Johnson Controls International plc’s (JCI:NYE) position has been reduced by 0.7% by Shufro Rose & Co. LLC in the fourth quarter, as stated in the company’s latest filing with the Securities and Exchange Commission. Shufro Rose & Co. LLC sold 2,716 shares during the quarter, leaving it with 402,389 shares of the JCI stock, which is 2.2% of the institutional investor’s investment portfolio. As of the most recent reporting period, Shufro Rose & Co. LLC owned 0.06% of Johnson Controls International worth $25,754,000, making the stock its 11th biggest holding.
Other institutional investors, such as Salem Investment Counselors Inc., Canton Hathaway LLC, Massmutual Trust Co. FSB ADV, High Net Worth Advisory Group LLC, and Rosenberg Matthew Hamilton, have also recently made changes to their positions in the company. Hedge funds and other institutional investors own 88.76% of the JCI stock.
JCI Stock Price Analysis:
Johnson Controls International’s stock opened at $60.22 on Monday, with a 12-month low of $45.52 and a 12-month high of $69.60. The company has a current ratio of 1.02, a quick ratio of 0.77, and a debt-to-equity ratio of 0.45.
Johnson Controls International has a market capitalization of $37.23 billion, a P/E ratio of 32.73, a P/E/G ratio of 1.27, and a beta of 1.23. The stock has a 50-day moving average price of $63.36 and a 200-day moving average price of $61.78.
Based on data from Stock Target Advisor, the company presently has an average rating of “Strong Buy” and a consensus target price of $69.88.
Quarterly Earnings Review:
The company’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.54 earnings per share. Johnson Controls International’s dividend payout ratio is presently 78.26%.
The company declared a quarterly dividend, which will be paid on Friday, April 14th. Investors of record on Monday, March 20th will be paid a dividend of $0.36 per share. The ex-dividend date is Friday, March 17th.
This represents a $1.44 dividend on an annualized basis and a yield of 2.39%. Johnson Controls International’s earnings per share for the current fiscal year are expected to be $3.48, according to equities research analysts.
JCI Stock-Analyst Ratings:
A number of equities research analysts have weighed in on the company. Barclays decreased their target price on shares of Johnson Controls International from $74.00 to $73.00 and set an “overweight” rating for the company in a research note on Wednesday, March 22nd.
Mizuho increased their price target on shares of Johnson Controls International from $72.00 to $78.00 and gave the JCI stock a “buy” rating in a research report on Friday, January 13th.
Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Johnson Controls International from $70.00 to $74.00 in a research report on Monday, December 5th.
In related news, VP Daniel C. Mcconeghy sold 3,068 shares of the stock in a transaction dated Friday, February 10th. The shares were sold at an average price of $64.43, for a total value of $197,671.24. Following the completion of the transaction, the vice president now directly owns 15,385 shares in the company, valued at approximately $991,769.55.
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. Johnson Controls International plc was incorporated in 1885 and is headquartered in Cork, Ireland.