Johnson Controls International plc (NYSE:JCI) Shares Acquired by Xponance Inc.

Xponance Inc. raised its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 3.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 101,903 shares of the company’s stock after acquiring an additional 3,393 shares during the quarter. Xponance Inc.’s holdings in Johnson Controls International were worth $8,043,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Compass Financial Services Inc acquired a new position in shares of Johnson Controls International during the 4th quarter worth about $26,000. SBI Securities Co. Ltd. acquired a new stake in shares of Johnson Controls International in the 4th quarter valued at about $29,000. Synergy Asset Management LLC acquired a new stake in shares of Johnson Controls International in the 4th quarter valued at about $42,000. ST Germain D J Co. Inc. boosted its position in shares of Johnson Controls International by 32.8% in the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after purchasing an additional 134 shares during the period. Finally, Gables Capital Management Inc. boosted its position in shares of Johnson Controls International by 132.0% in the 4th quarter. Gables Capital Management Inc. now owns 580 shares of the company’s stock valued at $46,000 after purchasing an additional 330 shares during the period. 90.05% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Argus raised Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price for the company in a research report on Friday, December 20th. Morgan Stanley upped their target price on Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. UBS Group raised Johnson Controls International from a “neutral” rating to a “buy” rating and upped their target price for the company from $90.00 to $103.00 in a research report on Monday, February 10th. Wells Fargo & Company upped their price objective on Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Finally, Royal Bank of Canada upped their price objective on Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a research note on Thursday, February 6th. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $91.27.

Johnson Controls International Stock Performance

Shares of JCI stock opened at $81.58 on Wednesday. The company has a market cap of $53.86 billion, a price-to-earnings ratio of 31.14, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. The stock has a 50 day simple moving average of $82.50 and a 200-day simple moving average of $79.93. Johnson Controls International plc has a 12-month low of $59.83 and a 12-month high of $91.14. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. On average, equities analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 24th will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.81%. The ex-dividend date is Monday, March 24th. Johnson Controls International’s payout ratio is currently 56.49%.

Insider Activity at Johnson Controls International

In related news, CEO George Oliver sold 205,168 shares of the firm’s stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $88.03, for a total value of $18,060,939.04. Following the completion of the transaction, the chief executive officer now directly owns 1,260,527 shares of the company’s stock, valued at $110,964,191.81. This trade represents a 14.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Nathan D. Manning sold 1,421 shares of the stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total value of $108,621.24. Following the sale, the vice president now owns 148,346 shares in the company, valued at approximately $11,339,568.24. This trade represents a 0.95 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 906,050 shares of company stock valued at $77,839,329 in the last ninety days. Corporate insiders own 0.54% of the company’s stock.

Johnson Controls International Profile

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.