Johnson Controls International plc (NYSE:JCI) Shares Sold by Interval Partners LP

Interval Partners LP decreased its position in shares of Johnson Controls International plc (NYSE:JCI) by 28.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 106,500 shares of the company’s stock after selling 41,770 shares during the quarter. Interval Partners LP’s holdings in Johnson Controls International were worth $8,406,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JCI. Compass Financial Services Inc acquired a new stake in Johnson Controls International during the fourth quarter worth $26,000. SBI Securities Co. Ltd. purchased a new stake in Johnson Controls International in the 4th quarter valued at about $29,000. Crowley Wealth Management Inc. acquired a new position in Johnson Controls International in the fourth quarter valued at about $42,000. Synergy Asset Management LLC purchased a new position in Johnson Controls International during the fourth quarter worth about $42,000. Finally, ST Germain D J Co. Inc. increased its position in shares of Johnson Controls International by 32.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after acquiring an additional 134 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Trading Up 0.8%

Johnson Controls International stock opened at $91.96 on Monday. The firm has a 50 day simple moving average of $80.63 and a 200-day simple moving average of $81.64. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. The stock has a market capitalization of $60.51 billion, a PE ratio of 35.10, a price-to-earnings-growth ratio of 1.96 and a beta of 1.28. Johnson Controls International plc has a 12-month low of $64.31 and a 12-month high of $97.30.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. The firm had revenue of $5.68 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the previous year, the company earned $0.78 EPS. The business’s revenue for the quarter was up 1.4% compared to the same quarter last year. As a group, equities research analysts expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 24th were given a $0.37 dividend. The ex-dividend date was Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a yield of 1.61%. Johnson Controls International’s payout ratio is 39.47%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Oppenheimer raised their price target on Johnson Controls International from $90.00 to $96.00 and gave the stock an “outperform” rating in a research report on Thursday. Melius Research restated a “hold” rating and set a $95.00 target price on shares of Johnson Controls International in a report on Tuesday, January 28th. Royal Bank of Canada boosted their price target on shares of Johnson Controls International from $82.00 to $98.00 and gave the stock a “sector perform” rating in a research note on Thursday. Wells Fargo & Company increased their target price on shares of Johnson Controls International from $82.00 to $100.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, JPMorgan Chase & Co. reduced their price target on Johnson Controls International from $100.00 to $81.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 8th. Eight research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $92.94.

Insider Buying and Selling at Johnson Controls International

In related news, CEO George Oliver sold 162,894 shares of the stock in a transaction on Friday, February 14th. The stock was sold at an average price of $89.28, for a total transaction of $14,543,176.32. Following the completion of the sale, the chief executive officer now directly owns 1,203,893 shares in the company, valued at approximately $107,483,567.04. This trade represents a 11.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of the business’s stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $86.91, for a total value of $123,586.02. Following the completion of the transaction, the vice president now owns 144,704 shares in the company, valued at $12,576,224.64. This trade represents a 0.97% decrease in their position. The disclosure for this sale can be found here. Insiders sold 523,290 shares of company stock valued at $44,018,746 in the last quarter. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Profile

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.