Johnson Controls International plc (NYSE:JCI) Stock Holdings Raised by GAMMA Investing LLC

GAMMA Investing LLC grew its stake in Johnson Controls International plc (NYSE:JCI) by 64.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,852 shares of the company’s stock after purchasing an additional 3,077 shares during the quarter. GAMMA Investing LLC’s holdings in Johnson Controls International were worth $522,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. raised its stake in Johnson Controls International by 17.3% during the fourth quarter. Vanguard Group Inc. now owns 71,387,169 shares of the company’s stock valued at $4,114,756,000 after buying an additional 10,522,009 shares in the last quarter. Franklin Resources Inc. raised its position in shares of Johnson Controls International by 1.9% during the 4th quarter. Franklin Resources Inc. now owns 16,419,338 shares of the company’s stock valued at $946,411,000 after acquiring an additional 305,798 shares in the last quarter. Capital World Investors lifted its stake in Johnson Controls International by 85.5% during the first quarter. Capital World Investors now owns 14,142,736 shares of the company’s stock worth $923,804,000 after purchasing an additional 6,520,580 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in Johnson Controls International by 4.8% in the fourth quarter. Fisher Asset Management LLC now owns 13,528,240 shares of the company’s stock worth $779,768,000 after purchasing an additional 618,120 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Johnson Controls International by 95.9% during the first quarter. Bank of New York Mellon Corp now owns 12,760,120 shares of the company’s stock valued at $833,491,000 after purchasing an additional 6,247,250 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Price Performance

Shares of NYSE:JCI traded down $2.91 during trading hours on Friday, hitting $67.42. 10,348,378 shares of the company’s stock traded hands, compared to its average volume of 4,792,278. The company’s fifty day simple moving average is $69.25 and its two-hundred day simple moving average is $64.46. The company has a market cap of $45.04 billion, a price-to-earnings ratio of 27.30, a price-to-earnings-growth ratio of 1.72 and a beta of 1.28. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.65 and a current ratio of 0.96. Johnson Controls International plc has a 52 week low of $47.90 and a 52 week high of $75.36.

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

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 19th. Stockholders of record on Monday, June 24th were given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date of this dividend was Monday, June 24th. Johnson Controls International’s dividend payout ratio (DPR) is presently 59.92%.

Analyst Ratings Changes

A number of research firms have recently issued reports on JCI. Oppenheimer raised their price target on shares of Johnson Controls International from $70.00 to $76.00 and gave the stock an “outperform” rating in a research report on Thursday, June 27th. Barclays cut their target price on shares of Johnson Controls International from $62.00 to $61.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 10th. UBS Group lowered Johnson Controls International from a “buy” rating to a “neutral” rating and lowered their target price for the company from $74.00 to $68.00 in a report on Monday, May 6th. The Goldman Sachs Group raised their price target on Johnson Controls International from $73.00 to $81.00 and gave the stock a “buy” rating in a report on Friday. Finally, Citigroup upped their price objective on Johnson Controls International from $59.00 to $68.00 and gave the stock a “neutral” rating in a research note on Monday, April 8th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $67.69.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, COO Nathan D. Manning sold 1,167 shares of the firm’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $70.71, for a total value of $82,518.57. Following the completion of the transaction, the chief operating officer now directly owns 103,866 shares in the company, valued at $7,344,364.86. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other Johnson Controls International news, COO Nathan D. Manning sold 1,167 shares of the business’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $70.71, for a total transaction of $82,518.57. Following the sale, the chief operating officer now directly owns 103,866 shares of the company’s stock, valued at approximately $7,344,364.86. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Daniel C. Mcconeghy sold 9,342 shares of Johnson Controls International stock in a transaction on Friday, May 10th. The shares were sold at an average price of $65.50, for a total value of $611,901.00. Following the transaction, the vice president now owns 25,378 shares in the company, valued at approximately $1,662,259. The disclosure for this sale can be found here. Insiders sold 19,048 shares of company stock worth $1,234,530 in the last quarter. 0.69% of the stock is owned by company insiders.

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.