Strs Ohio Has $19.03 Million Holdings in Johnson Controls International plc $JCI

Strs Ohio lifted its stake in Johnson Controls International plc (NYSE:JCI) by 4.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 180,183 shares of the company’s stock after buying an additional 8,350 shares during the period. Strs Ohio’s holdings in Johnson Controls International were worth $19,031,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of JCI. Brighton Jones LLC acquired a new position in shares of Johnson Controls International in the 4th quarter worth approximately $222,000. Koshinski Asset Management Inc. raised its holdings in shares of Johnson Controls International by 13.8% in the 1st quarter. Koshinski Asset Management Inc. now owns 3,503 shares of the company’s stock worth $281,000 after buying an additional 424 shares in the last quarter. Mather Group LLC. raised its holdings in shares of Johnson Controls International by 9.0% in the 1st quarter. Mather Group LLC. now owns 2,867 shares of the company’s stock worth $230,000 after buying an additional 236 shares in the last quarter. Rossby Financial LCC acquired a new position in shares of Johnson Controls International in the 1st quarter worth approximately $42,000. Finally, Keybank National Association OH raised its holdings in shares of Johnson Controls International by 1.4% in the 1st quarter. Keybank National Association OH now owns 30,815 shares of the company’s stock worth $2,469,000 after buying an additional 417 shares in the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Johnson Controls International

In other news, VP Nathan D. Manning sold 1,422 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total value of $149,395.32. Following the transaction, the vice president directly owned 139,459 shares in the company, valued at $14,651,562.54. This trade represents a 1.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $105.73, for a total value of $625,604.41. Following the completion of the transaction, the vice president owned 25,005 shares in the company, valued at $2,643,778.65. This represents a 19.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.54% of the stock is owned by company insiders.

Johnson Controls International Stock Up 0.2%

Shares of JCI opened at $114.48 on Friday. The firm has a market capitalization of $74.91 billion, a price-to-earnings ratio of 33.97, a PEG ratio of 1.70 and a beta of 1.33. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.81 and a current ratio of 0.96. The business’s fifty day moving average price is $108.64 and its two-hundred day moving average price is $102.77. Johnson Controls International plc has a 52 week low of $68.03 and a 52 week high of $116.48.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.06. Johnson Controls International had a return on equity of 14.71% and a net margin of 9.53%.The business had revenue of $6.05 billion for the quarter, compared to analyst estimates of $5.99 billion. On average, analysts predict 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. Stockholders of record on Monday, September 22nd were given a $0.40 dividend. The ex-dividend date was Monday, September 22nd. This represents a $1.60 annualized dividend and a dividend yield of 1.4%. This is an increase from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s dividend payout ratio is 47.48%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on JCI shares. Deutsche Bank Aktiengesellschaft increased their target price on Johnson Controls International from $124.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Weiss Ratings restated a “buy (b)” rating on shares of Johnson Controls International in a research report on Wednesday, October 8th. Robert W. Baird increased their price target on Johnson Controls International from $110.00 to $115.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 14th. Morgan Stanley increased their price target on Johnson Controls International from $115.00 to $125.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Finally, Royal Bank Of Canada increased their price target on Johnson Controls International from $114.00 to $116.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 16th. Ten analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, Johnson Controls International presently has a consensus rating of “Moderate Buy” and a consensus 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.