Sequoia Financial Advisors LLC grew its holdings in Johnson Controls International plc (NYSE:JCI – Free Report) by 26.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 31,276 shares of the company’s stock after acquiring an additional 6,596 shares during the period. Sequoia Financial Advisors LLC’s holdings in Johnson Controls International were worth $3,745,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC acquired a new position in shares of Johnson Controls International during the fourth quarter worth $222,000. Acadian Asset Management LLC acquired a new position in Johnson Controls International in the first quarter worth about $55,000. Sivia Capital Partners LLC grew its position 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 worth $745,000 after acquiring an additional 3,203 shares in the last quarter. Jump Financial LLC increased its stake 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 purchasing an additional 425 shares during the last quarter. Finally, Federated Hermes Inc. grew its position in shares of Johnson Controls International by 120.7% during the 2nd quarter. Federated Hermes Inc. now owns 12,359 shares of the company’s stock valued at $1,305,000 after buying an additional 6,760 shares during the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.
Johnson Controls International Stock Up 0.1%
Johnson Controls International stock opened at $139.40 on Friday. The stock has a market cap of $85.05 billion, a price-to-earnings ratio of 24.94, a PEG ratio of 1.54 and a beta of 1.37. The company has a current ratio of 1.04, a quick ratio of 0.81 and a debt-to-equity ratio of 0.64. The company’s 50-day moving average price is $137.47 and its two-hundred day moving average price is $126.21. Johnson Controls International plc has a 52 week low of $90.91 and a 52 week high of $147.32.
Johnson Controls International Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 16th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Monday, March 16th. Johnson Controls International’s dividend payout ratio is 30.13%.
Johnson Controls International News Roundup
Here are the key news stories impacting Johnson Controls International this week:
- Positive Sentiment: JPMorgan raised its price target on Johnson Controls International to $162 from $158, implying further upside from current levels. JPMorgan adjusts price target on Johnson Controls International to 162 from 158
- Positive Sentiment: UBS lifted its target to $170 from $160 and reiterated a buy rating, reflecting strong confidence in Johnson Controls’ post-earnings outlook. Johnson Controls price target update from UBS
- Positive Sentiment: Wells Fargo raised its target to $160 from $145 and kept an overweight rating, adding to the positive analyst momentum around the stock. Johnson Controls price target update from Wells Fargo
- Positive Sentiment: Analysts boosted forecasts after Johnson Controls posted upbeat Q2 results, with reports highlighting strong earnings and sales growth alongside a raised full-year outlook. Johnson Controls Analysts Boost Their Forecasts Following Upbeat Q2 Results
- Positive Sentiment: Seeking Alpha published a bullish take emphasizing Johnson Controls’ strong backlog and pricing power, reinforcing the case for continued margin support. Johnson Controls: Strong Backlog And Pricing Power Support Buy Rating
- Neutral Sentiment: HSBC also raised its price target to $136 from $127, but that level is still below the current share price, making the revision less supportive than other updates. HSBC adjusts price target on Johnson Controls International to 136 from 127
- Neutral Sentiment: Mizuho raised its target to $140 from $130 while keeping a neutral rating, suggesting limited near-term upside at current valuation. Mizuho raises target on Johnson Controls International
Insider Transactions at Johnson Controls International
In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 3,600 shares of the 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 completion of the transaction, the vice president directly owned 24,273 shares of the company’s stock, valued at approximately $3,460,358.88. This trade represents a 12.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.29% of the company’s stock.
Analyst Ratings Changes
A number of research firms recently issued reports on JCI. JPMorgan Chase & Co. boosted their price objective on Johnson Controls International from $158.00 to $162.00 in a research report on Thursday. Weiss Ratings reissued a “buy (b)” rating on shares of Johnson Controls International in a research note on Thursday, January 22nd. Jefferies Financial Group boosted their target price on shares of Johnson Controls International from $125.00 to $135.00 and gave the company a “hold” rating in a research note on Wednesday, April 15th. Barclays raised their price target on shares of Johnson Controls International from $136.00 to $144.00 and gave the company an “equal weight” rating in a research note on Thursday. Finally, BNP Paribas Exane initiated coverage on Johnson Controls International in a report on Tuesday, April 14th. They set an “underperform” rating and a $120.00 price target on the stock. Eleven investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $147.63.
Check Out Our Latest Report on Johnson Controls International
Johnson Controls International Company Profile
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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