Johnson Controls International PLC (JCI) Shares Bought by Clifford Swan Investment Counsel LLC

Clifford Swan Investment Counsel LLC raised its holdings in shares of Johnson Controls International PLC (NYSE:JCI) by 15.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 247,784 shares of the auto parts company’s stock after buying an additional 33,094 shares during the quarter. Clifford Swan Investment Counsel LLC’s holdings in Johnson Controls International were worth $8,732,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of JCI. Waters Parkerson & CO. LLC raised its stake in shares of Johnson Controls International by 0.9% in the first quarter. Waters Parkerson & CO. LLC now owns 445,123 shares of the auto parts company’s stock valued at $15,686,000 after purchasing an additional 3,979 shares in the last quarter. Teacher Retirement System of Texas raised its stake in shares of Johnson Controls International by 84.3% in the first quarter. Teacher Retirement System of Texas now owns 544,549 shares of the auto parts company’s stock valued at $19,190,000 after purchasing an additional 249,041 shares in the last quarter. Timber Hill LLC acquired a new position in shares of Johnson Controls International in the first quarter valued at $453,000. Skba Capital Management LLC raised its stake in shares of Johnson Controls International by 34.9% in the first quarter. Skba Capital Management LLC now owns 405,121 shares of the auto parts company’s stock valued at $14,276,000 after purchasing an additional 104,900 shares in the last quarter. Finally, Buckley Wealth Management LLC raised its stake in shares of Johnson Controls International by 12.5% in the first quarter. Buckley Wealth Management LLC now owns 19,033 shares of the auto parts company’s stock valued at $671,000 after purchasing an additional 2,110 shares in the last quarter. Institutional investors own 90.98% of the company’s stock.

Johnson Controls International stock opened at $36.42 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.12 and a quick ratio of 0.79. Johnson Controls International PLC has a 52-week low of $36.13 and a 52-week high of $36.62. The firm has a market cap of $33.79 billion, a price-to-earnings ratio of 14.01, a P/E/G ratio of 1.18 and a beta of 0.87.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Tuesday, May 1st. The auto parts company reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.01. Johnson Controls International had a return on equity of 11.60% and a net margin of 6.83%. The firm had revenue of $7.48 billion during the quarter, compared to analyst estimates of $7.43 billion. During the same period in the prior year, the company posted $0.50 earnings per share. The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. equities analysts anticipate that Johnson Controls International PLC will post 2.81 EPS for the current fiscal year.

A number of brokerages recently commented on JCI. Zacks Investment Research upgraded Johnson Controls International from a “sell” rating to a “hold” rating in a research note on Thursday, May 3rd. ValuEngine lowered Johnson Controls International from a “hold” rating to a “sell” rating in a research note on Wednesday, May 2nd. Cowen restated a “hold” rating and issued a $36.00 target price on shares of Johnson Controls International in a research note on Tuesday, May 1st. Robert W. Baird restated a “hold” rating and issued a $38.00 target price on shares of Johnson Controls International in a research note on Thursday, April 19th. Finally, Royal Bank of Canada lowered Johnson Controls International from a “sector perform” rating to an “underperform” rating in a research note on Thursday, April 5th. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company. Johnson Controls International presently has a consensus rating of “Hold” and an average target price of $44.42.

In other news, insider Rodney M. Rushing sold 8,148 shares of the stock in a transaction on Monday, May 14th. The stock was sold at an average price of $36.55, for a total transaction of $297,809.40. Following the sale, the insider now owns 31,999 shares in the company, valued at $1,169,563.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Rodney M. Rushing sold 14,199 shares of the stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $37.88, for a total value of $537,858.12. Following the sale, the insider now owns 39,847 shares in the company, valued at approximately $1,509,404.36. The disclosure for this sale can be found here. Corporate insiders own 0.43% of the company’s stock.

About Johnson Controls International

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Building Technologies & Solutions and Power Solutions segments. It designs, sells, controls, installs heating, ventilating, and air conditioning systems. The company also provides residential air conditioning and heating systems, and industrial refrigeration products, as well as technical and energy management consulting services.

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

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