XTX Topco Ltd Purchases 3,153 Shares of Johnson Controls International plc (NYSE:JCI)

XTX Topco Ltd lifted its position in Johnson Controls International plc (NYSE:JCI) by 18.8% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 19,887 shares of the company’s stock after buying an additional 3,153 shares during the period. XTX Topco Ltd’s holdings in Johnson Controls International were worth $1,322,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. United Services Automobile Association raised its holdings in shares of Johnson Controls International by 7.9% in the 4th quarter. United Services Automobile Association now owns 20,376 shares of the company’s stock valued at $1,174,000 after purchasing an additional 1,490 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in Johnson Controls International by 27.6% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 79,840 shares of the company’s stock worth $4,602,000 after buying an additional 17,263 shares in the last quarter. M&G Plc purchased a new stake in Johnson Controls International during the first quarter worth $120,948,000. Vanguard Group Inc. boosted its position in Johnson Controls International by 17.3% during the 4th quarter. Vanguard Group Inc. now owns 71,387,169 shares of the company’s stock valued at $4,114,756,000 after acquiring an additional 10,522,009 shares in the last quarter. Finally, D.A. Davidson & CO. increased its holdings in shares of Johnson Controls International by 33.1% in the 4th quarter. D.A. Davidson & CO. now owns 26,919 shares of the company’s stock valued at $1,552,000 after acquiring an additional 6,697 shares during the period. 90.05% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, COO Nathan D. Manning sold 1,167 shares of Johnson Controls International stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $70.71, for a total transaction of $82,518.57. Following the completion of the transaction, the chief operating officer now owns 103,866 shares in the company, valued at approximately $7,344,364.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO George Oliver sold 110,615 shares of the stock in a transaction on Monday, September 16th. The shares were sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the sale, the chief executive officer now directly owns 1,243,751 shares of the company’s stock, valued at $90,383,385.17. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Nathan D. Manning sold 1,167 shares of the business’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $70.71, for a total transaction of $82,518.57. Following the completion of the sale, the chief operating officer now directly owns 103,866 shares of the company’s stock, valued at approximately $7,344,364.86. The disclosure for this sale can be found here. Over the last three months, insiders have sold 115,046 shares of company stock valued at $8,347,562. 0.69% of the stock is owned by insiders.

Analyst Ratings Changes

JCI has been the subject of a number of analyst reports. Royal Bank of Canada upgraded Johnson Controls International from an “underperform” rating to a “sector perform” rating and upped their price objective for the stock from $61.00 to $69.00 in a research note on Wednesday, August 14th. Oppenheimer raised their price target on shares of Johnson Controls International from $70.00 to $76.00 and gave the company an “outperform” rating in a report on Thursday, June 27th. StockNews.com upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating in a research note on Friday, August 2nd. Robert W. Baird increased their target price on shares of Johnson Controls International from $72.00 to $78.00 and gave the company a “neutral” rating in a research report on Thursday, August 1st. Finally, The Goldman Sachs Group lifted their price target on shares of Johnson Controls International from $73.00 to $81.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Eleven analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Johnson Controls International has a consensus rating of “Hold” and a consensus target price of $70.21.

Johnson Controls International Stock Down 0.2 %

Shares of JCI stock opened at $74.10 on Friday. Johnson Controls International plc has a fifty-two week low of $47.90 and a fifty-two week high of $75.36. The firm has a market capitalization of $49.50 billion, a PE ratio of 30.00, a P/E/G ratio of 1.91 and a beta of 1.29. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.73 and a current ratio of 0.96. The stock’s 50-day simple moving average is $69.95 and its 200-day simple moving average is $67.74.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.06. Johnson Controls International had a net margin of 6.02% and a return on equity of 13.64%. The company had revenue of $7.23 billion for the quarter, compared to the consensus estimate of $7.53 billion. During the same quarter in the prior year, the company earned $1.03 EPS. Johnson Controls International’s quarterly revenue was up 1.4% on a year-over-year basis. Equities analysts expect that Johnson Controls International plc will post 3.67 earnings per share for the current year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Investors of record on Wednesday, September 25th will be given a dividend of $0.37 per share. 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 2.00%. Johnson Controls International’s dividend payout ratio is presently 59.92%.

Johnson Controls International Company 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.