Wealthfront Advisers LLC Raises Stock Holdings in Johnson Controls International plc $JCI

Wealthfront Advisers LLC lifted its stake in Johnson Controls International plc (NYSE:JCI) by 9.4% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,718 shares of the company’s stock after buying an additional 6,263 shares during the quarter. Wealthfront Advisers LLC’s holdings in Johnson Controls International were worth $9,522,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in JCI. Maseco LLP increased its holdings in Johnson Controls International by 102.9% in the 4th quarter. Maseco LLP now owns 211 shares of the company’s stock worth $25,000 after acquiring an additional 107 shares in the last quarter. Mcguire Capital Advisors Inc. purchased a new position in Johnson Controls International during the fourth quarter valued at approximately $27,000. Roxbury Financial LLC boosted its position in shares of Johnson Controls International by 71.9% in the fourth quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares during the period. Twin Tree Management LP boosted its position 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 worth $31,000 after purchasing an additional 895 shares during the period. Finally, YANKCOM Partnership bought a new position in shares of Johnson Controls International in the fourth quarter worth approximately $34,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Johnson Controls International Trading Down 0.6%

Shares of NYSE JCI opened at $140.45 on Friday. The business’s 50 day moving average is $141.92 and its two-hundred day moving average is $135.28. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.04 and a quick ratio of 0.85. Johnson Controls International plc has a 1-year low of $102.09 and a 1-year high of $151.18. The stock has a market capitalization of $85.69 billion, a P/E ratio of 25.13, a PEG ratio of 1.51 and a beta of 1.31.

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

Johnson Controls International Announces Dividend

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 28.62%.

Analyst Ratings Changes

JCI has been the topic of a number of recent analyst reports. Wells Fargo & Company raised their price target on Johnson Controls International from $145.00 to $160.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Johnson Controls International in a research note on Tuesday, June 9th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $154.00 price objective on shares of Johnson Controls International in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. increased their target price on Johnson Controls International from $158.00 to $162.00 in a research report on Thursday, May 7th. Finally, UBS Group lifted their target price on Johnson Controls International from $170.00 to $180.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $152.85.

Insider Activity

In related news, VP Lei Zhang Schlitz sold 88,809 shares of Johnson Controls International stock in a transaction dated Friday, May 8th. The shares were 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 owned 57,059 shares in the company, valued at $8,044,748.41. This trade represents a 60.88% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, 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 transaction 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 approximately $3,832,633. This trade represents a 6.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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.