Barclays PLC cut its holdings in Johnson Controls International plc (NYSE:JCI – Free Report) by 38.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 528,999 shares of the company’s stock after selling 334,877 shares during the period. Barclays PLC owned 0.09% of Johnson Controls International worth $31,857,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in JCI. Raymond James Trust N.A. raised its position in Johnson Controls International by 3.1% in the first quarter. Raymond James Trust N.A. now owns 13,142 shares of the company’s stock worth $862,000 after acquiring an additional 401 shares during the period. Synovus Financial Corp raised its position in Johnson Controls International by 3.6% in the first quarter. Synovus Financial Corp now owns 12,080 shares of the company’s stock worth $786,000 after acquiring an additional 425 shares during the period. Baird Financial Group Inc. increased its stake in shares of Johnson Controls International by 0.7% in the first quarter. Baird Financial Group Inc. now owns 70,039 shares of the company’s stock worth $4,593,000 after purchasing an additional 461 shares in the last quarter. Brown Brothers Harriman & Co. increased its stake in shares of Johnson Controls International by 23.0% in the first quarter. Brown Brothers Harriman & Co. now owns 7,581 shares of the company’s stock worth $497,000 after purchasing an additional 1,418 shares in the last quarter. Finally, Mackenzie Financial Corp increased its stake in shares of Johnson Controls International by 3.5% in the first quarter. Mackenzie Financial Corp now owns 371,039 shares of the company’s stock worth $24,329,000 after purchasing an additional 12,648 shares in the last quarter. 88.49% of the stock is currently owned by institutional investors.
Insider Transactions at Johnson Controls International
In other news, VP John Donofrio sold 14,253 shares of the firm’s stock in a transaction dated Tuesday, May 9th. The shares were sold at an average price of $63.02, for a total value of $898,224.06. Following the completion of the sale, the vice president now owns 37,090 shares in the company, valued at approximately $2,337,411.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CFO Olivier Leonetti sold 30,997 shares of Johnson Controls International stock in a transaction dated Monday, May 8th. The shares were sold at an average price of $62.36, for a total transaction of $1,932,972.92. Following the completion of the sale, the chief financial officer now owns 101,757 shares in the company, valued at approximately $6,345,566.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP John Donofrio sold 14,253 shares of Johnson Controls International stock in a transaction dated Tuesday, May 9th. The shares were sold at an average price of $63.02, for a total transaction of $898,224.06. Following the sale, the vice president now owns 37,090 shares of the company’s stock, valued at approximately $2,337,411.80. The disclosure for this sale can be found here. Company insiders own 0.71% of the company’s stock.
Analyst Upgrades and Downgrades
Johnson Controls International Stock Performance
Shares of NYSE:JCI opened at $62.76 on Friday. Johnson Controls International plc has a 52 week low of $48.82 and a 52 week high of $70.43. The stock has a market capitalization of $42.70 billion, a P/E ratio of 20.99, a PEG ratio of 1.29 and a beta of 1.23. The firm has a fifty day simple moving average of $66.12 and a two-hundred day simple moving average of $63.38. The company has a quick ratio of 0.78, a current ratio of 1.08 and a debt-to-equity ratio of 0.49.
Johnson Controls International (NYSE:JCI – Get Free Report) last issued its quarterly earnings data on Wednesday, August 2nd. The company reported $1.03 EPS for the quarter, hitting analysts’ consensus estimates of $1.03. Johnson Controls International had a net margin of 7.74% and a return on equity of 13.69%. The business had revenue of $7.13 billion during the quarter, compared to analysts’ expectations of $7.20 billion. During the same period last year, the company posted $0.85 EPS. The business’s revenue was up 7.8% on a year-over-year basis. On average, analysts expect that Johnson Controls International plc will post 3.56 earnings per share for the current fiscal year.
Johnson Controls International Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Tuesday, June 20th were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 2.36%. The ex-dividend date was Friday, June 16th. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.36. Johnson Controls International’s dividend payout ratio (DPR) is 49.50%.
Johnson Controls International Company Profile
Johnson Controls International Plc engages in the provision of building products, energy solutions, integrated infrastructure and next generation transportation systems. Its technology and service capabilities include fire, security, HVAC, power solutions and energy storage to serve various end markets including large institutions, commercial buildings, retail, industrial, small business and residential.
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