Axa S.A. Boosts Holdings in Johnson Controls International plc (NYSE:JCI)

AXA S.A. grew its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 18.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,530 shares of the company's stock after acquiring an additional 5,308 shares during the period. AXA S.A.'s holdings in Johnson Controls International were worth $2,725,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Compass Financial Services Inc bought a new position in Johnson Controls International during the 4th quarter worth $26,000. SBI Securities Co. Ltd. acquired a new position in shares of Johnson Controls International during the 4th quarter worth approximately $29,000. Crowley Wealth Management Inc. bought a new position in shares of Johnson Controls International during the fourth quarter worth approximately $42,000. Synergy Asset Management LLC acquired a new stake in shares of Johnson Controls International in the fourth quarter valued at approximately $42,000. Finally, ST Germain D J Co. Inc. boosted its stake in shares of Johnson Controls International by 32.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock valued at $43,000 after buying an additional 134 shares during the period. Institutional investors and hedge funds own 90.05% of the company's stock.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 205,168 shares of Johnson Controls International stock in a transaction on Monday, February 10th. The stock was sold at an average price of $89.07, for a total value of $18,274,313.76. Following the completion of the sale, the chief executive officer now owns 1,260,527 shares of the company's stock, valued at approximately $112,275,139.89. This trade represents a 14.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Nathan D. Manning sold 1,422 shares of the company's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $79.72, for a total transaction of $113,361.84. Following the transaction, the vice president now owns 145,502 shares in the company, valued at $11,599,419.44. This represents a 0.97 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 728,458 shares of company stock worth $62,293,059. 0.54% of the stock is currently owned by insiders.

Johnson Controls International Stock Up 0.8 %

JCI traded up $0.72 during trading on Friday, hitting $91.96. 3,018,776 shares of the company's stock were exchanged, compared to its average volume of 4,389,587. The stock has a market cap of $60.71 billion, a P/E ratio of 35.10, a PEG ratio of 1.96 and a beta of 1.28. Johnson Controls International plc has a fifty-two week low of $64.31 and a fifty-two week high of $92.41. The business's 50 day moving average is $80.63 and its two-hundred day moving average is $81.60. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its earnings results on Wednesday, May 7th. The company reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.77 by $0.05. The company had revenue of $5.68 billion for the quarter, compared to analysts' expectations of $5.64 billion. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. The business's revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.78 EPS. As a group, equities analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 24th were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date of this dividend was Monday, March 24th. Johnson Controls International's payout ratio is currently 56.49%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Melius Research reissued a "hold" rating and issued a $95.00 target price on shares of Johnson Controls International in a report on Tuesday, January 28th. Royal Bank of Canada raised their price objective on Johnson Controls International from $82.00 to $98.00 and gave the company a "sector perform" rating in a report on Thursday. Wells Fargo & Company increased their target price on Johnson Controls International from $82.00 to $100.00 and gave the company an "overweight" rating in a research report on Thursday. Robert W. Baird boosted their target price on shares of Johnson Controls International from $84.00 to $90.00 and gave the stock a "neutral" rating in a report on Thursday. Finally, JPMorgan Chase & Co. dropped their price target on shares of Johnson Controls International from $100.00 to $81.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Eight analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, Johnson Controls International currently has an average rating of "Moderate Buy" and an average target price of $92.94.

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.