Johnson Controls International plc $JCI Position Reduced by Saturna Capital Corp

Saturna Capital Corp lessened its stake in Johnson Controls International plc (NYSE:JCI) by 0.6% during the 4th quarter, HoldingsChannel reports. The firm owned 2,631,693 shares of the company’s stock after selling 15,259 shares during the quarter. Johnson Controls International accounts for about 4.1% of Saturna Capital Corp’s investment portfolio, making the stock its 9th biggest holding. Saturna Capital Corp’s holdings in Johnson Controls International were worth $315,145,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Maseco LLP lifted its position in shares of Johnson Controls International by 102.9% during the 4th quarter. Maseco LLP now owns 211 shares of the company’s stock valued at $25,000 after buying an additional 107 shares in the last quarter. Roxbury Financial LLC lifted its position in shares of Johnson Controls International by 71.9% during the 4th quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock valued at $29,000 after buying an additional 100 shares in the last quarter. Twin Tree Management LP lifted its position in shares of Johnson Controls International by 140.9% during the 4th quarter. Twin Tree Management LP now owns 260 shares of the company’s stock valued at $31,000 after buying an additional 895 shares in the last quarter. YANKCOM Partnership purchased a new position in shares of Johnson Controls International during the 4th quarter valued at approximately $34,000. Finally, Dunhill Financial LLC lifted its position in shares of Johnson Controls International by 123.3% during the 3rd quarter. Dunhill Financial LLC now owns 335 shares of the company’s stock valued at $37,000 after buying an additional 185 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Insiders Place Their Bets

In other Johnson Controls International news, VP Todd M. Grabowski sold 1,800 shares of the firm’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total value of $263,160.00. Following 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 sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Lei Zhang Schlitz sold 88,809 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $140.99, for a total value of $12,521,180.91. Following the completion of the sale, the vice president directly owned 57,059 shares of the company’s stock, valued at $8,044,748.41. This trade represents a 60.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on JCI. UBS Group increased their target price on Johnson Controls International from $170.00 to $180.00 and gave the company a “buy” rating in a research report on Tuesday, June 2nd. Jefferies Financial Group increased their target price on Johnson Controls International from $125.00 to $135.00 and gave the company a “hold” rating in a research report on Wednesday, April 15th. BNP Paribas Exane began coverage on Johnson Controls International in a research report on Tuesday, April 14th. They set an “underperform” rating and a $120.00 target price on the stock. The Goldman Sachs Group increased their target price on Johnson Controls International from $169.00 to $178.00 and gave the company a “buy” rating in a research report on Tuesday, June 2nd. Finally, Oppenheimer reiterated a “market perform” rating on shares of Johnson Controls International in a research report on Tuesday, June 2nd. Twelve 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 company has a consensus rating of “Hold” and a consensus target price of $152.85.

Johnson Controls International Trading Down 5.7%

Shares of JCI stock opened at $139.28 on Thursday. The stock’s fifty day moving average is $139.94 and its two-hundred day moving average is $130.41. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.85 and a current ratio of 1.04. The firm has a market capitalization of $84.98 billion, a P/E ratio of 24.92, a PEG ratio of 1.60 and a beta of 1.32. Johnson Controls International plc has a fifty-two week low of $100.86 and a fifty-two week high of $149.10.

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. The company had revenue of $6.14 billion for the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%. Research analysts expect that Johnson Controls International plc will post 4.86 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 15th will be issued a $0.40 dividend. The ex-dividend date 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 presently 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.