TD Waterhouse Canada Inc. Purchases 19,088 Shares of Johnson Controls International plc $JCI

TD Waterhouse Canada Inc. boosted its holdings in Johnson Controls International plc (NYSE:JCI) by 18.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 124,880 shares of the company’s stock after purchasing an additional 19,088 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Johnson Controls International were worth $18,090,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Premier Path Wealth Partners LLC raised its holdings in shares of Johnson Controls International by 9.8% in the 2nd quarter. Premier Path Wealth Partners LLC now owns 6,480 shares of the company’s stock worth $947,000 after acquiring an additional 577 shares during the last quarter. Lakeshore Financial Planning Inc. purchased a new stake in shares of Johnson Controls International in the second quarter worth approximately $218,000. Concurrent Investment Advisors LLC lifted its holdings in shares of Johnson Controls International by 0.9% in the second quarter. Concurrent Investment Advisors LLC now owns 125,639 shares of the company’s stock valued at $18,357,000 after purchasing an additional 1,113 shares in the last quarter. NEOS Investment Management LLC boosted its position in shares of Johnson Controls International by 9.5% during the second quarter. NEOS Investment Management LLC now owns 99,527 shares of the company’s stock valued at $14,542,000 after buying an additional 8,630 shares during the last quarter. Finally, AXQ Capital LP grew its holdings in Johnson Controls International by 386.2% during the second quarter. AXQ Capital LP now owns 11,164 shares of the company’s stock worth $1,631,000 after buying an additional 8,868 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have issued reports on JCI shares. Citigroup lifted their price objective on shares of Johnson Controls International from $155.00 to $157.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Johnson Controls International in a research note on Tuesday, June 9th. The Goldman Sachs Group upped their target price on Johnson Controls International from $169.00 to $178.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. Royal Bank Of Canada lifted their price target on Johnson Controls International from $154.00 to $161.00 and gave the stock a “sector perform” rating in a report on Thursday, July 30th. Finally, Morgan Stanley upped their price objective on Johnson Controls International from $175.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday. Twelve equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $155.75.

Johnson Controls International Stock Up 1.9%

Shares of NYSE JCI opened at $144.87 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 has a market capitalization of $87.75 billion, a PE ratio of 25.19, a P/E/G ratio of 1.37 and a beta of 1.29. Johnson Controls International plc has a one year low of $104.03 and a one year high of $157.06. The business’s fifty day moving average price is $144.69 and its 200-day moving average price is $141.29.

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

Insider Activity at Johnson Controls International

In other Johnson Controls International news, VP Todd M. Grabowski sold 1,800 shares of the business’s 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 sale, 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. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Lei 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 value of $3,584,440.19. Following the sale, the vice president owned 15,017 shares in the company, valued at approximately $2,298,652.19. This represents a 60.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.29% of the company’s stock.

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.