Robeco Institutional Asset Management B.V. lifted its holdings in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 384.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 244,289 shares of the company's stock after purchasing an additional 193,913 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Johnson Controls International were worth $18,959,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. M&G Plc bought a new stake in shares of Johnson Controls International in the 1st quarter valued at approximately $120,948,000. Cetera Investment Advisers boosted its holdings in shares of Johnson Controls International by 470.9% during the 1st quarter. Cetera Investment Advisers now owns 157,980 shares of the company's stock worth $10,319,000 after buying an additional 130,308 shares during the period. Epoch Investment Partners Inc. increased its stake in shares of Johnson Controls International by 0.9% in the first quarter. Epoch Investment Partners Inc. now owns 1,129,418 shares of the company's stock worth $73,774,000 after purchasing an additional 10,146 shares during the period. Orion Portfolio Solutions LLC lifted its stake in shares of Johnson Controls International by 15.8% in the first quarter. Orion Portfolio Solutions LLC now owns 27,191 shares of the company's stock valued at $1,776,000 after buying an additional 3,717 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of Johnson Controls International by 16.4% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 89,314 shares of the company's stock valued at $5,834,000 after purchasing an additional 12,561 shares during the period. 90.05% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In related news, CEO George Oliver sold 110,615 shares of the stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $76.79, for a total value of $8,494,125.85. Following the completion of the transaction, the chief executive officer now owns 1,243,751 shares of the company's stock, valued at approximately $95,507,639.29. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other Johnson Controls International news, CEO George Oliver sold 110,615 shares of the business's stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $76.79, for a total transaction of $8,494,125.85. Following the completion of the transaction, the chief executive officer now directly owns 1,243,751 shares of the company's stock, valued at $95,507,639.29. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Nathan D. Manning sold 3,000 shares of the stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total transaction of $231,240.00. Following the completion of the transaction, the chief operating officer now owns 140,488 shares of the company's stock, valued at $10,828,815.04. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 226,141 shares of company stock worth $16,904,519. 0.69% of the stock is currently owned by corporate insiders.
Johnson Controls International Price Performance
Shares of NYSE JCI traded up $0.52 during trading on Thursday, hitting $81.99. 2,999,810 shares of the company were exchanged, compared to its average volume of 4,943,375. The firm's fifty day moving average price is $74.87 and its 200 day moving average price is $70.72. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.96 and a quick ratio of 0.73. The company has a market cap of $54.77 billion, a price-to-earnings ratio of 34.26, a PEG ratio of 2.12 and a beta of 1.29. Johnson Controls International plc has a 1 year low of $50.00 and a 1 year high of $82.21.
Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.25 by $0.03. The company had revenue of $6.25 billion during the quarter, compared to the consensus estimate of $7.26 billion. Johnson Controls International had a net margin of 6.02% and a return on equity of 13.64%. On average, sell-side analysts expect that Johnson Controls International plc will post 3.68 earnings per share for the current fiscal year.
Johnson Controls International Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date of this dividend was Wednesday, September 25th. Johnson Controls International's dividend payout ratio is presently 61.92%.
Wall Street Analyst Weigh In
Several research analysts have issued reports on the company. Robert W. Baird upped their price objective on Johnson Controls International from $80.00 to $85.00 and gave the stock a "neutral" rating in a report on Thursday. Mizuho boosted their price target on Johnson Controls International from $62.00 to $75.00 and gave the company a "neutral" rating in a research note on Thursday, October 17th. Bank of America upped their price target on shares of Johnson Controls International from $80.00 to $95.00 and gave the stock a "buy" rating in a report on Friday, September 27th. Oppenheimer increased their price target on Johnson Controls International from $79.00 to $86.00 and gave the stock an "outperform" rating in a report on Wednesday, October 2nd. Finally, Wells Fargo & Company raised their price objective on shares of Johnson Controls International from $84.00 to $90.00 and gave the company an "overweight" rating in a research note on Thursday. Eleven analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, Johnson Controls International currently has a consensus rating of "Hold" and an average price target of $75.57.
View Our Latest Stock Report on JCI
Johnson Controls International Company Profile
(
Free Report)
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.
Read More
Before you consider Johnson Controls International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Johnson Controls International wasn't on the list.
While Johnson Controls International currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for December 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report