Deprince Race & Zollo Inc. trimmed its position in shares of Johnson Controls International plc (NYSE:JCI – Free Report) by 1.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 276,530 shares of the company’s stock after selling 3,760 shares during the quarter. Deprince Race & Zollo Inc.’s holdings in Johnson Controls International were worth $36,212,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also bought and sold shares of the company. Maseco LLP raised its stake in shares of Johnson Controls International by 102.9% in the fourth quarter. Maseco LLP now owns 211 shares of the company’s stock valued at $25,000 after acquiring an additional 107 shares during the period. Mcguire Capital Advisors Inc. purchased a new position in shares of Johnson Controls International during the 4th quarter worth about $27,000. Roxbury Financial LLC boosted its stake 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 worth $29,000 after purchasing an additional 100 shares during the period. Twin Tree Management LP grew its holdings in 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 purchasing an additional 895 shares during the last quarter. Finally, YANKCOM Partnership bought a new position in Johnson Controls International during the 4th quarter valued at about $34,000. Institutional investors own 90.05% of the company’s stock.
Johnson Controls International Stock Performance
Johnson Controls International stock opened at $145.06 on Thursday. 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 company has a market capitalization of $88.51 billion, a PE ratio of 25.95, a P/E/G ratio of 1.57 and a beta of 1.30. The company has a 50 day moving average price of $141.95 and a 200-day moving average price of $133.47. Johnson Controls International plc has a fifty-two week low of $102.09 and a fifty-two week high of $151.18.
Johnson Controls International Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date is Monday, June 15th. Johnson Controls International’s dividend payout ratio is presently 28.62%.
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on the stock. Wells Fargo & Company increased their price objective on shares of Johnson Controls International from $145.00 to $160.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Wolfe Research reaffirmed an “outperform” rating and set a $171.00 target price on shares of Johnson Controls International in a research note on Wednesday, June 3rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Johnson Controls International in a report on Tuesday, June 9th. Oppenheimer reissued a “market perform” rating on shares of Johnson Controls International in a research note on Tuesday, June 2nd. Finally, HSBC boosted their price objective on Johnson Controls International from $127.00 to $136.00 in a report on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $152.85.
Insider Transactions at Johnson Controls International
In other Johnson Controls International news, VP Todd M. Grabowski sold 1,800 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $146.20, for a total transaction of $263,160.00. Following the transaction, the vice president owned 26,215 shares of the company’s stock, valued at approximately $3,832,633. This trade represents a 6.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Lei Zhang Schlitz sold 88,809 shares of the business’s stock in a transaction dated 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 completion of the sale, the vice president owned 57,059 shares of the company’s stock, valued at approximately $8,044,748.41. This represents a 60.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.29% of the company’s stock.
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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