19,434 Shares in Johnson Controls International plc $JCI Acquired by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI purchased a new stake in shares of Johnson Controls International plc (NYSE:JCI) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 19,434 shares of the company’s stock, valued at approximately $2,840,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mcguire Capital Advisors Inc. acquired a new stake in shares of Johnson Controls International during the fourth quarter worth about $27,000. Twin Tree Management LP lifted its position in shares of 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 purchasing an additional 895 shares during the last quarter. Fourth Dimension Wealth LLC raised its position in shares of Johnson Controls International by 51.3% during the 2nd quarter. Fourth Dimension Wealth LLC now owns 230 shares of the company’s stock worth $34,000 after acquiring an additional 78 shares in the last quarter. SJS Investment Consulting Inc. increased its stake in Johnson Controls International by 747.1% in the first quarter. SJS Investment Consulting Inc. now owns 288 shares of the company’s stock valued at $38,000 after purchasing an additional 254 shares during the last quarter. Finally, Axiom Investment Management LLC acquired a new stake in Johnson Controls International during the 2nd quarter worth $41,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on JCI. Oppenheimer reaffirmed a “market perform” rating on shares of Johnson Controls International in a report on Tuesday, June 2nd. Argus set a $175.00 target price on shares of Johnson Controls International in a report on Friday, August 7th. Wolfe Research reissued an “outperform” rating and set a $171.00 price objective on shares of Johnson Controls International in a research note on Wednesday, June 3rd. Barclays boosted their price target on Johnson Controls International from $136.00 to $144.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. Finally, Citigroup increased their price target on shares of Johnson Controls International from $155.00 to $157.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Twelve research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Johnson Controls International has a consensus rating of “Hold” and a consensus target price of $155.50.

Johnson Controls International Trading Up 0.2%

NYSE JCI opened at $153.96 on Tuesday. The firm has a market capitalization of $93.26 billion, a PE ratio of 26.78, a price-to-earnings-growth ratio of 1.48 and a beta of 1.31. The company has a 50-day simple moving average of $145.11 and a 200-day simple moving average of $140.19. Johnson Controls International plc has a one year low of $103.07 and a one year high of $157.06. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.83 and a current ratio of 1.00.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Thursday, July 30th. The company reported $1.42 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $6.46 billion. During the same quarter in the prior year, the firm earned $1.05 EPS. Johnson Controls International’s quarterly revenue was up 9.3% on a year-over-year basis. On average, equities analysts forecast that Johnson Controls International plc will post 5.08 earnings per share for the current year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 15th were issued a $0.40 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.0%. Johnson Controls International’s dividend payout ratio is currently 27.83%.

Insider Buying and Selling

In other Johnson Controls International news, VP Todd M. Grabowski sold 1,800 shares of the business’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total value of $263,160.00. Following the completion of the sale, the vice president owned 26,215 shares of the company’s stock, 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 Securities & Exchange Commission, which is available at this hyperlink. Also, VP Lei Zhang Schlitz sold 23,417 shares of the company’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 sale, the vice president directly owned 15,017 shares of the company’s stock, valued at approximately $2,298,652.19. This represents a 60.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is 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.