Optas LLC Purchases New Shares in Johnson Controls International plc (NYSE:JCI)

Optas LLC purchased a new stake in Johnson Controls International plc (NYSE:JCI) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 3,096 shares of the company’s stock, valued at approximately $202,000.

Several other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in shares of Johnson Controls International by 17.3% during the 4th quarter. Vanguard Group Inc. now owns 71,387,169 shares of the company’s stock valued at $4,114,756,000 after buying an additional 10,522,009 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of Johnson Controls International by 1.9% during the 4th quarter. Franklin Resources Inc. now owns 16,419,338 shares of the company’s stock valued at $946,411,000 after buying an additional 305,798 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Johnson Controls International by 4.8% during the 4th quarter. Fisher Asset Management LLC now owns 13,528,240 shares of the company’s stock valued at $779,768,000 after buying an additional 618,120 shares in the last quarter. Capital World Investors boosted its holdings in shares of Johnson Controls International by 35.6% during the 4th quarter. Capital World Investors now owns 7,622,156 shares of the company’s stock valued at $439,341,000 after buying an additional 2,001,644 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Johnson Controls International during the 4th quarter valued at $316,400,000. Institutional investors own 90.05% of the company’s stock.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, COO Nathan D. Manning sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $62.86, for a total value of $188,580.00. Following the completion of the transaction, the chief operating officer now directly owns 106,891 shares in the company, valued at approximately $6,719,168.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Johnson Controls International news, Director Juergen Tinggren sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $62.31, for a total value of $249,240.00. Following the completion of the transaction, the director now directly owns 30,120 shares in the company, valued at approximately $1,876,777.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Nathan D. Manning sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $62.86, for a total value of $188,580.00. Following the completion of the transaction, the chief operating officer now owns 106,891 shares of the company’s stock, valued at $6,719,168.26. The disclosure for this sale can be found here. In the last ninety days, insiders sold 16,900 shares of company stock worth $1,085,145. 0.69% of the stock is owned by company insiders.

Johnson Controls International Trading Down 0.8 %

Shares of NYSE:JCI opened at $66.47 on Monday. The stock has a 50 day moving average of $68.24 and a 200 day moving average of $62.27. The company has a market cap of $44.78 billion, a PE ratio of 26.91, a price-to-earnings-growth ratio of 1.73 and a beta of 1.28. The company has a current ratio of 0.87, a quick ratio of 0.65 and a debt-to-equity ratio of 0.44. Johnson Controls International plc has a 12-month low of $47.90 and a 12-month high of $74.23.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Wednesday, May 1st. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.03. The company had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.51 billion. Johnson Controls International had a return on equity of 13.21% and a net margin of 6.32%. The firm’s revenue was down 6.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.75 EPS. As a group, equities research analysts expect that Johnson Controls International plc will post 3.59 EPS for the current year.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 19th. Investors of record on Monday, June 24th will be paid a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, June 24th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.23%. Johnson Controls International’s dividend payout ratio (DPR) is presently 59.92%.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. UBS Group cut shares of Johnson Controls International from a “buy” rating to a “neutral” rating and dropped their target price for the company from $74.00 to $68.00 in a report on Monday, May 6th. Oppenheimer boosted their target price on shares of Johnson Controls International from $70.00 to $76.00 and gave the company an “outperform” rating in a report on Thursday. Citigroup lifted their price target on Johnson Controls International from $59.00 to $68.00 and gave the stock a “neutral” rating in a research report on Monday, April 8th. Wells Fargo & Company lifted their price target on Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Finally, Barclays lifted their price target on Johnson Controls International from $59.00 to $62.00 and gave the stock an “equal weight” rating in a research report on Friday, June 21st. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $63.82.

Johnson Controls International Company Profile

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.