Johnson Controls International plc (NYSE:JCI) Shares Purchased by Foguth Wealth Management LLC.

Foguth Wealth Management LLC. lifted its stake in Johnson Controls International plc (NYSE:JCI) by 19.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,619 shares of the company’s stock after acquiring an additional 757 shares during the period. Foguth Wealth Management LLC.’s holdings in Johnson Controls International were worth $307,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in JCI. 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 worth $3,284,000 after acquiring an additional 181 shares during the period. HCR Wealth Advisors grew its stake in shares of Johnson Controls International by 1.2% in the 4th quarter. HCR Wealth Advisors now owns 16,225 shares of the company’s stock worth $935,000 after purchasing an additional 185 shares during the last quarter. Wedmont Private Capital lifted its stake in Johnson Controls International by 3.1% during the second quarter. Wedmont Private Capital now owns 6,440 shares of the company’s stock valued at $451,000 after purchasing an additional 192 shares during the last quarter. West Paces Advisors Inc. grew its holdings 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 worth $45,000 after acquiring an additional 202 shares during the last quarter. Finally, Hexagon Capital Partners LLC boosted 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 worth $47,000 after buying an additional 202 shares during the period. 90.05% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Johnson Controls International

In other news, COO Nathan D. Manning sold 1,167 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $70.71, for a total transaction of $82,518.57. Following the sale, the chief operating officer now owns 103,866 shares in the company, valued at $7,344,364.86. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders sold 2,892 shares of company stock worth $197,011. 0.69% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on JCI shares. Robert W. Baird upped their price objective 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 raised their target price 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. StockNews.com raised Johnson Controls International from a “hold” rating to a “buy” rating in a research report on Friday, August 2nd. UBS Group cut Johnson Controls International from a “buy” rating to a “neutral” rating and cut their price target for the company from $74.00 to $68.00 in a report on Monday, May 6th. Finally, Royal Bank of Canada lifted their price target on shares of Johnson Controls International from $54.00 to $61.00 and gave the stock an “underperform” rating in a research note on Thursday, August 1st. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Johnson Controls International presently has an average rating of “Hold” and a consensus target price of $67.69.

Johnson Controls International Price Performance

Shares of NYSE:JCI traded up $1.26 on Tuesday, hitting $67.82. The stock had a trading volume of 3,693,344 shares, compared to its average volume of 5,398,706. The firm’s 50 day moving average price is $68.53 and its 200-day moving average price is $65.04. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.73 and a current ratio of 0.96. Johnson Controls International plc has a twelve month low of $47.90 and a twelve month high of $75.36. The company has a market capitalization of $45.30 billion, a price-to-earnings ratio of 27.46, a price-to-earnings-growth ratio of 1.83 and a beta of 1.28.

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

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 19th. Investors of record on Monday, June 24th were issued a dividend of $0.37 per share. The ex-dividend date was Monday, June 24th. This represents a $1.48 dividend on an annualized basis and a yield of 2.18%. Johnson Controls International’s dividend payout ratio is 59.92%.

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.