3,078 Shares in Johnson Controls International plc (NYSE:JCI) Bought by Farmers Trust Co.

Farmers Trust Co. bought a new position in shares of Johnson Controls International plc (NYSE:JCI) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,078 shares of the company’s stock, valued at approximately $201,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JCI. Rise Advisors LLC purchased a new stake in Johnson Controls International during the first quarter valued at $25,000. Turtle Creek Wealth Advisors LLC purchased a new stake in Johnson Controls International during the fourth quarter valued at $25,000. EdgeRock Capital LLC purchased a new stake in Johnson Controls International during the fourth quarter valued at $27,000. Hexagon Capital Partners LLC raised its stake in Johnson Controls International by 114.0% during the fourth quarter. Hexagon Capital Partners LLC now owns 503 shares of the company’s stock valued at $29,000 after purchasing an additional 268 shares in the last quarter. Finally, Headinvest LLC purchased a new stake in Johnson Controls International during the third quarter valued at $30,000. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Down 1.3 %

Shares of Johnson Controls International stock opened at $68.19 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.87 and a quick ratio of 0.65. The stock has a market cap of $45.94 billion, a price-to-earnings ratio of 27.61, a PEG ratio of 1.78 and a beta of 1.29. The firm’s 50-day moving average is $67.86 and its two-hundred day moving average is $61.64. Johnson Controls International plc has a 1 year low of $47.90 and a 1 year high of $74.23.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Wednesday, May 1st. The company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.03. The business had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.51 billion. Johnson Controls International had a net margin of 6.32% and a return on equity of 13.21%. The company’s revenue for the quarter was down 6.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.75 EPS. As a group, research analysts expect that Johnson Controls International plc will post 3.59 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 19th. Shareholders of record on Monday, June 24th will be given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date of this dividend is Monday, June 24th. Johnson Controls International’s dividend payout ratio (DPR) is 59.92%.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 9,342 shares of the firm’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $65.50, for a total transaction of $611,901.00. Following the transaction, the vice president now owns 25,378 shares of the company’s stock, valued at approximately $1,662,259. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, VP Daniel C. Mcconeghy sold 9,342 shares of Johnson Controls International stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $65.50, for a total value of $611,901.00. Following the transaction, the vice president now owns 25,378 shares of the company’s stock, valued at approximately $1,662,259. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Nathan D. Manning sold 3,000 shares of Johnson Controls International stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $62.86, for a total transaction of $188,580.00. Following the completion of the transaction, the chief operating officer now directly owns 106,891 shares in the company, valued at approximately $6,719,168.26. The disclosure for this sale can be found here. In the last quarter, insiders have sold 16,900 shares of company stock valued at $1,085,145. Company insiders own 0.69% of the company’s stock.

Wall Street Analysts Forecast Growth

JCI has been the topic of a number of recent research reports. Oppenheimer decreased their price target on shares of Johnson Controls International from $71.00 to $70.00 and set an “outperform” rating on the stock in a research note on Thursday, May 2nd. Wells Fargo & Company increased their target price on shares of Johnson Controls International from $64.00 to $73.00 and gave the company an “overweight” rating in a research note on Tuesday, April 2nd. Barclays reduced their target price on shares of Johnson Controls International from $61.00 to $59.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 2nd. UBS Group downgraded shares of Johnson Controls International from a “buy” rating to a “neutral” rating and reduced their target price for the company from $74.00 to $68.00 in a research note on Monday, May 6th. Finally, Mizuho downgraded shares of Johnson Controls International from a “buy” rating to a “neutral” rating and set a $62.00 target price on the stock. in a research note on Friday, February 23rd. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Johnson Controls International has an average rating of “Hold” and a consensus target price of $63.00.

About Johnson Controls International

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.