Rathbones Group PLC Has $30.04 Million Holdings in Johnson Controls International plc $JCI

Rathbones Group PLC lessened its holdings in shares of Johnson Controls International plc (NYSE:JCIFree Report) by 4.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 250,867 shares of the company’s stock after selling 12,429 shares during the quarter. Rathbones Group PLC’s holdings in Johnson Controls International were worth $30,041,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in JCI. Brighton Jones LLC acquired a new stake in shares of Johnson Controls International in the 4th quarter valued at about $222,000. Acadian Asset Management LLC acquired a new stake in shares of Johnson Controls International in the 1st quarter valued at about $55,000. Sivia Capital Partners LLC raised its stake in shares of Johnson Controls International by 83.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 7,049 shares of the company’s stock valued at $745,000 after purchasing an additional 3,203 shares during the period. Jump Financial LLC raised its stake in shares of Johnson Controls International by 3.5% in the 2nd quarter. Jump Financial LLC now owns 12,578 shares of the company’s stock valued at $1,328,000 after purchasing an additional 425 shares during the period. Finally, Federated Hermes Inc. raised its stake in shares of Johnson Controls International by 120.7% in the 2nd quarter. Federated Hermes Inc. now owns 12,359 shares of the company’s stock valued at $1,305,000 after purchasing an additional 6,760 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analyst Upgrades and Downgrades

JCI has been the subject of several analyst reports. Robert W. Baird raised their price objective on Johnson Controls International from $132.00 to $148.00 and gave the company a “neutral” rating in a report on Monday, April 27th. Rothschild & Co Redburn raised their price objective on Johnson Controls International from $137.00 to $150.00 and gave the company a “buy” rating in a report on Monday, February 9th. JPMorgan Chase & Co. raised their price objective on Johnson Controls International from $158.00 to $162.00 in a report on Thursday, May 7th. Jefferies Financial Group raised their price objective on Johnson Controls International from $125.00 to $135.00 and gave the company a “hold” rating in a report on Wednesday, April 15th. Finally, Mizuho raised their price objective on Johnson Controls International from $130.00 to $140.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Eleven equities 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 data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $147.63.

View Our Latest Stock Report on JCI

Insider Activity at Johnson Controls International

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 88,809 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the vice president directly owned 57,059 shares in the company, valued at $8,044,748.41. The trade was a 60.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Daniel C. Mcconeghy sold 3,600 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $142.56, for a total transaction of $513,216.00. Following the transaction, the vice president owned 24,273 shares of the company’s stock, valued at $3,460,358.88. This trade represents a 12.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is owned by insiders.

Johnson Controls International Trading Up 1.6%

Shares of NYSE:JCI opened at $137.62 on Thursday. Johnson Controls International plc has a 12-month low of $96.01 and a 12-month high of $147.32. The stock has a market cap of $83.96 billion, a PE ratio of 24.62, a P/E/G ratio of 1.49 and a beta of 1.37. The business has a 50 day moving average of $137.55 and a 200-day moving average of $128.03. The company has a quick ratio of 0.85, a current ratio of 1.04 and a debt-to-equity ratio of 0.64.

Johnson Controls International (NYSE:JCIGet Free Report) last issued its quarterly earnings results on Tuesday, March 31st. The company reported $1.19 earnings per share (EPS) for the quarter. The business had revenue of $6.14 billion during the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%. As a group, equities research analysts forecast that Johnson Controls International plc will post 4.87 earnings per share for the current year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 16th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.2%. The ex-dividend date was Monday, March 16th. Johnson Controls International’s payout ratio is currently 28.62%.

About Johnson Controls International

(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.

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

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