New Age Alpha Advisors LLC Sells 32,737 Shares of Johnson Controls International plc $JCI

New Age Alpha Advisors LLC lessened its position in Johnson Controls International plc (NYSE:JCI) by 55.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 26,061 shares of the company’s stock after selling 32,737 shares during the period. New Age Alpha Advisors LLC’s holdings in Johnson Controls International were worth $3,121,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Brighton Jones LLC bought a new stake in shares of Johnson Controls International during the fourth quarter worth $222,000. Acadian Asset Management LLC bought a new stake in shares of Johnson Controls International during the first quarter worth $55,000. Sivia Capital Partners LLC increased its position in shares of Johnson Controls International by 83.3% during the second quarter. Sivia Capital Partners LLC now owns 7,049 shares of the company’s stock worth $745,000 after acquiring an additional 3,203 shares in the last quarter. Jump Financial LLC increased its position in shares of Johnson Controls International by 3.5% during the second quarter. Jump Financial LLC now owns 12,578 shares of the company’s stock worth $1,328,000 after acquiring an additional 425 shares in the last quarter. Finally, Federated Hermes Inc. increased its position in shares of Johnson Controls International by 120.7% during the second quarter. Federated Hermes Inc. now owns 12,359 shares of the company’s stock worth $1,305,000 after acquiring an additional 6,760 shares in the last quarter. Institutional investors own 90.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on JCI. Royal Bank Of Canada increased their price objective on shares of Johnson Controls International from $139.00 to $154.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 7th. BNP Paribas Exane assumed coverage on shares of Johnson Controls International in a report on Tuesday, April 14th. They set an “underperform” rating and a $120.00 target price for the company. Wolfe Research reduced their target price on shares of Johnson Controls International from $161.00 to $160.00 and set an “outperform” rating for the company in a report on Wednesday, April 8th. Wall Street Zen upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating in a report on Sunday, May 3rd. Finally, Robert W. Baird increased their target price on shares of Johnson Controls International from $132.00 to $148.00 and gave the stock a “neutral” rating in a report on Monday, April 27th. Eleven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $147.63.

Johnson Controls International Stock Performance

Shares of JCI opened at $138.51 on Tuesday. Johnson Controls International plc has a 12 month low of $96.31 and a 12 month high of $147.32. The firm has a fifty day simple moving average of $137.81 and a 200 day simple moving average of $128.55. The stock has a market capitalization of $84.51 billion, a price-to-earnings ratio of 24.78, a PEG ratio of 1.52 and a beta of 1.37. The company has a current ratio of 1.04, a quick ratio of 0.85 and a debt-to-equity ratio of 0.64.

Johnson Controls International (NYSE:JCI) last announced its earnings results on Tuesday, March 31st. The company reported $1.19 EPS for the quarter. The business had revenue of $6.14 billion during the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. Research analysts forecast that Johnson Controls International plc will post 4.87 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 16th were paid a $0.40 dividend. The ex-dividend date was Monday, March 16th. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. Johnson Controls International’s dividend payout ratio (DPR) is currently 28.62%.

Insider Buying and Selling

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 88,809 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $140.99, for a total value of $12,521,180.91. Following the completion of the sale, the vice president owned 57,059 shares in the company, valued at $8,044,748.41. This trade represents a 60.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.29% of the stock is currently owned by corporate insiders.

Johnson Controls International 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.