Czech National Bank Has $12.15 Million Stake in Johnson Controls International plc (NYSE:JCI)

Czech National Bank boosted its holdings in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 4.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 151,623 shares of the company's stock after purchasing an additional 6,784 shares during the quarter. Czech National Bank's holdings in Johnson Controls International were worth $12,147,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JCI. Compass Financial Services Inc purchased a new stake in shares of Johnson Controls International during the fourth quarter worth about $26,000. SBI Securities Co. Ltd. purchased a new position in shares of Johnson Controls International in the fourth quarter valued at approximately $29,000. Crowley Wealth Management Inc. purchased a new position in shares of Johnson Controls International in the fourth quarter valued at approximately $42,000. Gables Capital Management Inc. boosted its stake in shares of Johnson Controls International by 132.0% in the fourth quarter. Gables Capital Management Inc. now owns 580 shares of the company's stock worth $46,000 after acquiring an additional 330 shares during the last quarter. Finally, Heck Capital Advisors LLC purchased a new stake in shares of Johnson Controls International during the fourth quarter worth approximately $48,000. Hedge funds and other institutional investors own 90.05% of the company's stock.

Analyst Ratings Changes

JCI has been the topic of several recent research reports. Robert W. Baird lifted their target price on shares of Johnson Controls International from $84.00 to $90.00 and gave the stock a "neutral" rating in a research note on Thursday, May 8th. Royal Bank of Canada boosted their price target on shares of Johnson Controls International from $82.00 to $98.00 and gave the stock a "sector perform" rating in a research report on Thursday, May 8th. UBS Group reaffirmed a "buy" rating and set a $116.00 price objective (up previously from $103.00) on shares of Johnson Controls International in a research note on Thursday, May 22nd. JPMorgan Chase & Co. raised their target price on shares of Johnson Controls International from $81.00 to $98.00 and gave the stock an "overweight" rating in a research note on Friday, May 16th. Finally, Wells Fargo & Company upped their target price on Johnson Controls International from $82.00 to $100.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Eight investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $96.12.

Insider Activity at Johnson Controls International

In related news, VP Nathan D. Manning sold 1,422 shares of the firm's stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $79.72, for a total value of $113,361.84. Following the transaction, the vice president now owns 145,502 shares in the company, valued at approximately $11,599,419.44. This trade represents a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Marc Vandiepenbeeck sold 28,289 shares of the firm's stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $90.92, for a total value of $2,572,035.88. Following the sale, the chief financial officer now owns 147,673 shares in the company, valued at approximately $13,426,429.16. The trade was a 16.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 332,555 shares of company stock valued at $27,989,126 in the last ninety days. Corporate insiders own 0.54% of the company's stock.

Johnson Controls International Trading Up 0.9%

Shares of JCI traded up $0.88 during midday trading on Tuesday, hitting $101.27. 3,803,813 shares of the stock were exchanged, compared to its average volume of 4,283,805. Johnson Controls International plc has a 52-week low of $64.31 and a 52-week high of $102.36. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. The stock has a fifty day simple moving average of $86.17 and a 200 day simple moving average of $83.68. The firm has a market cap of $66.64 billion, a P/E ratio of 38.65, a P/E/G ratio of 1.96 and a beta of 1.28.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.77 by $0.05. The business had revenue of $5.68 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the company posted $0.78 earnings per share. On average, research analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 24th were given a dividend of $0.37 per share. The ex-dividend date was Monday, March 24th. This represents a $1.48 annualized dividend and a yield of 1.46%. Johnson Controls International's payout ratio is currently 39.47%.

About Johnson Controls International

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.