2,909 Shares in Johnson Controls International plc (NYSE:JCI) Acquired by Richmond Investment Services LLC

Richmond Investment Services LLC bought a new stake in Johnson Controls International plc (NYSE:JCI - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,909 shares of the company's stock, valued at approximately $230,000.

Several other hedge funds have also made changes to their positions in the stock. Public Employees Retirement System of Ohio bought a new stake in shares of Johnson Controls International in the fourth quarter valued at about $22,795,000. Vise Technologies Inc. raised its position in Johnson Controls International by 91.7% in the fourth quarter. Vise Technologies Inc. now owns 14,915 shares of the company's stock worth $1,177,000 after purchasing an additional 7,136 shares in the last quarter. Cornerstone Advisory LLC acquired a new position in Johnson Controls International in the fourth quarter worth about $246,000. Novem Group acquired a new position in Johnson Controls International in the fourth quarter worth about $3,271,000. Finally, PharVision Advisers LLC acquired a new position in Johnson Controls International in the fourth quarter worth about $279,000. Institutional investors own 90.05% of the company's stock.

Insider Transactions at Johnson Controls International

In other news, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $79.72, for a total value of $113,361.84. Following the completion of the sale, the vice president now directly owns 145,502 shares in the company, valued at approximately $11,599,419.44. The trade was a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Marc Vandiepenbeeck sold 28,289 shares of the company's stock in a transaction on Thursday, May 8th. The stock was sold at an average price of $90.92, for a total transaction of $2,572,035.88. Following the transaction, the chief financial officer now owns 147,673 shares of the company's stock, valued at $13,426,429.16. This trade represents a 16.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 331,133 shares of company stock worth $27,845,646 over the last quarter. Company insiders own 0.54% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. 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. Melius lowered shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price target for the company. in a research report on Tuesday, January 28th. UBS Group reissued a "buy" rating and issued a $116.00 price target (up previously from $103.00) on shares of Johnson Controls International in a research report on Thursday, May 22nd. Robert W. Baird increased their price target on shares of Johnson Controls International from $84.00 to $90.00 and gave the stock a "neutral" rating in a research report on Thursday, May 8th. Finally, Oppenheimer increased 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. Eight equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, Johnson Controls International presently has a consensus rating of "Moderate Buy" and a consensus price target of $96.12.

Johnson Controls International Trading Up 3.1%

Shares of NYSE JCI traded up $3.03 during midday trading on Tuesday, reaching $101.02. 5,541,896 shares of the stock were exchanged, compared to its average volume of 4,286,549. The business has a 50-day simple moving average of $84.40 and a two-hundred day simple moving average of $83.12. The company has a market capitalization of $66.48 billion, a price-to-earnings ratio of 38.56, a P/E/G ratio of 1.96 and a beta of 1.28. Johnson Controls International plc has a 12 month low of $64.31 and a 12 month high of $101.08. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued 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 business had revenue of $5.68 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same period last year, the business posted $0.78 earnings per share. The firm's quarterly revenue was up 1.4% on a year-over-year basis. As a group, equities research analysts expect that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date of this dividend was Monday, March 24th. Johnson Controls International's dividend payout ratio is presently 39.47%.

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.