Johnson Controls International plc (NYSE:JCI) Stock Holdings Increased by Czech National Bank

Czech National Bank increased its stake in Johnson Controls International plc (NYSE:JCI) by 7.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 128,358 shares of the company’s stock after purchasing an additional 8,411 shares during the quarter. Czech National Bank’s holdings in Johnson Controls International were worth $8,532,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Johnson Controls International in the fourth quarter valued at $25,000. Rise Advisors LLC acquired a new stake in Johnson Controls International in the 1st quarter valued at about $25,000. EdgeRock Capital LLC bought a new position in shares of Johnson Controls International during the 4th quarter valued at about $27,000. Hexagon Capital Partners LLC grew its stake in shares of Johnson Controls International by 114.0% in the 4th quarter. Hexagon Capital Partners LLC now owns 503 shares of the company’s stock worth $29,000 after purchasing an additional 268 shares during the last quarter. Finally, DT Investment Partners LLC bought a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $41,000. Institutional investors own 90.05% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Wells Fargo & Company lifted their price target on shares of Johnson Controls International from $75.00 to $80.00 and gave the stock an “overweight” rating in a research report on Thursday, August 1st. Barclays decreased their price target on Johnson Controls International from $62.00 to $61.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 10th. StockNews.com raised shares of Johnson Controls International from a “hold” rating to a “buy” rating in a research note on Friday, August 2nd. UBS Group lowered shares of Johnson Controls International from a “buy” rating to a “neutral” rating and cut their price target for the company from $74.00 to $68.00 in a report on Monday, May 6th. Finally, Royal Bank of Canada lifted their price objective on shares of Johnson Controls International from $54.00 to $61.00 and gave the stock an “underperform” rating in a research report on Thursday, August 1st. One analyst has rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $67.69.

Insiders Place Their Bets

In related news, COO Nathan D. Manning sold 1,167 shares of the stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $70.71, for a total value of $82,518.57. Following the sale, the chief operating officer now directly owns 103,866 shares in the company, valued at approximately $7,344,364.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last three months, insiders sold 2,892 shares of company stock valued at $197,011. 0.69% of the stock is currently owned by insiders.

Johnson Controls International Stock Performance

Shares of JCI traded down $0.54 during mid-day trading on Monday, hitting $67.11. The company’s stock had a trading volume of 571,796 shares, compared to its average volume of 5,369,806. The stock’s 50-day moving average is $68.69 and its two-hundred day moving average is $64.89. The firm has a market capitalization of $45.21 billion, a PE ratio of 27.39, a price-to-earnings-growth ratio of 1.80 and a beta of 1.28. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.73 and a current ratio of 0.96. Johnson Controls International plc has a one year low of $47.90 and a one year high of $75.36.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Wednesday, July 31st. The company reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.06. The business had revenue of $7.23 billion for the quarter, compared to analysts’ expectations of $7.53 billion. Johnson Controls International had a return on equity of 13.64% and a net margin of 6.02%. Johnson Controls International’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.03 earnings per share. As a group, sell-side analysts anticipate that Johnson Controls International plc will post 3.67 EPS for the current year.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 19th. Investors of record on Monday, June 24th were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 2.21%. The ex-dividend date of this dividend was Monday, June 24th. Johnson Controls International’s dividend payout ratio is 59.92%.

About Johnson Controls International

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.