Foresight Group Ltd Liability Partnership Has $1.10 Million Holdings in Johnson Controls International plc (NYSE:JCI)

Foresight Group Ltd Liability Partnership raised its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 86.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,520 shares of the company’s stock after purchasing an additional 7,653 shares during the quarter. Johnson Controls International makes up 0.5% of Foresight Group Ltd Liability Partnership’s holdings, making the stock its 21st biggest position. Foresight Group Ltd Liability Partnership’s holdings in Johnson Controls International were worth $1,098,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rise Advisors LLC bought a new position in Johnson Controls International during the first quarter worth $25,000. Continuum Advisory LLC raised its holdings in Johnson Controls International by 65.2% in the 2nd quarter. Continuum Advisory LLC now owns 527 shares of the company’s stock valued at $35,000 after acquiring an additional 208 shares during the period. Friedenthal Financial bought a new position in Johnson Controls International in the 2nd quarter valued at about $47,000. Hexagon Capital Partners LLC raised its holdings in Johnson Controls International by 39.7% in the 2nd quarter. Hexagon Capital Partners LLC now owns 711 shares of the company’s stock valued at $47,000 after acquiring an additional 202 shares during the period. Finally, Family Firm Inc. bought a new position in Johnson Controls International in the 2nd quarter valued at about $48,000. 90.05% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. StockNews.com raised shares of Johnson Controls International from a “hold” rating to a “buy” rating in a report on Friday, August 2nd. The Goldman Sachs Group increased their price target on shares of Johnson Controls International from $73.00 to $81.00 and gave the company a “buy” rating in a report on Friday, August 2nd. Oppenheimer increased their price target on shares of Johnson Controls International from $70.00 to $76.00 and gave the company an “outperform” rating in a report on Thursday, June 27th. Morgan Stanley started coverage on shares of Johnson Controls International in a research report on Friday, September 6th. They set an “overweight” rating and a $85.00 target price on the stock. Finally, Bank of America upgraded shares of Johnson Controls International from a “neutral” rating to a “buy” rating and increased their target price for the stock from $76.00 to $80.00 in a research report on Tuesday, September 10th. Eleven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $70.21.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, COO Nathan D. Manning sold 1,167 shares of the firm’s stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $66.01, for a total value of $77,033.67. Following the sale, the chief operating officer now owns 104,556 shares in the company, valued at $6,901,741.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Johnson Controls International news, COO Nathan D. Manning sold 1,167 shares of the firm’s stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $66.01, for a total value of $77,033.67. Following the sale, the chief operating officer now owns 104,556 shares in the company, valued at $6,901,741.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO George Oliver sold 110,615 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the completion of the sale, the chief executive officer now owns 1,243,751 shares in the company, valued at approximately $90,383,385.17. The disclosure for this sale can be found here. Insiders have sold 114,860 shares of company stock worth $8,333,834 over the last quarter. Corporate insiders own 0.69% of the company’s stock.

Johnson Controls International Stock Performance

NYSE JCI opened at $72.77 on Thursday. The company has a current ratio of 0.96, a quick ratio of 0.73 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $48.61 billion, a price-to-earnings ratio of 29.46, a P/E/G ratio of 1.91 and a beta of 1.29. The firm’s 50 day simple moving average is $69.78 and its 200 day simple moving average is $67.60. Johnson Controls International plc has a 1 year low of $47.90 and a 1 year high of $75.36.

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

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th will be given a $0.37 dividend. The ex-dividend date is Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a yield of 2.03%. Johnson Controls International’s dividend payout ratio is currently 59.92%.

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.