Johnson Controls International plc $JCI Shares Purchased by Andra AP fonden

Andra AP fonden raised its stake in Johnson Controls International plc (NYSE:JCI) by 192.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 147,076 shares of the company’s stock after purchasing an additional 96,813 shares during the quarter. Andra AP fonden’s holdings in Johnson Controls International were worth $19,260,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. State Street Corp boosted its position in shares of Johnson Controls International by 0.6% in the third quarter. State Street Corp now owns 28,684,645 shares of the company’s stock worth $3,165,286,000 after buying an additional 163,167 shares during the period. Franklin Resources Inc. raised 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 during the period. Fisher Asset Management LLC lifted its position in 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 worth $2,064,485,000 after acquiring an additional 280,704 shares in the last quarter. Invesco Ltd. lifted its position in Johnson Controls International by 13.0% during the 4th quarter. Invesco Ltd. now owns 16,003,486 shares of the company’s stock worth $1,916,417,000 after acquiring an additional 1,837,220 shares in the last quarter. Finally, Norges Bank purchased a new position in Johnson Controls International in the 4th quarter worth approximately $927,739,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Oppenheimer reaffirmed a “market perform” rating on shares of Johnson Controls International in a research report on Tuesday, June 2nd. HSBC boosted their target price on shares of Johnson Controls International from $127.00 to $136.00 in a research report on Thursday, May 7th. Weiss Ratings restated a “buy (b)” rating on shares of Johnson Controls International in a research note on Tuesday, June 9th. Wall Street Zen raised shares of Johnson Controls International from a “hold” rating to a “buy” rating in a report on Sunday, May 3rd. Finally, JPMorgan Chase & Co. lifted their price target on shares of Johnson Controls International from $158.00 to $162.00 in a research note on Thursday, May 7th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $152.85.

Johnson Controls International Stock Performance

Shares of JCI opened at $139.43 on Tuesday. The business’s 50 day moving average is $141.88 and its two-hundred day moving average is $135.51. 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 cap of $85.07 billion, a price-to-earnings ratio of 24.94, a PEG ratio of 1.51 and a beta of 1.31. The company has a quick ratio of 0.85, a current ratio of 1.04 and a debt-to-equity ratio of 0.64.

Johnson Controls International (NYSE:JCI) last released its earnings results on Tuesday, March 31st. The company reported $1.19 EPS for the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%.The company had revenue of $6.14 billion during the quarter. Analysts forecast that Johnson Controls International plc will post 4.9 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

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

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Todd M. Grabowski sold 1,800 shares of the firm’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $146.20, for a total transaction of $263,160.00. Following the completion of the transaction, the vice president directly owned 26,215 shares of the company’s stock, valued at $3,832,633. This trade represents a 6.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 transaction of $12,521,180.91. Following the completion of the sale, the vice president directly owned 57,059 shares of the company’s stock, valued at $8,044,748.41. The trade was a 60.88% decrease in their position. The SEC filing for this sale provides additional information. 0.29% of the stock is owned by company insiders.

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.