AXQ Capital LP grew its holdings in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 386.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,164 shares of the company's stock after purchasing an additional 8,868 shares during the period. AXQ Capital LP's holdings in Johnson Controls International were worth $1,631,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of JCI. Mcguire Capital Advisors Inc. purchased a new stake in Johnson Controls International during the fourth quarter worth $27,000. Twin Tree Management LP raised its stake in shares of Johnson Controls International by 140.9% during the 4th quarter. Twin Tree Management LP now owns 260 shares of the company's stock worth $31,000 after buying an additional 895 shares during the last quarter. Fourth Dimension Wealth LLC boosted its position in shares of Johnson Controls International by 51.3% in the 2nd quarter. Fourth Dimension Wealth LLC now owns 230 shares of the company's stock worth $34,000 after buying an additional 78 shares in the last quarter. First Bancorp Inc ME purchased a new stake in shares of Johnson Controls International in the 2nd quarter worth about $34,000. Finally, SJS Investment Consulting Inc. grew its stake in Johnson Controls International by 747.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 288 shares of the company's stock valued at $38,000 after acquiring an additional 254 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, VP Lei Schlitz sold 23,417 shares of the firm's stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $153.07, for a total transaction of $3,584,440.19. Following the completion of the sale, the vice president directly owned 15,017 shares in the company, valued at $2,298,652.19. This trade represents a 60.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Todd M. Grabowski sold 1,800 shares of Johnson Controls International stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total value of $263,160.00. Following the sale, the vice president directly owned 26,215 shares in the company, valued at approximately $3,832,633. The trade was a 6.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.29% of the stock is currently owned by corporate insiders.
Johnson Controls International Stock Performance
Johnson Controls International stock opened at $144.87 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.00 and a quick ratio of 0.83. Johnson Controls International plc has a 12 month low of $104.03 and a 12 month high of $157.06. The company has a market cap of $87.75 billion, a price-to-earnings ratio of 25.19, a price-to-earnings-growth ratio of 1.37 and a beta of 1.29. The stock's 50-day moving average is $144.69 and its 200-day moving average is $141.29.
Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.42 earnings per share for the quarter, beating analysts' consensus estimates of $1.30 by $0.12. Johnson Controls International had a net margin of 14.32% and a return on equity of 22.11%. The firm had revenue of $6.61 billion for the quarter, compared to analysts' expectations of $6.46 billion. During the same period in the previous year, the company posted $1.05 earnings per share. Johnson Controls International's revenue was up 9.3% compared to the same quarter last year. Equities analysts anticipate that Johnson Controls International plc will post 5.08 earnings per share for the current year.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on JCI shares. Citigroup raised their target price on shares of Johnson Controls International from $155.00 to $157.00 and gave the company a "neutral" rating in a report on Thursday, July 30th. Weiss Ratings reiterated a "buy (b)" rating on shares of Johnson Controls International in a research report on Tuesday, June 9th. Wall Street Zen cut shares of Johnson Controls International from a "buy" rating to a "hold" rating in a research note on Saturday, August 1st. Zacks Research downgraded Johnson Controls International from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 6th. Finally, Wolfe Research reaffirmed an "outperform" rating and issued a $171.00 target price on shares of Johnson Controls International in a research note on Wednesday, June 3rd. Twelve analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $155.75.
Check Out Our Latest Analysis on JCI
Johnson Controls International Company Profile
(
Free Report)
Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company's core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.
Johnson Controls' product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.
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