Temasek Holdings Private Ltd Raises Stake in Johnson Controls International plc (NYSE:JCI)

Temasek Holdings Private Ltd raised its holdings in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 216.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 135,988 shares of the company's stock after buying an additional 92,960 shares during the quarter. Temasek Holdings Private Ltd's holdings in Johnson Controls International were worth $10,734,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Gilbert & Cook Inc. lifted its holdings in shares of Johnson Controls International by 2.0% during the fourth quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company's stock worth $510,000 after buying an additional 127 shares during the last quarter. Jackson Hole Capital Partners LLC increased its position in shares of Johnson Controls International by 0.7% during the fourth quarter. Jackson Hole Capital Partners LLC now owns 18,621 shares of the company's stock valued at $1,470,000 after purchasing an additional 127 shares during the period. Brooklyn Investment Group increased its position in shares of Johnson Controls International by 3.1% during the fourth quarter. Brooklyn Investment Group now owns 4,444 shares of the company's stock valued at $351,000 after purchasing an additional 135 shares during the period. Trust Co. of Vermont grew its position in Johnson Controls International by 10.4% in the fourth quarter. Trust Co. of Vermont now owns 1,488 shares of the company's stock valued at $117,000 after acquiring an additional 140 shares during the period. Finally, Catalyst Financial Partners LLC grew its position in Johnson Controls International by 4.8% in the fourth quarter. Catalyst Financial Partners LLC now owns 3,154 shares of the company's stock valued at $249,000 after acquiring an additional 144 shares during the period. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Johnson Controls International Stock Performance

NYSE:JCI traded down $0.48 during mid-day trading on Wednesday, reaching $97.17. The company's stock had a trading volume of 5,303,934 shares, compared to its average volume of 4,301,562. Johnson Controls International plc has a 12-month low of $64.31 and a 12-month high of $98.33. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. The stock has a market cap of $63.94 billion, a P/E ratio of 37.09, a PEG ratio of 1.96 and a beta of 1.28. The firm's fifty day moving average price is $83.10 and its two-hundred day moving average price is $82.59.

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

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 24th were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date of this dividend was Monday, March 24th. Johnson Controls International's dividend payout ratio (DPR) is 39.47%.

Wall Street Analysts Forecast Growth

JCI has been the topic of a number of analyst reports. Morgan Stanley upped their price target on Johnson Controls International from $105.00 to $115.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. Vertical Research raised Johnson Controls International from a "hold" rating to a "buy" rating and set a $105.00 price objective on the stock in a research note on Thursday, May 8th. UBS Group raised Johnson Controls International from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $90.00 to $103.00 in a research note on Monday, February 10th. Melius lowered Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price objective on the stock. in a research note on Tuesday, January 28th. Finally, Barclays boosted their price objective on Johnson Controls International from $85.00 to $90.00 and gave the stock an "equal weight" rating in a research note on Wednesday, May 14th. Eight analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, Johnson Controls International presently has a consensus rating of "Moderate Buy" and a consensus price target of $95.35.

Insider Buying and Selling

In other Johnson Controls International news, Director George Oliver sold 100,000 shares of the business's stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of $91.70, for a total value of $9,170,000.00. Following the completion of the transaction, the director now directly owns 904,305 shares of the company's stock, valued at approximately $82,924,768.50. The trade was a 9.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Marc Vandiepenbeeck sold 28,289 shares of the company's stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $90.92, for a total value of $2,572,035.88. Following the transaction, the chief financial officer now directly owns 147,673 shares of the company's stock, 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 460,396 shares of company stock valued at $38,645,569 over the last quarter. 0.54% of the stock is currently owned by company insiders.

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.