Johnson Controls International plc $JCI Stock Position Lifted by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 0.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,309,521 shares of the company’s stock after purchasing an additional 5,652 shares during the period. Sumitomo Mitsui Trust Group Inc. owned approximately 0.21% of Johnson Controls International worth $191,334,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Mcguire Capital Advisors Inc. bought a new position in Johnson Controls International in the 4th quarter valued at about $27,000. Twin Tree Management LP raised its position in shares of Johnson Controls International by 140.9% during the 4th quarter. Twin Tree Management LP now owns 260 shares of the company’s stock worth $31,000 after buying an additional 895 shares in the last quarter. SJS Investment Consulting Inc. raised its position in shares of Johnson Controls International by 747.1% during the 1st quarter. SJS Investment Consulting Inc. now owns 288 shares of the company’s stock worth $38,000 after buying an additional 254 shares in the last quarter. Kemnay Advisory Services Inc. bought a new stake in shares of Johnson Controls International during the 4th quarter worth about $47,000. Finally, Webster Bank N. A. acquired a new stake in shares of Johnson Controls International in the 1st quarter worth approximately $50,000. 90.05% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, VP Todd M. Grabowski sold 1,800 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $146.20, for a total value of $263,160.00. Following the completion of the transaction, the vice president owned 26,215 shares of the company’s stock, valued at approximately $3,832,633. This trade represents a 6.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Lei Zhang Schlitz sold 23,417 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $153.07, for a total transaction of $3,584,440.19. Following the transaction, the vice president owned 15,017 shares in the company, valued at approximately $2,298,652.19. The trade was a 60.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.29% of the stock is owned by insiders.

Johnson Controls International Trading Up 1.5%

NYSE:JCI opened at $153.73 on Friday. The stock has a fifty day simple moving average of $144.91 and a 200 day simple moving average of $139.75. The firm has a market capitalization of $93.12 billion, a price-to-earnings ratio of 26.74, a price-to-earnings-growth ratio of 1.46 and a beta of 1.31. Johnson Controls International plc has a 1-year low of $103.07 and a 1-year high of $157.06. The company has a quick ratio of 0.83, a current ratio of 1.00 and a debt-to-equity ratio of 0.61.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.12. Johnson Controls International had a return on equity of 22.11% and a net margin of 14.32%.The firm had revenue of $6.61 billion for the quarter, compared to the consensus estimate of $6.46 billion. During the same quarter in the previous year, the company earned $1.05 EPS. The business’s revenue for the quarter was up 9.3% compared to the same quarter last year. Sell-side analysts forecast that Johnson Controls International plc will post 5.08 earnings per share for the current year.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 15th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, June 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.0%. Johnson Controls International’s payout ratio is currently 27.83%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on JCI shares. UBS Group reiterated a “buy” rating on shares of Johnson Controls International in a report on Thursday, July 30th. Zacks Research downgraded Johnson Controls International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. HSBC increased their price target on Johnson Controls International from $127.00 to $136.00 in a research note on Thursday, May 7th. Wolfe Research reiterated an “outperform” rating and set a $171.00 price target on shares of Johnson Controls International in a research report on Wednesday, June 3rd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Johnson Controls International in a research note on Tuesday, June 9th. Twelve equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $155.50.

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.