Fjarde AP Fonden Fourth Swedish National Pension Fund Has $11.24 Million Stock Position in Johnson Controls International plc $JCI

Fjarde AP Fonden Fourth Swedish National Pension Fund lowered its position in shares of Johnson Controls International plc (NYSE:JCI) by 12.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 93,838 shares of the company’s stock after selling 13,400 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Johnson Controls International were worth $11,237,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Flagship Wealth Advisors LLC lifted its holdings in shares of Johnson Controls International by 1,642.9% during the fourth quarter. Flagship Wealth Advisors LLC now owns 610 shares of the company’s stock worth $73,000 after buying an additional 575 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of Johnson Controls International by 4.4% during the fourth quarter. Parallel Advisors LLC now owns 9,595 shares of the company’s stock worth $1,149,000 after buying an additional 407 shares in the last quarter. Vise Technologies Inc. lifted its holdings in shares of Johnson Controls International by 4.8% during the fourth quarter. Vise Technologies Inc. now owns 41,402 shares of the company’s stock worth $4,958,000 after buying an additional 1,883 shares in the last quarter. TD Asset Management Inc lifted its holdings in shares of Johnson Controls International by 25.4% during the fourth quarter. TD Asset Management Inc now owns 307,542 shares of the company’s stock worth $36,828,000 after buying an additional 62,296 shares in the last quarter. Finally, Cibc World Market Inc. lifted its holdings in shares of Johnson Controls International by 16.1% during the fourth quarter. Cibc World Market Inc. now owns 100,774 shares of the company’s stock worth $12,068,000 after buying an additional 13,992 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on JCI shares. Wells Fargo & Company lifted their price target on shares of Johnson Controls International from $145.00 to $160.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. HSBC lifted their price target on shares of Johnson Controls International from $127.00 to $136.00 in a research report on Thursday, May 7th. Robert W. Baird lifted their price target on shares of Johnson Controls International from $132.00 to $148.00 and gave the company a “neutral” rating in a research report on Monday, April 27th. Oppenheimer reiterated a “market perform” rating on shares of Johnson Controls International in a research report on Tuesday. Finally, UBS Group lifted their price target on shares of Johnson Controls International from $170.00 to $180.00 and gave the company a “buy” rating in a research report on Tuesday. Eleven equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $149.79.

Insider Buying and Selling

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 88,809 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the completion of the transaction, the vice president owned 57,059 shares of the company’s stock, valued at approximately $8,044,748.41. The trade was a 60.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.29% of the company’s stock.

Johnson Controls International Stock Down 2.5%

Shares of JCI opened at $143.71 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.04 and a quick ratio of 0.85. Johnson Controls International plc has a one year low of $100.86 and a one year high of $148.38. The company has a market cap of $87.68 billion, a P/E ratio of 25.71, a P/E/G ratio of 1.55 and a beta of 1.32. The firm has a 50 day simple moving average of $139.11 and a two-hundred day simple moving average of $129.69.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results 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 company had revenue of $6.14 billion during the quarter. Research analysts forecast that Johnson Controls International plc will post 4.86 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.60 annualized dividend and a yield of 1.1%. Johnson Controls International’s payout ratio is presently 28.62%.

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.