Calamos Advisors LLC raised its holdings in Johnson Controls International plc (NYSE:JCI – Free Report) by 46.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 327,139 shares of the company’s stock after acquiring an additional 104,306 shares during the quarter. Calamos Advisors LLC’s holdings in Johnson Controls International were worth $42,839,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in the stock. Norges Bank bought a new stake in Johnson Controls International during the fourth quarter worth about $927,739,000. Viking Global Investors LP grew its holdings in shares of Johnson Controls International by 368.5% in the third quarter. Viking Global Investors LP now owns 6,796,942 shares of the company’s stock worth $747,324,000 after purchasing an additional 5,346,130 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Johnson Controls International by 140.8% in the second quarter. Ameriprise Financial Inc. now owns 4,575,414 shares of the company’s stock valued at $483,281,000 after acquiring an additional 2,675,157 shares during the period. Invesco Ltd. increased its holdings in Johnson Controls International by 13.0% during the 4th quarter. Invesco Ltd. now owns 16,003,486 shares of the company’s stock valued at $1,916,417,000 after purchasing an additional 1,837,220 shares during the period. Finally, Balyasny Asset Management L.P. increased its stake in shares of Johnson Controls International by 93,932.4% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,809,184 shares of the company’s stock valued at $216,650,000 after buying an additional 1,807,260 shares during the period. 90.05% of the stock is owned by institutional investors.
Insider Buying and Selling at Johnson Controls International
In related news, VP Todd M. Grabowski sold 1,800 shares of the business’s 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 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 document filed with the SEC, which is accessible through this hyperlink. Also, VP Lei Zhang Schlitz sold 88,809 shares of the company’s 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 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 SEC filing for this sale provides additional information. Insiders own 0.29% of the company’s stock.
Analysts Set New Price Targets
Check Out Our Latest Analysis on JCI
Johnson Controls International Price Performance
Shares of Johnson Controls International stock opened at $143.98 on Tuesday. Johnson Controls International plc has a 52 week low of $102.09 and a 52 week high of $151.18. The company has a quick ratio of 0.85, a current ratio of 1.04 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $87.84 billion, a price-to-earnings ratio of 25.76, a PEG ratio of 1.53 and a beta of 1.31. The stock’s 50-day simple moving average is $141.87 and its 200-day simple moving average is $134.79.
Johnson Controls International (NYSE:JCI – Get Free Report) last announced its quarterly earnings data 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 net margin of 14.45% and a return on equity of 19.50%. As a group, analysts expect that Johnson Controls International plc will post 4.92 earnings per share for the current fiscal year.
Johnson Controls International Announces Dividend
The company also recently declared 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. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date was Monday, June 15th. Johnson Controls International’s dividend payout ratio (DPR) is currently 28.62%.
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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