Johnson Controls International plc (NYSE:JCI) Stock Position Lowered by Interval Partners LP

Interval Partners LP lessened its position in Johnson Controls International plc (NYSE:JCI) by 79.9% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 96,464 shares of the company’s stock after selling 382,677 shares during the period. Interval Partners LP’s holdings in Johnson Controls International were worth $6,301,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Johnson Controls International in the 4th quarter worth $25,000. Rise Advisors LLC acquired a new position in shares of Johnson Controls International in the 1st quarter worth $25,000. EdgeRock Capital LLC acquired a new position in shares of Johnson Controls International in the 4th quarter worth $27,000. Hexagon Capital Partners LLC grew its holdings in shares of Johnson Controls International by 114.0% in the 4th quarter. Hexagon Capital Partners LLC now owns 503 shares of the company’s stock worth $29,000 after acquiring an additional 268 shares during the last quarter. Finally, DT Investment Partners LLC acquired a new position in shares of Johnson Controls International in the 4th quarter worth $41,000. Institutional investors own 90.05% of the company’s stock.

Insiders Place Their Bets

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 9,342 shares of the business’s stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $65.50, for a total value of $611,901.00. Following the completion of the sale, the vice president now owns 25,378 shares of the company’s stock, valued at $1,662,259. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 9,342 shares of the business’s stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $65.50, for a total value of $611,901.00. Following the completion of the sale, the vice president now owns 25,378 shares of the company’s stock, valued at $1,662,259. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Juergen Tinggren sold 4,000 shares of the business’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $62.31, for a total value of $249,240.00. Following the transaction, the director now directly owns 30,120 shares of the company’s stock, valued at approximately $1,876,777.20. The disclosure for this sale can be found here. Insiders sold 18,067 shares of company stock valued at $1,163,404 over the last quarter. Insiders own 0.69% of the company’s stock.

Johnson Controls International Stock Down 0.4 %

NYSE JCI traded down $0.27 on Tuesday, reaching $69.03. The stock had a trading volume of 4,019,179 shares, compared to its average volume of 5,325,600. The business has a 50 day moving average price of $69.54 and a 200 day moving average price of $64.05. The company has a current ratio of 0.87, a quick ratio of 0.65 and a debt-to-equity ratio of 0.44. Johnson Controls International plc has a 1 year low of $47.90 and a 1 year high of $74.23. The company has a market capitalization of $46.50 billion, a price-to-earnings ratio of 27.95, a P/E/G ratio of 1.80 and a beta of 1.28.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Wednesday, May 1st. The company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.03. Johnson Controls International had a return on equity of 13.21% and a net margin of 6.32%. The firm had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.51 billion. During the same quarter in the previous year, the company posted $0.75 earnings per share. The business’s quarterly revenue was down 6.1% compared to the same quarter last year. On average, analysts forecast that Johnson Controls International plc will post 3.58 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 19th. Shareholders of record on Monday, June 24th were given a $0.37 dividend. The ex-dividend date of this dividend was Monday, June 24th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.14%. Johnson Controls International’s dividend payout ratio is currently 59.92%.

Wall Street Analyst Weigh In

JCI has been the topic of a number of recent research reports. Barclays decreased their target price on 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 cut Johnson Controls International from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $74.00 to $68.00 in a report on Monday, May 6th. Oppenheimer lifted their target price on Johnson Controls International from $70.00 to $76.00 and gave the stock an “outperform” rating in a report on Thursday, June 27th. Robert W. Baird lifted their target price on Johnson Controls International from $62.00 to $72.00 and gave the stock a “neutral” rating in a report on Monday, July 15th. Finally, Wells Fargo & Company lifted their price target on Johnson Controls International from $70.00 to $75.00 and gave the company an “overweight” rating in a report on Wednesday, July 10th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $65.23.

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.