Catalyst Funds Management Pty Ltd Purchases 17,700 Shares of Johnson Controls International plc $JCI

Catalyst Funds Management Pty Ltd increased its position in Johnson Controls International plc (NYSE:JCI) by 536.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,000 shares of the company’s stock after purchasing an additional 17,700 shares during the quarter. Catalyst Funds Management Pty Ltd’s holdings in Johnson Controls International were worth $2,515,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of JCI. Viking Global Investors LP boosted its position in Johnson Controls International by 368.5% during the 3rd quarter. Viking Global Investors LP now owns 6,796,942 shares of the company’s stock valued at $747,324,000 after acquiring an additional 5,346,130 shares in the last quarter. Ameriprise Financial Inc. boosted its position in Johnson Controls International by 140.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,575,414 shares of the company’s stock valued at $483,281,000 after acquiring an additional 2,675,157 shares in the last quarter. First Trust Advisors LP boosted its position in Johnson Controls International by 23.3% during the 3rd quarter. First Trust Advisors LP now owns 3,519,724 shares of the company’s stock valued at $386,994,000 after acquiring an additional 665,782 shares in the last quarter. Man Group plc boosted its position in Johnson Controls International by 148.1% during the 2nd quarter. Man Group plc now owns 832,921 shares of the company’s stock valued at $87,973,000 after acquiring an additional 497,221 shares in the last quarter. Finally, Interval Partners LP boosted its position in Johnson Controls International by 793.0% during the 3rd quarter. Interval Partners LP now owns 513,401 shares of the company’s stock valued at $56,448,000 after acquiring an additional 455,907 shares in the last quarter. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Up 2.2%

Johnson Controls International stock opened at $138.51 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.04 and a quick ratio of 0.85. The stock has a market capitalization of $84.51 billion, a price-to-earnings ratio of 24.78, a PEG ratio of 1.52 and a beta of 1.37. Johnson Controls International plc has a 1-year low of $96.31 and a 1-year high of $147.32. The business has a fifty day moving average price of $137.64 and a 200-day moving average price of $128.25.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Tuesday, March 31st. The company reported $1.19 earnings per share for the quarter. The firm had revenue of $6.14 billion during the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%. Equities research analysts forecast that Johnson Controls International plc will post 4.87 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Monday, March 16th were paid a $0.40 dividend. The ex-dividend date was Monday, March 16th. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. Johnson Controls International’s dividend payout ratio (DPR) is 28.62%.

Insiders Place Their Bets

In related news, VP Lei Zhang Schlitz sold 88,809 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $140.99, for a total value of $12,521,180.91. Following the completion of the transaction, the vice president owned 57,059 shares in the company, valued at $8,044,748.41. This trade represents a 60.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Daniel C. Mcconeghy sold 3,600 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $142.56, for a total value of $513,216.00. Following the completion of the transaction, the vice president owned 24,273 shares of the company’s stock, valued at $3,460,358.88. This trade represents a 12.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.29% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on JCI shares. Wall Street Zen raised Johnson Controls International from a “hold” rating to a “buy” rating in a research report on Sunday, May 3rd. The Goldman Sachs Group increased their target price on Johnson Controls International from $154.00 to $158.00 and gave the company a “buy” rating in a research report on Tuesday, April 7th. UBS Group increased their target price on Johnson Controls International from $160.00 to $170.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Citigroup increased their target price on Johnson Controls International from $150.00 to $155.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Finally, HSBC increased their target price on Johnson Controls International from $127.00 to $136.00 in a research report on Thursday, May 7th. Eleven 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 stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $147.63.

Johnson Controls International Company 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.