Czech National Bank Purchases 7,723 Shares of Johnson Controls International plc (NYSE:JCI)

Czech National Bank boosted its position in shares of Johnson Controls International plc (NYSE:JCI) by 6.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 136,081 shares of the company’s stock after buying an additional 7,723 shares during the period. Czech National Bank’s holdings in Johnson Controls International were worth $10,561,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in JCI. Rafferty Asset Management LLC lifted its holdings in Johnson Controls International by 5.5% during the 4th quarter. Rafferty Asset Management LLC now owns 57,065 shares of the company’s stock valued at $3,289,000 after purchasing an additional 2,956 shares during the last quarter. Tower Research Capital LLC TRC increased its position in Johnson Controls International by 99.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 81,274 shares of the company’s stock valued at $4,685,000 after acquiring an additional 40,582 shares in the last quarter. Oppenheimer & Co. Inc. increased its position in Johnson Controls International by 16.4% in the 4th quarter. Oppenheimer & Co. Inc. now owns 87,507 shares of the company’s stock valued at $5,044,000 after acquiring an additional 12,324 shares in the last quarter. Cetera Advisor Networks LLC increased its position in Johnson Controls International by 123.2% in the 4th quarter. Cetera Advisor Networks LLC now owns 109,305 shares of the company’s stock valued at $6,300,000 after acquiring an additional 60,333 shares in the last quarter. Finally, 1832 Asset Management L.P. acquired a new stake in Johnson Controls International in the 4th quarter valued at about $1,293,000. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Trading Up 0.3 %

NYSE JCI traded up $0.19 during trading on Friday, reaching $75.68. 2,436,050 shares of the stock traded hands, compared to its average volume of 5,141,395. The firm has a market cap of $50.55 billion, a price-to-earnings ratio of 30.64, a price-to-earnings-growth ratio of 1.87 and a beta of 1.29. The stock’s 50-day moving average price is $71.35 and its 200 day moving average price is $68.74. The company has a quick ratio of 0.73, a current ratio of 0.96 and a debt-to-equity ratio of 0.46. Johnson Controls International plc has a fifty-two week low of $47.90 and a fifty-two week high of $78.23.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $7.23 billion during the quarter, compared to analysts’ expectations of $7.53 billion. During the same quarter in the previous year, the company earned $1.03 earnings per share. The business’s revenue for the quarter was up 1.4% on a year-over-year basis. Analysts predict that Johnson Controls International plc will post 3.68 EPS for the current year.

Johnson Controls International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date of this dividend is Wednesday, September 25th. Johnson Controls International’s payout ratio is currently 59.92%.

Wall Street Analyst Weigh In

Several research firms have weighed in on JCI. Bank of America raised their price objective on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a research report on Friday, September 27th. Wells Fargo & Company raised their price objective on shares of Johnson Controls International from $75.00 to $80.00 and gave the company an “overweight” rating in a research report on Thursday, August 1st. 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 research report on Friday, August 2nd. Morgan Stanley assumed coverage on shares of Johnson Controls International in a research report on Friday, September 6th. They set an “overweight” rating and a $85.00 price target for the company. Finally, StockNews.com upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating in a research report on Friday, August 2nd. Eleven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $72.21.

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 that occurred on Thursday, August 1st. The shares were sold at an average price of $70.71, for a total value of $82,518.57. Following the transaction, the chief operating officer now owns 103,866 shares of the company’s stock, valued at approximately $7,344,364.86. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other Johnson Controls International news, COO Nathan D. Manning sold 1,167 shares of Johnson Controls International stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $70.71, for a total value of $82,518.57. Following the transaction, the chief operating officer now owns 103,866 shares of the company’s stock, valued at approximately $7,344,364.86. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Nathan D. Manning sold 3,000 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, October 1st. The shares were 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. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 116,879 shares of company stock valued at $8,503,656. 0.69% of the stock is currently owned by corporate insiders.

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.