Johnson Controls International plc $JCI Stock: TD Waterhouse Canada Inc. Increases Holdings

TD Waterhouse Canada Inc. increased its position in shares of Johnson Controls International plc (NYSE:JCI) by 4.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 130,788 shares of the company’s stock after acquiring an additional 5,908 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Johnson Controls International were worth $19,862,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. NBH Bank acquired a new stake in Johnson Controls International in the second quarter worth $29,000. Virginia Estate & Retirement Planning Advisors Inc. bought a new position in shares of Johnson Controls International during the third quarter worth $33,000. Fourth Dimension Wealth LLC grew its holdings in shares of Johnson Controls International by 51.3% in the 2nd quarter. Fourth Dimension Wealth LLC now owns 230 shares of the company’s stock valued at $34,000 after buying an additional 78 shares during the period. First Bancorp Inc ME acquired a new position in shares of Johnson Controls International in the 2nd quarter valued at $34,000. Finally, Axiom Investment Management LLC acquired a new position in shares of Johnson Controls International in the 2nd quarter valued at $41,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

JCI has been the subject of a number of recent analyst reports. The Goldman Sachs Group upped their price objective on shares of Johnson Controls International from $186.00 to $191.00 and gave the company a “buy” rating in a research report on Wednesday, September 30th. Citigroup lifted their target price on Johnson Controls International from $157.00 to $170.00 and gave the stock a “neutral” rating in a report on Monday, October 12th. UBS Group reiterated a “buy” rating on shares of Johnson Controls International in a report on Wednesday, September 16th. Deutsche Bank Aktiengesellschaft decreased their target price on Johnson Controls International from $180.00 to $178.00 and set a “buy” rating for the company in a research note on Wednesday, September 30th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Johnson Controls International in a report on Wednesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Johnson Controls International has an average rating of “Moderate Buy” and an average price target of $163.05.

Insider Activity

In other news, VP Lei Schlitz sold 23,417 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $153.07, for a total value of $3,584,440.19. Following the sale, the vice president directly owned 15,017 shares in the company, valued at $2,298,652.19. This trade represents a 60.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.29% of the stock is owned by company insiders.

Johnson Controls International Stock Down 1.7%

NYSE:JCI opened at $145.19 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.83 and a current ratio of 1.00. The company has a market cap of $87.95 billion, a PE ratio of 25.25, a PEG ratio of 1.08 and a beta of 1.27. Johnson Controls International plc has a 52-week low of $107.77 and a 52-week high of $160.41. The stock has a 50-day simple moving average of $147.36 and a 200 day simple moving average of $143.66.

Johnson Controls International (NYSE:JCI) last announced its earnings results on Thursday, July 30th. The company reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.12. The business had revenue of $6.61 billion for the quarter, compared to analyst estimates of $6.46 billion. Johnson Controls International had a return on equity of 22.11% and a net margin of 14.32%. Johnson Controls International’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.05 EPS. On average, sell-side analysts expect that Johnson Controls International plc will post 5.08 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Monday, September 21st were issued a $0.40 dividend. The ex-dividend date was Monday, September 21st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. Johnson Controls International’s dividend payout ratio (DPR) is 27.83%.

Johnson Controls International Profile

Johnson Controls International plc (NYSE:JCI) is a global provider of building technology, products and services. The company helps customers design, operate and maintain efficient, healthy and secure buildings through solutions for heating, ventilation and air conditioning, building automation, energy management, fire detection and suppression, and physical security.

Its portfolio includes building controls and digital management platforms, HVAC equipment, chillers, air-handling systems, fire and security technologies, and related services.