V Square Quantitative Management LLC Buys 1,837 Shares of Johnson Controls International plc (NYSE:JCI)

V Square Quantitative Management LLC grew its stake in Johnson Controls International plc (NYSE:JCI) by 13.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,397 shares of the company’s stock after acquiring an additional 1,837 shares during the quarter. V Square Quantitative Management LLC’s holdings in Johnson Controls International were worth $1,195,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in JCI. Rise Advisors LLC purchased a new position in Johnson Controls International in the first quarter valued at about $25,000. Continuum Advisory LLC raised its stake in shares of Johnson Controls International by 65.2% during the 2nd quarter. Continuum Advisory LLC now owns 527 shares of the company’s stock worth $35,000 after acquiring an additional 208 shares in the last quarter. Wolff Wiese Magana LLC lifted its position in Johnson Controls International by 977.3% during the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after acquiring an additional 430 shares during the last quarter. Hexagon Capital Partners LLC lifted 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 valued at $47,000 after acquiring an additional 202 shares during the last quarter. Finally, Friedenthal Financial acquired a new stake in Johnson Controls International in the second quarter valued at approximately $47,000. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Stock Performance

Shares of JCI traded down $0.05 during mid-day trading on Friday, reaching $77.20. The company had a trading volume of 325,979 shares, compared to its average volume of 5,006,806. The stock has a market capitalization of $51.57 billion, a P/E ratio of 32.33, a PEG ratio of 2.09 and a beta of 1.29. Johnson Controls International plc has a 52-week low of $47.90 and a 52-week high of $78.23. The stock has a 50 day moving average of $72.92 and a two-hundred day moving average of $69.52. 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 (NYSE:JCI) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.06. Johnson Controls International had a net margin of 6.02% and a return on equity of 13.64%. The business had revenue of $7.23 billion for the quarter, compared to analysts’ expectations of $7.53 billion. During the same quarter last year, the company earned $1.03 EPS. The business’s revenue was up 1.4% on a year-over-year basis. On average, analysts expect that Johnson Controls International plc will post 3.68 earnings per share for the current year.

Johnson Controls International Dividend Announcement

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 dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.92%. The ex-dividend date is Wednesday, September 25th. Johnson Controls International’s payout ratio is currently 61.92%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on JCI shares. Bank of America increased their price target on Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Royal Bank of Canada upgraded shares of Johnson Controls International from an “underperform” rating to a “sector perform” rating and lifted their target price for the stock from $61.00 to $69.00 in a research note on Wednesday, August 14th. 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. StockNews.com raised shares of Johnson Controls International from a “hold” rating to a “buy” rating in a report on Friday. Finally, Barclays boosted their price objective on shares of Johnson Controls International from $62.00 to $64.00 and gave the company an “equal weight” rating in a report on Wednesday, October 2nd. Eleven research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $73.43.

Insider Activity

In related news, CEO George Oliver sold 110,615 shares of the company’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $76.79, for a total value of $8,494,125.85. Following the completion of the transaction, the chief executive officer now owns 1,243,751 shares of the company’s stock, valued at approximately $95,507,639.29. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, COO Nathan D. Manning sold 3,000 shares of the business’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total transaction of $231,240.00. Following the completion of the sale, the chief operating officer now owns 140,488 shares of the company’s stock, valued at $10,828,815.04. 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 is available at this link. Also, CEO George Oliver sold 110,615 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 1,243,751 shares of the company’s stock, valued at $95,507,639.29. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 227,494 shares of company stock worth $16,997,782 in the last ninety days. Company insiders own 0.69% of the company’s stock.

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.