300,589 Johnson Controls International plc $JCI Shares Purchased by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. raised its position in Johnson Controls International plc (NYSE:JCI) by 26.5% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 1,436,501 shares of the company’s stock after purchasing an additional 300,589 shares during the period. Eurizon Capital SGR S.p.A.’s holdings in Johnson Controls International were worth $213,901,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. State Street Corp grew its holdings in shares of Johnson Controls International by 2.2% during the second quarter. State Street Corp now owns 28,283,873 shares of the company’s stock worth $4,143,674,000 after buying an additional 621,319 shares in the last quarter. Amundi raised its position in shares of Johnson Controls International by 157.2% in the first quarter. Amundi now owns 5,965,212 shares of the company’s stock valued at $781,145,000 after buying an additional 3,646,047 shares during the last quarter. First Trust Advisors LP lifted its stake in shares of Johnson Controls International by 28.3% in the first quarter. First Trust Advisors LP now owns 5,761,677 shares of the company’s stock worth $754,492,000 after buying an additional 1,270,849 shares in the last quarter. Pictet Asset Management Holding SA lifted its stake in shares of Johnson Controls International by 0.9% in the second quarter. Pictet Asset Management Holding SA now owns 2,331,718 shares of the company’s stock worth $340,501,000 after buying an additional 20,780 shares in the last quarter. Finally, Hsbc Holdings PLC lifted its stake in shares of Johnson Controls International by 702.5% in the first quarter. Hsbc Holdings PLC now owns 1,962,770 shares of the company’s stock worth $256,820,000 after buying an additional 1,718,179 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Stock Down 1.4%

Shares of NYSE:JCI opened at $142.63 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.90 and a debt-to-equity ratio of 0.55. The business has a fifty day moving average of $147.38 and a two-hundred day moving average of $142.03. The stock has a market cap of $86.39 billion, a P/E ratio of 28.02, a PEG ratio of 1.47 and a beta of 1.27. Johnson Controls International plc has a 52-week low of $108.41 and a 52-week high of $160.41.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Tuesday, October 27th. The company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.07. Johnson Controls International had a return on equity of 23.38% and a net margin of 11.12%. The business had revenue of $7.11 billion during the quarter, compared to the consensus estimate of $7.04 billion. During the same period last year, the company earned $1.26 EPS. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. On average, research analysts expect that Johnson Controls International plc will post 6.29 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Monday, September 21st were issued a $0.40 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. Johnson Controls International’s dividend payout ratio is currently 34.19%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on JCI. Argus set a $175.00 price target on shares of Johnson Controls International in a research report on Friday, August 7th. Zacks Research downgraded shares of Johnson Controls International from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 6th. Wall Street Zen downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings lowered shares of Johnson Controls International from a “buy (a)” rating to a “buy (a-)” rating in a research note on Monday. Finally, Citigroup boosted their target price on Johnson Controls International from $170.00 to $172.00 and gave the stock a “neutral” rating in a report on Wednesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $166.76.

Insider Transactions at Johnson Controls International

In related news, Director Juergen Tinggren sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, October 28th. The shares were sold at an average price of $159.19, for a total transaction of $636,760.00. Following the completion of the sale, the director directly owned 27,236 shares in the company, valued at approximately $4,335,698.84. This trade represents a 12.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.29% of the company’s stock.

Johnson Controls International Profile

Johnson Controls International plc develops building technologies, products and services for commercial, industrial and institutional customers. Its offerings include heating, ventilation and air conditioning (HVAC) equipment, building automation and controls, fire detection and suppression systems, and security solutions. The company also provides maintenance, modernization and other services to help customers manage building operations. Its products and services support facilities such as offices, hospitals, schools, data centers and manufacturing sites.