Hengehold Capital Management LLC Has $4.23 Million Stock Holdings in Johnson Controls International plc (NYSE:JCI)

Hengehold Capital Management LLC lifted its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 3.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 54,537 shares of the company’s stock after purchasing an additional 2,015 shares during the quarter. Hengehold Capital Management LLC’s holdings in Johnson Controls International were worth $4,233,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Rise Advisors LLC bought a new position in Johnson Controls International during the first quarter valued at about $25,000. Continuum Advisory LLC lifted its holdings in Johnson Controls International by 65.2% in the 2nd quarter. Continuum Advisory LLC now owns 527 shares of the company’s stock worth $35,000 after purchasing an additional 208 shares during the last quarter. Wolff Wiese Magana LLC lifted its holdings in Johnson Controls International by 977.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock worth $37,000 after purchasing an additional 430 shares during the last quarter. Hexagon Capital Partners LLC boosted its position in Johnson Controls International by 39.7% during the second quarter. Hexagon Capital Partners LLC now owns 711 shares of the company’s stock worth $47,000 after purchasing an additional 202 shares during the period. Finally, Friedenthal Financial acquired a new position in Johnson Controls International in the 2nd quarter valued at $47,000. Institutional investors own 90.05% of the company’s stock.

Insider Transactions at Johnson Controls International

In related news, CEO George Oliver sold 110,615 shares of Johnson Controls International stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $76.79, for a total transaction of $8,494,125.85. Following the completion of the transaction, the chief executive officer now directly owns 1,243,751 shares of the company’s stock, valued at $95,507,639.29. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Johnson Controls International news, COO Nathan D. Manning sold 1,167 shares of the business’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total value of $84,899.25. Following the transaction, the chief operating officer now owns 143,488 shares of the company’s stock, valued at approximately $10,438,752. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO George Oliver sold 110,615 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $76.79, for a total value of $8,494,125.85. Following the completion of the sale, the chief executive officer now owns 1,243,751 shares of the company’s stock, valued at approximately $95,507,639.29. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 227,494 shares of company stock valued at $16,997,782. 0.69% of the stock is owned by insiders.

Johnson Controls International Stock Performance

NYSE JCI opened at $77.12 on Thursday. The stock has a market cap of $51.52 billion, a P/E ratio of 31.96, a PEG ratio of 2.09 and a beta of 1.29. The company has a quick ratio of 0.73, a current ratio of 0.96 and a debt-to-equity ratio of 0.46. Johnson Controls International plc has a twelve month low of $47.90 and a twelve month high of $78.23. The company’s 50-day simple moving average is $72.73 and its 200 day simple moving average is $69.46.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Wednesday, July 31st. The company reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.06. The business had revenue of $7.23 billion during the quarter, compared to analysts’ expectations of $7.53 billion. Johnson Controls International had a return on equity of 13.64% and a net margin of 6.02%. Johnson Controls International’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.03 EPS. As a group, research analysts forecast that Johnson Controls International plc will post 3.68 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th will be paid a $0.37 dividend. The ex-dividend date is Wednesday, September 25th. This represents a $1.48 annualized dividend and a dividend yield of 1.92%. Johnson Controls International’s dividend payout ratio is presently 61.92%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Bank of America upped their price target on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a report on Friday, September 27th. Barclays increased their target price on Johnson Controls International from $62.00 to $64.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 2nd. StockNews.com downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Thursday, October 10th. Royal Bank of Canada raised Johnson Controls International from an “underperform” rating to a “sector perform” rating and increased their price objective for the company from $61.00 to $69.00 in a research report on Wednesday, August 14th. Finally, Robert W. Baird boosted their target price on shares of Johnson Controls International from $72.00 to $78.00 and gave the stock a “neutral” rating in a research report on Thursday, August 1st. Twelve equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Johnson Controls International presently has an average rating of “Hold” and a consensus price target of $73.43.

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.