Bright Futures Wealth Management LLC. Purchases New Shares in Johnson Controls International plc (NYSE:JCI)

Bright Futures Wealth Management LLC. acquired a new position in Johnson Controls International plc (NYSE:JCI) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 5,915 shares of the company’s stock, valued at approximately $396,000.

A number of other institutional investors have also recently bought and sold shares of the business. Glassy Mountain Advisors Inc. lifted its position in shares of Johnson Controls International by 0.4% during the 1st quarter. Glassy Mountain Advisors Inc. now owns 50,282 shares of the company’s stock valued at $3,284,000 after acquiring an additional 181 shares during the period. BSW Wealth Partners grew its stake in Johnson Controls International by 4.3% during the fourth quarter. BSW Wealth Partners now owns 4,494 shares of the company’s stock worth $259,000 after buying an additional 185 shares in the last quarter. HCR Wealth Advisors increased its holdings in Johnson Controls International by 1.2% in the 4th quarter. HCR Wealth Advisors now owns 16,225 shares of the company’s stock valued at $935,000 after buying an additional 185 shares during the period. West Paces Advisors Inc. raised its position in shares of Johnson Controls International by 34.5% in the 4th quarter. West Paces Advisors Inc. now owns 788 shares of the company’s stock valued at $45,000 after buying an additional 202 shares in the last quarter. Finally, Global Retirement Partners LLC lifted its holdings in shares of Johnson Controls International by 9.9% during the 4th quarter. Global Retirement Partners LLC now owns 2,283 shares of the company’s stock worth $132,000 after acquiring an additional 205 shares during the period. Institutional investors own 90.05% of the company’s stock.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, COO Nathan D. Manning sold 3,000 shares of the business’s stock in a transaction that occurred on 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 directly owns 106,891 shares of the company’s stock, valued at $6,719,168.26. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other Johnson Controls International news, Director Juergen Tinggren sold 4,000 shares of the company’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $62.31, for a total transaction of $249,240.00. Following the transaction, the director now owns 30,120 shares in the company, valued at $1,876,777.20. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Nathan D. Manning sold 3,000 shares of the company’s stock in a transaction dated 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 sale, the chief operating officer now owns 106,891 shares in the company, valued at approximately $6,719,168.26. The disclosure for this sale can be found here. Insiders have sold a total of 19,048 shares of company stock worth $1,234,530 in the last 90 days. Corporate insiders own 0.69% of the company’s stock.

Wall Street Analysts Forecast Growth

JCI has been the subject of several research analyst reports. UBS Group downgraded shares of Johnson Controls International from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $74.00 to $68.00 in a research report on Monday, May 6th. Robert W. Baird lifted their target price on Johnson Controls International from $72.00 to $78.00 and gave the company a “neutral” rating in a research report on Thursday. Barclays dropped their target price on shares of Johnson Controls International from $62.00 to $61.00 and set an “equal weight” rating for the company in a report on Wednesday, July 10th. Citigroup lifted their price target on shares of Johnson Controls International from $59.00 to $68.00 and gave the company a “neutral” rating in a report on Monday, April 8th. Finally, Oppenheimer increased their price objective 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. One research analyst has rated the stock with a sell rating, ten have given a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $67.69.

Johnson Controls International Trading Down 4.1 %

JCI stock traded down $2.91 during trading on Friday, hitting $67.42. The company had a trading volume of 10,348,378 shares, compared to its average volume of 4,792,278. The company has a current ratio of 0.96, a quick ratio of 0.65 and a debt-to-equity ratio of 0.46. Johnson Controls International plc has a one year low of $47.90 and a one year high of $75.36. The business has a 50-day moving average of $69.25 and a 200-day moving average of $64.39. The stock has a market cap of $45.04 billion, a PE ratio of 27.30, a PEG ratio of 1.79 and a beta of 1.28.

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, topping the consensus estimate of $1.08 by $0.06. The company had revenue of $7.23 billion during the quarter, compared to analysts’ expectations of $7.53 billion. Johnson Controls International had a net margin of 6.02% and a return on equity of 13.64%. Johnson Controls International’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.03 earnings per share. Research analysts predict that Johnson Controls International plc will post 3.67 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 19th. Stockholders of record on Monday, June 24th were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date was Monday, June 24th. Johnson Controls International’s dividend payout ratio is 59.92%.

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.