Ethic Inc. Purchases 7,296 Shares of Johnson Controls International plc $JCI

Ethic Inc. increased its position in Johnson Controls International plc (NYSE:JCI) by 6.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 126,375 shares of the company’s stock after purchasing an additional 7,296 shares during the quarter. Ethic Inc.’s holdings in Johnson Controls International were worth $18,465,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mcguire Capital Advisors Inc. acquired a new position in Johnson Controls International in the fourth quarter valued at approximately $27,000. Twin Tree Management LP grew its holdings in Johnson Controls International by 140.9% during the 4th quarter. Twin Tree Management LP now owns 260 shares of the company’s stock worth $31,000 after acquiring an additional 895 shares during the period. SJS Investment Consulting Inc. grew its holdings in Johnson Controls International by 747.1% during the 1st 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. NBT Bank N.A. raised its position in shares of Johnson Controls International by 233.3% during the 2nd quarter. NBT Bank N.A. now owns 340 shares of the company’s stock valued at $50,000 after acquiring an additional 238 shares during the last quarter. Finally, Elevation Wealth Partners LLC raised its position in shares of Johnson Controls International by 359.5% during the 2nd quarter. Elevation Wealth Partners LLC now owns 363 shares of the company’s stock valued at $53,000 after acquiring an additional 284 shares during the last quarter. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Stock Up 1.5%

NYSE:JCI opened at $153.73 on Friday. Johnson Controls International plc has a 1 year low of $103.07 and a 1 year high of $157.06. The company has a current ratio of 1.00, a quick ratio of 0.83 and a debt-to-equity ratio of 0.61. The stock has a market cap of $93.12 billion, a price-to-earnings ratio of 26.74, a PEG ratio of 1.46 and a beta of 1.31. The stock has a 50-day moving average price of $144.91 and a two-hundred day moving average price of $139.75.

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

Johnson Controls International Announces Dividend

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

Wall Street Analyst Weigh In

JCI has been the topic of several recent research 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 raised their target price on Johnson Controls International from $130.00 to $140.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Weiss Ratings restated a “buy (b)” rating on shares of Johnson Controls International in a research report on Tuesday, June 9th. Wells Fargo & Company upped their price target on Johnson Controls International from $145.00 to $160.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, UBS Group reiterated a “buy” rating on shares of Johnson Controls International in a research report on Thursday, July 30th. Twelve research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $155.50.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, VP Todd M. Grabowski sold 1,800 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, June 9th. The shares were 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 of the company’s stock, valued at approximately $3,832,633. The trade was a 6.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Lei Zhang Schlitz sold 23,417 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $153.07, for a total transaction of $3,584,440.19. Following the completion of the transaction, the vice president owned 15,017 shares of the company’s stock, valued at $2,298,652.19. This trade represents a 60.93% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.29% of the company’s stock.

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.