NBH Bank Purchases Shares of 4,773 Johnson Controls International plc $JCI

NBH Bank purchased a new stake in shares of Johnson Controls International plc (NYSE:JCI) in the 2nd quarter, Holdings Channel.com reports. The fund purchased 4,773 shares of the company’s stock, valued at approximately $1,222,000.

A number of other hedge funds also recently modified their holdings of the business. Mcguire Capital Advisors Inc. bought a new stake in shares of Johnson Controls International in the fourth quarter worth $27,000. Fourth Dimension Wealth LLC raised its position in Johnson Controls International by 51.3% during the 2nd quarter. Fourth Dimension Wealth LLC now owns 230 shares of the company’s stock worth $34,000 after purchasing an additional 78 shares during the last quarter. First Bancorp Inc ME bought a new position in Johnson Controls International during the 2nd quarter worth $34,000. Twin Tree Management LP lifted its holdings in Johnson Controls International by 140.9% during the 4th quarter. Twin Tree Management LP now owns 260 shares of the company’s stock worth $31,000 after buying an additional 895 shares during the period. Finally, Axiom Investment Management LLC acquired a new position in Johnson Controls International during the 2nd quarter worth about $41,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Insider Buying and Selling

In other news, VP Lei Schlitz sold 23,417 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $153.07, for a total transaction of $3,584,440.19. Following the completion of the sale, the vice president owned 15,017 shares of the company’s stock, valued at $2,298,652.19. This trade represents a 60.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, 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 transaction of $263,160.00. Following the completion of the sale, the vice president owned 26,215 shares of the company’s stock, valued at $3,832,633. This represents a 6.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.29% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on JCI shares. Citigroup upped their price target on Johnson Controls International from $155.00 to $157.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Johnson Controls International in a research note on Tuesday, June 9th. Oppenheimer reaffirmed a “market perform” rating on shares of Johnson Controls International in a research note on Tuesday, June 2nd. UBS Group reiterated a “buy” rating on shares of Johnson Controls International in a report on Thursday, July 30th. Finally, Sanford C. Bernstein increased their target price on shares of Johnson Controls International from $173.00 to $190.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Twelve equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $155.75.

Johnson Controls International Stock Performance

Shares of Johnson Controls International stock opened at $144.87 on Friday. The business has a 50-day moving average price of $144.69 and a two-hundred day moving average price of $141.29. Johnson Controls International plc has a 1-year low of $104.03 and a 1-year high of $157.06. The company has a current ratio of 1.00, a quick ratio of 0.83 and a debt-to-equity ratio of 0.61. The company has a market cap of $87.75 billion, a P/E ratio of 25.19, a PEG ratio of 1.37 and a beta of 1.29.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.42 earnings per share (EPS) for the quarter, beating 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 the consensus estimate of $6.46 billion. During the same period in the previous year, the business earned $1.05 EPS. The firm’s revenue was up 9.3% compared to the same quarter last year. As a group, analysts anticipate that Johnson Controls International plc will post 5.08 EPS for the current year.

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.