3,060 Shares in Johnson Controls International plc (NYSE:JCI) Acquired by Crestwood Advisors Group LLC

Crestwood Advisors Group LLC purchased a new position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,060 shares of the company's stock, valued at approximately $245,000.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC purchased a new stake in Johnson Controls International during the 4th quarter worth about $222,000. Bank Pictet & Cie Europe AG grew its position in Johnson Controls International by 67.4% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 88,569 shares of the company's stock worth $6,991,000 after purchasing an additional 35,655 shares during the last quarter. Teacher Retirement System of Texas increased its stake in shares of Johnson Controls International by 773.5% during the fourth quarter. Teacher Retirement System of Texas now owns 39,403 shares of the company's stock valued at $3,110,000 after acquiring an additional 34,892 shares during the period. LPL Financial LLC raised its holdings in shares of Johnson Controls International by 30.8% in the 4th quarter. LPL Financial LLC now owns 603,057 shares of the company's stock worth $47,599,000 after purchasing an additional 141,880 shares in the last quarter. Finally, TIAA Trust National Association grew its holdings in shares of Johnson Controls International by 5.8% in the 4th quarter. TIAA Trust National Association now owns 11,224 shares of the company's stock worth $886,000 after acquiring an additional 613 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company's stock.

Insider Buying and Selling

In related news, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $104.82, for a total transaction of $149,054.04. Following the transaction, the vice president directly owned 141,860 shares of the company's stock, valued at $14,869,765.20. This trade represents a 0.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director George Oliver sold 100,000 shares of Johnson Controls International stock in a transaction dated Friday, May 9th. The shares were 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 owned 904,305 shares in the company, valued at $82,924,768.50. This trade represents a 9.96% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 147,555 shares of company stock valued at $13,705,106 in the last three months. Corporate insiders own 0.54% of the company's stock.

Johnson Controls International Stock Performance

Johnson Controls International stock traded up $1.83 during midday trading on Friday, reaching $111.85. 4,130,778 shares of the company traded hands, compared to its average volume of 3,956,660. The firm has a market capitalization of $73.60 billion, a price-to-earnings ratio of 29.83, a price-to-earnings-growth ratio of 2.05 and a beta of 1.31. Johnson Controls International plc has a 12 month low of $64.31 and a 12 month high of $112.00. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.96 and a quick ratio of 0.81. The business has a 50 day moving average of $103.98 and a two-hundred day moving average of $90.00.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.77 by $0.05. Johnson Controls International had a net margin of 10.19% and a return on equity of 15.13%. The firm 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 firm posted $0.78 EPS. The company's revenue for the quarter was up 1.4% compared to the same quarter last year. As a group, research analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current year.

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

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 18th. Investors of record on Monday, June 23rd were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date was Monday, June 23rd. Johnson Controls International's payout ratio is 39.47%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. The Goldman Sachs Group raised their price target on Johnson Controls International from $103.00 to $116.00 and gave the stock a "buy" rating in a research note on Tuesday, July 8th. Royal Bank Of Canada upped their target price 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. Barclays raised their target price on shares of Johnson Controls International from $90.00 to $100.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 9th. Deutsche Bank Aktiengesellschaft upgraded Johnson Controls International from a "hold" rating to a "buy" rating and boosted their price target for the company from $101.00 to $112.00 in a report on Monday, May 12th. Finally, Oppenheimer downgraded shares of Johnson Controls International from an "outperform" rating to a "market perform" rating in a research note on Friday, June 20th. Ten research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Johnson Controls International has a consensus rating of "Hold" and an average price target of $104.11.

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.