Peterson Wealth Services Makes New $1.05 Million Investment in Johnson Controls International plc (NYSE:JCI)

Peterson Wealth Services bought a new position in shares of Johnson Controls International plc (NYSE:JCI) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 18,199 shares of the company’s stock, valued at approximately $1,049,000.

Other hedge funds have also recently bought and sold shares of the company. M. Kulyk & Associates LLC raised its holdings in Johnson Controls International by 2.6% during the 3rd quarter. M. Kulyk & Associates LLC now owns 92,945 shares of the company’s stock worth $4,946,000 after buying an additional 2,336 shares during the period. RPG Investment Advisory LLC raised its holdings in Johnson Controls International by 19.3% during the 4th quarter. RPG Investment Advisory LLC now owns 196,559 shares of the company’s stock worth $11,330,000 after buying an additional 31,759 shares during the period. Quantbot Technologies LP raised its holdings in Johnson Controls International by 249.8% during the 3rd quarter. Quantbot Technologies LP now owns 23,934 shares of the company’s stock worth $1,274,000 after buying an additional 17,091 shares during the period. ANTIPODES PARTNERS Ltd raised its holdings in Johnson Controls International by 89.4% during the 4th quarter. ANTIPODES PARTNERS Ltd now owns 253,859 shares of the company’s stock worth $14,632,000 after buying an additional 119,844 shares during the period. Finally, Wealthspire Advisors LLC raised its holdings in shares of Johnson Controls International by 47.6% in the third quarter. Wealthspire Advisors LLC now owns 4,595 shares of the company’s stock valued at $244,000 after purchasing an additional 1,481 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently issued reports on JCI shares. Royal Bank of Canada lowered their price objective on shares of Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating on the stock in a report on Wednesday, January 31st. Melius Research reiterated a “hold” rating on shares of Johnson Controls International in a report on Tuesday, January 30th. TheStreet upgraded shares of Johnson Controls International from a “c+” rating to a “b-” rating in a report on Tuesday, December 26th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $60.00 price objective (down from $65.00) on shares of Johnson Controls International in a report on Wednesday, January 31st. Finally, Oppenheimer boosted their target price on shares of Johnson Controls International from $66.00 to $71.00 and gave the stock an “outperform” rating in a report on Thursday. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Johnson Controls International presently has a consensus rating of “Hold” and an average price target of $64.50.

Johnson Controls International Stock Performance

JCI stock traded up $0.79 during midday trading on Thursday, reaching $64.48. 468,292 shares of the company were exchanged, compared to its average volume of 5,549,081. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.97 and a quick ratio of 0.73. The business has a 50-day moving average price of $61.61 and a two-hundred day moving average price of $56.29. Johnson Controls International plc has a one year low of $47.90 and a one year high of $70.43. The firm has a market capitalization of $43.94 billion, a price-to-earnings ratio of 20.75, a price-to-earnings-growth ratio of 1.61 and a beta of 1.24.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Tuesday, January 30th. The company reported $0.51 EPS for the quarter, hitting analysts’ consensus estimates of $0.51. Johnson Controls International had a net margin of 7.85% and a return on equity of 13.08%. The firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.94 billion. During the same period in the previous year, the business posted $0.67 earnings per share. The company’s revenue for the quarter was up .4% compared to the same quarter last year. Equities research analysts forecast that Johnson Controls International plc will post 3.61 EPS for the current year.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 19th. Shareholders of record on Monday, March 25th will be given a dividend of $0.37 per share. The ex-dividend date is Friday, March 22nd. This represents a $1.48 dividend on an annualized basis and a yield of 2.30%. Johnson Controls International’s dividend payout ratio (DPR) is 48.21%.

Johnson Controls International Profile

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.