johnson Controls International Trading Down 0.6%

JCI opened at $112.36 on Wednesday. Johnson Controls International plc has a twelve month low of $68.03 and a twelve month high of $114.60. The company has a 50-day simple moving average of $108.16 and a 200 day simple moving average of $102.19. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $73.53 billion, a price-to-earnings ratio of 33.34, a P/E/G ratio of 1.69 and a beta of 1.33.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.06. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. The business had revenue of $6.05 billion during the quarter, compared to analysts’ expectations of $5.99 billion. Analysts predict that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Monday, September 22nd were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.4%. This is an increase from Johnson Controls International’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend was Monday, September 22nd. Johnson Controls International’s dividend payout ratio (DPR) is currently 47.48%.

Insider Transactions at Johnson Controls International

In other news, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total value of $149,395.32. Following the completion of the transaction, the vice president owned 139,459 shares of the company’s stock, valued at approximately $14,651,562.54. This represents a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $105.73, for a total transaction of $625,604.41. Following the completion of the transaction, the vice president directly owned 25,005 shares of the company’s stock, valued at $2,643,778.65. This trade represents a 19.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 8,761 shares of company stock valued at $922,447 in the last three months. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Profile

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.