MGO One Seven LLC Buys 58,455 Shares of Johnson Controls International plc $JCI

MGO One Seven LLC grew its stake in Johnson Controls International plc (NYSE:JCI) by 80.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 131,081 shares of the company’s stock after buying an additional 58,455 shares during the period. MGO One Seven LLC’s holdings in Johnson Controls International were worth $19,152,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Mcguire Capital Advisors Inc. bought a new stake in Johnson Controls International in the fourth quarter valued at approximately $27,000. Twin Tree Management LP raised its holdings in Johnson Controls International by 140.9% during the 4th quarter. Twin Tree Management LP now owns 260 shares of the company’s stock worth $31,000 after purchasing an additional 895 shares during the last quarter. SJS Investment Consulting Inc. lifted its position in shares of Johnson Controls International by 747.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 288 shares of the company’s stock worth $38,000 after purchasing an additional 254 shares during the period. Axiom Investment Management LLC acquired a new position in shares of Johnson Controls International in the 2nd quarter worth approximately $41,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of Johnson Controls International in the 4th quarter valued at $47,000. 90.05% of the stock is currently owned by institutional investors.

Insider Activity

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 23,417 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $153.07, for a total value of $3,584,440.19. Following the transaction, the vice president owned 15,017 shares in the company, valued at approximately $2,298,652.19. This represents a 60.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 value of $263,160.00. Following the completion of the sale, the vice president directly 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 disclosure for this sale is available in the SEC filing. Company insiders own 0.29% of the company’s stock.

Johnson Controls International Stock Performance

NYSE:JCI opened at $153.73 on Friday. The company has a quick ratio of 0.83, a current ratio of 1.00 and a debt-to-equity ratio of 0.61. Johnson Controls International plc has a twelve month low of $103.07 and a twelve month high of $157.06. The company has a fifty day moving average of $144.91 and a 200-day moving average of $139.75. The firm has a market capitalization of $93.12 billion, a P/E ratio of 26.74, a P/E/G ratio of 1.48 and a beta of 1.31.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.12. Johnson Controls International had a net margin of 14.32% and a return on equity of 22.11%. The business had revenue of $6.61 billion during the quarter, compared to analysts’ expectations of $6.46 billion. During the same period last year, the company posted $1.05 earnings per share. The business’s quarterly revenue was up 9.3% on a year-over-year basis. As a group, sell-side analysts anticipate that Johnson Controls International plc will post 5.08 EPS for the current year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 15th were paid a $0.40 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.60 annualized dividend and a dividend yield of 1.0%. Johnson Controls International’s dividend payout ratio (DPR) is currently 27.83%.

Wall Street Analysts Forecast Growth

JCI has been the subject of a number of analyst reports. Citigroup lifted their target price on shares of Johnson Controls International from $155.00 to $157.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Wolfe Research reaffirmed an “outperform” rating and set a $171.00 price target on shares of Johnson Controls International in a research report on Wednesday, June 3rd. Wall Street Zen downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. HSBC lifted their price objective on Johnson Controls International from $127.00 to $136.00 in a research report on Thursday, May 7th. Finally, Sanford C. Bernstein boosted their price objective on Johnson Controls International from $173.00 to $190.00 and gave the company an “outperform” rating in a research note on Friday. Twelve investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $155.50.

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.