Fideuram Asset Management Ireland dac Buys Shares of 9,212 Johnson Controls International plc $JCI

Fideuram Asset Management Ireland dac bought a new stake in Johnson Controls International plc (NYSE:JCI) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,212 shares of the company’s stock, valued at approximately $1,103,000.

A number of other institutional investors have also recently added to or reduced their stakes in JCI. Viking Global Investors LP lifted its stake in 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 valued at $747,324,000 after acquiring an additional 5,346,130 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in 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 last quarter. First Trust Advisors LP lifted its stake in Johnson Controls International by 23.3% in the third quarter. First Trust Advisors LP now owns 3,519,724 shares of the company’s stock valued at $386,994,000 after acquiring an additional 665,782 shares during the last quarter. Man Group plc lifted its stake in Johnson Controls International by 148.1% in the second quarter. Man Group plc now owns 832,921 shares of the company’s stock valued at $87,973,000 after acquiring an additional 497,221 shares during the last quarter. Finally, Interval Partners LP lifted its stake in Johnson Controls International by 793.0% in the third quarter. Interval Partners LP now owns 513,401 shares of the company’s stock valued at $56,448,000 after acquiring an additional 455,907 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Johnson Controls International

In related news, VP Lei Zhang Schlitz sold 88,809 shares of the business’s stock in a transaction 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 transaction, the vice president owned 57,059 shares of the company’s stock, valued at approximately $8,044,748.41. The trade was a 60.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.29% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on JCI. Wolfe Research reduced their target price on shares of Johnson Controls International from $161.00 to $160.00 and set an “outperform” rating for the company in a research note on Wednesday, April 8th. HSBC boosted their price objective on shares of Johnson Controls International from $127.00 to $136.00 in a research note on Thursday, May 7th. Evercore began coverage on shares of Johnson Controls International in a research note on Monday, April 13th. They issued a “hold” rating and a $155.00 price objective for the company. Barclays boosted their price objective on shares of Johnson Controls International from $136.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. Finally, UBS Group boosted their price objective on shares of Johnson Controls International from $160.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Eleven analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $147.63.

Johnson Controls International Price Performance

Shares of Johnson Controls International stock opened at $134.05 on Friday. The firm has a fifty day simple moving average of $138.21 and a 200-day simple moving average of $128.93. The company has a current ratio of 1.04, a quick ratio of 0.85 and a debt-to-equity ratio of 0.64. Johnson Controls International plc has a 1-year low of $99.11 and a 1-year high of $147.32. The stock has a market capitalization of $81.78 billion, a price-to-earnings ratio of 23.98, a PEG ratio of 1.47 and a beta of 1.37.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings data on Tuesday, March 31st. The company reported $1.19 earnings per share for the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. The business had revenue of $6.14 billion during the quarter. On average, sell-side analysts expect that Johnson Controls International plc will post 4.86 earnings per share for the current year.

Johnson Controls International Announces Dividend

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