NEOS Investment Management LLC Has $14.54 Million Stock Position in Johnson Controls International plc $JCI

NEOS Investment Management LLC lifted its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 9.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 99,527 shares of the company’s stock after acquiring an additional 8,630 shares during the period. NEOS Investment Management LLC’s holdings in Johnson Controls International were worth $14,542,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Mcguire Capital Advisors Inc. purchased a new stake in shares of Johnson Controls International in the fourth quarter worth approximately $27,000. Twin Tree Management LP boosted its position in shares of Johnson Controls International by 140.9% during the fourth 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 last quarter. Fourth Dimension Wealth LLC grew its holdings in Johnson Controls International by 51.3% during the second quarter. Fourth Dimension Wealth LLC now owns 230 shares of the company’s stock worth $34,000 after buying an additional 78 shares in the last quarter. First Bancorp Inc ME bought a new stake in Johnson Controls International during the second quarter worth $34,000. Finally, SJS Investment Consulting Inc. raised its position in Johnson Controls International by 747.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 288 shares of the company’s stock valued at $38,000 after buying an additional 254 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Morgan Stanley raised their price objective on Johnson Controls International from $175.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday. Weiss Ratings reissued a “buy (b)” rating on shares of Johnson Controls International in a research report on Tuesday, June 9th. Citigroup boosted their price target on shares of Johnson Controls International from $155.00 to $157.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. The Goldman Sachs Group upped their price objective on shares of Johnson Controls International from $169.00 to $178.00 and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. Finally, Wolfe Research reiterated an “outperform” rating and issued a $171.00 price objective on shares of Johnson Controls International in a research note on Wednesday, June 3rd. Twelve analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $155.75.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Todd M. Grabowski sold 1,800 shares of the business’s stock in a transaction on 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 filing with the SEC, which is available through the SEC website. Also, VP Lei Schlitz sold 23,417 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $153.07, for a total value of $3,584,440.19. Following the transaction, the vice president directly owned 15,017 shares in the company, valued at $2,298,652.19. This represents a 60.93% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.29% of the stock is currently owned by corporate insiders.

Johnson Controls International Stock Up 1.9%

JCI opened at $144.87 on Friday. The company has a quick ratio of 0.83, a current ratio of 1.00 and a debt-to-equity ratio of 0.61. The stock has a market cap of $87.75 billion, a price-to-earnings ratio of 25.19, a PEG ratio of 1.37 and a beta of 1.29. Johnson Controls International plc has a twelve month low of $104.03 and a twelve month high of $157.06. The company’s 50-day moving average price is $144.69 and its two-hundred day moving average price is $141.29.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Thursday, July 30th. The company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.12. The company had revenue of $6.61 billion during the quarter, compared to analyst estimates of $6.46 billion. Johnson Controls International had a net margin of 14.32% and a return on equity of 22.11%. Johnson Controls International’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.05 EPS. As a group, equities analysts expect that Johnson Controls International plc will post 5.08 earnings per share for the current year.

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.