Johnson Controls International plc $JCI Shares Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC increased its stake in shares of Johnson Controls International plc (NYSE:JCI) by 127.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,827 shares of the company’s stock after buying an additional 4,392 shares during the quarter. Proficio Capital Partners LLC’s holdings in Johnson Controls International were worth $1,144,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Mcguire Capital Advisors Inc. purchased a new stake in Johnson Controls International during the 4th quarter valued at about $27,000. Twin Tree Management LP increased 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 purchasing an additional 895 shares during the period. Fourth Dimension Wealth LLC raised its stake in shares of Johnson Controls International by 51.3% in the second quarter. Fourth Dimension Wealth LLC now owns 230 shares of the company’s stock worth $34,000 after purchasing an additional 78 shares during the last quarter. First Bancorp Inc ME purchased a new position in shares of Johnson Controls International in the second quarter worth about $34,000. Finally, SJS Investment Consulting Inc. lifted its holdings in shares of 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 purchasing an additional 254 shares during the period. 90.05% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International Trading Up 0.8%

Shares of NYSE:JCI opened at $139.37 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 0.83 and a debt-to-equity ratio of 0.61. Johnson Controls International plc has a 12-month low of $103.82 and a 12-month high of $157.06. The business has a 50 day moving average of $144.69 and a two-hundred day moving average of $141.23. The company has a market capitalization of $84.42 billion, a PE ratio of 24.24, a PEG ratio of 1.33 and a beta of 1.29.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.12. The business had revenue of $6.61 billion for the quarter, compared to analysts’ expectations of $6.46 billion. Johnson Controls International had a net margin of 14.32% and a return on equity of 22.11%. The business’s revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the company earned $1.05 EPS. As a group, analysts forecast that Johnson Controls International plc will post 5.08 EPS for the current year.

Insider Buying and Selling 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 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 completion of 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Lei Zhang Schlitz sold 23,417 shares of the company’s stock in a transaction dated 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 transaction, the vice president owned 15,017 shares of the company’s stock, valued at approximately $2,298,652.19. This trade represents a 60.93% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.29% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on JCI shares. HSBC increased their price target on shares of Johnson Controls International from $127.00 to $136.00 in a report on Thursday, May 7th. Wolfe Research restated an “outperform” rating and set a $171.00 price objective on shares of Johnson Controls International in a research note on Wednesday, June 3rd. 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 report on Thursday, May 7th. Wall Street Zen lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, Mizuho raised their target price on shares of Johnson Controls International from $130.00 to $140.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Twelve research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $155.50.

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.