Greenleaf Trust Has $1.88 Million Holdings in Johnson Controls International plc (NYSE:JCI)

Greenleaf Trust lessened its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 14.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,498 shares of the company's stock after selling 3,969 shares during the period. Greenleaf Trust's holdings in Johnson Controls International were worth $1,882,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of JCI. G&S Capital LLC lifted its stake in Johnson Controls International by 81.4% in the first quarter. G&S Capital LLC now owns 30,342 shares of the company's stock valued at $2,431,000 after buying an additional 13,612 shares during the last quarter. GAMMA Investing LLC lifted its stake in Johnson Controls International by 27.8% in the first quarter. GAMMA Investing LLC now owns 14,720 shares of the company's stock valued at $1,179,000 after buying an additional 3,201 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in Johnson Controls International by 2,213.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 709,431 shares of the company's stock valued at $57,748,000 after buying an additional 678,766 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its stake in Johnson Controls International by 9.0% in the first quarter. Wealthcare Advisory Partners LLC now owns 3,982 shares of the company's stock valued at $319,000 after buying an additional 328 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC lifted its stake in Johnson Controls International by 22.4% in the first quarter. Dynamic Advisor Solutions LLC now owns 5,987 shares of the company's stock valued at $480,000 after buying an additional 1,096 shares during the last quarter. Institutional investors own 90.05% of the company's stock.

Johnson Controls International Stock Down 0.2%

NYSE JCI traded down $0.17 during trading on Thursday, reaching $106.33. 4,247,347 shares of the company's stock were exchanged, compared to its average volume of 4,340,041. Johnson Controls International plc has a fifty-two week low of $64.31 and a fifty-two week high of $107.18. The firm has a market capitalization of $69.97 billion, a PE ratio of 28.35, a P/E/G ratio of 1.93 and a beta of 1.31. The company has a current ratio of 0.96, a quick ratio of 0.81 and a debt-to-equity ratio of 0.48. The company's fifty day simple moving average is $100.20 and its 200-day simple moving average is $87.58.

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, topping analysts' consensus estimates of $0.77 by $0.05. Johnson Controls International had a return on equity of 15.13% and a net margin of 10.19%. The firm had revenue of $5.68 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same period last year, the company posted $0.78 EPS. The business's quarterly revenue was up 1.4% compared to the same quarter last year. Sell-side analysts predict that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International declared that its Board of Directors has authorized a share buyback plan on Friday, June 13th that authorizes the company to repurchase $9.00 billion in outstanding shares. This repurchase authorization authorizes the company to purchase up to 13.4% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board believes its shares are undervalued.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 18th. Stockholders of record on Monday, June 23rd will be issued a dividend of $0.37 per share. The ex-dividend date is Monday, June 23rd. This represents a $1.48 annualized dividend and a dividend yield of 1.39%. Johnson Controls International's dividend payout ratio is 39.47%.

Insider Transactions at Johnson Controls International

In other news, VP Anuruddha Rathninde sold 15,000 shares of Johnson Controls International stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $103.13, for a total transaction of $1,546,950.00. Following the completion of the sale, the vice president directly owned 42,574 shares in the company, valued at $4,390,656.62. The trade was a 26.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Marc Vandiepenbeeck sold 28,289 shares of the firm's stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $90.92, for a total value of $2,572,035.88. Following the completion of the transaction, the chief financial officer directly owned 147,673 shares in the company, valued at $13,426,429.16. The trade was a 16.08% decrease in their ownership of the stock. 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 quarter. Corporate insiders own 0.54% of the company's stock.

Analyst Ratings Changes

JCI has been the topic of a number of research analyst reports. Wells Fargo & Company raised their price target on Johnson Controls International from $100.00 to $130.00 and gave the company an "overweight" rating in a report on Wednesday, June 4th. The Goldman Sachs Group raised their price target on Johnson Controls International from $103.00 to $116.00 and gave the company a "buy" rating in a report on Tuesday. Citigroup lowered their price target on Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating on the stock in a report on Monday, April 14th. Oppenheimer lowered Johnson Controls International from an "outperform" rating to a "market perform" rating in a report on Friday, June 20th. Finally, UBS Group reissued a "buy" rating and set a $116.00 price target (up from $103.00) on shares of Johnson Controls International in a report on Thursday, May 22nd. Nine investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat.com, Johnson Controls International has a consensus rating of "Moderate Buy" and a consensus target price of $100.53.

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.