Bradley Foster & Sargent Inc. CT Has $1.82 Million Position in Johnson Controls International plc (NYSE:JCI)

Bradley Foster & Sargent Inc. CT lowered its position in shares of Johnson Controls International plc (NYSE:JCI) by 0.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 27,438 shares of the company’s stock after selling 262 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Johnson Controls International were worth $1,824,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Glassy Mountain Advisors Inc. grew its holdings in Johnson Controls International by 0.4% during the first quarter. Glassy Mountain Advisors Inc. now owns 50,282 shares of the company’s stock valued at $3,284,000 after purchasing an additional 181 shares during the period. HCR Wealth Advisors lifted its stake in Johnson Controls International by 1.2% in the fourth quarter. HCR Wealth Advisors now owns 16,225 shares of the company’s stock valued at $935,000 after buying an additional 185 shares in the last quarter. Center for Financial Planning Inc. lifted its stake in Johnson Controls International by 5.7% in the second quarter. Center for Financial Planning Inc. now owns 3,485 shares of the company’s stock valued at $232,000 after buying an additional 187 shares in the last quarter. Wedmont Private Capital lifted its stake in Johnson Controls International by 3.1% in the second quarter. Wedmont Private Capital now owns 6,440 shares of the company’s stock valued at $451,000 after buying an additional 192 shares in the last quarter. Finally, Hexagon Capital Partners LLC lifted its stake in Johnson Controls International by 39.7% in the second quarter. Hexagon Capital Partners LLC now owns 711 shares of the company’s stock valued at $47,000 after buying an additional 202 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

NYSE JCI opened at $72.77 on Thursday. The company has a current ratio of 0.96, a quick ratio of 0.73 and a debt-to-equity ratio of 0.46. The firm’s fifty day moving average price is $69.78 and its two-hundred day moving average price is $67.60. Johnson Controls International plc has a 1 year low of $47.90 and a 1 year high of $75.36. The firm has a market capitalization of $48.61 billion, a P/E ratio of 29.46, a price-to-earnings-growth ratio of 1.91 and a beta of 1.29.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.06. Johnson Controls International had a net margin of 6.02% and a return on equity of 13.64%. The firm had revenue of $7.23 billion for the quarter, compared to analyst estimates of $7.53 billion. During the same period in the prior year, the firm posted $1.03 earnings per share. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. As a group, research analysts anticipate that Johnson Controls International plc will post 3.67 EPS for the current year.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 2.03%. The ex-dividend date of this dividend is Wednesday, September 25th. Johnson Controls International’s dividend payout ratio (DPR) is currently 59.92%.

Insiders Place Their Bets

In other Johnson Controls International news, COO Nathan D. Manning sold 1,167 shares of the company’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $70.71, for a total value of $82,518.57. Following the transaction, the chief operating officer now directly owns 103,866 shares in the company, valued at $7,344,364.86. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Johnson Controls International news, CEO George Oliver sold 110,615 shares of the company’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $72.67, for a total value of $8,038,392.05. Following the transaction, the chief executive officer now directly owns 1,243,751 shares in the company, valued at $90,383,385.17. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Nathan D. Manning sold 1,167 shares of the company’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $70.71, for a total transaction of $82,518.57. Following the completion of the transaction, the chief operating officer now owns 103,866 shares in the company, valued at $7,344,364.86. The disclosure for this sale can be found here. Over the last three months, insiders have sold 114,860 shares of company stock valued at $8,333,834. 0.69% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on JCI shares. Oppenheimer lifted their price target on shares of Johnson Controls International from $70.00 to $76.00 and gave the company an “outperform” rating in a research note on Thursday, June 27th. Bank of America raised shares of Johnson Controls International from a “neutral” rating to a “buy” rating and lifted their price target for the company from $76.00 to $80.00 in a research note on Tuesday, September 10th. Robert W. Baird lifted their price target on shares of Johnson Controls International from $72.00 to $78.00 and gave the company a “neutral” rating in a research note on Thursday, August 1st. Wells Fargo & Company lifted their price target on shares of Johnson Controls International from $75.00 to $80.00 and gave the company an “overweight” rating in a research note on Thursday, August 1st. Finally, Barclays cut their price target on shares of Johnson Controls International from $62.00 to $61.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 10th. Eleven analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $70.21.

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.