Oliver Lagore Vanvalin Investment Group Takes Position in Johnson Controls International plc (NYSE:JCI)

Oliver Lagore Vanvalin Investment Group purchased a new position in shares of Johnson Controls International plc (NYSE:JCIGet Rating) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 417 shares of the company’s stock, valued at approximately $27,000.

A number of other large investors have also recently bought and sold shares of the business. First Affirmative Financial Network boosted its stake in Johnson Controls International by 3.4% during the 4th quarter. First Affirmative Financial Network now owns 4,495 shares of the company’s stock worth $365,000 after purchasing an additional 148 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in Johnson Controls International by 0.4% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,029 shares of the company’s stock worth $3,018,000 after buying an additional 173 shares during the last quarter. Penserra Capital Management LLC raised its position in Johnson Controls International by 6.0% during the 1st quarter. Penserra Capital Management LLC now owns 3,381 shares of the company’s stock worth $221,000 after buying an additional 192 shares during the last quarter. Lindbrook Capital LLC raised its position in Johnson Controls International by 15.5% during the 1st quarter. Lindbrook Capital LLC now owns 1,477 shares of the company’s stock worth $97,000 after buying an additional 198 shares during the last quarter. Finally, Ellevest Inc. raised its position in Johnson Controls International by 17.9% during the 1st quarter. Ellevest Inc. now owns 1,342 shares of the company’s stock worth $88,000 after buying an additional 204 shares during the last quarter. Institutional investors and hedge funds own 88.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on JCI. Jefferies Financial Group cut their price objective on shares of Johnson Controls International from $70.00 to $65.00 in a research report on Friday, July 15th. The Goldman Sachs Group cut their price objective on shares of Johnson Controls International from $73.00 to $62.00 and set a “buy” rating for the company in a research report on Thursday, June 23rd. Mizuho cut their price target on shares of Johnson Controls International from $68.00 to $65.00 and set a “buy” rating for the company in a report on Monday, July 18th. Barclays cut their price target on shares of Johnson Controls International from $65.00 to $60.00 and set an “overweight” rating for the company in a report on Friday, July 8th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Johnson Controls International from $70.00 to $61.00 in a report on Wednesday, July 13th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $67.71.

Johnson Controls International Price Performance

Johnson Controls International stock opened at $53.61 on Friday. The firm’s 50-day moving average is $53.84 and its two-hundred day moving average is $56.15. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.97 and a quick ratio of 0.76. Johnson Controls International plc has a 12-month low of $45.52 and a 12-month high of $81.77. The stock has a market capitalization of $36.93 billion, a P/E ratio of 35.98, a P/E/G ratio of 1.25 and a beta of 1.17.

Johnson Controls International (NYSE:JCIGet Rating) last released its earnings results on Thursday, August 4th. The company reported $0.85 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.85. Johnson Controls International had a net margin of 4.17% and a return on equity of 11.35%. The business had revenue of $6.61 billion for the quarter, compared to analysts’ expectations of $6.76 billion. During the same period last year, the company earned $0.83 earnings per share. The company’s quarterly revenue was up 4.3% on a year-over-year basis. Equities analysts predict that Johnson Controls International plc will post 3 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 14th. Investors of record on Monday, September 26th will be given a $0.35 dividend. The ex-dividend date is Friday, September 23rd. This represents a $1.40 annualized dividend and a dividend yield of 2.61%. Johnson Controls International’s dividend payout ratio is presently 93.96%.

Johnson Controls International Company Profile

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Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.

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Institutional Ownership by Quarter for Johnson Controls International (NYSE:JCI)

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