apricus wealth LLC Invests $218,000 in Johnson Controls International plc (NYSE:JCI)

apricus wealth LLC purchased a new stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 2,727 shares of the company's stock, valued at approximately $218,000.

Several other institutional investors have also added to or reduced their stakes in the company. SBI Securities Co. Ltd. purchased a new stake in shares of Johnson Controls International in the 4th quarter worth about $29,000. Crowley Wealth Management Inc. purchased a new stake in shares of Johnson Controls International in the 4th quarter worth about $42,000. Gables Capital Management Inc. lifted its position in shares of Johnson Controls International by 132.0% in the 4th quarter. Gables Capital Management Inc. now owns 580 shares of the company's stock worth $46,000 after purchasing an additional 330 shares during the period. Heck Capital Advisors LLC purchased a new stake in shares of Johnson Controls International in the 4th quarter worth about $48,000. Finally, Flagship Wealth Advisors LLC purchased a new stake in shares of Johnson Controls International in the 4th quarter worth about $48,000. Hedge funds and other institutional investors own 90.05% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. JPMorgan Chase & Co. lifted their price target on shares of Johnson Controls International from $81.00 to $98.00 and gave the company an "overweight" rating in a research report on Friday, May 16th. Oppenheimer lifted their price target on shares of Johnson Controls International from $90.00 to $96.00 and gave the stock an "outperform" rating in a research note on Thursday, May 8th. Morgan Stanley raised their price objective on shares of Johnson Controls International from $105.00 to $115.00 and gave the stock an "overweight" rating in a report on Friday, May 9th. Robert W. Baird lifted their price target on shares of Johnson Controls International from $84.00 to $90.00 and gave the company a "neutral" rating in a report on Thursday, May 8th. Finally, Barclays boosted their target price 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, May 14th. Eight investment 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, Johnson Controls International currently has a consensus rating of "Moderate Buy" and an average target price of $97.88.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, VP Anuruddha Rathninde sold 15,000 shares of the company's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $103.13, for a total value of $1,546,950.00. Following the sale, the vice president now owns 42,574 shares in the company, valued at approximately $4,390,656.62. The trade was a 26.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $86.91, for a total value of $123,586.02. Following the completion of the transaction, the vice president now owns 144,704 shares in the company, valued at approximately $12,576,224.64. The trade was a 0.97% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 147,555 shares of company stock valued at $13,669,414 over the last 90 days. 0.54% of the stock is owned by company insiders.

Johnson Controls International Stock Performance

Shares of NYSE JCI traded down $1.80 during midday trading on Friday, reaching $101.80. 5,424,562 shares of the company traded hands, compared to its average volume of 4,300,896. Johnson Controls International plc has a 52 week low of $64.31 and a 52 week high of $104.15. The stock has a 50-day moving average price of $90.70 and a 200 day moving average price of $84.86. 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 company has a market cap of $66.99 billion, a price-to-earnings ratio of 38.86, a PEG ratio of 1.96 and a beta of 1.33.

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

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 18th. Shareholders of record on Monday, June 23rd will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Monday, June 23rd. Johnson Controls International's dividend payout ratio (DPR) is currently 39.47%.

Johnson Controls International announced that its Board of Directors has approved a stock repurchase program on Friday, June 13th that authorizes the company to repurchase $9.00 billion in shares. This repurchase authorization authorizes the company to purchase up to 13.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

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.