Swedbank AB grew its stake in Johnson Controls International plc (NYSE:JCI – Free Report) by 5.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 345,359 shares of the company’s stock after acquiring an additional 17,009 shares during the period. Swedbank AB’s holdings in Johnson Controls International were worth $41,357,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently modified their holdings of the company. Maseco LLP raised its position in shares of Johnson Controls International by 102.9% in the fourth quarter. Maseco LLP now owns 211 shares of the company’s stock valued at $25,000 after purchasing an additional 107 shares during the period. Roxbury Financial LLC raised its position in shares of Johnson Controls International by 71.9% in the fourth quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock valued at $29,000 after purchasing an additional 100 shares during the period. YANKCOM Partnership bought a new position in shares of Johnson Controls International in the fourth quarter valued at about $34,000. Physician Wealth Advisors Inc. raised its position in shares of Johnson Controls International by 62.8% in the third quarter. Physician Wealth Advisors Inc. now owns 319 shares of the company’s stock valued at $35,000 after purchasing an additional 123 shares during the period. Finally, Dunhill Financial LLC raised its position in shares of Johnson Controls International by 123.3% in the third quarter. Dunhill Financial LLC now owns 335 shares of the company’s stock valued at $37,000 after purchasing an additional 185 shares during the period. 90.05% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on JCI. Robert W. Baird increased their price objective on shares of Johnson Controls International from $132.00 to $148.00 and gave the company a “neutral” rating in a research report on Monday, April 27th. JPMorgan Chase & Co. increased their price objective on shares of Johnson Controls International from $158.00 to $162.00 in a research report on Thursday, May 7th. Mizuho increased their price objective on shares of Johnson Controls International from $130.00 to $140.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. HSBC upped their price target on shares of Johnson Controls International from $127.00 to $136.00 in a research note on Thursday, May 7th. Finally, The Goldman Sachs Group upped their price target on shares of Johnson Controls International from $154.00 to $158.00 and gave the company a “buy” rating in a research note on Tuesday, April 7th. Eleven research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $147.63.
Johnson Controls International Stock Up 0.1%
NYSE JCI opened at $138.51 on Monday. The company has a current ratio of 1.04, a quick ratio of 0.85 and a debt-to-equity ratio of 0.64. Johnson Controls International plc has a 1-year low of $96.31 and a 1-year high of $147.32. The company has a 50 day moving average of $137.64 and a 200-day moving average of $128.35. The company has a market cap of $84.51 billion, a price-to-earnings ratio of 24.78, a PEG ratio of 1.52 and a beta of 1.37.
Johnson Controls International (NYSE:JCI – Get Free Report) last released its quarterly earnings results on Tuesday, March 31st. The company reported $1.19 earnings per share 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. On average, equities research analysts expect that Johnson Controls International plc will post 4.87 earnings per share for the current fiscal year.
Johnson Controls International Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Monday, March 16th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Monday, March 16th. Johnson Controls International’s payout ratio is presently 28.62%.
Insider Transactions at Johnson Controls International
In other Johnson Controls International news, VP Lei Zhang Schlitz sold 88,809 shares of the stock in a transaction dated 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 in the company, valued at $8,044,748.41. This represents a 60.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.29% of the stock is owned by insiders.
About Johnson Controls International
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.
Featured Articles
- Five stocks we like better than Johnson Controls International
- The Smart Glasses Gold Rush Is Leaving Old-School Eyewear Behind
- 3 Rare Earth Stocks That Win No Matter What China Does Next
- Amylyx Stock: Why the Full Pipeline Story Matters
- Palantir and Dell Build an AI OS for the Paranoid
Want to see what other hedge funds are holding JCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Johnson Controls International plc (NYSE:JCI – Free Report).
Receive News & Ratings for Johnson Controls International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Controls International and related companies with MarketBeat.com's FREE daily email newsletter.
