Oregon Public Employees Retirement Fund Has $10.95 Million Stock Position in Johnson Controls International plc $JCI

Oregon Public Employees Retirement Fund raised its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 6.9% in the 2nd quarter, Holdings Channel.com reports. The fund owned 74,963 shares of the company’s stock after buying an additional 4,858 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Johnson Controls International were worth $10,953,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mcguire Capital Advisors Inc. acquired a new position in Johnson Controls International during the fourth quarter worth $27,000. Twin Tree Management LP lifted its position in Johnson Controls International by 140.9% during the 4th quarter. Twin Tree Management LP now owns 260 shares of the company’s stock worth $31,000 after buying an additional 895 shares in the last quarter. SJS Investment Consulting Inc. lifted its position in Johnson Controls International by 747.1% during the 1st quarter. SJS Investment Consulting Inc. now owns 288 shares of the company’s stock worth $38,000 after buying an additional 254 shares in the last quarter. Kemnay Advisory Services Inc. bought a new stake in Johnson Controls International during the 4th quarter worth about $47,000. Finally, Reyes Financial Architecture Inc. acquired a new position in shares of Johnson Controls International during the 4th quarter worth about $48,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Morgan Stanley raised their price objective on Johnson Controls International from $140.00 to $175.00 and gave the company an “overweight” rating in a report on Tuesday, June 9th. Wall Street Zen downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Citigroup boosted their price target on Johnson Controls International from $155.00 to $157.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. HSBC upped their price objective on Johnson Controls International from $127.00 to $136.00 in a research note on Thursday, May 7th. Finally, Sanford C. Bernstein assumed coverage on Johnson Controls International in a report on Tuesday, June 9th. They issued an “outperform” rating and a $176.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $154.80.

Johnson Controls International Stock Down 0.9%

Shares of JCI stock opened at $151.47 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.83 and a current ratio of 1.00. The firm’s 50-day moving average is $144.71 and its 200-day moving average is $139.65. The stock has a market cap of $91.75 billion, a price-to-earnings ratio of 26.34, a PEG ratio of 1.47 and a beta of 1.31. Johnson Controls International plc has a 52-week low of $103.07 and a 52-week high of $157.06.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.12. Johnson Controls International had a return on equity of 22.11% and a net margin of 14.32%.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 prior year, the company earned $1.05 earnings per share. The business’s revenue for the quarter was up 9.3% compared to the same quarter last year. Sell-side analysts predict that Johnson Controls International plc will post 5.08 EPS for the current year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 15th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Monday, June 15th. Johnson Controls International’s dividend payout ratio is 27.83%.

Insiders Place Their Bets

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 23,417 shares of the firm’s stock in a transaction 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 completion of the sale, the vice president owned 15,017 shares of the company’s stock, valued at $2,298,652.19. This trade represents a 60.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Todd M. Grabowski sold 1,800 shares of the firm’s stock in a transaction on Tuesday, June 9th. The shares were 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 of the company’s stock, valued at $3,832,633. This represents a 6.43% decrease in their position. The SEC filing for this sale provides additional information. 0.29% of the stock is currently owned by corporate insiders.

Johnson Controls International Company 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.