3,669 Shares in Johnson Controls International plc $JCI Bought by Collaborative Fund Advisors LLC

Collaborative Fund Advisors LLC purchased a new position in Johnson Controls International plc (NYSE:JCI) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,669 shares of the company’s stock, valued at approximately $536,000.

Several other institutional investors have also added to or reduced their stakes in JCI. 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 stake in Johnson Controls International by 140.9% in the 4th 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. 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 valued at $38,000 after purchasing an additional 254 shares during the last quarter. NBT Bank N.A. boosted its stake in shares of Johnson Controls International by 233.3% during the second quarter. NBT Bank N.A. now owns 340 shares of the company’s stock valued at $50,000 after purchasing an additional 238 shares during the period. Finally, Elevation Wealth Partners LLC boosted its stake in shares of Johnson Controls International by 359.5% during the second quarter. Elevation Wealth Partners LLC now owns 363 shares of the company’s stock valued at $53,000 after purchasing an additional 284 shares during the period. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Johnson Controls International Stock Performance

NYSE:JCI opened at $153.73 on Friday. The stock has a market cap of $93.12 billion, a P/E ratio of 26.74, a price-to-earnings-growth ratio of 1.46 and a beta of 1.31. The firm’s fifty day simple moving average is $144.91 and its 200 day simple moving average is $139.75. Johnson Controls International plc has a twelve month low of $103.07 and a twelve month high of $157.06. 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 (NYSE:JCI) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.30 by $0.12. Johnson Controls International had a net margin of 14.32% and a return on equity of 22.11%. The business had revenue of $6.61 billion during the quarter, compared to analyst estimates of $6.46 billion. During the same period in the prior year, the business earned $1.05 EPS. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. As a group, research analysts predict that Johnson Controls International plc will post 5.08 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 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Monday, June 15th. Johnson Controls International’s dividend payout ratio is presently 27.83%.

Wall Street Analyst Weigh In

JCI has been the topic of several analyst reports. Royal Bank Of Canada lifted their target price on shares of Johnson Controls International from $154.00 to $161.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 30th. Mizuho increased their price target on shares of Johnson Controls International from $130.00 to $140.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. UBS Group restated a “buy” rating on shares of Johnson Controls International in a research report on Thursday, July 30th. Robert W. Baird upped their price objective on shares of Johnson Controls International from $132.00 to $148.00 and gave the company a “neutral” rating in a research note on Monday, April 27th. Finally, Wells Fargo & Company increased their target price on shares of Johnson Controls International from $145.00 to $160.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. 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 company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $155.50.

Insider Activity

In other Johnson Controls International news, VP Todd M. Grabowski sold 1,800 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total transaction of $263,160.00. Following the sale, the vice president directly owned 26,215 shares of the company’s stock, valued at approximately $3,832,633. The trade was a 6.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Lei Zhang Schlitz sold 23,417 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $153.07, for a total value of $3,584,440.19. Following the transaction, the vice president owned 15,017 shares in the company, valued at $2,298,652.19. This trade represents a 60.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.29% of the company’s stock.

About Johnson Controls International

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.