73,370 Shares in Johnson Controls International plc $JCI Purchased by Regents Gate Capital LLP

Regents Gate Capital LLP bought a new position in shares of Johnson Controls International plc (NYSE:JCI) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 73,370 shares of the company’s stock, valued at approximately $7,749,000. Johnson Controls International accounts for approximately 2.7% of Regents Gate Capital LLP’s investment portfolio, making the stock its 14th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Cerity Partners LLC raised its position in Johnson Controls International by 69.8% during the first quarter. Cerity Partners LLC now owns 113,059 shares of the company’s stock valued at $9,057,000 after acquiring an additional 46,459 shares in the last quarter. Yeomans Consulting Group Inc. purchased a new position in Johnson Controls International during the second quarter valued at approximately $304,000. Ethic Inc. raised its position in Johnson Controls International by 3.5% during the second quarter. Ethic Inc. now owns 112,959 shares of the company’s stock valued at $11,869,000 after acquiring an additional 3,793 shares in the last quarter. Allegiance Financial Group Advisory Services LLC purchased a new position in Johnson Controls International during the second quarter valued at approximately $284,000. Finally, Asset Management One Co. Ltd. raised its position in Johnson Controls International by 9.7% during the second quarter. Asset Management One Co. Ltd. now owns 297,679 shares of the company’s stock valued at $31,441,000 after acquiring an additional 26,333 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

Shares of NYSE:JCI opened at $114.48 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.96 and a quick ratio of 0.81. The business’s 50 day moving average price is $108.64 and its 200-day moving average price is $102.93. The firm has a market capitalization of $74.91 billion, a PE ratio of 33.97, a P/E/G 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.

Johnson Controls International Increases Dividend

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

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Barclays lifted their price target on Johnson Controls International from $100.00 to $101.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 30th. JPMorgan Chase & Co. boosted their price objective on Johnson Controls International from $105.00 to $125.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Royal Bank Of Canada boosted their price objective on Johnson Controls International from $114.00 to $116.00 and gave the company a “sector perform” rating in a research report on Thursday, October 16th. Robert W. Baird boosted their price objective on Johnson Controls International from $110.00 to $115.00 and gave the company a “neutral” rating in a research report on Tuesday, October 14th. Finally, Citigroup boosted their price objective on Johnson Controls International from $112.00 to $119.00 and gave the company a “neutral” rating in a research report on Thursday, October 9th. Ten investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, Johnson Controls International presently has an average rating of “Moderate Buy” and an average price target of $113.41.

Insider Buying and Selling

In other news, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total value of $149,395.32. Following the sale, the vice president directly owned 139,459 shares of the company’s stock, valued at $14,651,562.54. The trade was a 1.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Daniel C. Mcconeghy sold 5,917 shares of Johnson Controls International stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $105.73, for a total value of $625,604.41. Following the completion of the sale, the vice president directly 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. The disclosure for this sale is available in the SEC filing. Insiders own 0.54% of the company’s stock.

Johnson Controls International Company 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.