TSG Advice Partners LLC Makes New $506,000 Investment in Johnson Controls International plc $JCI

TSG Advice Partners LLC bought a new position in Johnson Controls International plc (NYSE:JCI) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 3,464 shares of the company’s stock, valued at approximately $506,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. First County Bank CT grew its position in shares of Johnson Controls International by 4.2% in the third quarter. First County Bank CT now owns 1,699 shares of the company’s stock valued at $253,000 after purchasing an additional 68 shares during the last quarter. Natural Investments LLC increased its stake in shares of Johnson Controls International by 2.5% in the second quarter. Natural Investments LLC now owns 3,008 shares of the company’s stock worth $439,000 after purchasing an additional 72 shares during the period. Everhart Financial Group Inc. increased its stake in shares of Johnson Controls International by 1.1% in the third quarter. Everhart Financial Group Inc. now owns 6,355 shares of the company’s stock worth $945,000 after purchasing an additional 72 shares during the period. Baron Wealth Management LLC lifted its position in shares of Johnson Controls International by 1.6% during the 2nd quarter. Baron Wealth Management LLC now owns 4,705 shares of the company’s stock worth $687,000 after purchasing an additional 75 shares during the last quarter. Finally, Kaufman Rossin Wealth LLC lifted its position in shares of Johnson Controls International by 2.0% during the 3rd quarter. Kaufman Rossin Wealth LLC now owns 3,845 shares of the company’s stock worth $572,000 after purchasing an additional 75 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on JCI. Evercore set a $170.00 target price on Johnson Controls International in a research note on Wednesday, October 28th. Morgan Stanley lifted their price target on Johnson Controls International from $175.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 2nd. Citigroup upped their price target on Johnson Controls International from $170.00 to $172.00 and gave the stock a “neutral” rating in a report on Wednesday, October 28th. Mizuho upped their price target on Johnson Controls International from $150.00 to $165.00 and gave the stock a “neutral” rating in a report on Thursday, October 15th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Johnson Controls International in a research report on Wednesday, October 7th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned 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 a consensus rating of “Moderate Buy” and an average target price of $166.86.

Insider Transactions at Johnson Controls International

In other news, Director Juergen Tinggren sold 4,000 shares of the stock in a transaction on Wednesday, October 28th. The shares were sold at an average price of $159.19, for a total value of $636,760.00. Following the completion of the transaction, the director owned 27,236 shares in the company, valued at approximately $4,335,698.84. This represents a 12.81% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.29% of the stock is owned by company insiders.

Johnson Controls International Price Performance

Shares of NYSE:JCI opened at $146.12 on Tuesday. The firm has a market capitalization of $88.51 billion, a PE ratio of 31.22, a PEG ratio of 1.13 and a beta of 1.27. The company has a current ratio of 0.90, a quick ratio of 0.83 and a debt-to-equity ratio of 0.55. Johnson Controls International plc has a 1-year low of $108.41 and a 1-year high of $160.41. The business’s 50 day moving average is $147.42 and its 200-day moving average is $140.96.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Tuesday, October 27th. The company reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.07. The business had revenue of $7.11 billion during the quarter, compared to analyst estimates of $7.04 billion. Johnson Controls International had a return on equity of 23.38% and a net margin of 11.12%. Johnson Controls International’s revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.26 earnings per share. Sell-side analysts predict that Johnson Controls International plc will post 6.29 earnings per share for the current year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Monday, September 21st were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Monday, September 21st. Johnson Controls International’s payout ratio is 34.19%.

Johnson Controls International Profile

Johnson Controls International plc (NYSE:JCI) is a global provider of building technology, products and services. The company helps customers design, operate and maintain efficient, healthy and secure buildings through solutions for heating, ventilation and air conditioning, building automation, energy management, fire detection and suppression, and physical security.

Its portfolio includes building controls and digital management platforms, HVAC equipment, chillers, air-handling systems, fire and security technologies, and related services.