Johnson Controls International plc $JCI Position Boosted by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. boosted its holdings in Johnson Controls International plc (NYSE:JCI) by 3.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 270,360 shares of the company’s stock after acquiring an additional 9,065 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Johnson Controls International were worth $39,502,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Mcguire Capital Advisors Inc. bought a new position in shares of Johnson Controls International in the fourth quarter valued at approximately $27,000. Twin Tree Management LP lifted its holdings in shares of 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 buying an additional 895 shares during the period. Axiom Investment Management LLC bought a new position in Johnson Controls International during the second quarter valued at about $41,000. SJS Investment Consulting Inc. grew its holdings in Johnson Controls International by 747.1% during the first quarter. SJS Investment Consulting Inc. now owns 288 shares of the company’s stock worth $38,000 after acquiring an additional 254 shares during the period. Finally, NBT Bank N.A. grew its holdings in Johnson Controls International by 233.3% during the second quarter. NBT Bank N.A. now owns 340 shares of the company’s stock worth $50,000 after acquiring an additional 238 shares during the period. Institutional investors own 90.05% of the company’s stock.

Insider Activity

In other news, VP Todd M. Grabowski sold 1,800 shares of the company’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total value of $263,160.00. Following the transaction, the vice president owned 26,215 shares in the company, valued at $3,832,633. This represents a 6.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Lei Zhang Schlitz sold 23,417 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $153.07, for a total transaction of $3,584,440.19. Following the completion of the sale, the vice president directly owned 15,017 shares of the company’s stock, valued at $2,298,652.19. This trade represents a 60.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.29% of the company’s stock.

Johnson Controls International Stock Up 1.5%

JCI stock opened at $153.73 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.00 and a quick ratio of 0.83. The firm has a market capitalization of $93.12 billion, a P/E ratio of 26.74, a P/E/G ratio of 1.46 and a beta of 1.31. Johnson Controls International plc has a 52-week low of $103.07 and a 52-week high of $157.06. The company’s 50 day simple moving average is $144.91 and its 200-day simple moving average is $139.75.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.12. Johnson Controls International had a net margin of 14.32% and a return on equity of 22.11%. The firm had revenue of $6.61 billion for the quarter, compared to analysts’ expectations of $6.46 billion. During the same period in the previous year, the company posted $1.05 EPS. The company’s quarterly revenue was up 9.3% compared to the same quarter last year. As a group, equities research analysts anticipate that Johnson Controls International plc will post 5.08 EPS for the current year.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Monday, June 15th were given a dividend of $0.40 per share. The ex-dividend date was Monday, June 15th. This represents a $1.60 dividend on an annualized basis and a yield of 1.0%. Johnson Controls International’s dividend payout ratio (DPR) is presently 27.83%.

Analyst Ratings Changes

JCI has been the subject of a number of research analyst reports. Royal Bank Of Canada upped their price target on shares of Johnson Controls International from $154.00 to $161.00 and gave the company a “sector perform” rating in a report on Thursday, July 30th. Barclays boosted their target price on shares of Johnson Controls International from $136.00 to $144.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. HSBC increased their target price on shares of Johnson Controls International from $127.00 to $136.00 in a research note on Thursday, May 7th. UBS Group restated a “buy” rating on shares of Johnson Controls International in a research report on Thursday, July 30th. Finally, Zacks Research downgraded Johnson Controls International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. Twelve investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Johnson Controls International has a consensus rating of “Hold” and an average target price of $155.50.

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.