Gamco Investors INC. ET AL Sells 15,826 Shares of Johnson Controls International plc $JCI

Gamco Investors INC. ET AL lowered its stake in Johnson Controls International plc (NYSE:JCI) by 4.1% in the fourth quarter, Holdings Channel reports. The fund owned 371,780 shares of the company’s stock after selling 15,826 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Johnson Controls International were worth $44,521,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Maseco LLP boosted its position in Johnson Controls International by 102.9% in the fourth quarter. Maseco LLP now owns 211 shares of the company’s stock valued at $25,000 after buying an additional 107 shares in the last quarter. Roxbury Financial LLC boosted its position in Johnson Controls International by 71.9% in the fourth quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock valued at $29,000 after buying an additional 100 shares in the last quarter. YANKCOM Partnership acquired a new position in shares of Johnson Controls International during the fourth quarter worth $34,000. Physician Wealth Advisors Inc. increased its holdings in shares of Johnson Controls International by 62.8% during the third quarter. Physician Wealth Advisors Inc. now owns 319 shares of the company’s stock worth $35,000 after buying an additional 123 shares in the last quarter. Finally, Dunhill Financial LLC increased its holdings in shares of Johnson Controls International by 123.3% during the third quarter. Dunhill Financial LLC now owns 335 shares of the company’s stock worth $37,000 after buying an additional 185 shares in the last quarter. Institutional investors own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on JCI. JPMorgan Chase & Co. upped their price target on shares of Johnson Controls International from $158.00 to $162.00 in a report on Thursday, May 7th. Rothschild & Co Redburn upped their price target on shares of Johnson Controls International from $137.00 to $150.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Mizuho upped their price target on shares of Johnson Controls International from $130.00 to $140.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Evercore began coverage on shares of Johnson Controls International in a report on Monday, April 13th. They set a “hold” rating and a $155.00 price target for the company. Finally, Jefferies Financial Group upped their price target on shares of Johnson Controls International from $125.00 to $135.00 and gave the stock a “hold” rating in a report on Wednesday, April 15th. Eleven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $147.63.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 3,600 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $142.56, for a total transaction of $513,216.00. Following the completion of the transaction, the vice president owned 24,273 shares in the company, valued at approximately $3,460,358.88. This trade represents a 12.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Lei Zhang Schlitz sold 88,809 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the transaction, the vice president owned 57,059 shares of the company’s stock, valued at approximately $8,044,748.41. The trade was a 60.88% decrease in their position. The SEC filing for this sale provides additional information. 0.29% of the stock is currently owned by company insiders.

Johnson Controls International Stock Down 0.0%

Shares of NYSE JCI opened at $143.01 on Monday. The company has a 50 day simple moving average of $137.41 and a 200 day simple moving average of $127.53. The firm has a market cap of $87.25 billion, a PE ratio of 25.58, a price-to-earnings-growth ratio of 1.58 and a beta of 1.37. Johnson Controls International plc has a 1 year low of $96.01 and a 1 year high of $147.32. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.04 and a quick ratio of 0.85.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings data on Tuesday, March 31st. The company reported $1.19 earnings per share (EPS) for the quarter. The business had revenue of $6.14 billion during the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. On average, research analysts forecast that Johnson Controls International plc will post 4.87 EPS for the current year.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 16th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, March 16th. This represents a $1.60 annualized dividend and a yield of 1.1%. Johnson Controls International’s dividend payout ratio (DPR) is presently 28.62%.

Johnson Controls International Profile

Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.