Entropy Technologies LP Purchases Shares of 77,636 Johnson Controls International plc $JCI

Entropy Technologies LP acquired a new position in shares of Johnson Controls International plc (NYSE:JCI) in the first quarter, HoldingsChannel.com reports. The firm acquired 77,636 shares of the company’s stock, valued at approximately $10,166,000.

Other hedge funds also recently modified their holdings of the company. Maseco LLP raised its holdings in Johnson Controls International by 102.9% during the fourth quarter. Maseco LLP now owns 211 shares of the company’s stock worth $25,000 after acquiring an additional 107 shares in the last quarter. Mcguire Capital Advisors Inc. acquired a new position in Johnson Controls International during the fourth quarter valued at approximately $27,000. Twin Tree Management LP grew its stake in Johnson Controls International by 140.9% in the fourth quarter. Twin Tree Management LP now owns 260 shares of the company’s stock valued at $31,000 after purchasing an additional 895 shares in the last quarter. YANKCOM Partnership acquired a new position in shares of Johnson Controls International during the 4th quarter worth approximately $34,000. Finally, Flagship Harbor Advisors LLC acquired a new position in shares of Johnson Controls International during the 4th quarter worth approximately $38,000. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Trading Up 0.0%

Shares of Johnson Controls International stock opened at $143.35 on Friday. The business has a fifty day simple moving average of $141.84 and a two-hundred day simple moving average of $136.02. Johnson Controls International plc has a 1 year low of $102.09 and a 1 year high of $151.18. The company has a market capitalization of $87.46 billion, a price-to-earnings ratio of 25.64, a P/E/G ratio of 1.54 and a beta of 1.31. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.04 and a quick ratio of 0.85.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Tuesday, March 31st. The company reported $1.19 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 forecast that Johnson Controls International plc will post 4.9 EPS for the current year.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 15th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Monday, June 15th. Johnson Controls International’s dividend payout ratio (DPR) is presently 28.62%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on JCI shares. Weiss Ratings reissued a “buy (b)” rating on shares of Johnson Controls International in a report on Tuesday, June 9th. Sanford C. Bernstein initiated coverage on shares of Johnson Controls International in a report on Tuesday, June 9th. They set an “outperform” rating and a $176.00 target price on the stock. Oppenheimer reiterated a “market perform” rating on shares of Johnson Controls International in a research note on Tuesday, June 2nd. Evercore began coverage on shares of Johnson Controls International in a research report on Monday, April 13th. They issued a “hold” rating and a $155.00 price objective for the company. Finally, HSBC boosted their price objective on shares of Johnson Controls International from $127.00 to $136.00 in a research note on Thursday, May 7th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $152.85.

Insider Buying and Selling at Johnson Controls International

In other news, VP Lei Zhang Schlitz sold 88,809 shares of Johnson Controls International stock in a transaction on Friday, May 8th. The stock was sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the completion of the sale, the vice president owned 57,059 shares of the company’s stock, valued at approximately $8,044,748.41. This trade represents a 60.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Todd M. Grabowski sold 1,800 shares of the business’s stock in a transaction dated 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 directly owned 26,215 shares of the company’s stock, valued at approximately $3,832,633. The trade was 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.

Johnson Controls International 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.