Johnson Controls International plc $JCI Shares Bought by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC grew its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 75.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 8,891 shares of the company’s stock after acquiring an additional 3,836 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Johnson Controls International were worth $1,322,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in JCI. Lido Advisors LLC raised its holdings in Johnson Controls International by 0.7% in the third quarter. Lido Advisors LLC now owns 52,846 shares of the company’s stock valued at $7,856,000 after acquiring an additional 348 shares in the last quarter. Keybank National Association OH grew its holdings in Johnson Controls International by 1.1% during the 3rd quarter. Keybank National Association OH now owns 32,244 shares of the company’s stock worth $4,793,000 after acquiring an additional 360 shares in the last quarter. Csenge Advisory Group grew its holdings in Johnson Controls International by 5.4% during the 3rd quarter. Csenge Advisory Group now owns 11,553 shares of the company’s stock worth $1,717,000 after acquiring an additional 597 shares in the last quarter. 71 West Capital Partners grew its holdings in Johnson Controls International by 4.5% during the 3rd quarter. 71 West Capital Partners now owns 4,164 shares of the company’s stock worth $619,000 after acquiring an additional 180 shares in the last quarter. Finally, Nemes Rush Group LLC increased its position in shares of Johnson Controls International by 0.4% in the 3rd quarter. Nemes Rush Group LLC now owns 109,486 shares of the company’s stock worth $16,275,000 after purchasing an additional 413 shares during the last quarter. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on JCI. Mizuho upped their target price on shares of Johnson Controls International from $150.00 to $165.00 and gave the company a “neutral” rating in a research note on Thursday, October 15th. Morgan Stanley increased their price target on shares of Johnson Controls International from $175.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 2nd. BNP Paribas Exane lifted their price target on Johnson Controls International from $130.00 to $145.00 and gave the stock an “underperform” rating in a research note on Wednesday, October 28th. Deutsche Bank lowered their price objective on Johnson Controls International from $180.00 to $178.00 and set a “buy” rating for the company in a report on Wednesday, September 30th. Finally, JPMorgan Chase & Co. assumed coverage on Johnson Controls International in a report on Wednesday. They issued a “neutral” rating and a $160.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $166.76.

Johnson Controls International Price Performance

Shares of NYSE:JCI opened at $142.63 on Friday. The company has a market cap of $86.39 billion, a PE ratio of 30.48, a P/E/G ratio of 1.47 and a beta of 1.27. Johnson Controls International plc has a fifty-two week low of $108.41 and a fifty-two week high of $160.41. The firm has a 50-day simple moving average of $147.38 and a 200 day simple moving average of $142.03. The company has a quick ratio of 0.75, a current ratio of 0.90 and a debt-to-equity ratio of 0.55.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Tuesday, October 27th. The company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.07. Johnson Controls International had a net margin of 11.12% and a return on equity of 23.38%. The firm had revenue of $7.11 billion for the quarter, compared to analysts’ expectations of $7.04 billion. During the same quarter last year, the company posted $1.26 earnings per share. Johnson Controls International’s revenue was up 10.4% on a year-over-year basis. On average, sell-side analysts anticipate that Johnson Controls International plc will post 6.29 EPS for the current year.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Monday, September 21st were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Monday, September 21st. Johnson Controls International’s dividend payout ratio is presently 34.19%.

Insider Buying and Selling at Johnson Controls International

In related news, Director Juergen Tinggren sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 28th. The stock was sold at an average price of $159.19, for a total value of $636,760.00. Following the sale, the director owned 27,236 shares of the company’s stock, valued at approximately $4,335,698.84. This trade represents a 12.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.29% of the company’s stock.

About Johnson Controls International

Johnson Controls International plc develops building technologies, products and services for commercial, industrial and institutional customers. Its offerings include heating, ventilation and air conditioning (HVAC) equipment, building automation and controls, fire detection and suppression systems, and security solutions. The company also provides maintenance, modernization and other services to help customers manage building operations. Its products and services support facilities such as offices, hospitals, schools, data centers and manufacturing sites.