Capital World Investors Sells 2,007,049 Shares of Johnson Controls International plc $JCI

Capital World Investors decreased its position in Johnson Controls International plc (NYSE:JCI) by 26.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,528,427 shares of the company’s stock after selling 2,007,049 shares during the quarter. Capital World Investors’ holdings in Johnson Controls International were worth $662,029,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in JCI. Maseco LLP raised its holdings in Johnson Controls International by 102.9% in the fourth quarter. Maseco LLP now owns 211 shares of the company’s stock worth $25,000 after purchasing an additional 107 shares in the last quarter. Roxbury Financial LLC raised its holdings in Johnson Controls International by 71.9% in the fourth quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares in the last quarter. YANKCOM Partnership purchased a new stake in shares of Johnson Controls International in the fourth quarter worth $34,000. Dunhill Financial LLC grew its stake in shares of Johnson Controls International by 123.3% in the third quarter. Dunhill Financial LLC now owns 335 shares of the company’s stock worth $37,000 after acquiring an additional 185 shares during the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of Johnson Controls International in the fourth quarter worth $38,000. Institutional investors own 90.05% of the company’s stock.

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 dated 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 transaction, the vice president directly 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.29% of the company’s stock.

Johnson Controls International Trading Up 0.0%

Shares of NYSE:JCI opened at $143.71 on Monday. The stock has a market capitalization of $87.68 billion, a price-to-earnings ratio of 25.71, a PEG ratio of 1.55 and a beta of 1.33. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.85 and a current ratio of 1.04. The stock’s 50-day simple moving average is $139.11 and its two-hundred day simple moving average is $129.79. Johnson Controls International plc has a 52-week low of $100.86 and a 52-week high of $148.38.

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

Johnson Controls International Dividend Announcement

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

Analyst Upgrades and Downgrades

JCI has been the topic of several recent analyst reports. Barclays increased their price objective on Johnson Controls International from $136.00 to $144.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. Wolfe Research reaffirmed an “outperform” rating and set a $171.00 price objective on shares of Johnson Controls International in a research report on Wednesday. Oppenheimer reaffirmed a “market perform” rating on shares of Johnson Controls International in a research report on Tuesday, June 2nd. Rothschild & Co Redburn increased their price objective on Johnson Controls International from $137.00 to $150.00 and gave the company a “buy” rating in a research report on Monday, February 9th. Finally, JPMorgan Chase & Co. increased their price objective on Johnson Controls International from $158.00 to $162.00 in a research report on Thursday, May 7th. Eleven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $149.79.

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.