Johnson Controls International plc (NYSE:JCI) Shares Purchased by ING Groep NV

ING Groep NV raised its holdings in shares of Johnson Controls International plc (NYSE:JCIFree Report) by 2.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 274,138 shares of the company’s stock after purchasing an additional 7,730 shares during the period. ING Groep NV’s holdings in Johnson Controls International were worth $15,801,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of JCI. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Johnson Controls International during the 4th quarter valued at about $25,000. EdgeRock Capital LLC bought a new position in shares of Johnson Controls International during the fourth quarter valued at approximately $27,000. NBC Securities Inc. acquired a new stake in shares of Johnson Controls International during the 3rd quarter worth approximately $26,000. Hexagon Capital Partners LLC lifted its holdings in shares of Johnson Controls International by 114.0% in the 4th quarter. Hexagon Capital Partners LLC now owns 503 shares of the company’s stock worth $29,000 after purchasing an additional 268 shares during the last quarter. Finally, Headinvest LLC acquired a new position in Johnson Controls International during the 3rd quarter valued at approximately $30,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

JCI has been the topic of several analyst reports. Wells Fargo & Company increased their target price on Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Citigroup lifted their price objective on shares of Johnson Controls International from $59.00 to $68.00 and gave the company a “neutral” rating in a research report on Monday, April 8th. StockNews.com cut shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Thursday, January 25th. Melius Research reaffirmed a “hold” rating on shares of Johnson Controls International in a report on Tuesday, January 30th. Finally, Oppenheimer decreased their price objective on Johnson Controls International from $71.00 to $70.00 and set an “outperform” rating for the company in a report on Thursday, May 2nd. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $63.00.

Read Our Latest Stock Report on JCI

Johnson Controls International Price Performance

Shares of Johnson Controls International stock traded up $0.75 during trading on Friday, hitting $69.02. The stock had a trading volume of 5,002,949 shares, compared to its average volume of 5,833,211. The business has a fifty day moving average of $64.54 and a two-hundred day moving average of $58.47. Johnson Controls International plc has a fifty-two week low of $47.90 and a fifty-two week high of $70.43. The firm has a market cap of $46.50 billion, a P/E ratio of 27.94, a PEG ratio of 1.76 and a beta of 1.23. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.87 and a quick ratio of 0.65.

Johnson Controls International (NYSE:JCIGet Free Report) last issued its quarterly earnings results on Wednesday, May 1st. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.75 by $0.03. Johnson Controls International had a net margin of 6.32% and a return on equity of 13.21%. The firm had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $7.51 billion. During the same period in the previous year, the business earned $0.75 earnings per share. Johnson Controls International’s revenue for the quarter was down 6.1% compared to the same quarter last year. On average, sell-side analysts expect that Johnson Controls International plc will post 3.59 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Monday, March 25th were given a $0.37 dividend. The ex-dividend date was Friday, March 22nd. This represents a $1.48 annualized dividend and a yield of 2.14%. Johnson Controls International’s dividend payout ratio (DPR) is 59.92%.

Insiders Place Their Bets

In other news, VP Daniel C. Mcconeghy sold 9,342 shares of the business’s stock in a transaction on Friday, May 10th. The stock was sold at an average price of $65.50, for a total transaction of $611,901.00. Following the sale, the vice president now directly owns 25,378 shares of the company’s stock, valued at $1,662,259. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Juergen Tinggren sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $62.31, for a total value of $249,240.00. Following the completion of the transaction, the director now owns 30,120 shares of the company’s stock, valued at approximately $1,876,777.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Daniel C. Mcconeghy sold 9,342 shares of Johnson Controls International stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $65.50, for a total transaction of $611,901.00. Following the transaction, the vice president now owns 25,378 shares in the company, valued at $1,662,259. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 17,272 shares of company stock worth $1,108,229. 0.69% of the stock is owned by insiders.

About Johnson Controls International

(Free Report)

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.

Read More

Want to see what other hedge funds are holding JCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Johnson Controls International plc (NYSE:JCIFree Report).

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

Receive News & Ratings for Johnson Controls International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Controls International and related companies with MarketBeat.com's FREE daily email newsletter.