Johnson Controls International plc $JCI Shares Sold by Bollard Group LLC

Bollard Group LLC trimmed its position in Johnson Controls International plc (NYSE:JCI) by 45.4% during the first quarter, Holdings Channel.com reports. The firm owned 5,715 shares of the company’s stock after selling 4,746 shares during the period. Bollard Group LLC’s holdings in Johnson Controls International were worth $748,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Maseco LLP boosted its holdings in shares of Johnson Controls International by 102.9% during the fourth quarter. Maseco LLP now owns 211 shares of the company’s stock worth $25,000 after purchasing an additional 107 shares during the last quarter. Mcguire Capital Advisors Inc. purchased a new stake in Johnson Controls International in the 4th quarter valued at about $27,000. Twin Tree Management LP increased its stake in shares of Johnson Controls International by 140.9% during the 4th quarter. Twin Tree Management LP now owns 260 shares of the company’s stock valued at $31,000 after acquiring an additional 895 shares during the last quarter. YANKCOM Partnership purchased a new stake in Johnson Controls International in the fourth quarter valued at approximately $34,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in Johnson Controls International in the fourth quarter valued at approximately $38,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International Stock Up 0.0%

Shares of JCI opened at $143.35 on Friday. Johnson Controls International plc has a 52 week low of $102.09 and a 52 week high of $151.18. The firm has a market capitalization of $87.46 billion, a P/E ratio of 25.64, a P/E/G ratio of 1.54 and a beta of 1.31. The company has a 50-day simple moving average of $141.84 and a 200-day simple moving average of $136.02. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.85 and a current ratio of 1.04.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Tuesday, March 31st. The company reported $1.19 earnings per share (EPS) for the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%.The business had revenue of $6.14 billion for the quarter. On average, equities research analysts expect that Johnson Controls International plc will post 4.9 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Monday, June 15th were paid a $0.40 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. Johnson Controls International’s dividend payout ratio (DPR) is presently 28.62%.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 88,809 shares of the business’s 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 completion of the transaction, the vice president directly owned 57,059 shares of the company’s stock, valued at approximately $8,044,748.41. The trade was a 60.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 directly 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 SEC filing for this sale provides additional information. Corporate insiders own 0.29% of the company’s stock.

Wall Street Analyst Weigh In

JCI has been the topic of several research reports. Wall Street Zen upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating in a report on Sunday, May 3rd. Sanford C. Bernstein initiated coverage on Johnson Controls International in a research report on Tuesday, June 9th. They set an “outperform” rating and a $176.00 price target on the stock. The Goldman Sachs Group increased their price objective on shares of Johnson Controls International from $169.00 to $178.00 and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. Robert W. Baird upped their target price on Johnson Controls International from $132.00 to $148.00 and gave the company a “neutral” rating in a report on Monday, April 27th. Finally, Evercore assumed coverage on Johnson Controls International in a research note on Monday, April 13th. They issued a “hold” rating and a $155.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus 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.