Jones Financial Companies Lllp Raises Stake in Johnson Controls International plc (NYSE:JCI)

Jones Financial Companies Lllp lifted its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 39.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,194 shares of the company's stock after acquiring an additional 7,716 shares during the period. Jones Financial Companies Lllp's holdings in Johnson Controls International were worth $2,146,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Park Avenue Securities LLC boosted its position in shares of Johnson Controls International by 101.5% during the 4th quarter. Park Avenue Securities LLC now owns 26,517 shares of the company's stock worth $2,093,000 after purchasing an additional 13,360 shares in the last quarter. Certuity LLC acquired a new position in Johnson Controls International during the 4th quarter worth approximately $243,000. Y Intercept Hong Kong Ltd boosted its holdings in Johnson Controls International by 136.8% in the third quarter. Y Intercept Hong Kong Ltd now owns 91,248 shares of the company's stock worth $7,082,000 after acquiring an additional 52,719 shares in the last quarter. Geode Capital Management LLC grew its stake in Johnson Controls International by 0.5% in the third quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company's stock valued at $1,041,822,000 after acquiring an additional 71,493 shares during the period. Finally, BNC Wealth Management LLC acquired a new stake in Johnson Controls International in the fourth quarter valued at approximately $2,093,000. 90.05% of the stock is owned by institutional investors.

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Johnson Controls International Stock Performance

NYSE:JCI traded down $2.10 during trading on Monday, reaching $77.96. The company's stock had a trading volume of 6,092,660 shares, compared to its average volume of 4,666,486. Johnson Controls International plc has a 12 month low of $59.83 and a 12 month high of $91.14. The firm has a market cap of $51.47 billion, a price-to-earnings ratio of 29.76, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. The firm has a 50 day moving average of $82.51 and a 200-day moving average of $79.54. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. Research analysts expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO George Oliver sold 129,263 shares of Johnson Controls International stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $83.55, for a total value of $10,799,923.65. Following the completion of the transaction, the chief executive officer now owns 1,203,893 shares in the company, valued at $100,585,260.15. This trade represents a 9.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Nathan D. Manning sold 1,421 shares of the company's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total transaction of $108,621.24. Following the sale, the vice president now owns 148,346 shares in the company, valued at $11,339,568.24. The trade was a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 837,777 shares of company stock valued at $72,867,455. 0.54% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Barclays cut their target price on Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating on the stock in a report on Monday. JPMorgan Chase & Co. raised their price objective on shares of Johnson Controls International from $87.00 to $100.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Argus raised shares of Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 target price for the company in a research report on Friday, December 20th. UBS Group upgraded shares of Johnson Controls International from a "neutral" rating to a "buy" rating and upped their target price for the stock from $90.00 to $103.00 in a report on Monday, February 10th. Finally, Morgan Stanley lifted their price target on Johnson Controls International from $95.00 to $105.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, Johnson Controls International has an average rating of "Moderate Buy" and a consensus target price of $91.27.

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.