Johnson Controls International plc $JCI Shares Acquired by Earned Wealth Advisors LLC

Earned Wealth Advisors LLC increased its stake in Johnson Controls International plc (NYSE:JCI) by 12.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,985 shares of the company’s stock after purchasing an additional 428 shares during the period. Earned Wealth Advisors LLC’s holdings in Johnson Controls International were worth $421,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Nuveen LLC acquired a new stake in Johnson Controls International in the first quarter worth $219,110,000. AQR Capital Management LLC grew its position in shares of Johnson Controls International by 747.6% during the first quarter. AQR Capital Management LLC now owns 2,034,060 shares of the company’s stock worth $159,186,000 after acquiring an additional 1,794,089 shares during the last quarter. Jennison Associates LLC increased its holdings in shares of Johnson Controls International by 232.4% in the 2nd quarter. Jennison Associates LLC now owns 2,124,125 shares of the company’s stock worth $224,350,000 after acquiring an additional 1,485,007 shares during the period. Alkeon Capital Management LLC bought a new stake in Johnson Controls International in the 1st quarter valued at about $112,154,000. Finally, Voya Investment Management LLC boosted its stake in Johnson Controls International by 637.1% during the 1st quarter. Voya Investment Management LLC now owns 1,567,576 shares of the company’s stock valued at $125,578,000 after purchasing an additional 1,354,912 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Royal Bank Of Canada raised their price target on shares of Johnson Controls International from $114.00 to $116.00 and gave the company a “sector perform” rating in a research note on Thursday, October 16th. Wolfe Research increased their price objective on Johnson Controls International from $132.00 to $133.00 and gave the stock an “outperform” rating in a report on Friday, September 12th. Barclays lifted their target price on Johnson Controls International from $100.00 to $101.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 30th. JPMorgan Chase & Co. increased their price target on Johnson Controls International from $105.00 to $125.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Finally, Morgan Stanley increased their target price on shares of Johnson Controls International from $115.00 to $125.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Ten research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $113.41.

Insider Activity

In other news, VP Daniel C. Mcconeghy sold 5,917 shares of the business’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total transaction of $625,604.41. Following the sale, the vice president owned 25,005 shares in the company, valued at $2,643,778.65. The trade was a 19.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total transaction of $149,395.32. Following the completion of the transaction, the vice president directly owned 139,459 shares of the company’s stock, valued at $14,651,562.54. This represents a 1.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.54% of the stock is currently owned by insiders.

Johnson Controls International Stock Up 0.7%

JCI stock opened at $114.09 on Friday. The firm has a market cap of $74.66 billion, a PE ratio of 33.85, a P/E/G ratio of 1.70 and a beta of 1.33. Johnson Controls International plc has a 12 month low of $68.03 and a 12 month high of $116.48. The firm has a 50 day simple moving average of $108.49 and a 200 day simple moving average of $102.52. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.96 and a quick ratio of 0.81.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Tuesday, July 29th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.06. The business had revenue of $6.05 billion during the quarter, compared to analyst estimates of $5.99 billion. Johnson Controls International had a return on equity of 14.71% and a net margin of 9.53%. Equities research analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Monday, September 22nd were paid a $0.40 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $1.60 dividend on an annualized basis and a yield of 1.4%. This is an increase from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s dividend payout ratio (DPR) is 47.48%.

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.