Fiduciary Trust Co Has $1.30 Million Stock Position in Johnson Controls International plc (NYSE:JCI)

Fiduciary Trust Co trimmed its position in Johnson Controls International plc (NYSE:JCI - Free Report) by 19.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,418 shares of the company's stock after selling 4,049 shares during the quarter. Fiduciary Trust Co's holdings in Johnson Controls International were worth $1,296,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Park Avenue Securities LLC raised its stake in shares of Johnson Controls International by 101.5% in the 4th quarter. Park Avenue Securities LLC now owns 26,517 shares of the company's stock valued at $2,093,000 after acquiring an additional 13,360 shares during the period. Certuity LLC purchased a new position in Johnson Controls International in the 4th quarter worth approximately $243,000. BNC Wealth Management LLC purchased a new stake in shares of Johnson Controls International during the fourth quarter valued at approximately $2,093,000. Seros Financial LLC purchased a new position in shares of Johnson Controls International in the fourth quarter valued at $561,000. Finally, Czech National Bank grew its holdings in Johnson Controls International by 6.4% during the 4th quarter. Czech National Bank now owns 144,839 shares of the company's stock valued at $11,432,000 after purchasing an additional 8,758 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company's stock.

Insider Activity

In other Johnson Controls International news, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction on Thursday, May 1st. The stock was sold at an average price of $86.91, for a total transaction of $123,586.02. Following the completion of the transaction, the vice president now directly owns 144,704 shares of the company's stock, valued at approximately $12,576,224.64. This trade represents a 0.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director George Oliver sold 184,331 shares of Johnson Controls International stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $79.49, for a total value of $14,652,471.19. Following the transaction, the director now directly owns 1,019,562 shares of the company's stock, valued at approximately $81,044,983.38. The trade was a 15.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 623,290 shares of company stock valued at $53,188,746. 0.54% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Wells Fargo & Company lifted their target price on Johnson Controls International from $82.00 to $100.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Deutsche Bank Aktiengesellschaft upgraded shares of Johnson Controls International from a "hold" rating to a "buy" rating and upped their target price for the company from $101.00 to $112.00 in a research note on Monday. Vertical Research upgraded shares of Johnson Controls International from a "hold" rating to a "buy" rating and set a $105.00 price target on the stock in a research note on Thursday, May 8th. Royal Bank of Canada upped their price objective on shares of Johnson Controls International from $82.00 to $98.00 and gave the stock a "sector perform" rating in a report on Thursday, May 8th. Finally, Barclays upped their price objective on shares of Johnson Controls International from $85.00 to $90.00 and gave the stock an "equal weight" rating in a report on Wednesday. Eight investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, Johnson Controls International has an average rating of "Moderate Buy" and a consensus target price of $94.35.

Johnson Controls International Stock Up 0.3%

Shares of JCI traded up $0.26 during trading hours on Wednesday, reaching $96.32. The company's stock had a trading volume of 4,819,998 shares, compared to its average volume of 4,394,985. The firm has a market cap of $63.38 billion, a price-to-earnings ratio of 36.76, a P/E/G ratio of 1.96 and a beta of 1.28. Johnson Controls International plc has a 1-year low of $64.31 and a 1-year high of $97.11. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The company has a 50 day moving average of $81.19 and a two-hundred day moving average of $81.87.

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

Johnson Controls International Dividend Announcement

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

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.