Swedbank AB Has $41.36 Million Holdings in Johnson Controls International plc $JCI

Key Points

• Swedbank AB increased its stake in Johnson Controls International by 5.2% in the fourth quarter, bringing its holdings to 345,359 shares valued at about $41.36 million.
• Johnson Controls posted solid recent results, reporting quarterly EPS of $1.19 on revenue of $6.14 billion, while analysts expect full-year EPS of 4.87.
• Analysts remain mixed but generally constructive on JCI: the stock has a consensus “Hold” rating with an average price target of $147.63, even as several firms recently raised their targets.

Swedbank AB grew its stake in Johnson Controls International plc (NYSE:JCI - Free Report) by 5.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 345,359 shares of the company's stock after buying an additional 17,009 shares during the quarter. Swedbank AB owned 0.06% of Johnson Controls International worth $41,357,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Maseco LLP lifted its position in shares of Johnson Controls International by 102.9% in the fourth quarter. Maseco LLP now owns 211 shares of the company's stock worth $25,000 after purchasing an additional 107 shares in the last quarter. Roxbury Financial LLC lifted its position in shares of Johnson Controls International by 71.9% in the fourth quarter. Roxbury Financial LLC now owns 239 shares of the company's stock worth $29,000 after purchasing an additional 100 shares in the last quarter. YANKCOM Partnership bought a new stake in shares of Johnson Controls International in the fourth quarter worth $34,000. Physician Wealth Advisors Inc. lifted its position in shares of Johnson Controls International by 62.8% in the third quarter. Physician Wealth Advisors Inc. now owns 319 shares of the company's stock worth $35,000 after purchasing an additional 123 shares in the last quarter. Finally, Dunhill Financial LLC lifted its position in shares of Johnson Controls International by 123.3% in the third quarter. Dunhill Financial LLC now owns 335 shares of the company's stock worth $37,000 after purchasing an additional 185 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company's stock.

Johnson Controls International Stock Performance

NYSE JCI opened at $138.51 on Monday. The company has a current ratio of 1.04, a quick ratio of 0.85 and a debt-to-equity ratio of 0.64. The firm's fifty day moving average price is $137.64 and its two-hundred day moving average price is $128.35. Johnson Controls International plc has a 1 year low of $96.31 and a 1 year high of $147.32. The firm has a market capitalization of $84.51 billion, a P/E ratio of 24.78, a price-to-earnings-growth ratio of 1.52 and a beta of 1.37.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly earnings results on Tuesday, March 31st. The company reported $1.19 earnings per share (EPS) for the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. The firm had revenue of $6.14 billion for the quarter. As a group, research analysts anticipate that Johnson Controls International plc will post 4.87 EPS for the current year.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 16th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Monday, March 16th. Johnson Controls International's dividend payout ratio is 28.62%.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 88,809 shares of the company's stock in a transaction on Friday, May 8th. The shares were sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the sale, the vice president directly owned 57,059 shares of the company's stock, valued at approximately $8,044,748.41. This represents a 60.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.29% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on JCI shares. Robert W. Baird boosted their price objective on shares of Johnson Controls International from $132.00 to $148.00 and gave the stock a "neutral" rating in a research report on Monday, April 27th. Citigroup boosted their price objective on shares of Johnson Controls International from $150.00 to $155.00 and gave the stock a "neutral" rating in a research report on Thursday, May 7th. Mizuho boosted their price objective on shares of Johnson Controls International from $130.00 to $140.00 and gave the stock a "neutral" rating in a research report on Thursday, May 7th. UBS Group boosted their price objective on shares of Johnson Controls International from $160.00 to $170.00 and gave the stock a "buy" rating in a research report on Thursday, May 7th. Finally, Morgan Stanley boosted their price objective on shares of Johnson Controls International from $130.00 to $140.00 and gave the stock an "overweight" rating in a research report on Wednesday, March 11th. Eleven analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $147.63.

About Johnson Controls International

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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