Barclays PLC Sells 1,324,662 Shares of Johnson Controls International plc $JCI

Barclays PLC lowered its stake in Johnson Controls International plc (NYSE:JCI) by 31.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,869,236 shares of the company’s stock after selling 1,324,662 shares during the period. Barclays PLC’s holdings in Johnson Controls International were worth $343,591,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. State Street Corp boosted its holdings in Johnson Controls International by 0.6% in the third quarter. State Street Corp now owns 28,684,645 shares of the company’s stock valued at $3,165,286,000 after acquiring an additional 163,167 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of Johnson Controls International by 3.3% during the 4th quarter. Franklin Resources Inc. now owns 22,655,105 shares of the company’s stock valued at $2,712,949,000 after buying an additional 718,245 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Johnson Controls International by 1.7% during the 4th quarter. Fisher Asset Management LLC now owns 17,239,953 shares of the company’s stock valued at $2,064,485,000 after buying an additional 280,704 shares in the last quarter. Norges Bank bought a new stake in shares of Johnson Controls International during the 4th quarter valued at $927,739,000. Finally, Capital World Investors boosted its holdings 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. Institutional investors own 90.05% of the company’s stock.

Insider Buying and Selling

In other news, VP Todd M. Grabowski sold 1,800 shares of the company’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total value of $263,160.00. Following the completion of the transaction, the vice president owned 26,215 shares of the company’s stock, valued at $3,832,633. This represents a 6.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Lei Zhang Schlitz sold 88,809 shares of the stock in a transaction dated Friday, May 8th. The stock was 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 represents a 60.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.29% of the company’s stock.

Johnson Controls International Price Performance

JCI opened at $144.83 on Monday. 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 stock has a market capitalization of $88.36 billion, a P/E ratio of 25.91, a P/E/G ratio of 1.57 and a beta of 1.33. The company’s 50-day simple moving average is $140.40 and its two-hundred day simple moving average is $130.85. Johnson Controls International plc has a 52-week low of $100.86 and a 52-week high of $149.10.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Tuesday, March 31st. The company reported $1.19 EPS for the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. The firm had revenue of $6.14 billion during the quarter. As a group, analysts predict that Johnson Controls International plc will post 4.86 EPS for the current year.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 15th will be paid a dividend of $0.40 per share. The ex-dividend date is Monday, June 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. Johnson Controls International’s payout ratio is 28.62%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on JCI shares. Weiss Ratings restated a “buy (b)” rating on shares of Johnson Controls International in a report on Tuesday, June 9th. Mizuho lifted their price target on Johnson Controls International from $130.00 to $140.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. UBS Group lifted their price target on Johnson Controls International from $170.00 to $180.00 and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. The Goldman Sachs Group lifted their price target on Johnson Controls International from $169.00 to $178.00 and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $171.00 price target on shares of Johnson Controls International in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Johnson Controls International presently has an average rating of “Moderate Buy” and an average price target of $152.85.

Johnson Controls International 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.