OLD National Bancorp IN Invests $200,000 in Johnson Controls International plc (NYSE:JCI)

OLD National Bancorp IN acquired a new position in shares of Johnson Controls International plc (NYSE:JCI) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 3,471 shares of the company’s stock, valued at approximately $200,000.

Other large investors have also modified their holdings of the company. M. Kulyk & Associates LLC boosted its stake in shares of Johnson Controls International by 2.6% during the 3rd quarter. M. Kulyk & Associates LLC now owns 92,945 shares of the company’s stock worth $4,946,000 after acquiring an additional 2,336 shares in the last quarter. RPG Investment Advisory LLC boosted its stake in shares of Johnson Controls International by 19.3% during the 4th quarter. RPG Investment Advisory LLC now owns 196,559 shares of the company’s stock worth $11,330,000 after acquiring an additional 31,759 shares in the last quarter. Quantbot Technologies LP boosted its stake in shares of Johnson Controls International by 249.8% during the 3rd quarter. Quantbot Technologies LP now owns 23,934 shares of the company’s stock worth $1,274,000 after acquiring an additional 17,091 shares in the last quarter. ANTIPODES PARTNERS Ltd boosted its position in shares of Johnson Controls International by 89.4% in the fourth 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 period. Finally, Wealthspire Advisors LLC boosted its position in shares of Johnson Controls International by 47.6% in the third 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 period. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Price Performance

NYSE JCI opened at $65.11 on Friday. Johnson Controls International plc has a fifty-two week low of $47.90 and a fifty-two week high of $70.43. The stock’s 50-day moving average is $62.79 and its two-hundred day moving average is $56.87. 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 has a market cap of $44.37 billion, a P/E ratio of 21.21, a price-to-earnings-growth ratio of 1.62 and a beta of 1.24.

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 return on equity of 13.08% and a net margin of 7.85%. The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.94 billion. During the same period last year, the company earned $0.67 earnings per share. The business’s revenue was up .4% compared to the same quarter last year. On average, analysts anticipate that Johnson Controls International plc will post 3.61 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Monday, March 25th were paid a $0.37 dividend. The ex-dividend date of this dividend was Friday, March 22nd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.27%. Johnson Controls International’s payout ratio is presently 48.21%.

Analysts Set New Price Targets

Several analysts have recently commented on JCI shares. Oppenheimer raised their target price on Johnson Controls International from $66.00 to $71.00 and gave the stock an “outperform” rating in a research report on Thursday, April 18th. Citigroup raised their target price on Johnson Controls International from $59.00 to $68.00 and gave the stock a “neutral” rating in a research report on Monday, April 8th. Melius Research reaffirmed a “hold” rating on shares of Johnson Controls International in a research report on Tuesday, January 30th. Barclays raised their target price on Johnson Controls International from $59.00 to $61.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 2nd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $60.00 price objective (down from $65.00) on shares of Johnson Controls International in a report on Wednesday, January 31st. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Johnson Controls International currently has a consensus rating of “Hold” and an average price target of $64.50.

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.