National Pension Service Sells 38,977 Shares of Johnson Controls International plc $JCI

National Pension Service lowered its stake in Johnson Controls International plc (NYSE:JCI) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,106,447 shares of the company’s stock after selling 38,977 shares during the quarter. National Pension Service’s holdings in Johnson Controls International were worth $252,247,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Regents Gate Capital LLP raised its holdings in Johnson Controls International by 17.4% in the 3rd quarter. Regents Gate Capital LLP now owns 86,144 shares of the company’s stock valued at $9,472,000 after buying an additional 12,774 shares during the last quarter. Bright Futures Wealth Management LLC. bought a new position in Johnson Controls International in the 3rd quarter valued at approximately $583,000. Elo Mutual Pension Insurance Co raised its holdings in Johnson Controls International by 23.7% in the 3rd quarter. Elo Mutual Pension Insurance Co now owns 75,021 shares of the company’s stock valued at $8,249,000 after buying an additional 14,354 shares during the last quarter. Nordea Investment Management AB raised its holdings in Johnson Controls International by 6.7% in the 4th quarter. Nordea Investment Management AB now owns 2,276,753 shares of the company’s stock valued at $274,235,000 after buying an additional 142,429 shares during the last quarter. Finally, Caprock Group LLC bought a new position in Johnson Controls International in the 3rd quarter valued at approximately $3,828,000. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Down 1.5%

Johnson Controls International stock opened at $134.05 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.85 and a current ratio of 1.04. Johnson Controls International plc has a 52-week low of $99.11 and a 52-week high of $147.32. The firm has a 50 day moving average price of $138.21 and a two-hundred day moving average price of $128.93. The firm has a market cap of $81.78 billion, a price-to-earnings ratio of 23.98, a PEG ratio of 1.47 and a beta of 1.37.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Tuesday, March 31st. The company reported $1.19 earnings per share (EPS) for the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. The firm had revenue of $6.14 billion during the quarter. Equities analysts predict that Johnson Controls International plc will post 4.86 EPS for the current year.

Johnson Controls International Dividend Announcement

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

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 88,809 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the completion of the transaction, the vice president owned 57,059 shares in the company, valued at approximately $8,044,748.41. This trade represents a 60.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on JCI shares. Citigroup raised their price objective on shares of Johnson Controls International from $150.00 to $155.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Mizuho raised their price objective on shares of Johnson Controls International from $130.00 to $140.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Barclays raised their price objective on shares of Johnson Controls International from $136.00 to $144.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. Robert W. Baird raised their price objective on shares of Johnson Controls International from $132.00 to $148.00 and gave the company a “neutral” rating in a report on Monday, April 27th. Finally, BNP Paribas Exane started coverage on shares of Johnson Controls International in a report on Tuesday, April 14th. They issued an “underperform” rating and a $120.00 price objective for the company. Eleven analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus 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.