Vanguard Personalized Indexing Management LLC Boosts Stake in Johnson Controls International plc $JCI

Vanguard Personalized Indexing Management LLC grew its stake in Johnson Controls International plc (NYSE:JCI) by 4.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 95,456 shares of the company’s stock after buying an additional 4,131 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Johnson Controls International were worth $11,431,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in JCI. Brighton Jones LLC purchased a new position in shares of Johnson Controls International in the fourth quarter worth $222,000. Acadian Asset Management LLC purchased a new position in shares of Johnson Controls International in the first quarter worth $55,000. Sivia Capital Partners LLC raised its holdings in shares of Johnson Controls International by 83.3% in the second quarter. Sivia Capital Partners LLC now owns 7,049 shares of the company’s stock worth $745,000 after buying an additional 3,203 shares during the last quarter. Jump Financial LLC raised its holdings in shares of Johnson Controls International by 3.5% in the second quarter. Jump Financial LLC now owns 12,578 shares of the company’s stock worth $1,328,000 after buying an additional 425 shares during the last quarter. Finally, Federated Hermes Inc. raised its holdings in shares of Johnson Controls International by 120.7% in the second quarter. Federated Hermes Inc. now owns 12,359 shares of the company’s stock worth $1,305,000 after buying an additional 6,760 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Insiders Place Their Bets

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 88,809 shares of Johnson Controls International stock in a transaction on Friday, May 8th. The shares were sold at an average price of $140.99, for a total value of $12,521,180.91. Following the completion of the transaction, the vice president owned 57,059 shares of the company’s stock, valued at approximately $8,044,748.41. The trade was a 60.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Todd M. Grabowski sold 1,800 shares of Johnson Controls International stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $146.20, for a total transaction of $263,160.00. Following the completion of the sale, the vice president owned 26,215 shares in the company, valued at approximately $3,832,633. This trade represents a 6.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is currently owned by insiders.

Analyst Ratings Changes

JCI has been the subject of a number of research analyst reports. Evercore initiated coverage on shares of Johnson Controls International in a report on Monday, April 13th. They issued a “hold” rating and a $155.00 price target for the company. Mizuho raised their target price on shares of Johnson Controls International from $130.00 to $140.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. JPMorgan Chase & Co. raised their target price on shares of Johnson Controls International from $158.00 to $162.00 in a report on Thursday, May 7th. Jefferies Financial Group raised their target price on shares of Johnson Controls International from $125.00 to $135.00 and gave the stock a “hold” rating in a report on Wednesday, April 15th. Finally, Wall Street Zen raised shares of Johnson Controls International from a “hold” rating to a “buy” rating in a report on Sunday, May 3rd. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $152.85.

Johnson Controls International Stock Up 0.8%

JCI opened at $146.10 on Tuesday. Johnson Controls International plc has a fifty-two week low of $100.86 and a fifty-two week high of $149.23. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.85 and a current ratio of 1.04. The company has a fifty day moving average of $140.67 and a two-hundred day moving average of $131.07. The stock has a market capitalization of $89.14 billion, a price-to-earnings ratio of 26.14, a PEG ratio of 1.57 and a beta of 1.33.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Tuesday, March 31st. The company reported $1.19 earnings per share for the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. The company had revenue of $6.14 billion during the quarter. On average, research analysts expect that Johnson Controls International plc will post 4.86 earnings per share for the current year.

Johnson Controls International Dividend Announcement

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

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.