Earned Wealth Advisors LLC Has $421,000 Stock Holdings in Johnson Controls International plc $JCI

Earned Wealth Advisors LLC raised its stake in shares of Johnson Controls International plc (NYSE:JCI) by 12.0% in the second quarter, HoldingsChannel reports. The institutional investor owned 3,985 shares of the company’s stock after purchasing an additional 428 shares during the period. Earned Wealth Advisors LLC’s holdings in Johnson Controls International were worth $421,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC purchased a new position in Johnson Controls International in the fourth quarter valued at about $222,000. Koshinski Asset Management Inc. lifted its holdings in shares of Johnson Controls International by 13.8% during the 1st quarter. Koshinski Asset Management Inc. now owns 3,503 shares of the company’s stock valued at $281,000 after buying an additional 424 shares during the last quarter. Mather Group LLC. grew its stake in shares of Johnson Controls International by 9.0% in the 1st quarter. Mather Group LLC. now owns 2,867 shares of the company’s stock valued at $230,000 after buying an additional 236 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of Johnson Controls International by 9.1% in the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 79,345 shares of the company’s stock valued at $6,356,000 after buying an additional 6,647 shares in the last quarter. Finally, Rossby Financial LCC acquired a new position in Johnson Controls International in the first quarter worth approximately $42,000. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on JCI shares. Jefferies Financial Group reiterated a “hold” rating and issued a $120.00 target price on shares of Johnson Controls International in a research note on Thursday, July 24th. Morgan Stanley raised their price target on shares of Johnson Controls International from $115.00 to $125.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. JPMorgan Chase & Co. upped their price objective on shares of Johnson Controls International from $105.00 to $125.00 and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Citigroup increased their target price on shares of Johnson Controls International from $112.00 to $119.00 and gave the stock a “neutral” rating in a research report on Thursday, October 9th. Finally, Zacks Research raised Johnson Controls International to a “hold” rating in a research report on Monday, August 11th. Ten analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $113.41.

Johnson Controls International Stock Performance

NYSE:JCI opened at $114.09 on Friday. The firm has a market capitalization of $74.66 billion, a PE ratio of 33.85, a PEG ratio of 1.70 and a beta of 1.33. Johnson Controls International plc has a 1 year low of $68.03 and a 1 year high of $116.48. The company has a current ratio of 0.96, a quick ratio of 0.81 and a debt-to-equity ratio of 0.50. The firm’s fifty day simple moving average is $108.49 and its 200 day simple moving average is $102.52.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.06. The company had revenue of $6.05 billion during the quarter, compared to analysts’ expectations of $5.99 billion. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. On average, sell-side analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Monday, September 22nd were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.4%. The ex-dividend date was Monday, September 22nd. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s dividend payout ratio is currently 47.48%.

Insider Buying and Selling

In other news, VP Nathan D. Manning sold 1,422 shares of the business’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total transaction of $149,395.32. Following the transaction, the vice president owned 139,459 shares in the company, valued at approximately $14,651,562.54. The trade was a 1.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total value of $625,604.41. Following the transaction, the vice president owned 25,005 shares in the company, valued at $2,643,778.65. This represents a 19.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.54% of the stock is owned by insiders.

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.