Johnson Controls International plc $JCI Stock Holdings Increased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC grew its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 21.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 170,873 shares of the company’s stock after acquiring an additional 29,816 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Johnson Controls International were worth $20,462,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Regents Gate Capital LLP lifted its holdings in Johnson Controls International by 17.4% in the third quarter. Regents Gate Capital LLP now owns 86,144 shares of the company’s stock worth $9,472,000 after purchasing an additional 12,774 shares during the period. Bright Futures Wealth Management LLC. acquired a new position in Johnson Controls International during the 3rd quarter valued at about $583,000. Elo Mutual Pension Insurance Co raised its position in shares of Johnson Controls International by 23.7% during the 3rd quarter. Elo Mutual Pension Insurance Co now owns 75,021 shares of the company’s stock worth $8,249,000 after buying an additional 14,354 shares in the last quarter. Nordea Investment Management AB lifted its stake in shares of Johnson Controls International by 6.7% in the 4th quarter. Nordea Investment Management AB now owns 2,276,753 shares of the company’s stock worth $274,235,000 after acquiring an additional 142,429 shares during the period. Finally, Kepler Cheuvreux Suisse SA acquired a new stake in shares of Johnson Controls International in the 3rd quarter worth approximately $2,345,000. Institutional investors own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on JCI. Barclays raised their price objective on shares of Johnson Controls International from $136.00 to $144.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Wolfe Research reaffirmed an “outperform” rating and set a $171.00 price target on shares of Johnson Controls International in a research note on Wednesday, June 3rd. UBS Group boosted their price objective on Johnson Controls International from $170.00 to $180.00 and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. Morgan Stanley upped their price objective on Johnson Controls International from $130.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, March 11th. Finally, Citigroup raised their target price on Johnson Controls International from $150.00 to $155.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Eleven analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $149.79.

Insider Activity

In related news, VP Lei Zhang Schlitz sold 88,809 shares of the firm’s stock in a transaction that occurred on 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 directly owned 57,059 shares in the company, valued at approximately $8,044,748.41. This trade represents a 60.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.29% of the stock is owned by company insiders.

Johnson Controls International Stock Performance

Shares of Johnson Controls International stock opened at $144.01 on Tuesday. Johnson Controls International plc has a 12 month low of $100.86 and a 12 month high of $148.38. The company has a quick ratio of 0.85, a current ratio of 1.04 and a debt-to-equity ratio of 0.64. The stock has a market cap of $87.87 billion, a PE ratio of 25.76, a price-to-earnings-growth ratio of 1.55 and a beta of 1.33. The business has a fifty day simple moving average of $139.36 and a 200-day simple moving average of $129.99.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Tuesday, March 31st. The company reported $1.19 earnings per share for the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%.The firm had revenue of $6.14 billion for the quarter. On average, sell-side analysts anticipate that Johnson Controls International plc will post 4.86 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Monday, June 15th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Monday, June 15th. Johnson Controls International’s dividend payout ratio is 28.62%.

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.