TD Waterhouse Canada Inc. grew its stake in Johnson Controls International plc (NYSE:JCI – Free Report) by 4.7% in the 3rd quarter, Holdings Channel.com reports. The fund owned 130,788 shares of the company’s stock after purchasing an additional 5,908 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Johnson Controls International were worth $19,862,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of JCI. State Street Corp raised its holdings in Johnson Controls International by 2.2% during the second quarter. State Street Corp now owns 28,283,873 shares of the company’s stock worth $4,143,674,000 after acquiring an additional 621,319 shares in the last quarter. Amundi boosted its position in Johnson Controls International by 157.2% during the first quarter. Amundi now owns 5,965,212 shares of the company’s stock valued at $781,145,000 after purchasing an additional 3,646,047 shares during the last quarter. First Trust Advisors LP boosted its position in Johnson Controls International by 28.3% during the first quarter. First Trust Advisors LP now owns 5,761,677 shares of the company’s stock valued at $754,492,000 after purchasing an additional 1,270,849 shares during the last quarter. Pictet Asset Management Holding SA boosted its position in Johnson Controls International by 0.9% during the second quarter. Pictet Asset Management Holding SA now owns 2,331,718 shares of the company’s stock valued at $340,501,000 after purchasing an additional 20,780 shares during the last quarter. Finally, SG Americas Securities LLC grew its stake in Johnson Controls International by 173.7% in the first quarter. SG Americas Securities LLC now owns 2,068,995 shares of the company’s stock valued at $270,935,000 after purchasing an additional 1,313,060 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.
Analyst Ratings Changes
JCI has been the topic of several recent analyst reports. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Johnson Controls International in a research report on Wednesday, October 7th. Deutsche Bank Aktiengesellschaft dropped their price objective on Johnson Controls International from $180.00 to $178.00 and set a “buy” rating on the stock in a research note on Wednesday, September 30th. Royal Bank Of Canada increased their price objective on Johnson Controls International from $161.00 to $165.00 and gave the company a “sector perform” rating in a report on Wednesday. Wells Fargo & Company initiated coverage on Johnson Controls International in a report on Thursday, September 24th. They issued an “overweight” rating and a $186.00 price objective for the company. Finally, The Goldman Sachs Group raised their target price on shares of Johnson Controls International from $186.00 to $191.00 and gave the company a “buy” rating in a research note on Wednesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Johnson Controls International currently has an average rating of “Moderate Buy” and an average target price of $163.05.
Read Our Latest Stock Analysis on JCI
Johnson Controls International Stock Performance
NYSE JCI opened at $145.19 on Friday. The firm has a 50-day moving average of $147.36 and a 200-day moving average of $143.66. 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 market cap of $87.95 billion, a PE ratio of 25.25, a P/E/G ratio of 1.08 and a beta of 1.27. Johnson Controls International plc has a 52-week low of $107.77 and a 52-week high of $160.41.
Johnson Controls International (NYSE:JCI – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.30 by $0.12. Johnson Controls International had a net margin of 14.32% and a return on equity of 22.11%. The business had revenue of $6.61 billion during the quarter, compared to the consensus estimate of $6.46 billion. During the same quarter in the previous year, the firm posted $1.05 EPS. Johnson Controls International’s revenue was up 9.3% compared to the same quarter last year. On average, sell-side analysts anticipate that Johnson Controls International plc will post 5.08 EPS for the current year.
Johnson Controls International Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Monday, September 21st were given a dividend of $0.40 per share. The ex-dividend date was Monday, September 21st. This represents a $1.60 annualized dividend and a yield of 1.1%. Johnson Controls International’s dividend payout ratio (DPR) is 27.83%.
Insider Transactions at Johnson Controls International
In other news, VP Lei Schlitz sold 23,417 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $153.07, for a total transaction of $3,584,440.19. Following the completion of the sale, the vice president owned 15,017 shares in the company, valued at $2,298,652.19. The trade was a 60.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.29% of the stock is owned by company insiders.
About Johnson Controls International
Johnson Controls International plc (NYSE:JCI) is a global provider of building technology, products and services. The company helps customers design, operate and maintain efficient, healthy and secure buildings through solutions for heating, ventilation and air conditioning, building automation, energy management, fire detection and suppression, and physical security.
Its portfolio includes building controls and digital management platforms, HVAC equipment, chillers, air-handling systems, fire and security technologies, and related services.
See Also
- Five stocks we like better than Johnson Controls International
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
Want to see what other hedge funds are holding JCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Johnson Controls International plc (NYSE:JCI – Free Report).
Receive News & Ratings for Johnson Controls International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Controls International and related companies with MarketBeat.com's FREE daily email newsletter.
