Janney Montgomery Scott LLC raised its position in shares of Johnson Controls International PLC (NYSE:JCI) by 11.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 415,389 shares of the auto parts company’s stock after acquiring an additional 41,449 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Johnson Controls International were worth $14,539,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the business. Atria Investments LLC boosted its position in Johnson Controls International by 7.2% during the 2nd quarter. Atria Investments LLC now owns 23,502 shares of the auto parts company’s stock valued at $786,000 after acquiring an additional 1,575 shares in the last quarter. Creative Planning boosted its position in shares of Johnson Controls International by 3.9% in the 3rd quarter. Creative Planning now owns 45,394 shares of the auto parts company’s stock worth $1,589,000 after purchasing an additional 1,688 shares in the last quarter. Busey Trust CO boosted its position in shares of Johnson Controls International by 1.9% in the 3rd quarter. Busey Trust CO now owns 91,284 shares of the auto parts company’s stock worth $3,195,000 after purchasing an additional 1,724 shares in the last quarter. Wetherby Asset Management Inc. boosted its position in shares of Johnson Controls International by 12.9% in the 2nd quarter. Wetherby Asset Management Inc. now owns 15,181 shares of the auto parts company’s stock worth $508,000 after purchasing an additional 1,732 shares in the last quarter. Finally, Sigma Planning Corp boosted its position in shares of Johnson Controls International by 9.6% in the 2nd quarter. Sigma Planning Corp now owns 20,685 shares of the auto parts company’s stock worth $692,000 after purchasing an additional 1,820 shares in the last quarter. 92.83% of the stock is currently owned by institutional investors and hedge funds.
JCI has been the topic of a number of analyst reports. Barclays boosted their price target on Johnson Controls International from $38.00 to $39.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 1st. Credit Suisse Group initiated coverage on Johnson Controls International in a research report on Friday, October 12th. They issued a “neutral” rating and a $37.00 price target on the stock. TheStreet raised Johnson Controls International from a “c+” rating to a “b-” rating in a research report on Friday, August 24th. Morgan Stanley set a $35.00 price target on Johnson Controls International and gave the stock a “hold” rating in a research report on Friday, November 2nd. Finally, Argus raised Johnson Controls International from a “hold” rating to a “buy” rating in a research report on Tuesday, August 21st. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $40.29.
JCI stock opened at $34.35 on Friday. The company has a market capitalization of $30.89 billion, a P/E ratio of 12.15, a price-to-earnings-growth ratio of 1.01 and a beta of 0.87. Johnson Controls International PLC has a 12-month low of $30.60 and a 12-month high of $41.53. The company has a current ratio of 1.10, a quick ratio of 0.79 and a debt-to-equity ratio of 0.48.
Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Thursday, November 8th. The auto parts company reported $0.93 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.93. The business had revenue of $8.37 billion for the quarter, compared to analysts’ expectations of $8.28 billion. Johnson Controls International had a return on equity of 11.84% and a net margin of 7.27%. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.87 EPS. As a group, analysts forecast that Johnson Controls International PLC will post 2.97 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 12th. Investors of record on Monday, September 24th were given a $0.26 dividend. The ex-dividend date of this dividend was Friday, September 21st. This represents a $1.04 annualized dividend and a yield of 3.03%.
About Johnson Controls International
Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Building Technologies & Solutions and Power Solutions segments. It designs, sells, controls, installs heating, ventilating, and air conditioning systems. The company also provides residential air conditioning and heating systems, and industrial refrigeration products, as well as technical and energy management consulting services.
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