Commerzbank Aktiengesellschaft FI Invests $2.84 Million in Johnson Controls International plc $JCI

Commerzbank Aktiengesellschaft FI purchased a new stake in Johnson Controls International plc (NYSE:JCI) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 19,434 shares of the company’s stock, valued at approximately $2,840,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mcguire Capital Advisors Inc. bought a new stake in shares of Johnson Controls International during the 4th quarter valued at $27,000. Twin Tree Management LP raised its position in shares of Johnson Controls International by 140.9% during the fourth quarter. Twin Tree Management LP now owns 260 shares of the company’s stock worth $31,000 after purchasing an additional 895 shares during the period. Fourth Dimension Wealth LLC lifted its stake in Johnson Controls International by 51.3% in the second quarter. Fourth Dimension Wealth LLC now owns 230 shares of the company’s stock valued at $34,000 after buying an additional 78 shares in the last quarter. SJS Investment Consulting Inc. lifted its position in Johnson Controls International by 747.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 288 shares of the company’s stock valued at $38,000 after acquiring an additional 254 shares in the last quarter. Finally, Axiom Investment Management LLC bought a new stake in shares of Johnson Controls International in the second quarter valued at about $41,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Johnson Controls International Stock Up 0.2%

Johnson Controls International stock opened at $153.96 on Tuesday. The firm’s fifty day moving average is $145.11 and its 200 day moving average is $140.19. Johnson Controls International plc has a 12-month low of $103.07 and a 12-month high of $157.06. The company has a market capitalization of $93.26 billion, a PE ratio of 26.78, a PEG ratio of 1.48 and a beta of 1.31. The company has a quick ratio of 0.83, a current ratio of 1.00 and a debt-to-equity ratio of 0.61.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Thursday, July 30th. The company reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $6.61 billion for the quarter, compared to analysts’ expectations of $6.46 billion. During the same period last year, the business earned $1.05 EPS. Johnson Controls International’s quarterly revenue was up 9.3% compared to the same quarter last year. As a group, sell-side analysts predict that Johnson Controls International plc will post 5.08 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

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

Insider Buying and Selling

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 23,417 shares of the stock in a transaction on 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 completion of the transaction, the vice president directly owned 15,017 shares of the company’s stock, valued at approximately $2,298,652.19. This represents a 60.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Todd M. Grabowski sold 1,800 shares of Johnson Controls International stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total transaction of $263,160.00. Following the completion of the transaction, the vice president owned 26,215 shares of the company’s stock, valued at $3,832,633. The trade was a 6.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have recently commented on JCI. Wall Street Zen downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. The Goldman Sachs Group increased their price target on shares of Johnson Controls International from $169.00 to $178.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. Sanford C. Bernstein increased their price objective on Johnson Controls International from $173.00 to $190.00 and gave the stock an “outperform” rating in a research report on Friday. Oppenheimer reaffirmed a “market perform” rating on shares of Johnson Controls International in a report on Tuesday, June 2nd. Finally, Royal Bank Of Canada boosted their price target on Johnson Controls International from $154.00 to $161.00 and gave the company a “sector perform” rating in a research note on Thursday, July 30th. Twelve investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Johnson Controls International has an average rating of “Hold” and a consensus price target of $155.50.

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.