Blue Jean Financial LLC Takes Position in Johnson Controls International plc $JCI

Blue Jean Financial LLC acquired a new stake in Johnson Controls International plc (NYSE:JCI) in the 4th quarter, Holdings Channel.com reports. The fund acquired 10,210 shares of the company’s stock, valued at approximately $1,223,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Maseco LLP increased its stake in shares of 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 during the period. Roxbury Financial LLC increased its stake in shares of 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 during the period. Twin Tree Management LP increased its stake in shares of Johnson Controls International by 140.9% in the fourth quarter. Twin Tree Management LP now owns 260 shares of the company’s stock valued at $31,000 after buying an additional 895 shares during the period. YANKCOM Partnership acquired a new position in shares of Johnson Controls International in the fourth quarter valued at approximately $34,000. Finally, Dunhill Financial LLC increased its stake in shares of Johnson Controls International by 123.3% in the third quarter. Dunhill Financial LLC now owns 335 shares of the company’s stock valued at $37,000 after buying an additional 185 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. BNP Paribas Exane assumed coverage on Johnson Controls International in a research note on Tuesday, April 14th. They issued an “underperform” rating and a $120.00 price objective for the company. HSBC upped their price objective on Johnson Controls International from $127.00 to $136.00 in a research note on Thursday, May 7th. Wells Fargo & Company increased their target price on shares of Johnson Controls International from $145.00 to $160.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. increased their target price on shares of Johnson Controls International from $158.00 to $162.00 in a research report on Thursday, May 7th. Finally, Barclays increased their target price on shares of Johnson Controls International from $136.00 to $144.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Johnson Controls International has a consensus rating of “Moderate Buy” and a consensus price target of $152.85.

Insider Activity at Johnson Controls International

In other news, VP Todd M. Grabowski sold 1,800 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $146.20, for a total transaction of $263,160.00. Following the completion of the sale, the vice president owned 26,215 shares of the company’s stock, valued at $3,832,633. This trade represents a 6.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is available 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 sale, the vice president directly owned 57,059 shares of the company’s stock, valued at approximately $8,044,748.41. This trade represents a 60.88% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.29% of the company’s stock.

Johnson Controls International Stock Performance

NYSE:JCI opened at $144.83 on Friday. The company has a market capitalization of $88.36 billion, a PE ratio of 25.91, a P/E/G ratio of 1.57 and a beta of 1.32. The company has a 50 day simple moving average of $140.40 and a two-hundred day simple moving average of $130.73. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.85 and a current ratio of 1.04. Johnson Controls International plc has a fifty-two week low of $100.86 and a fifty-two week high of $149.10.

Johnson Controls International (NYSE:JCI) last released its earnings results on Tuesday, March 31st. The company reported $1.19 earnings per share 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%. Research analysts anticipate that Johnson Controls International plc will post 4.86 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Monday, June 15th will be given a dividend of $0.40 per share. 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 dividend payout ratio (DPR) is 28.62%.

Johnson Controls International Company 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.