Johnson Controls International plc (NYSE:JCI) Position Boosted by Jade Capital Advisors LLC

Jade Capital Advisors LLC lifted its stake in shares of Johnson Controls International plc (NYSE:JCI) by 200.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 60,000 shares of the company’s stock after buying an additional 40,000 shares during the quarter. Johnson Controls International accounts for approximately 2.9% of Jade Capital Advisors LLC’s holdings, making the stock its 4th largest holding. Jade Capital Advisors LLC’s holdings in Johnson Controls International were worth $4,657,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Wolff Wiese Magana LLC raised its holdings in shares of Johnson Controls International by 977.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after buying an additional 430 shares during the period. Continuum Advisory LLC increased its holdings in Johnson Controls International by 65.2% during the 2nd quarter. Continuum Advisory LLC now owns 527 shares of the company’s stock worth $35,000 after purchasing an additional 208 shares during the last quarter. Friedenthal Financial purchased a new stake in Johnson Controls International during the 2nd quarter worth approximately $47,000. Hexagon Capital Partners LLC increased its holdings in Johnson Controls International by 39.7% during the 2nd quarter. Hexagon Capital Partners LLC now owns 711 shares of the company’s stock worth $47,000 after purchasing an additional 202 shares during the last quarter. Finally, Family Firm Inc. purchased a new stake in Johnson Controls International during the 2nd quarter worth approximately $48,000. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on JCI shares. Bank of America lifted their price objective on Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Wells Fargo & Company lifted their price objective on Johnson Controls International from $80.00 to $84.00 and gave the stock an “overweight” rating in a report on Monday, October 7th. Barclays lifted their price objective on Johnson Controls International from $62.00 to $64.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 2nd. Mizuho lifted their target price on Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Finally, StockNews.com upgraded Johnson Controls International from a “hold” rating to a “buy” rating in a research report on Friday. Eleven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $73.43.

Johnson Controls International Trading Down 0.4 %

NYSE:JCI opened at $77.16 on Tuesday. Johnson Controls International plc has a 12-month low of $47.90 and a 12-month high of $78.23. The firm has a market capitalization of $51.54 billion, a P/E ratio of 32.28, a P/E/G ratio of 2.21 and a beta of 1.29. 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 business has a 50 day simple moving average of $73.33 and a 200 day simple moving average of $69.75.

Johnson Controls International (NYSE:JCI) last announced its earnings results on Wednesday, July 31st. The company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.06. The firm had revenue of $7.23 billion for the quarter, compared to the consensus estimate of $7.53 billion. Johnson Controls International had a return on equity of 13.64% and a net margin of 6.02%. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.03 EPS. Equities research analysts predict that Johnson Controls International plc will post 3.68 EPS for the current year.

Johnson Controls International Announces Dividend

The firm also recently announced 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 annualized dividend and a yield of 1.92%. The ex-dividend date of this dividend was Wednesday, September 25th. Johnson Controls International’s payout ratio is currently 61.92%.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, COO Nathan D. Manning sold 1,167 shares of Johnson Controls International stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $70.71, for a total transaction of $82,518.57. Following the sale, the chief operating officer now owns 103,866 shares of the company’s stock, valued at $7,344,364.86. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, COO Nathan D. Manning sold 1,167 shares of the business’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $70.71, for a total value of $82,518.57. Following the sale, the chief operating officer now owns 103,866 shares of the company’s stock, valued at approximately $7,344,364.86. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO George Oliver sold 110,615 shares of the business’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $72.67, for a total value of $8,038,392.05. Following the completion of the sale, the chief executive officer now directly owns 1,243,751 shares in the company, valued at $90,383,385.17. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 227,494 shares of company stock valued at $16,999,239 in the last quarter. Corporate insiders own 0.69% of the company’s stock.

About Johnson Controls International

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.