Marble Wealth LLC Buys New Holdings in Johnson Controls International plc $JCI

Marble Wealth LLC bought a new stake in Johnson Controls International plc (NYSE:JCI) in the 4th quarter, Holdings Channel.com reports. The firm bought 4,221 shares of the company’s stock, valued at approximately $506,000.

Other hedge funds have also recently bought and sold shares of the company. Lcnb Corp boosted its holdings in shares of Johnson Controls International by 4.0% during the fourth quarter. Lcnb Corp now owns 2,094 shares of the company’s stock worth $251,000 after acquiring an additional 81 shares during the period. Catalyst Financial Partners LLC grew its position in shares of Johnson Controls International by 2.5% in the third quarter. Catalyst Financial Partners LLC now owns 3,398 shares of the company’s stock valued at $374,000 after purchasing an additional 84 shares during the last quarter. Millstone Evans Group LLC grew its position in shares of Johnson Controls International by 2.6% in the fourth quarter. Millstone Evans Group LLC now owns 3,427 shares of the company’s stock valued at $410,000 after purchasing an additional 87 shares during the last quarter. apricus wealth LLC grew its position in shares of Johnson Controls International by 3.1% in the fourth quarter. apricus wealth LLC now owns 2,946 shares of the company’s stock valued at $353,000 after purchasing an additional 89 shares during the last quarter. Finally, Founders Financial Securities LLC grew its position in shares of Johnson Controls International by 2.6% in the fourth quarter. Founders Financial Securities LLC now owns 3,490 shares of the company’s stock valued at $418,000 after purchasing an additional 89 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Johnson Controls International Stock Up 3.6%

NYSE JCI opened at $147.11 on Thursday. The company has a current ratio of 1.04, a quick ratio of 0.85 and a debt-to-equity ratio of 0.64. Johnson Controls International plc has a 1-year low of $100.86 and a 1-year high of $148.38. The company has a 50 day moving average of $138.76 and a 200-day moving average of $129.39. The company has a market cap of $89.75 billion, a price-to-earnings ratio of 26.32, a PEG ratio of 1.54 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Tuesday, March 31st. The company reported $1.19 earnings per share for the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. The company had revenue of $6.14 billion during the quarter. On average, equities research analysts expect that Johnson Controls International plc will post 4.86 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Monday, June 15th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Monday, June 15th. Johnson Controls International’s payout ratio is presently 28.62%.

Insider Buying and Selling at Johnson Controls International

In other news, VP Lei Zhang Schlitz sold 88,809 shares of Johnson Controls International stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $140.99, for a total value of $12,521,180.91. Following the completion of the sale, the vice president directly owned 57,059 shares in the company, valued at approximately $8,044,748.41. The trade was a 60.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.29% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on JCI. Citigroup upped their target price on Johnson Controls International from $150.00 to $155.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. The Goldman Sachs Group upped their target price on Johnson Controls International from $169.00 to $178.00 and gave the company a “buy” rating in a research report on Tuesday. JPMorgan Chase & Co. upped their target price on Johnson Controls International from $158.00 to $162.00 in a research report on Thursday, May 7th. Evercore began coverage on Johnson Controls International in a research report on Monday, April 13th. They issued a “hold” rating and a $155.00 target price on the stock. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $154.00 target price on shares of Johnson Controls International in a research report on Tuesday. Eleven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $149.79.

About Johnson Controls International

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.