Johnson Controls International plc $JCI Stock Position Trimmed by Financiere des Professionnels Fonds d investissement inc.

Financiere des Professionnels Fonds d investissement inc. reduced its holdings in Johnson Controls International plc (NYSE:JCI) by 57.1% during the 4th quarter, Holdings Channel reports. The fund owned 26,916 shares of the company’s stock after selling 35,846 shares during the quarter. Financiere des Professionnels Fonds d investissement inc.’s holdings in Johnson Controls International were worth $3,223,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the company. Lcnb Corp lifted its position in shares of Johnson Controls International by 4.0% during the 4th quarter. Lcnb Corp now owns 2,094 shares of the company’s stock valued at $251,000 after acquiring an additional 81 shares during the last quarter. Catalyst Financial Partners LLC boosted its position in shares of Johnson Controls International by 2.5% in the third quarter. Catalyst Financial Partners LLC now owns 3,398 shares of the company’s stock valued at $374,000 after acquiring an additional 84 shares during the period. Millstone Evans Group LLC lifted its holdings in shares of Johnson Controls International by 2.6% during the 4th quarter. Millstone Evans Group LLC now owns 3,427 shares of the company’s stock worth $410,000 after acquiring an additional 87 shares during the period. apricus wealth LLC raised its stake in shares of Johnson Controls International by 3.1% in the fourth quarter. apricus wealth LLC now owns 2,946 shares of the company’s stock valued at $353,000 after acquiring an additional 89 shares during the last quarter. Finally, Founders Financial Securities LLC raised its stake in shares of Johnson Controls International by 2.6% in the fourth quarter. Founders Financial Securities LLC now owns 3,490 shares of the company’s stock valued at $418,000 after acquiring an additional 89 shares during the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Morgan Stanley raised their price objective on shares of Johnson Controls International from $140.00 to $175.00 and gave the company an “overweight” rating in a research note on Tuesday. Wells Fargo & Company raised their price objective on shares of Johnson Controls International from $145.00 to $160.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. BNP Paribas Exane started coverage on shares of Johnson Controls International in a research note on Tuesday, April 14th. They issued an “underperform” rating and a $120.00 price objective on the stock. HSBC upped their price target on Johnson Controls International from $127.00 to $136.00 in a research note on Thursday, May 7th. Finally, Citigroup upped their price target on Johnson Controls International from $150.00 to $155.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Twelve analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $152.85.

Johnson Controls International Stock Down 5.7%

Johnson Controls International stock opened at $139.28 on Thursday. The company has a market cap of $84.98 billion, a P/E ratio of 24.92, a price-to-earnings-growth ratio of 1.60 and a beta of 1.32. The company has a fifty day simple moving average of $139.94 and a 200 day simple moving average of $130.41. 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 plc has a 1-year low of $100.86 and a 1-year high of $149.10.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Tuesday, March 31st. The company reported $1.19 earnings per share (EPS) for the quarter. The firm had revenue of $6.14 billion for the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. Research analysts anticipate that Johnson Controls International plc will post 4.86 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

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 issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Monday, June 15th. Johnson Controls International’s payout ratio is presently 28.62%.

Insider Transactions at Johnson Controls International

In other news, VP Todd M. Grabowski sold 1,800 shares of Johnson Controls International stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $146.20, for a total value of $263,160.00. Following the completion of the sale, the vice president owned 26,215 shares in the company, valued at $3,832,633. The trade was a 6.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Lei Zhang Schlitz sold 88,809 shares of the stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $140.99, for a total value of $12,521,180.91. Following the completion of the transaction, the vice president owned 57,059 shares in the company, valued at approximately $8,044,748.41. The trade was a 60.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is owned by company insiders.

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.