J.W. Cole Advisors Inc. Decreases Stake in Johnson Controls International plc (NYSE:JCI)

J.W. Cole Advisors Inc. cut its position in Johnson Controls International plc (NYSE:JCI) by 6.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,105 shares of the company’s stock after selling 203 shares during the period. J.W. Cole Advisors Inc.’s holdings in Johnson Controls International were worth $206,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of JCI. Rise Advisors LLC acquired a new position in shares of Johnson Controls International in the 1st quarter valued at $25,000. Continuum Advisory LLC increased its stake in Johnson Controls International by 65.2% in the second quarter. Continuum Advisory LLC now owns 527 shares of the company’s stock valued at $35,000 after purchasing an additional 208 shares during the period. Hexagon Capital Partners LLC raised its holdings in shares of 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 during the last quarter. Friedenthal Financial acquired a new stake in shares of Johnson Controls International during the second quarter worth about $47,000. Finally, Centerpoint Advisors LLC grew its holdings in shares of Johnson Controls International by 126.8% during the first quarter. Centerpoint Advisors LLC now owns 737 shares of the company’s stock worth $48,000 after buying an additional 412 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Barclays cut their price target on Johnson Controls International from $62.00 to $61.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 10th. Oppenheimer increased their price target on shares of Johnson Controls International from $70.00 to $76.00 and gave the stock an “outperform” rating in a report on Thursday, June 27th. Wells Fargo & Company lifted their price objective on Johnson Controls International from $75.00 to $80.00 and gave the company an “overweight” rating in a report on Thursday, August 1st. Royal Bank of Canada raised Johnson Controls International from an “underperform” rating to a “sector perform” rating and increased their target price for the stock from $61.00 to $69.00 in a research note on Wednesday, August 14th. Finally, StockNews.com upgraded Johnson Controls International from a “hold” rating to a “buy” rating in a research note on Friday, August 2nd. Eleven analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $70.21.

Johnson Controls International Trading Up 2.0 %

Shares of JCI stock opened at $74.23 on Friday. The company has a market capitalization of $49.59 billion, a price-to-earnings ratio of 30.05, a PEG ratio of 1.91 and a beta of 1.29. 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 has a 50-day moving average price of $69.87 and a 200 day moving average price of $67.64. Johnson Controls International plc has a twelve month low of $47.90 and a twelve month high of $75.36.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $7.23 billion during the quarter, compared to analyst estimates of $7.53 billion. During the same quarter in the previous year, the business posted $1.03 earnings per share. The company’s revenue was up 1.4% on a year-over-year basis. Research analysts forecast that Johnson Controls International plc will post 3.67 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date of this dividend is Wednesday, September 25th. Johnson Controls International’s dividend payout ratio is currently 59.92%.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, COO Nathan D. Manning sold 1,167 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total value of $84,899.25. Following the sale, the chief operating officer now directly owns 143,488 shares of the company’s stock, valued at approximately $10,438,752. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, CEO George Oliver sold 110,615 shares of the company’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the completion of the sale, the chief executive officer now directly owns 1,243,751 shares in the company, valued at approximately $90,383,385.17. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Nathan D. Manning sold 1,167 shares of Johnson Controls International stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $72.75, for a total value of $84,899.25. Following the completion of the transaction, the chief operating officer now owns 143,488 shares in the company, valued at approximately $10,438,752. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 114,860 shares of company stock worth $8,333,834. 0.69% of the stock is currently owned by insiders.

Johnson Controls International 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.