Johnson Controls International PLC (JCI) Holdings Raised by Smith Salley & Associates

Smith Salley & Associates raised its holdings in Johnson Controls International PLC (NYSE:JCI) by 4.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 199,819 shares of the auto parts company’s stock after acquiring an additional 8,924 shares during the quarter. Smith Salley & Associates’ holdings in Johnson Controls International were worth $6,994,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. State of Alaska Department of Revenue raised its stake in shares of Johnson Controls International by 27.0% during the 2nd quarter. State of Alaska Department of Revenue now owns 148,268 shares of the auto parts company’s stock worth $4,957,000 after buying an additional 31,496 shares during the last quarter. Pennsylvania Trust Co raised its stake in shares of Johnson Controls International by 3.0% during the 2nd quarter. Pennsylvania Trust Co now owns 61,976 shares of the auto parts company’s stock worth $2,073,000 after buying an additional 1,825 shares during the last quarter. Gateway Investment Advisers LLC acquired a new position in shares of Johnson Controls International during the 2nd quarter worth $15,296,000. Manning & Napier Group LLC acquired a new position in shares of Johnson Controls International during the 2nd quarter worth $4,702,000. Finally, Atria Investments LLC raised its stake in shares of 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 worth $786,000 after buying an additional 1,575 shares during the last quarter. 92.83% of the stock is owned by institutional investors.

Several research firms have recently issued reports on JCI. Wells Fargo & Co cut their price target on Johnson Controls International from $41.00 to $38.00 and set a “market perform” rating for the company in a research note on Friday, September 28th. Royal Bank of Canada reaffirmed a “sell” rating and set a $34.00 price target on shares of Johnson Controls International in a research note on Wednesday, August 1st. UBS Group downgraded Johnson Controls International from a “buy” rating to a “neutral” rating and cut their price target for the stock from $44.00 to $40.00 in a research note on Tuesday, September 11th. Citigroup lifted their price target on Johnson Controls International from $45.00 to $46.00 and gave the stock a “buy” rating in a research note on Thursday, August 2nd. Finally, Zacks Investment Research raised Johnson Controls International from a “sell” rating to a “hold” rating in a research note on Thursday, August 2nd. Four analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $40.29.

Johnson Controls International stock opened at $34.35 on Friday. The stock has a market cap of $30.89 billion, a P/E ratio of 12.15, a P/E/G ratio of 1.01 and a beta of 0.87. Johnson Controls International PLC has a 52 week low of $30.60 and a 52 week high of $41.53. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.10 and a quick ratio of 0.79.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Thursday, November 8th. The auto parts company reported $0.93 EPS for the quarter, hitting analysts’ consensus estimates of $0.93. The firm had revenue of $8.37 billion during 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% compared to the same quarter last year. During the same quarter last year, the business posted $0.87 EPS. As a group, sell-side analysts forecast that Johnson Controls International PLC will post 2.97 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 12th. Investors of record on Monday, September 24th were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date was Friday, September 21st.

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Johnson Controls International Company Profile

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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Institutional Ownership by Quarter for Johnson Controls International (NYSE:JCI)

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