Lifeworks Advisors LLC Invests $498,000 in Johnson Controls International plc $JCI

Lifeworks Advisors LLC bought a new stake in Johnson Controls International plc (NYSE:JCI) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,802 shares of the company’s stock, valued at approximately $498,000.

A number of other large investors have also added to or reduced their stakes in the company. Nordea Investment Management AB grew its stake in Johnson Controls International by 6.7% during the 4th quarter. Nordea Investment Management AB now owns 2,276,753 shares of the company’s stock valued at $274,235,000 after purchasing an additional 142,429 shares in the last quarter. Clear Trail Advisors LLC acquired a new stake in shares of Johnson Controls International during the fourth quarter worth approximately $5,104,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in Johnson Controls International by 14.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 112,411 shares of the company’s stock worth $13,461,000 after acquiring an additional 14,446 shares in the last quarter. KADENSA CAPITAL Ltd increased its position in shares of Johnson Controls International by 63.0% in the 3rd quarter. KADENSA CAPITAL Ltd now owns 255,411 shares of the company’s stock worth $28,082,000 after purchasing an additional 98,734 shares during the last quarter. Finally, California Public Employees Retirement System increased its position in shares of Johnson Controls International by 4.2% in the 3rd quarter. California Public Employees Retirement System now owns 1,199,930 shares of the company’s stock worth $131,932,000 after purchasing an additional 47,852 shares during the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International Trading Up 0.8%

Shares of NYSE JCI opened at $143.98 on Tuesday. The company has a market cap of $87.84 billion, a price-to-earnings ratio of 25.76, a price-to-earnings-growth ratio of 1.53 and a beta of 1.31. Johnson Controls International plc has a 12-month low of $102.09 and a 12-month high of $151.18. The company has a current ratio of 1.04, a quick ratio of 0.85 and a debt-to-equity ratio of 0.64. The stock’s 50 day simple moving average is $141.87 and its 200 day simple moving average is $134.79.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings data on Tuesday, March 31st. The company reported $1.19 EPS for the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%.The firm had revenue of $6.14 billion during the quarter. Equities research analysts expect that Johnson Controls International plc will post 4.92 EPS for the current year.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 15th were given a dividend of $0.40 per share. The ex-dividend date was Monday, June 15th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Johnson Controls International’s dividend payout ratio is currently 28.62%.

Insider Transactions at Johnson Controls International

In other news, VP Todd M. Grabowski sold 1,800 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total transaction of $263,160.00. Following the sale, the vice president owned 26,215 shares of the company’s stock, valued at approximately $3,832,633. The trade was a 6.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Lei Zhang Schlitz sold 88,809 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was 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 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. 0.29% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Oppenheimer reiterated a “market perform” rating on shares of Johnson Controls International in a research note on Tuesday, June 2nd. The Goldman Sachs Group upped their price objective on Johnson Controls International from $169.00 to $178.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. BNP Paribas Exane began coverage on Johnson Controls International in a report on Tuesday, April 14th. They set an “underperform” rating and a $120.00 target price on the stock. Wall Street Zen upgraded Johnson Controls International from a “hold” rating to a “buy” rating in a report on Sunday, May 3rd. Finally, Zacks Research raised shares of Johnson Controls International from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 25th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $152.85.

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.