Epoch Investment Partners Inc. Invests $15.03 Million in Johnson Controls International plc $JCI

Epoch Investment Partners Inc. bought a new position in Johnson Controls International plc (NYSE:JCI) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 125,529 shares of the company’s stock, valued at approximately $15,032,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. UMB Bank n.a. lifted its holdings in shares of Johnson Controls International by 2.5% in the fourth quarter. UMB Bank n.a. now owns 3,261 shares of the company’s stock worth $391,000 after acquiring an additional 79 shares during the last quarter. Lcnb Corp lifted its holdings in shares of Johnson Controls International by 4.0% in the fourth quarter. Lcnb Corp now owns 2,094 shares of the company’s stock worth $251,000 after acquiring an additional 81 shares during the last quarter. Catalyst Financial Partners LLC lifted its holdings in shares of Johnson Controls International by 2.5% in the third quarter. Catalyst Financial Partners LLC now owns 3,398 shares of the company’s stock worth $374,000 after acquiring an additional 84 shares during the last quarter. Millstone Evans Group LLC lifted its holdings in shares of Johnson Controls International by 2.6% in the fourth quarter. Millstone Evans Group LLC now owns 3,427 shares of the company’s stock worth $410,000 after acquiring an additional 87 shares during the last quarter. Finally, apricus wealth LLC lifted its holdings in shares of Johnson Controls International by 3.1% in the fourth quarter. apricus wealth LLC now owns 2,946 shares of the company’s stock worth $353,000 after acquiring an additional 89 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Down 0.1%

Shares of NYSE JCI opened at $144.83 on Monday. The company has a 50 day simple moving average of $140.40 and a 200 day simple moving average of $130.85. The firm has a market cap of $88.36 billion, a PE ratio of 25.91, a price-to-earnings-growth ratio of 1.57 and a beta of 1.33. Johnson Controls International plc has a 1 year low of $100.86 and a 1 year high of $149.10. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.04 and a quick ratio of 0.85.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings data on Tuesday, March 31st. The company reported $1.19 earnings per share (EPS) for the quarter. The business had revenue of $6.14 billion during the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. On average, research analysts forecast that Johnson Controls International plc will post 4.86 EPS for the current year.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.40 per share. The ex-dividend date is Monday, June 15th. This represents a $1.60 annualized dividend and a yield of 1.1%. Johnson Controls International’s dividend payout ratio (DPR) is presently 28.62%.

Insider Activity 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 that occurred on Friday, May 8th. The shares were sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the completion of the transaction, the vice president owned 57,059 shares in the company, valued at approximately $8,044,748.41. This trade represents a 60.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Todd M. Grabowski sold 1,800 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total transaction of $263,160.00. Following the transaction, the vice president owned 26,215 shares of the company’s stock, valued at approximately $3,832,633. The trade was a 6.43% decrease in their position. The SEC filing for this sale provides additional information. 0.29% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on JCI. Robert W. Baird increased their target price on shares of Johnson Controls International from $132.00 to $148.00 and gave the stock a “neutral” rating in a report on Monday, April 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of Johnson Controls International in a report on Tuesday, June 9th. Oppenheimer reiterated a “market perform” rating on shares of Johnson Controls International in a report on Tuesday, June 2nd. Wall Street Zen upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating in a report on Sunday, May 3rd. Finally, Barclays raised their price objective on shares of Johnson Controls International from $136.00 to $144.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Johnson Controls International has an average rating of “Moderate Buy” and an average price target of $152.85.

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.