TD Waterhouse Canada Inc. Grows Position in Johnson Controls International plc $JCI

TD Waterhouse Canada Inc. boosted its position in shares of Johnson Controls International plc (NYSE:JCI) by 18.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 124,880 shares of the company’s stock after buying an additional 19,088 shares during the period. TD Waterhouse Canada Inc.’s holdings in Johnson Controls International were worth $18,090,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JCI. Brighton Jones LLC purchased a new position in shares of Johnson Controls International during the fourth quarter worth approximately $222,000. Acadian Asset Management LLC purchased a new stake in Johnson Controls International in the 1st quarter valued at $55,000. Sivia Capital Partners LLC raised its position in Johnson Controls International by 83.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 7,049 shares of the company’s stock valued at $745,000 after purchasing an additional 3,203 shares during the last quarter. Jump Financial LLC raised its position in Johnson Controls International by 3.5% in the 2nd quarter. Jump Financial LLC now owns 12,578 shares of the company’s stock valued at $1,328,000 after purchasing an additional 425 shares during the last quarter. Finally, Federated Hermes Inc. boosted its stake in Johnson Controls International by 120.7% during the 2nd quarter. Federated Hermes Inc. now owns 12,359 shares of the company’s stock worth $1,305,000 after purchasing an additional 6,760 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Insider Transactions at Johnson Controls International

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

Wall Street Analysts Forecast Growth

JCI has been the topic of several research reports. UBS Group reissued a “buy” rating on shares of Johnson Controls International in a research report on Thursday, July 30th. Robert W. Baird upped their target price on shares of Johnson Controls International from $132.00 to $148.00 and gave the company a “neutral” rating in a report on Monday, April 27th. Zacks Research downgraded shares of Johnson Controls International from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 6th. Wall Street Zen lowered Johnson Controls International from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Mizuho boosted their price target on Johnson Controls International from $130.00 to $140.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $154.80.

Johnson Controls International Price Performance

Shares of NYSE JCI opened at $151.47 on Friday. The stock has a fifty day moving average price of $144.71 and a 200 day moving average price of $139.65. Johnson Controls International plc has a 1-year low of $103.07 and a 1-year high of $157.06. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.00 and a quick ratio of 0.83. The company has a market cap of $91.75 billion, a PE ratio of 26.34, a P/E/G ratio of 1.47 and a beta of 1.31.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.12. The company had revenue of $6.61 billion for the quarter, compared to analysts’ expectations of $6.46 billion. Johnson Controls International had a net margin of 14.32% and a return on equity of 22.11%. Johnson Controls International’s revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.05 EPS. Sell-side analysts forecast that Johnson Controls International plc will post 5.08 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. Investors of record on Monday, June 15th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Monday, June 15th. Johnson Controls International’s dividend payout ratio is currently 27.83%.

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.