Amalgamated Bank Reduces Stake in Johnson Controls International plc (NYSE:JCI)

Amalgamated Bank lowered its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 10.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 163,746 shares of the company's stock after selling 18,127 shares during the period. Amalgamated Bank's holdings in Johnson Controls International were worth $9,438,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. M. Kulyk & Associates LLC raised its stake in shares of Johnson Controls International by 2.6% in the third quarter. M. Kulyk & Associates LLC now owns 92,945 shares of the company's stock valued at $4,946,000 after buying an additional 2,336 shares during the period. RPG Investment Advisory LLC raised its stake in shares of Johnson Controls International by 19.3% in the fourth quarter. RPG Investment Advisory LLC now owns 196,559 shares of the company's stock valued at $11,330,000 after buying an additional 31,759 shares during the period. Quantbot Technologies LP raised its stake in shares of Johnson Controls International by 249.8% in the third quarter. Quantbot Technologies LP now owns 23,934 shares of the company's stock valued at $1,274,000 after buying an additional 17,091 shares during the period. ANTIPODES PARTNERS Ltd raised its stake in shares of Johnson Controls International by 89.4% in the fourth quarter. ANTIPODES PARTNERS Ltd now owns 253,859 shares of the company's stock valued at $14,632,000 after buying an additional 119,844 shares during the period. Finally, Wealthspire Advisors LLC raised its stake in shares of Johnson Controls International by 47.6% during the 3rd quarter. Wealthspire Advisors LLC now owns 4,595 shares of the company's stock valued at $244,000 after purchasing an additional 1,481 shares during the period. Hedge funds and other institutional investors own 90.05% of the company's stock.

Analysts Set New Price Targets

JCI has been the topic of a number of analyst reports. Melius Research reiterated a "hold" rating on shares of Johnson Controls International in a research note on Tuesday, January 30th. HSBC lowered Johnson Controls International from a "buy" rating to a "hold" rating and set a $60.00 price objective on the stock. in a research note on Wednesday, January 31st. Argus lowered Johnson Controls International from a "buy" rating to a "hold" rating in a research note on Tuesday, February 20th. Barclays decreased their target price on Johnson Controls International from $61.00 to $59.00 and set an "equal weight" rating on the stock in a research note on Thursday. Finally, Royal Bank of Canada decreased their target price on Johnson Controls International from $50.00 to $48.00 and set an "underperform" rating on the stock in a research note on Wednesday, January 31st. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $64.25.

Johnson Controls International Price Performance

Shares of JCI traded up $1.63 during midday trading on Friday, reaching $62.38. The stock had a trading volume of 7,096,178 shares, compared to its average volume of 4,978,445. The company's 50-day moving average is $63.31 and its 200 day moving average is $57.22. Johnson Controls International plc has a 12-month low of $47.90 and a 12-month high of $70.43. The company has a current ratio of 0.87, a quick ratio of 0.73 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $42.02 billion, a price-to-earnings ratio of 25.26, a price-to-earnings-growth ratio of 1.55 and a beta of 1.23.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued its earnings results on Wednesday, May 1st. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.03. The company had revenue of $6.70 billion during the quarter, compared to analysts' expectations of $7.51 billion. Johnson Controls International had a return on equity of 13.21% and a net margin of 6.32%. Johnson Controls International's quarterly revenue was down 6.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.75 EPS. On average, equities analysts predict that Johnson Controls International plc will post 3.61 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 19th. Investors of record on Monday, March 25th were issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 2.37%. The ex-dividend date was Friday, March 22nd. Johnson Controls International's dividend payout ratio is presently 59.92%.

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.