Johnson Controls International plc (NYSE:JCI) Holdings Raised by Hsbc Holdings PLC

Hsbc Holdings PLC boosted its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 104.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 655,719 shares of the company's stock after purchasing an additional 335,235 shares during the quarter. Hsbc Holdings PLC owned approximately 0.10% of Johnson Controls International worth $51,840,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Compass Financial Services Inc acquired a new position in shares of Johnson Controls International during the 4th quarter valued at about $26,000. SBI Securities Co. Ltd. acquired a new position in Johnson Controls International during the fourth quarter worth approximately $29,000. Crowley Wealth Management Inc. purchased a new position in Johnson Controls International during the fourth quarter worth approximately $42,000. Synergy Asset Management LLC acquired a new position in shares of Johnson Controls International in the 4th quarter valued at $42,000. Finally, ST Germain D J Co. Inc. grew its stake in shares of Johnson Controls International by 32.8% during the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock valued at $43,000 after buying an additional 134 shares during the period. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on JCI. Melius cut Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 target price for the company. in a report on Tuesday, January 28th. Melius Research reissued a "hold" rating and issued a $95.00 price objective on shares of Johnson Controls International in a research report on Tuesday, January 28th. Barclays cut their target price on shares of Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating on the stock in a research note on Monday, March 10th. Royal Bank of Canada upped their price target on shares of Johnson Controls International from $86.00 to $93.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 6th. Finally, Wells Fargo & Company raised their price objective on Johnson Controls International from $92.00 to $98.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $90.07.

Insiders Place Their Bets

In other news, Director George Oliver sold 15,669 shares of Johnson Controls International stock in a transaction on Friday, March 14th. The stock was sold at an average price of $77.49, for a total transaction of $1,214,190.81. Following the transaction, the director now directly owns 1,003,893 shares in the company, valued at approximately $77,791,668.57. This trade represents a 1.54 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Nathan D. Manning sold 1,421 shares of the business's stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of the sale, the vice president now directly owns 148,346 shares in the company, valued at $11,339,568.24. This represents a 0.95 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 907,286 shares of company stock worth $77,938,071. 0.54% of the stock is owned by corporate insiders.

Johnson Controls International Stock Performance

Shares of Johnson Controls International stock traded up $0.84 during trading on Friday, hitting $81.20. 2,920,556 shares of the stock were exchanged, compared to its average volume of 4,444,812. The stock has a market cap of $53.60 billion, a PE ratio of 30.99, a P/E/G ratio of 1.96 and a beta of 1.22. The stock's fifty day moving average is $80.14 and its 200 day moving average is $80.88. Johnson Controls International plc has a 12 month low of $59.83 and a 12 month high of $91.14. 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 issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. As a group, sell-side analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 24th were paid a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, March 24th. This represents a $1.48 annualized dividend and a yield of 1.82%. Johnson Controls International's payout ratio is 56.49%.

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.