Annex Advisory Services LLC Takes $203,000 Position in Johnson Controls International plc (NYSE:JCI)

Annex Advisory Services LLC purchased a new position in Johnson Controls International plc (NYSE:JCI) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,618 shares of the company’s stock, valued at approximately $203,000.

Several other hedge funds have also recently bought and sold shares of JCI. Capital World Investors grew its holdings in Johnson Controls International by 85.5% during the 1st quarter. Capital World Investors now owns 14,142,736 shares of the company’s stock valued at $923,804,000 after buying an additional 6,520,580 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in shares of Johnson Controls International by 686.4% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,445,418 shares of the company’s stock valued at $295,487,000 after acquiring an additional 3,880,146 shares during the last quarter. M&G Plc purchased a new stake in Johnson Controls International during the 1st quarter worth about $120,948,000. Toronto Dominion Bank increased its position in Johnson Controls International by 413.5% during the 1st quarter. Toronto Dominion Bank now owns 1,935,465 shares of the company’s stock worth $126,425,000 after purchasing an additional 1,558,560 shares in the last quarter. Finally, DAVENPORT & Co LLC raised its stake in Johnson Controls International by 4,782.9% in the 1st quarter. DAVENPORT & Co LLC now owns 1,254,613 shares of the company’s stock valued at $81,798,000 after purchasing an additional 1,228,919 shares during the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Johnson Controls International

In other news, COO Nathan D. Manning sold 1,167 shares of Johnson Controls International stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total transaction of $84,899.25. Following the sale, the chief operating officer now directly owns 143,488 shares of the company’s stock, valued at approximately $10,438,752. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, COO Nathan D. Manning sold 3,000 shares of the stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $77.08, for a total transaction of $231,240.00. Following the completion of the transaction, the chief operating officer now directly owns 140,488 shares in the company, valued at approximately $10,828,815.04. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Nathan D. Manning sold 1,167 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total transaction of $84,899.25. Following the sale, the chief operating officer now directly owns 143,488 shares of the company’s stock, valued at $10,438,752. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 116,879 shares of company stock valued at $8,503,656 in the last ninety days. Insiders own 0.69% of the company’s stock.

Johnson Controls International Trading Up 0.1 %

NYSE:JCI opened at $77.68 on Tuesday. The business’s 50-day moving average is $72.32 and its two-hundred day moving average is $69.34. The firm has a market capitalization of $51.89 billion, a PE ratio of 32.50, a price-to-earnings-growth ratio of 2.07 and a beta of 1.29. Johnson Controls International plc has a 12 month low of $47.90 and a 12 month high of $78.23. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.96 and a quick ratio of 0.73.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Wednesday, July 31st. The company reported $1.14 EPS for the quarter, topping the consensus estimate of $1.08 by $0.06. Johnson Controls International had a return on equity of 13.64% and a net margin of 6.02%. The firm had revenue of $7.23 billion for the quarter, compared to analyst estimates of $7.53 billion. During the same period in the previous year, the company posted $1.03 EPS. Johnson Controls International’s revenue for the quarter was up 1.4% on a year-over-year basis. Research analysts predict that Johnson Controls International plc will post 3.68 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th will be issued a $0.37 dividend. The ex-dividend date of this dividend is Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a yield of 1.91%. Johnson Controls International’s dividend payout ratio is currently 61.92%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Oppenheimer lifted their price target on shares of Johnson Controls International from $79.00 to $86.00 and gave the stock an “outperform” rating in a report on Wednesday, October 2nd. Wells Fargo & Company lifted their target price on shares of Johnson Controls International from $80.00 to $84.00 and gave the stock an “overweight” rating in a research note on Monday, October 7th. StockNews.com cut Johnson Controls International from a “buy” rating to a “hold” rating in a report on Thursday, October 10th. Barclays lifted their price objective on Johnson Controls International from $62.00 to $64.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 2nd. Finally, Bank of America increased their target price on Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Twelve research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $72.50.

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.