50,798 Shares in Johnson Controls International plc $JCI Purchased by Great Lakes Advisors LLC

Great Lakes Advisors LLC acquired a new position in shares of Johnson Controls International plc (NYSE:JCI) during the 2nd quarter, Holdings Channel reports. The fund acquired 50,798 shares of the company’s stock, valued at approximately $7,422,000.

Several other institutional investors have also modified their holdings of JCI. Mcguire Capital Advisors Inc. purchased a new position in shares of Johnson Controls International in the 4th quarter worth approximately $27,000. Fourth Dimension Wealth LLC raised its holdings in Johnson Controls International by 51.3% during the 2nd quarter. Fourth Dimension Wealth LLC now owns 230 shares of the company’s stock valued at $34,000 after buying an additional 78 shares during the period. Twin Tree Management LP raised 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 valued at $31,000 after buying an additional 895 shares during the period. Axiom Investment Management LLC bought a new stake in Johnson Controls International in the second quarter worth $41,000. Finally, SJS Investment Consulting Inc. lifted its position in Johnson Controls International by 747.1% in the first quarter. SJS Investment Consulting Inc. now owns 288 shares of the company’s stock worth $38,000 after buying an additional 254 shares during the last quarter. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Price Performance

JCI opened at $144.91 on Thursday. The business has a fifty day moving average of $145.26 and a 200 day moving average of $140.59. The stock has a market cap of $87.78 billion, a P/E ratio of 25.20, a PEG ratio of 1.44 and a beta of 1.31. The company has a quick ratio of 0.83, a current ratio of 1.00 and a debt-to-equity ratio of 0.61. Johnson Controls International plc has a 52-week low of $103.65 and a 52-week high of $157.06.

Johnson Controls International (NYSE:JCI) last released its earnings results on Thursday, July 30th. The company reported $1.42 earnings per share 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 business 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. The business’s revenue was up 9.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that Johnson Controls International plc will post 5.08 EPS for the current year.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 15th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Monday, June 15th. Johnson Controls International’s dividend payout ratio (DPR) is currently 27.83%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on JCI. Royal Bank Of Canada boosted their price objective on shares of Johnson Controls International from $154.00 to $161.00 and gave the company a “sector perform” rating in a research report on Thursday, July 30th. Barclays raised 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. Wolfe Research reaffirmed an “outperform” rating and set a $171.00 price target on shares of Johnson Controls International in a research note on Wednesday, June 3rd. UBS Group reiterated a “buy” rating on shares of Johnson Controls International in a report on Thursday, July 30th. Finally, Zacks Research lowered shares of Johnson Controls International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. Twelve analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Johnson Controls International presently has an average rating of “Hold” and an average target price of $155.50.

Insider Activity

In other Johnson Controls International news, VP Todd M. Grabowski sold 1,800 shares of the business’s stock in a transaction dated 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 sale, the vice president directly owned 26,215 shares of the company’s stock, valued at $3,832,633. The trade was a 6.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 in the company, valued at $2,298,652.19. This represents a 60.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.29% of the company’s stock.

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.