Johnson Controls International plc $JCI Stake Reduced by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund reduced its stake in shares of Johnson Controls International plc (NYSE:JCI) by 6.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,905 shares of the company’s stock after selling 4,900 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Johnson Controls International were worth $8,371,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in JCI. Catalyst Financial Partners LLC grew its stake in shares of Johnson Controls International by 2.5% in the third quarter. Catalyst Financial Partners LLC now owns 3,398 shares of the company’s stock worth $374,000 after purchasing an additional 84 shares in the last quarter. Millstone Evans Group LLC grew its stake in shares of Johnson Controls International by 2.6% in the fourth quarter. Millstone Evans Group LLC now owns 3,427 shares of the company’s stock worth $410,000 after purchasing an additional 87 shares in the last quarter. apricus wealth LLC grew its stake in shares of Johnson Controls International by 3.1% in the fourth quarter. apricus wealth LLC now owns 2,946 shares of the company’s stock worth $353,000 after purchasing an additional 89 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of Johnson Controls International by 12.6% in the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 860 shares of the company’s stock worth $95,000 after purchasing an additional 96 shares in the last quarter. Finally, MainStreet Investment Advisors LLC grew its stake in shares of Johnson Controls International by 4.7% in the third quarter. MainStreet Investment Advisors LLC now owns 2,230 shares of the company’s stock worth $245,000 after purchasing an additional 100 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Johnson Controls International

In other news, VP Daniel C. Mcconeghy sold 3,600 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $142.56, for a total transaction of $513,216.00. Following the completion of the sale, the vice president directly owned 24,273 shares of the company’s stock, valued at $3,460,358.88. This represents a 12.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Lei Zhang Schlitz sold 88,809 shares of the company’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $140.99, for a total value of $12,521,180.91. Following the sale, the vice president directly owned 57,059 shares of the company’s stock, valued at approximately $8,044,748.41. This represents a 60.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.29% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on JCI. Robert W. Baird increased their price target on Johnson Controls International from $132.00 to $148.00 and gave the stock a “neutral” rating in a research note on Monday, April 27th. Morgan Stanley increased their price target on Johnson Controls International from $130.00 to $140.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 11th. Mizuho increased their price target on Johnson Controls International from $130.00 to $140.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Royal Bank Of Canada increased their price target on Johnson Controls International from $139.00 to $154.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 7th. Finally, The Goldman Sachs Group increased their price target on Johnson Controls International from $154.00 to $158.00 and gave the stock a “buy” rating in a research note on Tuesday, April 7th. Eleven research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Johnson Controls International currently has an average rating of “Hold” and an average price target of $147.63.

Johnson Controls International Trading Up 2.0%

Shares of Johnson Controls International stock opened at $143.87 on Thursday. The company has a quick ratio of 0.85, a current ratio of 1.04 and a debt-to-equity ratio of 0.64. The firm has a market cap of $87.78 billion, a price-to-earnings ratio of 25.74, a price-to-earnings-growth ratio of 1.55 and a beta of 1.37. The business has a fifty day simple moving average of $137.24 and a 200-day simple moving average of $127.09. Johnson Controls International plc has a fifty-two week low of $95.64 and a fifty-two week high of $147.32.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Tuesday, March 31st. The company reported $1.19 earnings per share for the quarter. The business had revenue of $6.14 billion during the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%. On average, equities analysts forecast that Johnson Controls International plc will post 4.87 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Monday, March 16th were issued a $0.40 dividend. The ex-dividend date was Monday, March 16th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Johnson Controls International’s dividend payout ratio is 28.62%.

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.