Scissortail Wealth Management LLC Takes $3.97 Million Position in Johnson Controls International plc (NYSE:JCI)

Scissortail Wealth Management LLC bought a new stake in shares of Johnson Controls International plc (NYSE:JCI) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 70,120 shares of the company’s stock, valued at approximately $3,972,000. Johnson Controls International accounts for about 1.3% of Scissortail Wealth Management LLC’s portfolio, making the stock its 24th largest position.

Other institutional investors also recently bought and sold shares of the company. M. Kulyk & Associates LLC boosted its holdings in Johnson Controls International by 2.6% in the 3rd quarter. M. Kulyk & Associates LLC now owns 92,945 shares of the company’s stock worth $4,946,000 after buying an additional 2,336 shares during the last quarter. RPG Investment Advisory LLC boosted its holdings in Johnson Controls International by 19.3% in the 4th quarter. RPG Investment Advisory LLC now owns 196,559 shares of the company’s stock worth $11,330,000 after buying an additional 31,759 shares during the last quarter. Quantbot Technologies LP boosted its holdings in Johnson Controls International by 249.8% in the 3rd quarter. Quantbot Technologies LP now owns 23,934 shares of the company’s stock worth $1,274,000 after buying an additional 17,091 shares during the last quarter. ANTIPODES PARTNERS Ltd boosted its holdings in Johnson Controls International by 89.4% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 253,859 shares of the company’s stock worth $14,632,000 after buying an additional 119,844 shares during the last quarter. Finally, Wealthspire Advisors LLC boosted its holdings in Johnson Controls International by 47.6% in the 3rd quarter. Wealthspire Advisors LLC now owns 4,595 shares of the company’s stock worth $244,000 after buying an additional 1,481 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Johnson Controls International Trading Down 0.3 %

Shares of JCI stock traded down $0.18 during trading on Tuesday, hitting $64.22. 3,655,062 shares of the stock traded hands, compared to its average volume of 5,642,188. The firm has a market capitalization of $43.76 billion, a P/E ratio of 20.92, a price-to-earnings-growth ratio of 1.64 and a beta of 1.24. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.97 and a quick ratio of 0.73. The firm’s fifty day moving average price is $61.20 and its 200-day moving average price is $56.16. Johnson Controls International plc has a 52-week low of $47.90 and a 52-week high of $70.43.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Tuesday, January 30th. The company reported $0.51 earnings per share for the quarter, meeting the consensus estimate of $0.51. Johnson Controls International had a net margin of 7.85% and a return on equity of 13.08%. The firm had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.94 billion. During the same quarter last year, the firm earned $0.67 EPS. The firm’s revenue for the quarter was up .4% on a year-over-year basis. As a group, research analysts forecast that Johnson Controls International plc will post 3.61 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, April 19th. Investors of record on Monday, March 25th will be issued a $0.37 dividend. The ex-dividend date is Friday, March 22nd. This represents a $1.48 annualized dividend and a yield of 2.30%. Johnson Controls International’s dividend payout ratio (DPR) is presently 48.21%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on JCI shares. Melius Research reiterated a “hold” rating on shares of Johnson Controls International in a report on Tuesday, January 30th. Royal Bank of Canada decreased their target price on shares of Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating on the stock in a research note on Wednesday, January 31st. Argus lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Tuesday, February 20th. TheStreet raised shares of Johnson Controls International from a “c+” rating to a “b-” rating in a research note on Tuesday, December 26th. Finally, StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $64.08.

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.