Xn LP Makes New Investment in Johnson Controls International plc (NYSE:JCI)

Xn LP bought a new position in Johnson Controls International plc (NYSE:JCI - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 941,676 shares of the company's stock, valued at approximately $74,326,000. Johnson Controls International comprises about 2.9% of Xn LP's portfolio, making the stock its 13th largest position. Xn LP owned 0.14% of Johnson Controls International as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently modified their holdings of the stock. Gilbert & Cook Inc. raised its stake in shares of Johnson Controls International by 2.0% in the fourth quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company's stock worth $510,000 after acquiring an additional 127 shares during the last quarter. Jackson Hole Capital Partners LLC grew its position in shares of Johnson Controls International by 0.7% during the 4th quarter. Jackson Hole Capital Partners LLC now owns 18,621 shares of the company's stock worth $1,470,000 after buying an additional 127 shares during the period. Trust Co. of Vermont grew its position in shares of Johnson Controls International by 10.4% during the 4th quarter. Trust Co. of Vermont now owns 1,488 shares of the company's stock worth $117,000 after buying an additional 140 shares during the period. Catalyst Financial Partners LLC grew its position in shares of Johnson Controls International by 4.8% during the 4th quarter. Catalyst Financial Partners LLC now owns 3,154 shares of the company's stock worth $249,000 after buying an additional 144 shares during the period. Finally, Avidian Wealth Enterprises LLC grew its position in shares of Johnson Controls International by 4.6% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 3,427 shares of the company's stock worth $270,000 after buying an additional 150 shares during the period. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Stock Down 0.1%

Johnson Controls International stock opened at $97.79 on Tuesday. The stock has a market capitalization of $64.35 billion, a PE ratio of 37.32, a price-to-earnings-growth ratio of 1.96 and a beta of 1.28. Johnson Controls International plc has a twelve month low of $64.31 and a twelve month high of $98.33. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The company has a 50 day moving average of $82.69 and a 200-day moving average of $82.48.

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

Johnson Controls International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 24th were given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date of this dividend was Monday, March 24th. Johnson Controls International's dividend payout ratio is presently 39.47%.

Insider Transactions at Johnson Controls International

In other news, Director George Oliver sold 100,000 shares of the business's stock in a transaction on Friday, May 9th. The shares were sold at an average price of $91.70, for a total value of $9,170,000.00. Following the sale, the director now owns 904,305 shares of the company's stock, valued at $82,924,768.50. The trade was a 9.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of the company's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $79.72, for a total transaction of $113,361.84. Following the sale, the vice president now directly owns 145,502 shares in the company, valued at $11,599,419.44. This trade represents a 0.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 460,396 shares of company stock valued at $38,645,569 over the last 90 days. 0.54% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on JCI. Barclays lifted their price target on shares of Johnson Controls International from $85.00 to $90.00 and gave the stock an "equal weight" rating in a research report on Wednesday, May 14th. JPMorgan Chase & Co. lifted their price target on shares of Johnson Controls International from $81.00 to $98.00 and gave the stock an "overweight" rating in a research report on Friday. Melius cut shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price target for the company. in a research report on Tuesday, January 28th. UBS Group upgraded shares of Johnson Controls International from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $90.00 to $103.00 in a report on Monday, February 10th. Finally, Royal Bank of Canada boosted their price objective on shares of Johnson Controls International from $82.00 to $98.00 and gave the company a "sector perform" rating in a report on Thursday, May 8th. Eight investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $95.35.

Johnson Controls International Company Profile

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.

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