BNP PARIBAS ASSET MANAGEMENT Holding S.A. Has $40.58 Million Stake in Johnson Controls International plc (NYSE:JCI)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in shares of Johnson Controls International plc (NYSE:JCI) by 1.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 621,237 shares of the company’s stock after acquiring an additional 11,730 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Johnson Controls International were worth $40,579,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. RPG Investment Advisory LLC raised its position in shares of Johnson Controls International by 19.3% during the fourth quarter. RPG Investment Advisory LLC now owns 196,559 shares of the company’s stock valued at $11,330,000 after buying an additional 31,759 shares during the last quarter. United Services Automobile Association raised its position in shares of Johnson Controls International by 7.9% during the fourth quarter. United Services Automobile Association now owns 20,376 shares of the company’s stock valued at $1,174,000 after buying an additional 1,490 shares during the last quarter. ANTIPODES PARTNERS Ltd raised its position in shares of Johnson Controls International by 89.4% during the fourth quarter. ANTIPODES PARTNERS Ltd now owns 253,859 shares of the company’s stock valued at $14,632,000 after buying an additional 119,844 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its position in shares of Johnson Controls International by 27.6% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 79,840 shares of the company’s stock valued at $4,602,000 after buying an additional 17,263 shares during the last quarter. Finally, RWA Wealth Partners LLC bought a new stake in Johnson Controls International in the fourth quarter valued at about $14,231,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

JCI has been the topic of a number of analyst reports. Robert W. Baird upped their target price on shares of Johnson Controls International from $62.00 to $72.00 and gave the company a “neutral” rating in a research note on Monday. Barclays lowered their target price on shares of Johnson Controls International from $62.00 to $61.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 10th. UBS Group cut shares of Johnson Controls International from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $74.00 to $68.00 in a research note on Monday, May 6th. The Goldman Sachs Group upped their price objective on shares of Johnson Controls International from $66.00 to $73.00 and gave the stock a “buy” rating in a research note on Wednesday, July 10th. Finally, Wells Fargo & Company upped their price objective on shares of Johnson Controls International from $70.00 to $75.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 10th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $65.23.

Insider Activity at Johnson Controls International

In related news, VP Daniel C. Mcconeghy sold 9,342 shares of the business’s stock in a transaction on Friday, May 10th. The shares were sold at an average price of $65.50, for a total value of $611,901.00. Following the sale, the vice president now directly owns 25,378 shares of the company’s stock, valued at approximately $1,662,259. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Johnson Controls International news, Director Juergen Tinggren sold 4,000 shares of Johnson Controls International stock in a transaction on Monday, May 6th. The shares were sold at an average price of $62.31, for a total value of $249,240.00. Following the sale, the director now directly owns 30,120 shares in the company, valued at approximately $1,876,777.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Daniel C. Mcconeghy sold 9,342 shares of the business’s stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $65.50, for a total transaction of $611,901.00. Following the transaction, the vice president now owns 25,378 shares in the company, valued at $1,662,259. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 18,067 shares of company stock valued at $1,162,299. 0.69% of the stock is owned by corporate insiders.

Johnson Controls International Trading Up 1.1 %

JCI traded up $0.80 during mid-day trading on Thursday, hitting $70.65. The stock had a trading volume of 940,770 shares, compared to its average volume of 5,294,703. The stock’s fifty day simple moving average is $69.35 and its 200-day simple moving average is $63.35. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.87 and a quick ratio of 0.65. The firm has a market capitalization of $47.60 billion, a price-to-earnings ratio of 28.28, a price-to-earnings-growth ratio of 1.88 and a beta of 1.28. Johnson Controls International plc has a 1-year low of $47.90 and a 1-year high of $74.23.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Wednesday, May 1st. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.03. The company had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.51 billion. Johnson Controls International had a net margin of 6.32% and a return on equity of 13.21%. The business’s revenue for the quarter was down 6.1% compared to the same quarter last year. During the same period last year, the business posted $0.75 earnings per share. As a group, research analysts forecast that Johnson Controls International plc will post 3.59 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 19th. Investors of record on Monday, June 24th will be given a $0.37 dividend. The ex-dividend date is Monday, June 24th. This represents a $1.48 annualized dividend and a yield of 2.09%. Johnson Controls International’s dividend payout ratio is currently 59.92%.

Johnson Controls International Company Profile

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.