Natixis Advisors LLC trimmed its stake in shares of Johnson Controls International plc (NYSE:JCI – Free Report) by 2.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 626,082 shares of the company’s stock after selling 16,278 shares during the period. Natixis Advisors LLC’s holdings in Johnson Controls International were worth $74,973,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of the stock. Lcnb Corp lifted its holdings in shares of Johnson Controls International by 4.0% during the fourth quarter. Lcnb Corp now owns 2,094 shares of the company’s stock valued at $251,000 after purchasing an additional 81 shares during the last quarter. Catalyst Financial Partners LLC lifted its holdings in shares of Johnson Controls International by 2.5% during the third quarter. Catalyst Financial Partners LLC now owns 3,398 shares of the company’s stock valued at $374,000 after purchasing an additional 84 shares during the last quarter. Millstone Evans Group LLC lifted its holdings in shares of Johnson Controls International by 2.6% during the fourth quarter. Millstone Evans Group LLC now owns 3,427 shares of the company’s stock valued at $410,000 after purchasing an additional 87 shares during the last quarter. apricus wealth LLC lifted its holdings in shares of Johnson Controls International by 3.1% during the fourth quarter. apricus wealth LLC now owns 2,946 shares of the company’s stock valued at $353,000 after purchasing an additional 89 shares during the last quarter. Finally, Founders Financial Securities LLC lifted its holdings in shares of Johnson Controls International by 2.6% during the fourth quarter. Founders Financial Securities LLC now owns 3,490 shares of the company’s stock valued at $418,000 after purchasing an additional 89 shares during the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.
Johnson Controls International Stock Up 6.1%
NYSE:JCI opened at $142.06 on Wednesday. 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 $100.10 and a 1-year high of $147.32. The business’s fifty day moving average price is $138.24 and its 200 day moving average price is $129.06. The firm has a market capitalization of $86.67 billion, a price-to-earnings ratio of 25.41, a PEG ratio of 1.45 and a beta of 1.32.
Insiders Place Their Bets
In other Johnson Controls International news, VP Lei Zhang Schlitz sold 88,809 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $140.99, for a total value of $12,521,180.91. Following the transaction, the vice president directly owned 57,059 shares of the company’s stock, valued at $8,044,748.41. This represents a 60.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.29% of the stock is currently owned by insiders.
Analysts Set New Price Targets
Several research analysts recently weighed in on JCI shares. Rothschild & Co Redburn upped their price target on Johnson Controls International from $137.00 to $150.00 and gave the company a “buy” rating in a research report on Monday, February 9th. Citigroup upped their price target on Johnson Controls International from $150.00 to $155.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. BNP Paribas Exane started coverage on Johnson Controls International in a research report on Tuesday, April 14th. They set an “underperform” rating and a $120.00 price target on the stock. Robert W. Baird upped their price target on Johnson Controls International from $132.00 to $148.00 and gave the company a “neutral” rating in a research report on Monday, April 27th. Finally, HSBC upped their price target on Johnson Controls International from $127.00 to $136.00 in a research report on Thursday, May 7th. Eleven investment 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. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $149.21.
Get Our Latest Analysis on Johnson Controls International
Johnson Controls International Profile
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.
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