Saturna Capital Corp Has $208.57 Million Stake in Johnson Controls International plc (NYSE:JCI)

Saturna Capital Corp increased its position in shares of Johnson Controls International plc (NYSE:JCI) by 0.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,642,443 shares of the company’s stock after buying an additional 804 shares during the quarter. Johnson Controls International accounts for 2.8% of Saturna Capital Corp’s portfolio, making the stock its 9th biggest holding. Saturna Capital Corp owned approximately 0.40% of Johnson Controls International worth $208,568,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JCI. Compass Financial Services Inc acquired a new position in shares of Johnson Controls International in the 4th quarter valued at $26,000. SBI Securities Co. Ltd. bought a new stake in Johnson Controls International in the fourth quarter valued at about $29,000. Synergy Asset Management LLC acquired a new position in Johnson Controls International in the fourth quarter worth about $42,000. ST Germain D J Co. Inc. lifted its stake in Johnson Controls International by 32.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after purchasing an additional 134 shares during the period. Finally, Gables Capital Management Inc. boosted its holdings in Johnson Controls International by 132.0% during the fourth quarter. Gables Capital Management Inc. now owns 580 shares of the company’s stock valued at $46,000 after purchasing an additional 330 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Johnson Controls International news, CEO George Oliver sold 129,263 shares of the stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $83.55, for a total value of $10,799,923.65. Following the sale, the chief executive officer now directly owns 1,203,893 shares in the company, valued at approximately $100,585,260.15. This trade represents a 9.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Nathan D. Manning sold 1,421 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total transaction of $108,621.24. Following the completion of the transaction, the vice president now directly owns 148,346 shares of the company’s stock, valued at $11,339,568.24. This trade represents a 0.95 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 706,050 shares of company stock worth $61,972,667. Insiders own 0.54% of the company’s stock.

Johnson Controls International Trading Down 1.3 %

Shares of NYSE JCI opened at $76.94 on Wednesday. The company’s 50 day simple moving average is $82.45 and its 200 day simple moving average is $79.64. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. Johnson Controls International plc has a fifty-two week low of $59.83 and a fifty-two week high of $91.14. The firm has a market capitalization of $50.79 billion, a P/E ratio of 29.37, a P/E/G ratio of 1.96 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. On average, analysts predict that Johnson Controls International plc will post 3.64 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on JCI. Melius Research reissued a “hold” rating and issued a $95.00 target price on shares of Johnson Controls International in a report on Tuesday, January 28th. StockNews.com downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Royal Bank of Canada increased their target price on shares of Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 6th. JPMorgan Chase & Co. upped their price objective on shares of Johnson Controls International from $87.00 to $100.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Finally, Barclays decreased their price target on Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating on the stock in a research report on Monday. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $91.27.

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.