Johnson Controls International plc (NYSE:JCI) Shares Purchased by Ethic Inc.

Ethic Inc. increased its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 10.6% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 108,175 shares of the company's stock after buying an additional 10,379 shares during the quarter. Ethic Inc.'s holdings in Johnson Controls International were worth $8,538,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the stock. Compass Financial Services Inc purchased a new position in shares of Johnson Controls International in the fourth quarter valued at about $26,000. SBI Securities Co. Ltd. bought a new position in Johnson Controls International in the 4th quarter worth approximately $29,000. Crowley Wealth Management Inc. purchased a new stake in Johnson Controls International during the 4th quarter valued at approximately $42,000. Synergy Asset Management LLC bought a new stake in shares of Johnson Controls International during the fourth quarter valued at approximately $42,000. Finally, ST Germain D J Co. Inc. raised its position in shares of Johnson Controls International by 32.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock valued at $43,000 after buying an additional 134 shares during the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

Johnson Controls International Stock Performance

Johnson Controls International stock traded up $0.82 during trading hours on Tuesday, hitting $96.10. 4,950,700 shares of the stock traded hands, compared to its average volume of 4,391,285. Johnson Controls International plc has a 1 year low of $64.31 and a 1 year high of $97.50. The stock has a market capitalization of $63.24 billion, a price-to-earnings ratio of 36.68, a P/E/G ratio of 1.96 and a beta of 1.28. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. The firm's 50 day moving average price is $80.89 and its 200-day moving average price is $81.77.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.77 by $0.05. The company had revenue of $5.68 billion during the quarter, compared to analyst estimates of $5.64 billion. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. Johnson Controls International's revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period last year, the firm posted $0.78 EPS. As a group, equities analysts expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 24th were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, March 24th. This represents a $1.48 annualized dividend and a yield of 1.54%. Johnson Controls International's dividend payout ratio is presently 39.47%.

Insider Buying and Selling at Johnson Controls International

In other news, Director George Oliver sold 184,331 shares of the business's stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $79.49, for a total transaction of $14,652,471.19. Following the completion of the sale, the director now owns 1,019,562 shares in the company, valued at approximately $81,044,983.38. The trade was a 15.31% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $79.72, for a total value of $113,361.84. Following the sale, the vice president now owns 145,502 shares in the company, valued at $11,599,419.44. This trade represents a 0.97% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 623,290 shares of company stock valued at $53,188,746. Corporate insiders own 0.54% of the company's stock.

Analyst Upgrades and Downgrades

JCI has been the subject of several research reports. Morgan Stanley increased their price objective on shares of Johnson Controls International from $105.00 to $115.00 and gave the company an "overweight" rating in a report on Friday. Citigroup lowered their target price on Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. Barclays cut their target price on Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating on the stock in a research report on Monday, March 10th. UBS Group raised shares of Johnson Controls International from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $90.00 to $103.00 in a research note on Monday, February 10th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Johnson Controls International from a "hold" rating to a "buy" rating and increased their target price for the company from $101.00 to $112.00 in a research note on Monday. Eight analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $94.06.

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.