3,536 Shares in Johnson Controls International plc (NYSE:JCI) Bought by PharVision Advisers LLC

PharVision Advisers LLC bought a new stake in Johnson Controls International plc (NYSE:JCI - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,536 shares of the company's stock, valued at approximately $279,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Certuity LLC purchased a new position in shares of Johnson Controls International in the 4th quarter valued at about $243,000. Seros Financial LLC acquired a new position in Johnson Controls International during the fourth quarter worth about $561,000. Harrell Investment Partners LLC increased its holdings in Johnson Controls International by 10.3% in the fourth quarter. Harrell Investment Partners LLC now owns 46,107 shares of the company's stock valued at $3,639,000 after buying an additional 4,301 shares in the last quarter. Perigon Wealth Management LLC lifted its position in shares of Johnson Controls International by 419.7% during the 4th quarter. Perigon Wealth Management LLC now owns 19,251 shares of the company's stock valued at $1,549,000 after acquiring an additional 15,547 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in shares of Johnson Controls International during the 4th quarter valued at approximately $1,402,000. Institutional investors and hedge funds own 90.05% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on JCI shares. Citigroup dropped their price objective on Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating for the company in a research note on Monday, April 14th. Oppenheimer raised their price target on Johnson Controls International from $90.00 to $96.00 and gave the company an "outperform" rating in a research report on Thursday, May 8th. Robert W. Baird boosted their price objective on shares of Johnson Controls International from $84.00 to $90.00 and gave the stock a "neutral" rating in a research report on Thursday, May 8th. Vertical Research raised shares of Johnson Controls International from a "hold" rating to a "buy" rating and set a $105.00 price objective on the stock in a research note on Thursday, May 8th. Finally, Morgan Stanley lifted their target price on shares of Johnson Controls International from $105.00 to $115.00 and gave the stock an "overweight" rating in a research report on Friday, May 9th. Eight equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Johnson Controls International presently has a consensus rating of "Moderate Buy" and an average price target of $95.35.

Johnson Controls International Trading Down 0.5%

Shares of JCI opened at $97.17 on Thursday. Johnson Controls International plc has a fifty-two week low of $64.31 and a fifty-two week high of $98.33. The company has a market capitalization of $63.94 billion, a PE ratio of 37.09, a price-to-earnings-growth ratio of 1.96 and a beta of 1.28. The stock has a fifty day moving average of $83.44 and a two-hundred day moving average of $82.69. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.82 EPS 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 business had revenue of $5.68 billion during the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the previous year, the business earned $0.78 earnings per share. The business's revenue for the quarter was up 1.4% on a year-over-year basis. As a group, analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 24th were issued 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 dividend yield of 1.52%. Johnson Controls International's payout ratio is currently 39.47%.

Insider Buying and Selling

In other news, CFO Marc Vandiepenbeeck sold 28,289 shares of the business's stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $90.92, for a total transaction of $2,572,035.88. Following the completion of the sale, the chief financial officer now directly owns 147,673 shares of the company's stock, valued at $13,426,429.16. The trade was a 16.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director George Oliver sold 100,000 shares of the stock in a transaction on Friday, May 9th. The stock was sold at an average price of $91.70, for a total value of $9,170,000.00. Following the completion of the transaction, the director now directly owns 904,305 shares in the company, valued at $82,924,768.50. This trade represents a 9.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 460,396 shares of company stock valued at $38,645,569. Insiders own 0.54% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.