Evergreen Capital Management LLC Has $460,000 Stake in Johnson Controls International plc (NYSE:JCI)

Evergreen Capital Management LLC lifted its holdings in Johnson Controls International plc (NYSE:JCI) by 12.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,885 shares of the company’s stock after acquiring an additional 775 shares during the quarter. Evergreen Capital Management LLC’s holdings in Johnson Controls International were worth $460,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of JCI. Vanguard Group Inc. boosted its stake in Johnson Controls International by 17.3% in the fourth quarter. Vanguard Group Inc. now owns 71,387,169 shares of the company’s stock worth $4,114,756,000 after purchasing an additional 10,522,009 shares in the last quarter. Capital World Investors raised its holdings in shares of Johnson Controls International by 85.5% in the first quarter. Capital World Investors now owns 14,142,736 shares of the company’s stock valued at $923,804,000 after buying an additional 6,520,580 shares during the last quarter. Fisher Asset Management LLC lifted its position in Johnson Controls International by 4.7% during the 4th quarter. Fisher Asset Management LLC now owns 13,514,262 shares of the company’s stock worth $778,962,000 after buying an additional 604,142 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Johnson Controls International by 8.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,855,075 shares of the company’s stock worth $389,214,000 after acquiring an additional 479,548 shares during the last quarter. Finally, Raymond James & Associates increased its position in Johnson Controls International by 7.0% in the 2nd quarter. Raymond James & Associates now owns 4,485,742 shares of the company’s stock valued at $298,167,000 after acquiring an additional 292,044 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on JCI. Royal Bank of Canada upgraded shares of Johnson Controls International from an “underperform” rating to a “sector perform” rating and upped their target price for the stock from $61.00 to $69.00 in a research report on Wednesday, August 14th. Robert W. Baird upped their price objective on Johnson Controls International from $72.00 to $78.00 and gave the stock a “neutral” rating in a report on Thursday, August 1st. Bank of America raised Johnson Controls International from a “neutral” rating to a “buy” rating and lifted their target price for the company from $76.00 to $80.00 in a research note on Tuesday, September 10th. Wells Fargo & Company boosted their target price on Johnson Controls International from $75.00 to $80.00 and gave the stock an “overweight” rating in a research report on Thursday, August 1st. Finally, Oppenheimer raised their price target on Johnson Controls International from $70.00 to $76.00 and gave the company an “outperform” rating in a report on Thursday, June 27th. Eleven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, Johnson Controls International presently has an average rating of “Hold” and a consensus price target of $70.21.

Johnson Controls International Trading Up 0.4 %

Shares of NYSE JCI opened at $75.86 on Thursday. 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 $75.98. The company’s fifty day moving average is $70.13 and its 200-day moving average is $68.04. The stock has a market cap of $51.11 billion, a price-to-earnings ratio of 30.71, a P/E/G ratio of 1.98 and a beta of 1.29.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Wednesday, July 31st. The company reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.06. The firm 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%. The company’s revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.03 earnings per share. Equities research analysts predict that Johnson Controls International plc will post 3.67 EPS for the current year.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th will be issued a dividend of $0.37 per share. The ex-dividend date is Wednesday, September 25th. This represents a $1.48 annualized dividend and a yield of 1.95%. Johnson Controls International’s dividend payout ratio (DPR) is currently 59.92%.

Insider Buying and Selling at Johnson Controls International

In other news, COO Nathan D. Manning sold 1,167 shares of the stock in a transaction on Monday, July 1st. The shares were sold at an average price of $66.01, for a total transaction of $77,033.67. Following the completion of the sale, the chief operating officer now owns 104,556 shares of the company’s stock, valued at $6,901,741.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CEO George Oliver sold 110,615 shares of the business’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $72.67, for a total value of $8,038,392.05. Following the sale, the chief executive officer now directly owns 1,243,751 shares in the company, valued at $90,383,385.17. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Nathan D. Manning sold 1,167 shares of the company’s stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $66.01, for a total value of $77,033.67. Following the transaction, the chief operating officer now directly owns 104,556 shares of the company’s stock, valued at $6,901,741.56. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 115,046 shares of company stock valued at $8,347,562. 0.69% of the stock is currently owned by corporate insiders.

Johnson Controls International 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.