Thompson Siegel & Walmsley LLC trimmed its position in shares of Johnson Controls International plc (NYSE:JCI – Get Rating) by 85.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,500 shares of the company’s stock after selling 15,000 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Johnson Controls International were worth $203,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northwest Investment Counselors LLC acquired a new stake in Johnson Controls International during the 4th quarter valued at $25,000. Blue Bell Private Wealth Management LLC acquired a new position in Johnson Controls International during the 4th quarter worth $26,000. Addison Advisors LLC acquired a new position in Johnson Controls International during the 4th quarter worth $28,000. Bell Investment Advisors Inc acquired a new position in Johnson Controls International during the 3rd quarter worth $30,000. Finally, Elmwood Wealth Management Inc. acquired a new position in Johnson Controls International during the 4th quarter worth $32,000. 88.54% of the stock is owned by institutional investors and hedge funds.
Several research analysts have weighed in on JCI shares. Morgan Stanley decreased their price objective on shares of Johnson Controls International from $84.00 to $82.00 and set an “overweight” rating for the company in a report on Thursday, April 7th. Mizuho decreased their price objective on shares of Johnson Controls International from $88.00 to $68.00 in a report on Thursday. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Johnson Controls International from $79.00 to $70.00 in a report on Thursday. Bank of America assumed coverage on shares of Johnson Controls International in a report on Monday. They issued a “buy” rating and a $85.00 price target for the company. Finally, Barclays decreased their price target on shares of Johnson Controls International from $80.00 to $68.00 in a report on Thursday. Three equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $76.69.
Johnson Controls International (NYSE:JCI – Get Rating) last posted its earnings results on Wednesday, May 4th. The company reported $0.63 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.63. The firm had revenue of $6.10 billion during the quarter, compared to analyst estimates of $6.16 billion. Johnson Controls International had a net margin of 6.48% and a return on equity of 10.58%. Johnson Controls International’s revenue was up 9.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.52 EPS. Research analysts expect that Johnson Controls International plc will post 3.27 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, April 14th. Stockholders of record on Monday, March 21st were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.48%. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.34. The ex-dividend date was Friday, March 18th. Johnson Controls International’s dividend payout ratio (DPR) is 63.64%.
In other news, VP Robert M. Vanhimbergen sold 5,683 shares of the firm’s stock in a transaction on Friday, February 25th. The stock was sold at an average price of $64.44, for a total transaction of $366,212.52. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.76% of the stock is currently owned by company insiders.
Johnson Controls International Profile (Get Rating)
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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