11,279 Shares in Johnson Controls International plc $JCI Acquired by Csenge Advisory Group

Csenge Advisory Group bought a new stake in Johnson Controls International plc (NYSE:JCI) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 11,279 shares of the company’s stock, valued at approximately $1,351,000.

Several other hedge funds have also bought and sold shares of JCI. Regents Gate Capital LLP increased its stake in Johnson Controls International by 17.4% in the third quarter. Regents Gate Capital LLP now owns 86,144 shares of the company’s stock valued at $9,472,000 after acquiring an additional 12,774 shares during the last quarter. Elo Mutual Pension Insurance Co lifted its stake in Johnson Controls International by 23.7% during the third quarter. Elo Mutual Pension Insurance Co now owns 75,021 shares of the company’s stock worth $8,249,000 after purchasing an additional 14,354 shares during the last quarter. Bright Futures Wealth Management LLC. bought a new stake in Johnson Controls International during the third quarter worth about $583,000. Nordea Investment Management AB boosted its holdings in shares of Johnson Controls International by 6.7% in the 4th quarter. Nordea Investment Management AB now owns 2,276,753 shares of the company’s stock worth $274,235,000 after purchasing an additional 142,429 shares in the last quarter. Finally, Caprock Group LLC bought a new position in shares of Johnson Controls International during the 3rd quarter valued at about $3,828,000. 90.05% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

JCI has been the topic of a number of research reports. Rothschild & Co Redburn raised their price objective on Johnson Controls International from $137.00 to $150.00 and gave the company a “buy” rating in a report on Monday, February 9th. Morgan Stanley increased their price target on shares of Johnson Controls International from $130.00 to $140.00 and gave the company an “overweight” rating in a research report on Wednesday, March 11th. Barclays lifted their price target on shares of Johnson Controls International from $136.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. Citigroup boosted their price objective on shares of Johnson Controls International from $150.00 to $155.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Johnson Controls International in a report on Thursday, January 22nd. Eleven analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $147.63.

Insider Transactions at Johnson Controls International

In related news, VP Daniel C. Mcconeghy sold 3,600 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $142.56, for a total value of $513,216.00. Following the sale, the vice president directly owned 24,273 shares of the company’s stock, valued at $3,460,358.88. This trade represents a 12.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Lei Zhang Schlitz sold 88,809 shares of the business’s stock in a transaction dated 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 transaction, the vice president owned 57,059 shares in the company, valued at approximately $8,044,748.41. This represents a 60.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is currently owned by insiders.

Johnson Controls International Stock Performance

NYSE:JCI opened at $137.62 on Thursday. The firm has a market cap of $83.96 billion, a PE ratio of 24.62, a price-to-earnings-growth ratio of 1.49 and a beta of 1.37. Johnson Controls International plc has a fifty-two week low of $96.01 and a fifty-two week high of $147.32. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.85 and a current ratio of 1.04. The business has a 50 day moving average price of $137.55 and a 200-day moving average price of $128.03.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Tuesday, March 31st. The company reported $1.19 EPS for the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. The company had revenue of $6.14 billion for the quarter. Equities research analysts predict that Johnson Controls International plc will post 4.87 earnings per share for the current year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 16th were given a $0.40 dividend. The ex-dividend date was Monday, March 16th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.2%. Johnson Controls International’s payout ratio is presently 28.62%.

About Johnson Controls International

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.