Johnson Controls International plc (NYSE:JCI) Shares Acquired by Financial Management Professionals Inc.

Financial Management Professionals Inc. lifted its position in Johnson Controls International plc (NYSE:JCI) by 21,700.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,450 shares of the company’s stock after acquiring an additional 5,425 shares during the period. Financial Management Professionals Inc.’s holdings in Johnson Controls International were worth $356,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JCI. Optimum Investment Advisors raised its holdings in shares of Johnson Controls International by 17.5% during the fourth quarter. Optimum Investment Advisors now owns 1,175 shares of the company’s stock worth $68,000 after purchasing an additional 175 shares during the last quarter. Raleigh Capital Management Inc. raised its stake in shares of Johnson Controls International by 3.9% during the 3rd quarter. Raleigh Capital Management Inc. now owns 4,767 shares of the company’s stock valued at $254,000 after buying an additional 179 shares during the last quarter. BSW Wealth Partners lifted its holdings in shares of Johnson Controls International by 4.3% in the 4th quarter. BSW Wealth Partners now owns 4,494 shares of the company’s stock valued at $259,000 after buying an additional 185 shares during the period. HCR Wealth Advisors boosted its stake in shares of Johnson Controls International by 1.2% in the fourth quarter. HCR Wealth Advisors now owns 16,225 shares of the company’s stock worth $935,000 after buying an additional 185 shares during the last quarter. Finally, West Paces Advisors Inc. grew its holdings in Johnson Controls International by 34.5% during the fourth quarter. West Paces Advisors Inc. now owns 788 shares of the company’s stock worth $45,000 after acquiring an additional 202 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

Shares of JCI stock opened at $66.47 on Friday. The firm has a 50 day moving average of $68.24 and a two-hundred day moving average of $62.21. The stock has a market capitalization of $44.78 billion, a PE ratio of 26.91, a P/E/G ratio of 1.71 and a beta of 1.29. The company has a quick ratio of 0.65, a current ratio of 0.87 and a debt-to-equity ratio of 0.44. Johnson Controls International plc has a 52 week low of $47.90 and a 52 week high of $74.23.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Wednesday, May 1st. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.03. Johnson Controls International had a return on equity of 13.21% and a net margin of 6.32%. The business had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.51 billion. During the same period in the previous year, the company posted $0.75 earnings per share. The business’s revenue for the quarter was down 6.1% on a year-over-year basis. On average, research analysts predict that Johnson Controls International plc will post 3.59 EPS 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. Investors of record on Monday, June 24th will be issued a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 2.23%. The ex-dividend date of this dividend is Monday, June 24th. Johnson Controls International’s dividend payout ratio (DPR) is presently 59.92%.

Insider Buying and Selling at Johnson Controls International

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

Analyst Ratings Changes

Several research firms have commented on JCI. Citigroup upped their price objective 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. Oppenheimer boosted their price objective on Johnson Controls International from $70.00 to $76.00 and gave the stock an “outperform” rating in a research note on Thursday. UBS Group cut Johnson Controls International from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $74.00 to $68.00 in a research report on Monday, May 6th. Barclays raised their price objective on Johnson Controls International from $59.00 to $62.00 and gave the company an “equal weight” rating in a report on Friday, June 21st. Finally, Wells Fargo & Company upped their target price on shares of Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Johnson Controls International has an average rating of “Hold” and an average target price of $63.82.

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.