8,577 Shares in Johnson Controls International plc $JCI Bought by Great Lakes Advisors LLC

Great Lakes Advisors LLC bought a new stake in shares of Johnson Controls International plc (NYSE:JCI) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 8,577 shares of the company’s stock, valued at approximately $1,253,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mcguire Capital Advisors Inc. purchased a new stake in shares of Johnson Controls International during the fourth quarter worth about $27,000. Twin Tree Management LP raised its position in shares of Johnson Controls International by 140.9% in the 4th quarter. Twin Tree Management LP now owns 260 shares of the company’s stock valued at $31,000 after purchasing an additional 895 shares during the last quarter. Fourth Dimension Wealth LLC boosted its stake in Johnson Controls International by 51.3% in the 2nd quarter. Fourth Dimension Wealth LLC now owns 230 shares of the company’s stock worth $34,000 after purchasing an additional 78 shares in the last quarter. SJS Investment Consulting Inc. boosted its stake in Johnson Controls International by 747.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 288 shares of the company’s stock worth $38,000 after purchasing an additional 254 shares in the last quarter. Finally, Axiom Investment Management LLC acquired a new stake in Johnson Controls International in the 2nd quarter worth approximately $41,000. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Johnson Controls International Stock Performance

Shares of NYSE JCI opened at $143.32 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.83 and a debt-to-equity ratio of 0.61. Johnson Controls International plc has a 12 month low of $103.82 and a 12 month high of $157.06. The company has a 50 day simple moving average of $145.22 and a two-hundred day simple moving average of $140.78. The stock has a market cap of $86.81 billion, a price-to-earnings ratio of 24.93, a PEG ratio of 1.38 and a beta of 1.31.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.30 by $0.12. The business had revenue of $6.61 billion for the quarter, compared to the consensus estimate of $6.46 billion. Johnson Controls International had a net margin of 14.32% and a return on equity of 22.11%. The business’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.05 EPS. As a group, analysts predict that Johnson Controls International plc will post 5.08 earnings per share for the current year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Monday, June 15th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Monday, June 15th. Johnson Controls International’s dividend payout ratio is presently 27.83%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Citigroup upped their price target on shares of Johnson Controls International from $155.00 to $157.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. JPMorgan Chase & Co. lifted their price objective on shares of Johnson Controls International from $158.00 to $162.00 in a research note on Thursday, May 7th. Mizuho boosted their price objective on shares of Johnson Controls International from $130.00 to $140.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. HSBC upped their target price on Johnson Controls International from $127.00 to $136.00 in a research report on Thursday, May 7th. Finally, UBS Group restated a “buy” rating on shares of Johnson Controls International in a research note on Thursday, July 30th. Twelve investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $155.50.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Todd M. Grabowski sold 1,800 shares of Johnson Controls International stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total transaction of $263,160.00. Following the completion of the transaction, the vice president owned 26,215 shares in the company, valued at approximately $3,832,633. This trade represents a 6.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Lei Zhang Schlitz sold 23,417 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $153.07, for a total value of $3,584,440.19. Following the completion of the transaction, the vice president directly owned 15,017 shares of the company’s stock, valued at approximately $2,298,652.19. This trade represents a 60.93% decrease in their position. The SEC filing for this sale provides additional information. 0.29% of the stock is currently owned by corporate insiders.

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.