Ownership Don’t Lie: Johnson Controls Inc (NYSE:JCI) Quarterly Sentiment Report

November 24, 2016 - By Ellis Scott   ·   0 Comments

Ownership Don't Lie: Johnson Controls Inc (NYSE:JCI) Quarterly Sentiment Report

Sentiment for Johnson Controls Inc (NYSE:JCI)

Johnson Controls Inc (NYSE:JCI) institutional sentiment decreased to 0.03 in 2016 Q2. Its down -1.15, from 1.18 in 2016Q1. The ratio turned negative, as 360 investment managers opened new or increased stock positions, while 306 decreased and sold stakes in Johnson Controls Inc. The investment managers in our partner’s database now possess: 518.14 million shares, up from 471.76 million shares in 2016Q1. Also, the number of investment managers holding Johnson Controls Inc in their top 10 stock positions increased from 16 to 22 for an increase of 6. Sold All: 50 Reduced: 256 Increased: 268 New Position: 92.

The stock increased 0.80% or $0.36 on November 23, hitting $45.61. About 3.65M shares traded hands. Johnson Controls International plc Ordinary Share (NYSE:JCI) has risen 16.38% since April 22, 2016 and is uptrending. It has outperformed by 10.97% the S&P500.

Analysts await Johnson Controls International plc Ordinary Share (NYSE:JCI) to report earnings on February, 3. They expect $0.51 earnings per share, up 15.91% or $0.07 from last year’s $0.44 per share. JCI’s profit will be $473.44 million for 22.36 P/E if the $0.51 EPS becomes a reality. After $1.21 actual earnings per share reported by Johnson Controls International plc Ordinary Share for the previous quarter, Wall Street now forecasts -57.85% negative EPS growth.

According to Zacks Investment Research, “Johnson Controls International plc provides building products and technology. It offers controls, fire, security, HVAC, power solutions and energy storage. The company serves institutions, commercial buildings, retail, industrial, small business and residential. Johnson Controls International plc, formerly known as Tyco International plc, is headquartered in Milwaukee, Wisconsin.”

Southpoint Capital Advisors Lp holds 10.89% of its portfolio in Johnson Controls International plc Ordinary Share for 4.60 million shares. Edinburgh Partners Ltd owns 1.48 million shares or 9.92% of their US portfolio. Moreover, Hutchinson Capital Management Ca has 5.97% invested in the company for 444,183 shares. The Texas-based Gfs Advisors Llc has invested 3.98% in the stock. Compass Capital Management Inc, a Minnesota-based fund reported 464,819 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 1 insider sale for $4.41 million net activity.

Johnson Controls International plc Ordinary Share (NYSE:JCI) Ratings Coverage

Ratings analysis reveals 81% of Johnson Controls Inc.’s analysts are positive. Out of 16 Wall Street analysts rating Johnson Controls Inc., 13 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $39 while the high is $64. The stock’s average target of $49.69 is 8.95% above today’s ($45.61) share price. JCI was included in 39 notes of analysts from July 28, 2015. The firm has “Market Perform” rating given on Wednesday, December 2 by William Blair. The stock of Johnson Controls International plc Ordinary Share (NYSE:JCI) earned “Buy” rating by Normua on Friday, October 2. The stock has “Buy” rating given by Goldman Sachs on Wednesday, August 12. The stock of Johnson Controls International plc Ordinary Share (NYSE:JCI) earned “Outperform” rating by Credit Suisse on Tuesday, August 23. The rating was maintained by RBC Capital Markets on Monday, July 27 with “Outperform”. The firm earned “Outperform” rating on Friday, September 16 by Bernstein. The stock of Johnson Controls International plc Ordinary Share (NYSE:JCI) has “Outperform” rating given on Tuesday, October 18 by Robert W. Baird. RBC Capital Markets downgraded it to “Sector Perform” rating and $46 target price in Tuesday, December 15 report. The company was upgraded on Tuesday, May 24 by Credit Suisse. UBS maintained Johnson Controls International plc Ordinary Share (NYSE:JCI) rating on Friday, September 16. UBS has “Buy” rating and $51 price target.

JCI Company Profile

Johnson Controls International plc, formerly Tyco International plc, incorporated on May 9, 2014, is a well-known provider of security services and products, fire detection and suppression services and products and life safety products. The Firm operates through three divisions: North America Integrated Solutions & Services (NA Integrated Solutions & Services), Rest of World (ROW) Integrated Solutions & Services (ROW Integrated Solutions & Services) and Global Products. The Company’s portfolio of services and products, sold under brands, such as Tyco, SimplexGrinnell, Chemguard, Wormald, Ansul, Simplex, Scott and ADT (other than the United States, Canada and Korea) serve security, fire detection and suppression and life safety needs across commercial, industrial, retail, small business, institutional and governmental markets, as well as non-United States residential markets.

Another recent and important Johnson Controls International plc Ordinary Share (NYSE:JCI) news was published by Fool.com which published an article titled: “Tyco International plc (Ireland) Ordinary Share up 11% on Merger With Johnson …” on January 25, 2016.

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By Ellis Scott


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