XTX Topco Ltd Increases Stock Holdings in Johnson Controls International plc (NYSE:JCI)

XTX Topco Ltd grew its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 18.8% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,887 shares of the company’s stock after purchasing an additional 3,153 shares during the quarter. XTX Topco Ltd’s holdings in Johnson Controls International were worth $1,322,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Rise Advisors LLC bought a new position in Johnson Controls International in the first quarter worth approximately $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 worth $35,000 after purchasing an additional 208 shares during the period. 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 worth $47,000 after purchasing an additional 202 shares during the period. Friedenthal Financial purchased a new position in Johnson Controls International during the second quarter valued at $47,000. Finally, Centerpoint Advisors LLC grew its holdings in Johnson Controls International by 126.8% during the first quarter. Centerpoint Advisors LLC now owns 737 shares of the company’s stock valued at $48,000 after purchasing an additional 412 shares during the period. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Price Performance

JCI stock opened at $74.10 on Friday. Johnson Controls International plc has a 52 week low of $47.90 and a 52 week high of $75.36. The firm has a market capitalization of $49.50 billion, a P/E ratio of 30.00, a price-to-earnings-growth ratio of 1.91 and a beta of 1.29. The company has a fifty day simple moving average of $69.95 and a two-hundred day simple moving average of $67.74. The company has a quick ratio of 0.73, a current ratio of 0.96 and a debt-to-equity ratio of 0.46.

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

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 18th. Investors of record on Wednesday, September 25th will be issued a dividend of $0.37 per share. The ex-dividend date is Wednesday, September 25th. This represents a $1.48 annualized dividend and a yield of 2.00%. Johnson Controls International’s payout ratio is 59.92%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on JCI shares. Robert W. Baird raised their price objective on Johnson Controls International from $72.00 to $78.00 and gave the stock a “neutral” rating in a research note on Thursday, August 1st. Oppenheimer lifted 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. Bank of America upgraded shares of Johnson Controls International from a “neutral” rating to a “buy” rating and raised their price objective for the company from $76.00 to $80.00 in a research report on Tuesday, September 10th. Barclays dropped their target price on shares of Johnson Controls International from $62.00 to $61.00 and set an “equal weight” rating for the company in a report on Wednesday, July 10th. Finally, Wells Fargo & Company raised their price target on Johnson Controls International from $75.00 to $80.00 and gave the company an “overweight” rating in a report on Thursday, August 1st. Eleven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, Johnson Controls International has a consensus rating of “Hold” and an average target price of $70.21.

Insider Activity

In related news, COO Nathan D. Manning sold 1,167 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total transaction of $84,899.25. Following the completion of the sale, the chief operating officer now directly owns 143,488 shares of the company’s stock, valued at approximately $10,438,752. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, COO Nathan D. Manning sold 1,167 shares of Johnson Controls International stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total transaction of $84,899.25. Following the completion of the sale, the chief operating officer now directly owns 143,488 shares in the company, valued at $10,438,752. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO George Oliver sold 110,615 shares of the company’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the completion of the transaction, the chief executive officer now owns 1,243,751 shares in the company, valued at $90,383,385.17. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 115,046 shares of company stock valued at $8,347,562. 0.69% of the stock is currently owned by insiders.

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.