Dodge & Cox Invests $1,310,860,000 in Johnson Controls International plc Ordinary Share (JCI)

Dodge & Cox purchased a new position in shares of Johnson Controls International plc Ordinary Share (NYSE:JCI) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 31,824,707 shares of the company’s stock, valued at approximately $1,310,860,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Evercore Wealth Management LLC raised its position in Johnson Controls International plc Ordinary Share by 52.5% in the second quarter. Evercore Wealth Management LLC now owns 3,075 shares of the company’s stock worth $136,000 after buying an additional 1,059 shares during the last quarter. Capital Investment Services of America Inc. acquired a new position in Johnson Controls International plc Ordinary Share during the third quarter worth approximately $204,000. Advisory Services Network LLC raised its position in Johnson Controls International plc Ordinary Share by 86.1% in the third quarter. Advisory Services Network LLC now owns 13,567 shares of the company’s stock worth $631,000 after buying an additional 6,278 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in Johnson Controls International plc Ordinary Share by 5.1% in the third quarter. Oregon Public Employees Retirement Fund now owns 149,336 shares of the company’s stock worth $6,949,000 after buying an additional 7,238 shares during the last quarter. Finally, Community Trust & Investment Co. acquired a new position in Johnson Controls International plc Ordinary Share during the third quarter worth approximately $6,996,000. 82.75% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Johnson Controls International plc Ordinary Share (NYSE:JCI)

Johnson Controls International plc Ordinary Share (NYSE:JCI) traded up 1.41% during mid-day trading on Monday, hitting $42.31. The company had a trading volume of 1,997,237 shares. The firm’s market capitalization is $39.72 billion. The company has a 50 day moving average of $41.96 and a 200 day moving average of $43.51. Johnson Controls International plc Ordinary Share has a 1-year low of $36.29 and a 1-year high of $48.97.

Johnson Controls International plc Ordinary Share (NYSE:JCI) last released its quarterly earnings results on Wednesday, February 1st. The company reported $0.53 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.01. The company earned $7.09 billion during the quarter, compared to analyst estimates of $7.16 billion. Johnson Controls International plc Ordinary Share had a positive return on equity of 13.43% and a negative net margin of 2.07%. The firm’s revenue was up 51.1% on a year-over-year basis. During the same quarter last year, the business posted $0.82 earnings per share. Analysts predict that Johnson Controls International plc Ordinary Share will post $2.65 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 6th. Investors of record on Wednesday, March 22nd will be given a $0.25 dividend. The ex-dividend date of this dividend is Monday, March 20th. This represents a $1.00 annualized dividend and a yield of 2.38%. Johnson Controls International plc Ordinary Share’s dividend payout ratio is currently -314.87%.

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A number of research analysts have commented on JCI shares. Citigroup Inc started coverage on Johnson Controls International plc Ordinary Share in a research report on Monday, November 28th. They set a “buy” rating and a $54.00 price target for the company. Oppenheimer Holdings Inc. set a $52.00 price target on Johnson Controls International plc Ordinary Share and gave the company a “buy” rating in a research report on Wednesday, November 30th. Gabelli lowered Johnson Controls International plc Ordinary Share from a “buy” rating to a “hold” rating and set a $50.00 price target for the company. in a research report on Tuesday, December 6th. They noted that the move was a valuation call. Barclays PLC reaffirmed an “equal weight” rating and set a $48.00 price target on shares of Johnson Controls International plc Ordinary Share in a research report on Friday, December 9th. Finally, Goldman Sachs Group Inc reaffirmed a “buy” rating on shares of Johnson Controls International plc Ordinary Share in a research report on Monday, December 12th. Nine research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. Johnson Controls International plc Ordinary Share presently has a consensus rating of “Buy” and an average price target of $50.71.

Johnson Controls International plc Ordinary Share Company Profile

Johnson Controls, Inc is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions.

5 Day Chart for NYSE:JCI

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