77,636 Shares in Johnson Controls International plc $JCI Purchased by Entropy Technologies LP

Entropy Technologies LP acquired a new position in shares of Johnson Controls International plc (NYSE:JCI) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 77,636 shares of the company’s stock, valued at approximately $10,166,000.

A number of other large investors also recently added to or reduced their stakes in the business. Maseco LLP raised its stake in shares of Johnson Controls International by 102.9% during the fourth quarter. Maseco LLP now owns 211 shares of the company’s stock worth $25,000 after buying an additional 107 shares during the last quarter. Mcguire Capital Advisors Inc. bought 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. YANKCOM Partnership acquired a new stake in Johnson Controls International during the 4th quarter worth $34,000. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of Johnson Controls International during the 4th quarter valued at $38,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on JCI. Morgan Stanley increased their price target on Johnson Controls International from $140.00 to $175.00 and gave the company an “overweight” rating in a research note on Tuesday, June 9th. Robert W. Baird boosted their price objective on shares of Johnson Controls International from $132.00 to $148.00 and gave the company a “neutral” rating in a report on Monday, April 27th. Wall Street Zen raised shares of Johnson Controls International from a “hold” rating to a “buy” rating in a research note on Sunday, May 3rd. Oppenheimer reissued a “market perform” rating on shares of Johnson Controls International in a research report on Tuesday, June 2nd. Finally, Wells Fargo & Company boosted their price target 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. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $152.85.

Insider Activity

In other news, VP Todd M. Grabowski sold 1,800 shares of the business’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 sale, the vice president directly owned 26,215 shares in the company, valued at $3,832,633. The trade was a 6.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Lei Zhang Schlitz sold 88,809 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $140.99, for a total value of $12,521,180.91. Following the transaction, the vice president directly owned 57,059 shares of the company’s stock, valued at $8,044,748.41. This represents a 60.88% 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 Stock Performance

Shares of JCI stock opened at $143.35 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.85 and a current ratio of 1.04. Johnson Controls International plc has a 52 week low of $102.09 and a 52 week high of $151.18. The company’s 50 day moving average price is $141.84 and its two-hundred day moving average price is $136.02. The company has a market capitalization of $87.46 billion, a P/E ratio of 25.64, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Tuesday, March 31st. The company reported $1.19 earnings per share for the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. The company had revenue of $6.14 billion during the quarter. On average, analysts expect that Johnson Controls International plc will post 4.9 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The company 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 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Monday, June 15th. Johnson Controls International’s dividend 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.