Johnson Controls International plc (NYSE:JCI) Shares Purchased by US Bancorp DE

US Bancorp DE increased its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 1.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 81,841 shares of the company’s stock after acquiring an additional 1,063 shares during the period. US Bancorp DE’s holdings in Johnson Controls International were worth $5,346,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JCI. Turtle Creek Wealth Advisors LLC acquired a new position in Johnson Controls International during the fourth quarter worth $25,000. Rise Advisors LLC acquired a new position in Johnson Controls International during the first quarter worth $25,000. EdgeRock Capital LLC acquired a new position in Johnson Controls International during the fourth quarter worth $27,000. Hexagon Capital Partners LLC grew its holdings in Johnson Controls International by 114.0% during the fourth quarter. Hexagon Capital Partners LLC now owns 503 shares of the company’s stock worth $29,000 after acquiring an additional 268 shares during the period. Finally, Bruce G. Allen Investments LLC acquired a new position in Johnson Controls International during the fourth quarter worth $36,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on JCI. UBS Group downgraded Johnson Controls International from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $74.00 to $68.00 in a research report on Monday, May 6th. Robert W. Baird boosted their target price on Johnson Controls International from $62.00 to $72.00 and gave the stock a “neutral” rating in a research report on Monday. Citigroup boosted their target price 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. Wells Fargo & Company boosted their target price on Johnson Controls International from $70.00 to $75.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 10th. Finally, Barclays decreased their target price on Johnson Controls International from $62.00 to $61.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 10th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Johnson Controls International has an average rating of “Hold” and an average price target of $65.23.

Insider Buying and Selling

In related news, COO Nathan D. Manning sold 1,167 shares of the stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $66.01, for a total transaction of $77,033.67. Following the transaction, the chief operating officer now directly owns 104,556 shares in the company, valued at $6,901,741.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, COO Nathan D. Manning sold 1,167 shares of Johnson Controls International stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $66.01, for a total value of $77,033.67. Following the transaction, the chief operating officer now directly owns 104,556 shares of the company’s stock, valued at approximately $6,901,741.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Nathan D. Manning sold 3,000 shares of Johnson Controls International stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $62.86, for a total value 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 $6,719,168.26. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 18,067 shares of company stock worth $1,162,299. 0.69% of the stock is owned by company insiders.

Johnson Controls International Trading Down 2.5 %

NYSE JCI traded down $1.78 during trading hours on Wednesday, hitting $70.40. 1,071,391 shares of the company’s stock were exchanged, compared to its average volume of 5,313,102. The business’s 50 day moving average is $69.26 and its 200-day moving average is $63.31. Johnson Controls International plc has a 12-month low of $47.90 and a 12-month high of $74.23. The firm has a market capitalization of $47.43 billion, a P/E ratio of 28.74, a price-to-earnings-growth ratio of 1.83 and a beta of 1.28. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.65 and a current ratio of 0.87.

Johnson Controls International (NYSE:JCI) last released its earnings results on Wednesday, May 1st. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.51 billion. During the same period in the prior year, the business posted $0.75 earnings per share. The firm’s revenue for the quarter was down 6.1% compared to the same quarter last year. As a group, analysts anticipate 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 given a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, June 24th. This represents a $1.48 annualized dividend and a yield of 2.10%. Johnson Controls International’s dividend payout ratio (DPR) is presently 59.92%.

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.