Johnson Controls International plc $JCI Shares Acquired by Calamos Wealth Management LLC

Calamos Wealth Management LLC raised its stake in shares of Johnson Controls International plc (NYSE:JCIFree Report) by 50.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 83,297 shares of the company’s stock after purchasing an additional 27,982 shares during the period. Calamos Wealth Management LLC’s holdings in Johnson Controls International were worth $12,171,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC purchased a new stake in shares of Johnson Controls International during the 4th quarter valued at $222,000. Acadian Asset Management LLC purchased a new position in shares of Johnson Controls International in the 1st quarter worth $55,000. Sivia Capital Partners LLC boosted its holdings in Johnson Controls International by 83.3% in the second quarter. Sivia Capital Partners LLC now owns 7,049 shares of the company’s stock valued at $745,000 after acquiring an additional 3,203 shares during the last quarter. Jump Financial LLC grew its position in Johnson Controls International by 3.5% during the second quarter. Jump Financial LLC now owns 12,578 shares of the company’s stock valued at $1,328,000 after acquiring an additional 425 shares during the period. Finally, Federated Hermes Inc. increased its stake in Johnson Controls International by 120.7% during the second quarter. Federated Hermes Inc. now owns 12,359 shares of the company’s stock worth $1,305,000 after acquiring an additional 6,760 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Royal Bank Of Canada lifted their price objective on Johnson Controls International from $154.00 to $161.00 and gave the company a “sector perform” rating in a research note on Thursday, July 30th. Argus set a $175.00 price target on shares of Johnson Controls International in a research report on Friday, August 7th. Sanford C. Bernstein boosted their price objective on shares of Johnson Controls International from $173.00 to $190.00 and gave the stock an “outperform” rating in a research note on Friday. Weiss Ratings reissued a “buy (b)” rating on shares of Johnson Controls International in a research report on Tuesday, June 9th. Finally, Wolfe Research restated an “outperform” rating and set a $171.00 target price on shares of Johnson Controls International in a report on Wednesday, June 3rd. Twelve analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $155.50.

Check Out Our Latest Stock Report on Johnson Controls International

Johnson Controls International Stock Performance

Shares of JCI stock opened at $153.73 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.00 and a quick ratio of 0.83. The company’s fifty day moving average price is $144.91 and its two-hundred day moving average price is $139.75. The firm has a market capitalization of $93.12 billion, a P/E ratio of 26.74, a P/E/G ratio of 1.46 and a beta of 1.31. Johnson Controls International plc has a 12 month low of $103.07 and a 12 month high of $157.06.

Johnson Controls International (NYSE:JCIGet Free Report) last announced its earnings results on Thursday, July 30th. The company reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.12. Johnson Controls International had a return on equity of 22.11% and a net margin of 14.32%.The business had revenue of $6.61 billion for the quarter, compared to analyst estimates of $6.46 billion. During the same period in the previous year, the company earned $1.05 earnings per share. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year. On average, research analysts anticipate that Johnson Controls International plc will post 5.08 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Monday, June 15th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, June 15th. This represents a $1.60 annualized dividend and a yield of 1.0%. Johnson Controls International’s payout ratio is currently 27.83%.

Insider Buying and Selling

In related news, VP Todd M. Grabowski sold 1,800 shares of Johnson Controls International stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $146.20, for a total value of $263,160.00. Following the completion of the sale, the vice president owned 26,215 shares in the company, valued at approximately $3,832,633. The trade was a 6.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Lei Zhang Schlitz sold 23,417 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $153.07, for a total transaction of $3,584,440.19. Following the transaction, the vice president owned 15,017 shares in the company, valued at $2,298,652.19. This trade represents a 60.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.29% of the company’s stock.

Johnson Controls International Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Johnson Controls International (NYSE:JCI)

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