PFG Investments LLC Grows Position in Johnson Controls International plc (NYSE:JCI)

PFG Investments LLC raised its position in Johnson Controls International plc (NYSE:JCIFree Report) by 5.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,837 shares of the company’s stock after purchasing an additional 340 shares during the quarter. PFG Investments LLC’s holdings in Johnson Controls International were worth $394,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Raymond James Trust N.A. raised its holdings in shares of Johnson Controls International by 3.1% in the first quarter. Raymond James Trust N.A. now owns 13,142 shares of the company’s stock worth $862,000 after buying an additional 401 shares during the period. Synovus Financial Corp grew its position in Johnson Controls International by 3.6% in the 1st quarter. Synovus Financial Corp now owns 12,080 shares of the company’s stock valued at $786,000 after acquiring an additional 425 shares during the last quarter. Baird Financial Group Inc. increased its stake in Johnson Controls International by 0.7% in the first quarter. Baird Financial Group Inc. now owns 70,039 shares of the company’s stock worth $4,593,000 after purchasing an additional 461 shares during the period. Brown Brothers Harriman & Co. lifted its position in shares of Johnson Controls International by 23.0% during the first quarter. Brown Brothers Harriman & Co. now owns 7,581 shares of the company’s stock worth $497,000 after purchasing an additional 1,418 shares during the last quarter. Finally, Mackenzie Financial Corp boosted its stake in shares of Johnson Controls International by 3.5% during the first quarter. Mackenzie Financial Corp now owns 371,039 shares of the company’s stock valued at $24,329,000 after purchasing an additional 12,648 shares during the period. Institutional investors own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on JCI shares. Citigroup lifted their price objective on shares of Johnson Controls International from $58.00 to $61.00 and gave the company a “neutral” rating in a report on Monday, December 11th. Argus lowered Johnson Controls International from a “buy” rating to a “hold” rating in a report on Tuesday, February 20th. Vertical Research downgraded Johnson Controls International from a “buy” rating to a “hold” rating and set a $55.00 price objective on the stock. in a report on Wednesday, December 13th. StockNews.com cut Johnson Controls International from a “buy” rating to a “hold” rating in a report on Thursday, January 25th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $60.00 price target (down previously from $65.00) on shares of Johnson Controls International in a research note on Wednesday, January 31st. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $62.58.

View Our Latest Research Report on Johnson Controls International

Johnson Controls International Trading Up 0.7 %

NYSE:JCI opened at $65.32 on Friday. The stock has a market capitalization of $44.51 billion, a price-to-earnings ratio of 21.28, a PEG ratio of 1.61 and a beta of 1.24. Johnson Controls International plc has a 52 week low of $47.90 and a 52 week high of $70.43. The company has a quick ratio of 0.73, a current ratio of 0.97 and a debt-to-equity ratio of 0.45. The firm has a 50 day moving average of $58.49 and a 200 day moving average of $55.33.

Johnson Controls International (NYSE:JCIGet Free Report) last issued its quarterly earnings data on Tuesday, January 30th. The company reported $0.51 EPS for the quarter, meeting the consensus estimate of $0.51. Johnson Controls International had a return on equity of 13.08% and a net margin of 7.85%. The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.94 billion. During the same quarter in the prior year, the business posted $0.67 EPS. The business’s revenue for the quarter was up .4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Johnson Controls International plc will post 3.62 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 19th. Stockholders of record on Monday, March 25th will be paid a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, March 22nd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.27%. Johnson Controls International’s payout ratio is 48.21%.

Johnson Controls International Profile

(Free Report)

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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