Strategic Planning Group LLC Buys 3,711 Shares of Johnson Controls International plc (NYSE:JCI)

Strategic Planning Group LLC boosted its stake in Johnson Controls International plc (NYSE:JCI - Free Report) by 6.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,269 shares of the company's stock after buying an additional 3,711 shares during the quarter. Strategic Planning Group LLC's holdings in Johnson Controls International were worth $4,588,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Compass Financial Services Inc bought a new stake in Johnson Controls International during the 4th quarter worth approximately $26,000. SBI Securities Co. Ltd. bought a new position in shares of Johnson Controls International in the 4th quarter worth $29,000. Crowley Wealth Management Inc. bought a new position in shares of Johnson Controls International in the 4th quarter worth $42,000. Gables Capital Management Inc. grew its stake in shares of Johnson Controls International by 132.0% during the fourth 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. Finally, Flagship Wealth Advisors LLC bought a new stake in Johnson Controls International in the fourth quarter valued at about $48,000. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Stock Down 0.1%

Shares of NYSE:JCI traded down $0.07 during mid-day trading on Thursday, reaching $102.27. 3,363,267 shares of the stock were exchanged, compared to its average volume of 4,277,262. The stock's 50 day simple moving average is $87.01 and its 200-day simple moving average is $83.93. Johnson Controls International plc has a one year low of $64.31 and a one year high of $106.00. The company has a market cap of $67.30 billion, a P/E ratio of 39.03, a P/E/G ratio of 1.96 and a beta of 1.28. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50.

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

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 24th were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend was Monday, March 24th. Johnson Controls International's dividend payout ratio is currently 39.47%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft upgraded Johnson Controls International from a "hold" rating to a "buy" rating and raised their target price for the stock from $101.00 to $112.00 in a report on Monday, May 12th. 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. JPMorgan Chase & Co. upped their target price on shares of Johnson Controls International from $81.00 to $98.00 and gave the company an "overweight" rating in a research note on Friday, May 16th. Morgan Stanley lifted their price target 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. Finally, Barclays boosted their price target on shares of Johnson Controls International from $85.00 to $90.00 and gave the company an "equal weight" rating in a report on Wednesday, May 14th. Eight research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $97.88.

Insider Activity

In other Johnson Controls International news, CFO Marc Vandiepenbeeck sold 28,289 shares of Johnson Controls International 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 transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $100.90, for a total transaction of $143,479.80. Following the completion of the transaction, the vice president now directly owns 143,282 shares in the company, valued at approximately $14,457,153.80. This represents a 0.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 332,555 shares of company stock valued at $27,989,126 in the last quarter. Company insiders own 0.54% of the company's stock.

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.