PBU The Pension Fund of Early Childhood & Youth Educators Makes New $18.13 Million Investment in Johnson Controls International plc $JCI

PBU The Pension Fund of Early Childhood & Youth Educators acquired a new stake in shares of Johnson Controls International plc (NYSE:JCI) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 151,415 shares of the company’s stock, valued at approximately $18,132,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Maseco LLP grew its stake in Johnson Controls International by 102.9% in the fourth quarter. Maseco LLP now owns 211 shares of the company’s stock worth $25,000 after purchasing an additional 107 shares during the period. Roxbury Financial LLC grew its stake in Johnson Controls International by 71.9% in the fourth quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares during the period. YANKCOM Partnership purchased a new stake in Johnson Controls International in the fourth quarter worth $34,000. Dunhill Financial LLC grew its stake in Johnson Controls International by 123.3% in the third quarter. Dunhill Financial LLC now owns 335 shares of the company’s stock worth $37,000 after purchasing an additional 185 shares during the period. Finally, Flagship Harbor Advisors LLC purchased a new stake in Johnson Controls International in the fourth quarter worth $38,000. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Down 2.5%

JCI stock opened at $143.71 on Friday. Johnson Controls International plc has a 1-year low of $100.86 and a 1-year high of $148.38. The business has a fifty day moving average price of $139.11 and a 200-day moving average price of $129.69. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.04 and a quick ratio of 0.85. The stock has a market capitalization of $87.68 billion, a P/E ratio of 25.71, a P/E/G ratio of 1.59 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data 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 firm had revenue of $6.14 billion during the quarter. Equities analysts forecast that Johnson Controls International plc will post 4.86 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

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

Insider Activity at Johnson Controls International

In related news, VP Lei Zhang Schlitz sold 88,809 shares of Johnson Controls International stock in a transaction on Friday, May 8th. The stock was 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 owned 57,059 shares of the company’s stock, valued at $8,044,748.41. The trade was a 60.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.29% of the stock is owned by insiders.

Wall Street Analyst Weigh In

JCI has been the topic of several analyst reports. Robert W. Baird boosted their target price on Johnson Controls International from $132.00 to $148.00 and gave the stock a “neutral” rating in a report on Monday, April 27th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $154.00 target price on shares of Johnson Controls International in a report on Tuesday. Citigroup boosted their target price on Johnson Controls International from $150.00 to $155.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. HSBC boosted their target price on Johnson Controls International from $127.00 to $136.00 in a report on Thursday, May 7th. Finally, Oppenheimer reissued a “market perform” rating on shares of Johnson Controls International in a report on Tuesday. Eleven equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Johnson Controls International has a consensus rating of “Hold” and an average price target of $149.79.

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.