Calamos Advisors LLC Buys 183,658 Shares of Johnson Controls International plc $JCI

Calamos Advisors LLC boosted its stake in Johnson Controls International plc (NYSE:JCI) by 62.3% during the third quarter, Holdings Channel.com reports. The firm owned 478,384 shares of the company’s stock after buying an additional 183,658 shares during the period. Calamos Advisors LLC’s holdings in Johnson Controls International were worth $71,112,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. State Street Corp increased its position in shares of Johnson Controls International by 2.2% in the second quarter. State Street Corp now owns 28,283,873 shares of the company’s stock valued at $4,143,674,000 after acquiring an additional 621,319 shares during the period. Amundi grew its stake in shares of Johnson Controls International by 157.2% in the first quarter. Amundi now owns 5,965,212 shares of the company’s stock worth $781,145,000 after purchasing an additional 3,646,047 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Johnson Controls International by 28.3% in the first quarter. First Trust Advisors LP now owns 5,761,677 shares of the company’s stock worth $754,492,000 after purchasing an additional 1,270,849 shares during the last quarter. Pictet Asset Management Holding SA grew its stake in shares of Johnson Controls International by 0.9% in the second quarter. Pictet Asset Management Holding SA now owns 2,331,718 shares of the company’s stock worth $340,501,000 after purchasing an additional 20,780 shares during the last quarter. Finally, Hsbc Holdings PLC increased its holdings in Johnson Controls International by 702.5% during the 1st quarter. Hsbc Holdings PLC now owns 1,962,770 shares of the company’s stock valued at $256,820,000 after purchasing an additional 1,718,179 shares during the period. 90.05% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Johnson Controls International news, Director Juergen Tinggren sold 4,000 shares of the company’s stock in a transaction dated Wednesday, October 28th. The shares were sold at an average price of $159.19, for a total value of $636,760.00. Following the sale, the director owned 27,236 shares in the company, valued at approximately $4,335,698.84. This represents a 12.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.29% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

JCI has been the subject of a number of recent analyst reports. Wall Street Zen lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Mizuho lifted their price objective on Johnson Controls International from $150.00 to $165.00 and gave the stock a “neutral” rating in a research report on Thursday, October 15th. Weiss Ratings raised Johnson Controls International from a “buy (b)” rating to a “buy (a)” rating in a research note on Thursday, October 8th. The Goldman Sachs Group upped their target price on Johnson Controls International from $186.00 to $191.00 and gave the company a “buy” rating in a report on Wednesday, September 30th. Finally, Royal Bank Of Canada raised their price target on Johnson Controls International from $161.00 to $165.00 and gave the stock a “sector perform” rating in a research note on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $166.86.

Johnson Controls International Stock Up 2.5%

Johnson Controls International stock traded up $3.32 during trading hours on Friday, hitting $134.78. 5,876,701 shares of the stock traded hands, compared to its average volume of 4,000,764. The firm’s 50-day moving average price is $147.11 and its two-hundred day moving average price is $141.47. The company has a current ratio of 0.90, a quick ratio of 0.75 and a debt-to-equity ratio of 0.55. The company has a market cap of $81.64 billion, a PE ratio of 28.80, a PEG ratio of 1.15 and a beta of 1.27. Johnson Controls International plc has a one year low of $108.41 and a one year high of $160.41.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Tuesday, October 27th. The company reported $1.66 EPS for the quarter, beating the consensus estimate of $1.59 by $0.07. Johnson Controls International had a return on equity of 23.38% and a net margin of 11.12%. The business had revenue of $7.11 billion during the quarter, compared to analyst estimates of $7.04 billion. During the same quarter last year, the firm posted $1.26 earnings per share. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. On average, research analysts forecast that Johnson Controls International plc will post 6.28 EPS for the current year.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Monday, September 21st were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $1.60 annualized dividend and a yield of 1.2%. Johnson Controls International’s payout ratio is presently 34.19%.

Johnson Controls International Company Profile

Johnson Controls International plc develops building technologies, products and services for commercial, industrial and institutional customers. Its offerings include heating, ventilation and air conditioning (HVAC) equipment, building automation and controls, fire detection and suppression systems, and security solutions. The company also provides maintenance, modernization and other services to help customers manage building operations.

Its products and services support facilities such as offices, hospitals, schools, data centers and manufacturing sites.