Auxier Asset Management Has $259,000 Stock Holdings in Johnson Controls International plc (NYSE:JCI)

Auxier Asset Management reduced its position in shares of Johnson Controls International plc (NYSE:JCI) by 40.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,899 shares of the company’s stock after selling 2,623 shares during the quarter. Auxier Asset Management’s holdings in Johnson Controls International were worth $259,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in JCI. Vanguard Group Inc. raised its position in shares of Johnson Controls International by 17.3% during the fourth quarter. Vanguard Group Inc. now owns 71,387,169 shares of the company’s stock worth $4,114,756,000 after purchasing an additional 10,522,009 shares during the period. Capital World Investors grew its holdings in shares of Johnson Controls International by 85.5% during the first quarter. Capital World Investors now owns 14,142,736 shares of the company’s stock valued at $923,804,000 after buying an additional 6,520,580 shares during the last quarter. Fisher Asset Management LLC increased its position in shares of Johnson Controls International by 4.7% during the fourth quarter. Fisher Asset Management LLC now owns 13,514,262 shares of the company’s stock worth $778,962,000 after acquiring an additional 604,142 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Johnson Controls International by 95.9% in the 1st quarter. Bank of New York Mellon Corp now owns 12,760,120 shares of the company’s stock worth $833,491,000 after acquiring an additional 6,247,250 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Johnson Controls International by 8.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 5,855,075 shares of the company’s stock valued at $389,214,000 after acquiring an additional 479,548 shares in the last quarter. Institutional investors own 90.05% of the company’s stock.

Insider Activity

In related news, CEO George Oliver sold 110,615 shares of the business’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 transaction, the chief executive officer now owns 1,243,751 shares of the company’s stock, valued at $90,383,385.17. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, COO Nathan D. Manning sold 1,167 shares of the company’s 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 transaction, the chief operating officer now directly owns 103,866 shares in the company, valued at $7,344,364.86. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO George Oliver sold 110,615 shares of Johnson Controls International 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 sale, the chief executive officer now owns 1,243,751 shares of the company’s stock, valued at $90,383,385.17. The disclosure for this sale can be found here. Insiders have sold a total of 115,046 shares of company stock worth $8,347,562 over the last ninety days. Company insiders own 0.69% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on JCI shares. Wells Fargo & Company increased their price objective on Johnson Controls International from $75.00 to $80.00 and gave the stock an “overweight” rating in a research note on Thursday, August 1st. Robert W. Baird lifted their price objective on shares of Johnson Controls International from $72.00 to $78.00 and gave the stock a “neutral” rating in a report on Thursday, August 1st. Morgan Stanley initiated coverage on shares of Johnson Controls International in a research note on Friday, September 6th. They issued an “overweight” rating and a $85.00 target price for the company. The Goldman Sachs Group raised their price target on shares of Johnson Controls International from $73.00 to $81.00 and gave the company a “buy” rating in a research report on Friday, August 2nd. Finally, Bank of America upgraded shares of Johnson Controls International from a “neutral” rating to a “buy” rating and increased their price objective for the company from $76.00 to $80.00 in a research note on Tuesday, September 10th. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $70.21.

Johnson Controls International Price Performance

Shares of NYSE:JCI opened at $74.10 on Friday. The firm has a market capitalization of $49.50 billion, a PE ratio of 30.00, a P/E/G ratio of 1.91 and a beta of 1.29. The company has a quick ratio of 0.73, a current ratio of 0.96 and a debt-to-equity ratio of 0.46. The company has a 50-day moving average price of $69.95 and a two-hundred day moving average price of $67.74. Johnson Controls International plc has a twelve month low of $47.90 and a twelve month 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 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 business had revenue of $7.23 billion during the quarter, compared to analyst estimates of $7.53 billion. During the same period in the previous year, the business earned $1.03 EPS. Johnson Controls International’s revenue was up 1.4% compared to the same quarter last year. Equities analysts forecast that Johnson Controls International plc will post 3.67 EPS for the current 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 issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date is Wednesday, September 25th. Johnson Controls International’s payout ratio is presently 59.92%.

Johnson Controls International 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.