California Public Employees Retirement System Has $140.99 Million Stock Holdings in Johnson Controls International plc $JCI

California Public Employees Retirement System decreased its position in shares of Johnson Controls International plc (NYSE:JCI) by 9.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,076,676 shares of the company’s stock after selling 109,088 shares during the quarter. California Public Employees Retirement System’s holdings in Johnson Controls International were worth $140,991,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Maseco LLP raised its holdings in Johnson Controls International by 102.9% in the fourth quarter. Maseco LLP now owns 211 shares of the company’s stock worth $25,000 after purchasing an additional 107 shares during the period. Mcguire Capital Advisors Inc. bought a new position in shares of Johnson Controls International during the fourth quarter worth $27,000. Twin Tree Management LP grew its holdings in shares of Johnson Controls International by 140.9% in the 4th quarter. Twin Tree Management LP now owns 260 shares of the company’s stock valued at $31,000 after buying an additional 895 shares during the period. YANKCOM Partnership acquired a new position in shares of Johnson Controls International in the 4th quarter valued at $34,000. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of Johnson Controls International in the 4th quarter valued at $38,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Price Performance

JCI stock opened at $140.45 on Friday. The stock has a 50-day moving average price of $141.92 and a two-hundred day moving average price of $135.28. Johnson Controls International plc has a 1 year low of $102.09 and a 1 year high of $151.18. The stock has a market cap of $85.69 billion, a PE ratio of 25.13, a price-to-earnings-growth ratio of 1.51 and a beta of 1.31. 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 issued its quarterly earnings results on Tuesday, March 31st. The company reported $1.19 EPS for the quarter. The company had revenue of $6.14 billion for the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%. Equities analysts forecast that Johnson Controls International plc will post 4.9 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Monday, June 15th were paid a $0.40 dividend. The ex-dividend date was 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%.

Insider Buying and Selling

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 88,809 shares of the company’s stock in a transaction that occurred on 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 $8,044,748.41. This represents a 60.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Todd M. Grabowski sold 1,800 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total transaction of $263,160.00. Following the transaction, the vice president directly owned 26,215 shares of the company’s stock, valued at $3,832,633. This represents a 6.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.29% of the company’s stock.

Analyst Ratings Changes

JCI has been the topic of several research analyst reports. Mizuho raised their price objective on Johnson Controls International from $130.00 to $140.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Zacks Research upgraded Johnson Controls International from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 25th. Wolfe Research reaffirmed an “outperform” rating and set a $171.00 price target on shares of Johnson Controls International in a research report on Wednesday, June 3rd. UBS Group lifted their price objective on Johnson Controls International from $170.00 to $180.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. Finally, Jefferies Financial Group boosted their price objective on Johnson Controls International from $125.00 to $135.00 and gave the company a “hold” rating in a research report on Wednesday, April 15th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Johnson Controls International currently has an average rating of “Moderate Buy” and a consensus target price of $152.85.

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.