D.A. Davidson & CO. Raises Holdings in Johnson Controls International plc Ordinary Share (NYSE:JCI)

D.A. Davidson & CO. grew its stake in Johnson Controls International plc Ordinary Share (NYSE:JCI) by 48.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 278,094 shares of the auto parts company’s stock after acquiring an additional 90,995 shares during the quarter. D.A. Davidson & CO.’s holdings in Johnson Controls International plc Ordinary Share were worth $11,204,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of JCI. Bessemer Group Inc. lifted its position in Johnson Controls International plc Ordinary Share by 5.5% during the 2nd quarter. Bessemer Group Inc. now owns 2,550 shares of the auto parts company’s stock worth $110,000 after acquiring an additional 133 shares during the period. Perigon Wealth Management LLC lifted its holdings in shares of Johnson Controls International plc Ordinary Share by 171.7% in the 2nd quarter. Perigon Wealth Management LLC now owns 2,663 shares of the auto parts company’s stock valued at $116,000 after buying an additional 1,683 shares during the period. Harfst & Associates Inc. lifted its holdings in shares of Johnson Controls International plc Ordinary Share by 16.9% in the 2nd quarter. Harfst & Associates Inc. now owns 2,691 shares of the auto parts company’s stock valued at $116,000 after buying an additional 389 shares during the period. Grove Bank & Trust lifted its holdings in shares of Johnson Controls International plc Ordinary Share by 57.7% in the 2nd quarter. Grove Bank & Trust now owns 2,693 shares of the auto parts company’s stock valued at $117,000 after buying an additional 985 shares during the period. Finally, Bbva Compass Bancshares Inc. lifted its holdings in shares of Johnson Controls International plc Ordinary Share by 4.2% in the 2nd quarter. Bbva Compass Bancshares Inc. now owns 3,714 shares of the auto parts company’s stock valued at $161,000 after buying an additional 150 shares during the period. 89.92% of the stock is owned by hedge funds and other institutional investors.

JCI has been the subject of several recent analyst reports. BidaskClub lowered Johnson Controls International plc Ordinary Share from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th. Zacks Investment Research upgraded Johnson Controls International plc Ordinary Share from a “sell” rating to a “hold” rating in a research note on Monday, September 11th. UBS lowered Johnson Controls International plc Ordinary Share from a “positive” rating to a “neutral” rating in a research note on Wednesday, November 15th. Oppenheimer reiterated a “buy” rating and set a $50.00 price objective (down from $52.00) on shares of Johnson Controls International plc Ordinary Share in a research note on Tuesday, October 31st. Finally, Cowen restated a “buy” rating and issued a $48.00 price target on shares of Johnson Controls International plc Ordinary Share in a research report on Wednesday, September 27th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $47.79.

Johnson Controls International plc Ordinary Share (NYSE:JCI) opened at $37.36 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.77 and a current ratio of 1.04. Johnson Controls International plc Ordinary Share has a 52 week low of $34.51 and a 52 week high of $44.70. The company has a market capitalization of $34,361.40, a price-to-earnings ratio of 14.23, a price-to-earnings-growth ratio of 1.00 and a beta of 0.90.

Johnson Controls International plc Ordinary Share (NYSE:JCI) last released its quarterly earnings results on Thursday, November 9th. The auto parts company reported $0.87 EPS for the quarter, hitting analysts’ consensus estimates of $0.87. Johnson Controls International plc Ordinary Share had a return on equity of 11.91% and a net margin of 6.32%. The company had revenue of $8.14 billion for the quarter, compared to analysts’ expectations of $8.10 billion. During the same period in the prior year, the firm earned $1.21 earnings per share. The firm’s revenue was up 30.1% compared to the same quarter last year. sell-side analysts predict that Johnson Controls International plc Ordinary Share will post 2.8 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Monday, December 18th will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 2.78%. This is a boost from Johnson Controls International plc Ordinary Share’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Friday, December 15th. Johnson Controls International plc Ordinary Share’s dividend payout ratio is 49.26%.

In other news, VP Jeffrey M. Williams sold 1,955 shares of the company’s stock in a transaction on Wednesday, October 11th. The stock was sold at an average price of $41.43, for a total transaction of $80,995.65. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO George Oliver bought 27,300 shares of the company’s stock in a transaction that occurred on Friday, November 24th. The stock was acquired at an average cost of $36.80 per share, for a total transaction of $1,004,640.00. Following the acquisition, the chief executive officer now directly owns 634,732 shares of the company’s stock, valued at $23,358,137.60. The disclosure for this purchase can be found here. 0.48% of the stock is owned by corporate insiders.

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Johnson Controls International plc Ordinary Share Profile

Johnson Controls, Inc is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions.

Institutional Ownership by Quarter for Johnson Controls International plc Ordinary Share (NYSE:JCI)

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