8,919 Shares in Johnson Controls International plc $JCI Bought by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. purchased a new stake in shares of Johnson Controls International plc (NYSE:JCI) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 8,919 shares of the company’s stock, valued at approximately $1,303,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pictet Asset Management Holding SA boosted its stake in shares of Johnson Controls International by 0.9% during the 2nd quarter. Pictet Asset Management Holding SA now owns 2,331,718 shares of the company’s stock worth $340,501,000 after acquiring an additional 20,780 shares in the last quarter. Ascentis Wealth Management LLC boosted its position in Johnson Controls International by 27.5% during the second quarter. Ascentis Wealth Management LLC now owns 2,714 shares of the company’s stock worth $397,000 after purchasing an additional 586 shares in the last quarter. Assetmark Inc. boosted its position in Johnson Controls International by 2.2% during the second quarter. Assetmark Inc. now owns 17,102 shares of the company’s stock worth $2,499,000 after purchasing an additional 363 shares in the last quarter. Chicago Partners Investment Group LLC grew its holdings in Johnson Controls International by 33.5% in the second quarter. Chicago Partners Investment Group LLC now owns 17,802 shares of the company’s stock valued at $2,551,000 after purchasing an additional 4,463 shares during the period. Finally, Broad Peak Investment Advisers Pte Ltd acquired a new stake in Johnson Controls International in the second quarter valued at approximately $2,250,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

NYSE JCI opened at $153.73 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.00 and a quick ratio of 0.83. The stock’s 50 day simple moving average is $144.91 and its 200-day simple moving average is $139.75. The company has a market cap of $93.12 billion, a PE ratio of 26.74, a price-to-earnings-growth ratio of 1.46 and a beta of 1.31. Johnson Controls International plc has a 1-year low of $103.07 and a 1-year high of $157.06.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Thursday, July 30th. The company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.30 by $0.12. Johnson Controls International had a return on equity of 22.11% and a net margin of 14.32%.The firm had revenue of $6.61 billion during the quarter, compared to analysts’ expectations of $6.46 billion. During the same period in the previous year, the business earned $1.05 earnings per share. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. As a group, equities research analysts anticipate that Johnson Controls International plc will post 5.08 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Monday, June 15th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Monday, June 15th. Johnson Controls International’s payout ratio is 27.83%.

Insiders Place Their Bets

In other news, VP Todd M. Grabowski sold 1,800 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $146.20, for a total value of $263,160.00. Following the transaction, the vice president directly owned 26,215 shares of the company’s stock, valued at approximately $3,832,633. This trade represents a 6.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP Lei Zhang Schlitz sold 23,417 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $153.07, for a total transaction of $3,584,440.19. Following the transaction, the vice president owned 15,017 shares in the company, valued at $2,298,652.19. The trade was a 60.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on JCI shares. JPMorgan Chase & Co. upped their target price on Johnson Controls International from $158.00 to $162.00 in a research note on Thursday, May 7th. Zacks Research cut shares of Johnson Controls International from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 6th. Barclays boosted their price target on shares of Johnson Controls International from $136.00 to $144.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Wall Street Zen cut shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Johnson Controls International in a report on Tuesday, June 2nd. Twelve research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Johnson Controls International has a consensus rating of “Hold” and an average target price of $155.50.

Johnson Controls International Company 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.