WINTON GROUP Ltd Decreases Holdings in Johnson Controls International plc $JCI

WINTON GROUP Ltd trimmed its holdings in Johnson Controls International plc (NYSE:JCI) by 60.3% in the second quarter, HoldingsChannel reports. The fund owned 22,900 shares of the company’s stock after selling 34,741 shares during the period. WINTON GROUP Ltd’s holdings in Johnson Controls International were worth $3,346,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. California State Teachers Retirement System lifted its stake in Johnson Controls International by 13,757.3% in the second quarter. California State Teachers Retirement System now owns 135,035,593 shares of the company’s stock worth $19,730,050,000 after purchasing an additional 134,061,119 shares during the last quarter. State Street Corp grew its stake in shares of Johnson Controls International by 0.6% during the third quarter. State Street Corp now owns 28,684,645 shares of the company’s stock valued at $3,165,286,000 after buying an additional 163,167 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of Johnson Controls International by 3.3% in the fourth quarter. Franklin Resources Inc. now owns 22,655,105 shares of the company’s stock worth $2,712,949,000 after buying an additional 718,245 shares during the period. Fisher Asset Management LLC increased its holdings in shares of Johnson Controls International by 1.7% in the fourth quarter. Fisher Asset Management LLC now owns 17,239,953 shares of the company’s stock worth $2,064,485,000 after buying an additional 280,704 shares during the period. Finally, Invesco Ltd. lifted its stake in shares of Johnson Controls International by 13.0% in the 4th quarter. Invesco Ltd. now owns 16,003,486 shares of the company’s stock valued at $1,916,417,000 after acquiring an additional 1,837,220 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on JCI. Oppenheimer restated a “market perform” rating on shares of Johnson Controls International in a report on Tuesday, June 2nd. Morgan Stanley boosted their price objective on Johnson Controls International from $175.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, September 2nd. Sanford C. Bernstein increased their price objective on Johnson Controls International from $173.00 to $190.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Zacks Research cut shares of Johnson Controls International from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 6th. Finally, Wall Street Zen downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Twelve research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $155.75.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Lei 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 transaction of $3,584,440.19. Following the transaction, the vice president owned 15,017 shares in the company, valued at approximately $2,298,652.19. This represents a 60.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.29% of the company’s stock.

Johnson Controls International Stock Up 2.3%

Shares of NYSE JCI opened at $146.12 on Friday. The firm has a fifty day simple moving average of $144.92 and a two-hundred day simple moving average of $141.41. Johnson Controls International plc has a 12 month low of $104.49 and a 12 month high of $157.06. The company has a current ratio of 1.00, a quick ratio of 0.83 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $88.51 billion, a PE ratio of 25.41, a price-to-earnings-growth ratio of 1.37 and a beta of 1.29.

Johnson Controls International (NYSE:JCI) last announced its earnings results on Thursday, July 30th. The company reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $6.61 billion for the quarter, compared to analyst estimates of $6.46 billion. During the same quarter in the previous year, the firm posted $1.05 EPS. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year. Equities analysts expect that Johnson Controls International plc will post 5.08 earnings per share for the current year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Monday, September 21st will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Monday, September 21st. Johnson Controls International’s payout ratio is presently 27.83%.

Johnson Controls International Company Profile

Johnson Controls International plc (NYSE:JCI) is a global company focused on building technologies and solutions that improve the efficiency, safety and sustainability of buildings. Its offerings include heating, ventilation and air-conditioning systems, building automation and controls, fire detection and suppression equipment, security systems, and related digital technologies and services.

The company serves commercial, institutional, industrial and residential customers, helping organizations manage building operations, energy use, indoor air quality and physical security.