TD Waterhouse Canada Inc. Increases Stock Holdings in Johnson Controls International plc $JCI

TD Waterhouse Canada Inc. increased its position in Johnson Controls International plc (NYSE:JCI) by 18.0% in the second quarter, Holdings Channel.com reports. The fund owned 124,880 shares of the company’s stock after acquiring an additional 19,088 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Johnson Controls International were worth $18,090,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Mcguire Capital Advisors Inc. bought a new position in Johnson Controls International in the 4th quarter valued at $27,000. Twin Tree Management LP increased its holdings in shares of Johnson Controls International by 140.9% in the fourth quarter. Twin Tree Management LP now owns 260 shares of the company’s stock worth $31,000 after purchasing an additional 895 shares during the period. Fourth Dimension Wealth LLC increased its holdings in shares of Johnson Controls International by 51.3% in the second quarter. Fourth Dimension Wealth LLC now owns 230 shares of the company’s stock worth $34,000 after purchasing an additional 78 shares during the period. First Bancorp Inc ME purchased a new stake in shares of Johnson Controls International in the second quarter worth $34,000. Finally, SJS Investment Consulting Inc. raised its position in shares of Johnson Controls International by 747.1% in the first quarter. SJS Investment Consulting Inc. now owns 288 shares of the company’s stock worth $38,000 after buying an additional 254 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Trading Up 1.9%

Shares of JCI stock opened at $144.87 on Friday. The stock has a market capitalization of $87.75 billion, a PE ratio of 25.19, a P/E/G ratio of 1.37 and a beta of 1.29. Johnson Controls International plc has a 1-year low of $104.03 and a 1-year high of $157.06. The business has a 50-day moving average of $144.69 and a 200 day moving average of $141.29. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.00 and a quick ratio of 0.83.

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

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, VP Lei Schlitz sold 23,417 shares of the firm’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 sale, the vice president directly owned 15,017 shares in the company, valued at $2,298,652.19. This trade represents a 60.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Todd M. Grabowski sold 1,800 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $146.20, for a total value of $263,160.00. Following the sale, the vice president directly owned 26,215 shares in the company, valued at approximately $3,832,633. The trade was a 6.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.29% of the company’s stock.

Wall Street Analyst Weigh In

JCI has been the subject of several recent analyst reports. Zacks Research cut Johnson Controls International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. Morgan Stanley raised their price target on Johnson Controls International from $175.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday. Wall Street Zen downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Oppenheimer reissued a “market perform” rating on shares of Johnson Controls International in a report on Tuesday, June 2nd. Finally, Wolfe Research restated an “outperform” rating and issued a $171.00 price objective on shares of Johnson Controls International in a research report on Wednesday, June 3rd. Twelve 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 stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $155.75.

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.