Ensign Peak Advisors Inc Increases Stock Holdings in Johnson Controls International plc (NYSE:JCI)

Ensign Peak Advisors Inc boosted its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 44.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 131,418 shares of the company's stock after purchasing an additional 40,253 shares during the period. Ensign Peak Advisors Inc's holdings in Johnson Controls International were worth $10,373,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of JCI. Barclays PLC lifted its stake in Johnson Controls International by 6.7% during the 3rd quarter. Barclays PLC now owns 1,685,322 shares of the company's stock valued at $130,797,000 after acquiring an additional 105,194 shares during the period. Diversified Trust Co acquired a new stake in Johnson Controls International during the 4th quarter valued at approximately $215,000. Graypoint LLC lifted its stake in Johnson Controls International by 4.1% during the 4th quarter. Graypoint LLC now owns 3,277 shares of the company's stock valued at $259,000 after acquiring an additional 130 shares during the period. Czech National Bank lifted its stake in Johnson Controls International by 6.4% during the 4th quarter. Czech National Bank now owns 144,839 shares of the company's stock valued at $11,432,000 after acquiring an additional 8,758 shares during the period. Finally, Trust Co. of Toledo NA OH lifted its stake in Johnson Controls International by 2.4% during the 4th quarter. Trust Co. of Toledo NA OH now owns 26,218 shares of the company's stock valued at $2,069,000 after acquiring an additional 602 shares during the period. Hedge funds and other institutional investors own 90.05% of the company's stock.

Insiders Place Their Bets

In other news, VP Nathan D. Manning sold 1,422 shares of the company's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $79.72, for a total transaction of $113,361.84. Following the completion of the sale, the vice president now owns 145,502 shares of the company's stock, valued at $11,599,419.44. This represents a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director George Oliver sold 184,331 shares of the company's stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $79.49, for a total transaction of $14,652,471.19. Following the sale, the director now directly owns 1,019,562 shares of the company's stock, valued at $81,044,983.38. The trade was a 15.31% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 460,396 shares of company stock worth $38,645,569. Company insiders own 0.54% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have commented on JCI. Deutsche Bank Aktiengesellschaft upgraded shares of Johnson Controls International from a "hold" rating to a "buy" rating and lifted their price objective for the company from $101.00 to $112.00 in a research note on Monday, May 12th. Citigroup decreased their price objective on shares of Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating for the company in a research note on Monday, April 14th. UBS Group upgraded shares of Johnson Controls International from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $90.00 to $103.00 in a research note on Monday, February 10th. Robert W. Baird boosted their target price on shares of Johnson Controls International from $84.00 to $90.00 and gave the company a "neutral" rating in a research note on Thursday, May 8th. Finally, Melius Research reiterated a "hold" rating and issued a $95.00 target price on shares of Johnson Controls International in a research note on Tuesday, January 28th. Eight equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $95.35.

Johnson Controls International Price Performance

NYSE:JCI traded up $1.10 during trading hours on Friday, reaching $97.89. 3,609,613 shares of the company were exchanged, compared to its average volume of 4,370,141. 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's 50-day moving average is $82.31 and its 200-day moving average is $82.33. The firm has a market cap of $64.42 billion, a PE ratio of 37.36, 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 $97.95.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly earnings data 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. 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 firm's revenue for the quarter was up 1.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.78 earnings per share. On average, sell-side analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently disclosed 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. This represents a $1.48 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date was Monday, March 24th. Johnson Controls International's dividend payout ratio is presently 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.