Johnson Controls International plc $JCI Stock Holdings Increased by SG Americas Securities LLC

SG Americas Securities LLC boosted its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 173.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,068,995 shares of the company’s stock after purchasing an additional 1,313,060 shares during the period. SG Americas Securities LLC’s holdings in Johnson Controls International were worth $270,935,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC bought a new position in shares of Johnson Controls International in the fourth quarter valued at $222,000. Acadian Asset Management LLC bought a new stake in shares of Johnson Controls International during the 1st quarter worth $55,000. Sivia Capital Partners LLC boosted its stake in shares of Johnson Controls International by 83.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 7,049 shares of the company’s stock worth $745,000 after acquiring an additional 3,203 shares in the last quarter. Jump Financial LLC grew its holdings in shares of Johnson Controls International by 3.5% in the 2nd quarter. Jump Financial LLC now owns 12,578 shares of the company’s stock worth $1,328,000 after acquiring an additional 425 shares during the last quarter. Finally, Federated Hermes Inc. grew its holdings in shares of Johnson Controls International by 120.7% in the 2nd quarter. Federated Hermes Inc. now owns 12,359 shares of the company’s stock worth $1,305,000 after acquiring an additional 6,760 shares during the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

JCI has been the topic of a number of recent analyst reports. BNP Paribas Exane began coverage on Johnson Controls International in a research report on Tuesday, April 14th. They set an “underperform” rating and a $120.00 target price on the stock. Wolfe Research reissued an “outperform” rating and issued a $171.00 price target on shares of Johnson Controls International in a research note on Wednesday, June 3rd. The Goldman Sachs Group boosted their price objective on Johnson Controls International from $169.00 to $178.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Wells Fargo & Company upped their price objective on shares of 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, Jefferies Financial Group raised their target price on shares of Johnson Controls International from $125.00 to $135.00 and gave the stock a “hold” rating in a report on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Johnson Controls International currently has a consensus rating of “Moderate Buy” and an average target price of $152.85.

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 88,809 shares of the stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the completion of the sale, the vice president directly owned 57,059 shares of the company’s stock, valued at $8,044,748.41. This trade represents a 60.88% 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 Performance

Shares of Johnson Controls International stock opened at $145.07 on Monday. The stock has a market cap of $88.51 billion, a PE ratio of 25.95, a price-to-earnings-growth ratio of 1.56 and a beta of 1.33. The business has a fifty day simple moving average of $141.48 and a 200-day simple moving average of $131.88. The company has a quick ratio of 0.85, a current ratio of 1.04 and a debt-to-equity ratio of 0.64. Johnson Controls International plc has a 12 month low of $100.86 and a 12 month high of $149.38.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Tuesday, March 31st. The company reported $1.19 earnings per share 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%. On average, sell-side analysts anticipate that Johnson Controls International plc will post 4.89 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.40 per share. 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 payout ratio is 28.62%.

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.