Clifford Swan Investment Counsel LLC Reduces Holdings in Johnson Controls International plc $JCI

Clifford Swan Investment Counsel LLC lowered its stake in Johnson Controls International plc (NYSE:JCI) by 2.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 288,770 shares of the company’s stock after selling 8,649 shares during the period. Johnson Controls International makes up approximately 1.1% of Clifford Swan Investment Counsel LLC’s portfolio, making the stock its 21st largest position. Clifford Swan Investment Counsel LLC’s holdings in Johnson Controls International were worth $34,580,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Maseco LLP raised its holdings in shares of Johnson Controls International by 102.9% in the fourth quarter. Maseco LLP now owns 211 shares of the company’s stock worth $25,000 after acquiring an additional 107 shares during the last quarter. Roxbury Financial LLC lifted its position in shares of Johnson Controls International by 71.9% in the fourth quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock valued at $29,000 after acquiring an additional 100 shares in the last quarter. YANKCOM Partnership acquired a new stake in shares of Johnson Controls International during the fourth quarter valued at $34,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Johnson Controls International during the fourth quarter valued at $38,000. Finally, Dunhill Financial LLC increased its position in Johnson Controls International by 123.3% during the 3rd quarter. Dunhill Financial LLC now owns 335 shares of the company’s stock worth $37,000 after purchasing an additional 185 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Stock Up 0.3%

JCI opened at $147.35 on Friday. Johnson Controls International plc has a 12 month low of $100.86 and a 12 month high of $148.38. The business has a 50-day moving average of $138.98 and a two-hundred day moving average of $129.59. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.04 and a quick ratio of 0.85. The stock has a market capitalization of $89.90 billion, a price-to-earnings ratio of 26.36, a price-to-earnings-growth ratio of 1.59 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last announced 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 for the quarter. On average, research 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 declared a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. Johnson Controls International’s dividend payout ratio (DPR) is currently 28.62%.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Royal Bank Of Canada reissued a “sector perform” rating and issued a $154.00 target price on shares of Johnson Controls International in a research note on Tuesday. BNP Paribas Exane began coverage on shares of Johnson Controls International in a report on Tuesday, April 14th. They set an “underperform” rating and a $120.00 price target for the company. JPMorgan Chase & Co. boosted their price objective on shares of Johnson Controls International from $158.00 to $162.00 in a research report on Thursday, May 7th. Wall Street Zen raised shares of Johnson Controls International from a “hold” rating to a “buy” rating in a research note on Sunday, May 3rd. Finally, The Goldman Sachs Group raised their target price on shares of Johnson Controls International from $169.00 to $178.00 and gave the stock a “buy” rating in a research report on Tuesday. 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. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $149.79.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 88,809 shares of Johnson Controls International stock in a transaction on Friday, May 8th. The shares were sold at an average price of $140.99, for a total value of $12,521,180.91. Following the transaction, the vice president owned 57,059 shares in the company, valued at $8,044,748.41. This trade represents a 60.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.29% of the stock is currently owned by company insiders.

Johnson Controls International 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.