New York State Common Retirement Fund Acquires 4,400 Shares of Johnson Controls International plc (NYSE:JCI)

New York State Common Retirement Fund increased its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 0.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 846,488 shares of the company’s stock after acquiring an additional 4,400 shares during the quarter. New York State Common Retirement Fund’s holdings in Johnson Controls International were worth $66,813,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. State Street Corp increased its position in Johnson Controls International by 1.1% during the third quarter. State Street Corp now owns 27,939,766 shares of the company’s stock worth $2,178,595,000 after acquiring an additional 300,712 shares during the period. Fisher Asset Management LLC grew its stake in Johnson Controls International by 3.4% during the third quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock worth $1,187,084,000 after buying an additional 509,293 shares in the last quarter. Geode Capital Management LLC grew its stake in Johnson Controls International by 0.5% during the third quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company’s stock worth $1,041,822,000 after buying an additional 71,493 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Johnson Controls International by 514.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock worth $418,439,000 after buying an additional 4,514,792 shares in the last quarter. Finally, abrdn plc grew its stake in Johnson Controls International by 6.1% during the third quarter. abrdn plc now owns 1,974,268 shares of the company’s stock worth $152,157,000 after buying an additional 112,955 shares in the last quarter. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Stock Down 0.3 %

NYSE:JCI opened at $90.36 on Thursday. The firm’s 50 day simple moving average is $81.90 and its 200 day simple moving average is $78.18. 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 one year low of $56.28 and a one year high of $91.14. The company has a market cap of $59.65 billion, a PE ratio of 34.49, a P/E/G ratio of 1.98 and a beta of 1.32.

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

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.37 per share. The ex-dividend date was Monday, December 23rd. This represents a $1.48 annualized dividend and a yield of 1.64%. Johnson Controls International’s payout ratio is 56.49%.

Insiders Place Their Bets

In other Johnson Controls International news, CEO George Oliver sold 162,894 shares of the firm’s stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $89.28, for a total transaction of $14,543,176.32. Following the completion of the transaction, the chief executive officer now owns 1,203,893 shares in the company, valued at approximately $107,483,567.04. This trade represents a 11.92 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Marlon Sullivan sold 7,230 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total transaction of $602,620.50. Following the transaction, the executive vice president now owns 32,246 shares of the company’s stock, valued at approximately $2,687,704.10. The trade was a 18.31 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 889,434 shares of company stock worth $77,215,058. 0.54% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. StockNews.com downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Melius downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price objective on the stock. in a research note on Tuesday, January 28th. JPMorgan Chase & Co. increased 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. Robert W. Baird increased their price objective on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Finally, Morgan Stanley increased their price objective on shares of Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $91.13.

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.