Johnson Controls International plc (NYSE:JCI) Shares Sold by Clarius Group LLC

Clarius Group LLC cut its position in Johnson Controls International plc (NYSE:JCI) by 9.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,913 shares of the company’s stock after selling 497 shares during the period. Clarius Group LLC’s holdings in Johnson Controls International were worth $283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Raymond James Trust N.A. lifted its stake 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 in the last quarter. Synovus Financial Corp lifted its stake in Johnson Controls International by 3.6% in the 1st quarter. Synovus Financial Corp now owns 12,080 shares of the company’s stock worth $786,000 after purchasing an additional 425 shares in the last quarter. Baird Financial Group Inc. boosted its holdings in shares of Johnson Controls International by 0.7% during the 1st 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 last quarter. Brown Brothers Harriman & Co. boosted its holdings in shares of Johnson Controls International by 23.0% during the 1st 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 grew its position in shares of Johnson Controls International by 3.5% in 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 in the last quarter. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on JCI shares. Mizuho lowered Johnson Controls International from a “buy” rating to a “neutral” rating and set a $62.00 price objective on the stock. in a research note on Friday, February 23rd. Royal Bank of Canada lowered their price target on shares of Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating on the stock in a research report on Wednesday, January 31st. Barclays raised their price objective on shares of Johnson Controls International from $59.00 to $61.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 2nd. HSBC downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $60.00 target price on the stock. in a research note on Wednesday, January 31st. Finally, Citigroup increased their price target on shares of Johnson Controls International from $59.00 to $68.00 and gave the company a “neutral” rating in a research note on Monday, April 8th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $64.08.

Johnson Controls International Price Performance

JCI stock opened at $65.29 on Monday. The company has a current ratio of 0.97, a quick ratio of 0.73 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $44.49 billion, a PE ratio of 21.27, a P/E/G ratio of 1.64 and a beta of 1.24. The business’s fifty day moving average price is $60.98 and its 200 day moving average price is $56.09. Johnson Controls International plc has a 12-month low of $47.90 and a 12-month high of $70.43.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Tuesday, January 30th. The company reported $0.51 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.51. The business had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.94 billion. Johnson Controls International had a return on equity of 13.08% and a net margin of 7.85%. The company’s revenue for the quarter was up .4% compared to the same quarter last year. During the same period last year, the firm earned $0.67 earnings per share. On average, sell-side analysts anticipate that Johnson Controls International plc will post 3.61 EPS for the current year.

Johnson Controls International Announces Dividend

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

About Johnson Controls International

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.