SYM FINANCIAL Corp Buys 1,184 Shares of Johnson Controls International plc $JCI

SYM FINANCIAL Corp boosted its position in Johnson Controls International plc (NYSE:JCI) by 46.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,713 shares of the company’s stock after buying an additional 1,184 shares during the period. SYM FINANCIAL Corp’s holdings in Johnson Controls International were worth $392,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Nuveen LLC acquired a new stake in Johnson Controls International in the first quarter valued at approximately $219,110,000. AQR Capital Management LLC lifted its holdings in shares of Johnson Controls International by 747.6% in the 1st quarter. AQR Capital Management LLC now owns 2,034,060 shares of the company’s stock worth $159,186,000 after purchasing an additional 1,794,089 shares in the last quarter. Alkeon Capital Management LLC acquired a new stake in Johnson Controls International in the 1st quarter valued at $112,154,000. Voya Investment Management LLC increased its stake in Johnson Controls International by 637.1% during the 1st quarter. Voya Investment Management LLC now owns 1,567,576 shares of the company’s stock valued at $125,578,000 after purchasing an additional 1,354,912 shares in the last quarter. Finally, Valeo Financial Advisors LLC raised its holdings in Johnson Controls International by 16,575.7% during the second quarter. Valeo Financial Advisors LLC now owns 1,275,357 shares of the company’s stock worth $134,703,000 after buying an additional 1,267,709 shares during the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, VP Nathan D. Manning sold 1,422 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total transaction of $149,395.32. Following the completion of the sale, the vice president owned 139,459 shares in the company, valued at approximately $14,651,562.54. This trade represents a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Daniel C. Mcconeghy sold 5,917 shares of Johnson Controls International stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $105.73, for a total transaction of $625,604.41. Following the completion of the sale, the vice president directly owned 25,005 shares in the company, valued at approximately $2,643,778.65. This represents a 19.14% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,761 shares of company stock valued at $922,447. 0.54% of the stock is owned by company insiders.

Johnson Controls International Stock Performance

JCI stock opened at $113.10 on Tuesday. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 0.50. The firm has a market cap of $74.01 billion, a PE ratio of 33.56, a P/E/G ratio of 1.69 and a beta of 1.33. The business has a 50 day moving average of $108.00 and a 200-day moving average of $101.93. Johnson Controls International plc has a 12-month low of $68.03 and a 12-month high of $114.60.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.06. The business had revenue of $6.05 billion for the quarter, compared to analyst estimates of $5.99 billion. Johnson Controls International had a return on equity of 14.71% and a net margin of 9.53%. As a group, sell-side analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Monday, September 22nd were issued a $0.40 dividend. This is an increase from Johnson Controls International’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.4%. Johnson Controls International’s payout ratio is presently 47.48%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Zacks Research raised shares of Johnson Controls International to a “hold” rating in a research report on Monday, August 11th. Citigroup lifted their price target on Johnson Controls International from $112.00 to $119.00 and gave the company a “neutral” rating in a research note on Thursday, October 9th. Deutsche Bank Aktiengesellschaft increased their price objective on Johnson Controls International from $124.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. JPMorgan Chase & Co. lifted their target price on Johnson Controls International from $105.00 to $125.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Finally, The Goldman Sachs Group upped their price target on Johnson Controls International from $119.00 to $124.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Ten investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $113.41.

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.