Genus Capital Management Inc. Takes Position in Johnson Controls International plc $JCI

Genus Capital Management Inc. acquired a new stake in shares of Johnson Controls International plc (NYSE:JCI) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 25,145 shares of the company’s stock, valued at approximately $3,011,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. State Street Corp raised its position in shares of Johnson Controls International by 0.6% during the 3rd quarter. State Street Corp now owns 28,684,645 shares of the company’s stock valued at $3,165,286,000 after buying an additional 163,167 shares in the last quarter. Fisher Asset Management LLC raised its position in shares of Johnson Controls International by 2.1% during the 3rd quarter. Fisher Asset Management LLC now owns 16,959,249 shares of the company’s stock valued at $1,864,670,000 after buying an additional 354,266 shares in the last quarter. Capital World Investors raised its position in shares of Johnson Controls International by 0.3% during the 3rd quarter. Capital World Investors now owns 7,535,476 shares of the company’s stock valued at $828,526,000 after buying an additional 19,550 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Johnson Controls International by 1.1% during the 3rd quarter. Northern Trust Corp now owns 6,907,287 shares of the company’s stock valued at $759,456,000 after purchasing an additional 72,917 shares during the last quarter. Finally, Viking Global Investors LP grew its holdings in shares of Johnson Controls International by 368.5% during the 3rd quarter. Viking Global Investors LP now owns 6,796,942 shares of the company’s stock valued at $747,324,000 after purchasing an additional 5,346,130 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Wall Street Zen raised shares of Johnson Controls International from a “hold” rating to a “buy” rating in a report on Sunday, May 3rd. Royal Bank Of Canada increased their target price on shares of Johnson Controls International from $139.00 to $154.00 and gave the company a “sector perform” rating in a report on Thursday, May 7th. Evercore assumed coverage on shares of Johnson Controls International in a report on Monday, April 13th. They set a “hold” rating and a $155.00 target price on the stock. JPMorgan Chase & Co. increased their target price on shares of Johnson Controls International from $158.00 to $162.00 in a report on Thursday, May 7th. Finally, Wolfe Research reduced their target price on shares of Johnson Controls International from $161.00 to $160.00 and set an “outperform” rating on the stock in a report on Wednesday, April 8th. Eleven investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $147.63.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 88,809 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $140.99, for a total value of $12,521,180.91. Following the sale, the vice president owned 57,059 shares of the company’s stock, valued at $8,044,748.41. This trade represents a 60.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.29% of the stock is currently owned by company insiders.

Johnson Controls International Price Performance

Shares of Johnson Controls International stock opened at $138.51 on Monday. The firm has a market cap of $84.51 billion, a PE ratio of 24.78, a price-to-earnings-growth ratio of 1.52 and a beta of 1.37. Johnson Controls International plc has a 12-month low of $96.31 and a 12-month high of $147.32. The company has a quick ratio of 0.85, a current ratio of 1.04 and a debt-to-equity ratio of 0.64. The company’s fifty day simple moving average is $137.64 and its two-hundred day simple moving average is $128.35.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings results on Tuesday, March 31st. The company reported $1.19 earnings per share (EPS) for the quarter. The business had revenue of $6.14 billion for the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. As a group, equities analysts expect that Johnson Controls International plc will post 4.87 EPS for the current year.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 16th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Monday, March 16th. Johnson Controls International’s dividend payout ratio (DPR) is 28.62%.

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.