Curat Global LLC Acquires New Holdings in Johnson Controls International plc (NYSE:JCI)

Curat Global LLC acquired a new stake in Johnson Controls International plc (NYSE:JCI - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 14,945 shares of the company's stock, valued at approximately $1,197,000. Johnson Controls International makes up approximately 1.4% of Curat Global LLC's portfolio, making the stock its 12th biggest position.

Several other large investors also recently bought and sold shares of JCI. Compass Financial Services Inc acquired a new stake in Johnson Controls International in the fourth quarter valued at approximately $26,000. SBI Securities Co. Ltd. acquired a new stake in Johnson Controls International in the fourth quarter valued at approximately $29,000. Crowley Wealth Management Inc. acquired a new stake in Johnson Controls International in the fourth quarter valued at approximately $42,000. Gables Capital Management Inc. grew its position in Johnson Controls International by 132.0% in the fourth quarter. Gables Capital Management Inc. now owns 580 shares of the company's stock valued at $46,000 after acquiring an additional 330 shares in the last quarter. Finally, Flagship Wealth Advisors LLC acquired a new stake in Johnson Controls International in the fourth quarter valued at approximately $48,000. Institutional investors and hedge funds own 90.05% of the company's stock.

Insider Activity

In other news, VP Anuruddha Rathninde sold 15,000 shares of the business's stock in a transaction on Friday, June 6th. The shares were sold at an average price of $103.13, for a total transaction of $1,546,950.00. Following the completion of the transaction, the vice president now owns 42,574 shares of the company's stock, valued at approximately $4,390,656.62. The trade was a 26.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director George Oliver sold 184,331 shares of the business's stock in a transaction 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 transaction, the director now directly owns 1,019,562 shares of the company's stock, valued at approximately $81,044,983.38. This trade represents a 15.31% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 347,555 shares of company stock valued at $29,536,076. 0.54% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Oppenheimer raised 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 report on Thursday, May 8th. Deutsche Bank Aktiengesellschaft raised shares of Johnson Controls International from a "hold" rating to a "buy" rating and raised their price target for the stock from $101.00 to $112.00 in a research report on Monday, May 12th. Wells Fargo & Company raised their price target on shares of Johnson Controls International from $100.00 to $130.00 and gave the stock an "overweight" rating in a research report on Wednesday. Citigroup decreased their price target on shares of 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. Finally, Vertical Research raised shares of Johnson Controls International from a "hold" rating to a "buy" rating and set a $105.00 price target for the company in a research report on Thursday, May 8th. Eight investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $97.88.

Johnson Controls International Stock Performance

Johnson Controls International stock traded up $1.49 during mid-day trading on Friday, reaching $103.81. The company's stock had a trading volume of 3,687,432 shares, compared to its average volume of 4,281,912. The firm has a market cap of $68.31 billion, a price-to-earnings ratio of 39.62, a PEG ratio of 1.96 and a beta of 1.33. The business has a 50 day moving average price of $87.45 and a 200-day moving average price of $84.06. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a twelve month low of $64.31 and a twelve month high of $104.85.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.77 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. 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 company posted $0.78 earnings per share. The firm's revenue was up 1.4% on a year-over-year basis. Sell-side analysts predict that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently declared 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. This represents a $1.48 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend was Monday, March 24th. Johnson Controls International's dividend payout ratio (DPR) 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.