Jones Financial Companies Lllp purchased a new position in shares of Johnson Controls International plc (NYSE:JCI – Free Report) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 3,543 shares of the company’s stock, valued at approximately $518,000.
A number of other institutional investors have also recently bought and sold shares of the business. Mcguire Capital Advisors Inc. acquired a new stake in shares of Johnson Controls International in the fourth quarter valued at approximately $27,000. Twin Tree Management LP boosted its stake in shares of Johnson Controls International by 140.9% during the 4th quarter. Twin Tree Management LP now owns 260 shares of the company’s stock worth $31,000 after acquiring an additional 895 shares during the period. Fourth Dimension Wealth LLC increased its holdings in shares of Johnson Controls International by 51.3% during the 2nd quarter. Fourth Dimension Wealth LLC now owns 230 shares of the company’s stock worth $34,000 after acquiring an additional 78 shares during the last quarter. SJS Investment Consulting Inc. increased its holdings in shares of Johnson Controls International by 747.1% during the 1st quarter. SJS Investment Consulting Inc. now owns 288 shares of the company’s stock worth $38,000 after acquiring an additional 254 shares during the last quarter. Finally, Axiom Investment Management LLC bought a new stake in Johnson Controls International in the 2nd quarter valued at $41,000. Institutional investors and hedge funds own 90.05% of the company’s stock.
Johnson Controls International Stock Performance
NYSE:JCI opened at $142.98 on Tuesday. The company has a market cap of $86.61 billion, a price-to-earnings ratio of 24.87, a PEG ratio of 1.38 and a beta of 1.31. Johnson Controls International plc has a fifty-two week low of $103.82 and a fifty-two week high of $157.06. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.83 and a current ratio of 1.00. The stock has a fifty day moving average price of $145.16 and a 200-day moving average price of $141.04.
Johnson Controls International Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 15th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, June 15th. Johnson Controls International’s dividend payout ratio is 27.83%.
Insider Buying and Selling
In related news, VP Lei Zhang Schlitz sold 23,417 shares of the stock in a transaction that occurred 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 sale, the vice president owned 15,017 shares in the company, valued at approximately $2,298,652.19. This trade represents a 60.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Todd M. Grabowski sold 1,800 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $146.20, for a total transaction of $263,160.00. Following the completion of the transaction, the vice president directly owned 26,215 shares in the company, valued at $3,832,633. This trade represents a 6.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.29% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on JCI shares. Citigroup raised their price target on Johnson Controls International from $155.00 to $157.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. UBS Group reissued a “buy” rating on shares of Johnson Controls International in a research report on Thursday, July 30th. HSBC raised their target price on shares of Johnson Controls International from $127.00 to $136.00 in a research note on Thursday, May 7th. Zacks Research downgraded shares of Johnson Controls International from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 6th. Finally, JPMorgan Chase & Co. upped their price target on shares of Johnson Controls International from $158.00 to $162.00 in a research note on Thursday, May 7th. Twelve equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $155.50.
Read Our Latest Stock Report on JCI
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.
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