10,400 Johnson Controls International plc $JCI Shares Purchased by Adams Diversified Equity Fund Inc.

Adams Diversified Equity Fund Inc. lifted its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 7.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 147,700 shares of the company's stock after purchasing an additional 10,400 shares during the period. Adams Diversified Equity Fund Inc.'s holdings in Johnson Controls International were worth $21,956,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Amundi lifted its holdings in Johnson Controls International by 157.2% in the first quarter. Amundi now owns 5,965,212 shares of the company's stock worth $781,145,000 after buying an additional 3,646,047 shares during the period. Hsbc Holdings PLC boosted its position in Johnson Controls International by 702.5% during the 1st quarter. Hsbc Holdings PLC now owns 1,962,770 shares of the company's stock valued at $256,820,000 after acquiring an additional 1,718,179 shares in the last quarter. Cullen Capital Management LLC purchased a new position in shares of Johnson Controls International during the 2nd quarter worth approximately $244,214,000. First Trust Advisors LP grew its holdings in shares of Johnson Controls International by 28.3% during the 1st quarter. First Trust Advisors LP now owns 5,761,677 shares of the company's stock worth $754,492,000 after acquiring an additional 1,270,849 shares during the period. Finally, State Street Corp raised its position in shares of Johnson Controls International by 2.2% in the 2nd quarter. State Street Corp now owns 28,283,873 shares of the company's stock worth $4,143,674,000 after acquiring an additional 621,319 shares in the last quarter. 90.05% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on JCI. Royal Bank Of Canada raised their target price on Johnson Controls International from $161.00 to $165.00 and gave the company a "sector perform" rating in a research note on Wednesday, October 14th. Mizuho lifted their price target on Johnson Controls International from $150.00 to $165.00 and gave the company a "neutral" rating in a research report on Thursday, October 15th. Argus set a $175.00 target price on shares of Johnson Controls International in a research report on Friday, August 7th. The Goldman Sachs Group raised their target price on shares of Johnson Controls International from $186.00 to $191.00 and gave the company a "buy" rating in a research note on Wednesday, September 30th. Finally, UBS Group reiterated a "buy" rating on shares of Johnson Controls International in a report on Wednesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $163.05.

Insider Buying and Selling at Johnson Controls International

In related news, VP Lei Schlitz sold 23,417 shares of the business's stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $153.07, for a total value of $3,584,440.19. Following the completion of the transaction, the vice president directly owned 15,017 shares in the company, valued at $2,298,652.19. The trade was a 60.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.29% of the stock is owned by company insiders.

Johnson Controls International Price Performance

Shares of NYSE:JCI opened at $142.78 on Friday. Johnson Controls International plc has a 1-year low of $108.41 and a 1-year high of $160.41. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.00 and a quick ratio of 0.83. The business has a fifty day moving average price of $146.95 and a 200-day moving average price of $144.18. The company has a market capitalization of $86.49 billion, a PE ratio of 31.73, a PEG ratio of 1.12 and a beta of 1.27.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.12. The firm had revenue of $6.61 billion during the quarter, compared to analyst estimates of $6.46 billion. Johnson Controls International had a return on equity of 22.11% and a net margin of 14.32%. Johnson Controls International's quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.05 EPS. As a group, equities analysts expect that Johnson Controls International plc will post 5.08 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Monday, September 21st were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Johnson Controls International's dividend payout ratio (DPR) is 27.83%.

About Johnson Controls International

Johnson Controls International plc NYSE: JCI is a global provider of building technology, products and services. The company helps customers design, operate and maintain efficient, healthy and secure buildings through solutions for heating, ventilation and air conditioning, building automation, energy management, fire detection and suppression, and physical security.

Its portfolio includes building controls and digital management platforms, HVAC equipment, chillers, air-handling systems, fire and security technologies, and related services.

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