Siemens Fonds Invest GmbH Grows Position in Johnson Controls International plc (NYSE:JCI)

Siemens Fonds Invest GmbH increased its stake in Johnson Controls International plc (NYSE:JCI - Free Report) by 610.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 52,263 shares of the company's stock after acquiring an additional 44,909 shares during the quarter. Siemens Fonds Invest GmbH's holdings in Johnson Controls International were worth $4,125,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Gilbert & Cook Inc. increased its holdings in Johnson Controls International by 2.0% in the 4th quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company's stock worth $510,000 after acquiring an additional 127 shares in the last quarter. Jackson Hole Capital Partners LLC boosted its stake in Johnson Controls International by 0.7% during the 4th quarter. Jackson Hole Capital Partners LLC now owns 18,621 shares of the company's stock worth $1,470,000 after purchasing an additional 127 shares during the last quarter. Catalyst Financial Partners LLC boosted its stake in Johnson Controls International by 4.8% during the 4th quarter. Catalyst Financial Partners LLC now owns 3,154 shares of the company's stock worth $249,000 after purchasing an additional 144 shares during the last quarter. Avidian Wealth Enterprises LLC boosted its stake in Johnson Controls International by 4.6% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 3,427 shares of the company's stock worth $270,000 after purchasing an additional 150 shares during the last quarter. Finally, Kestra Investment Management LLC boosted its stake in Johnson Controls International by 2.4% during the 4th quarter. Kestra Investment Management LLC now owns 6,439 shares of the company's stock worth $508,000 after purchasing an additional 151 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company's stock.

Johnson Controls International Trading Down 0.9%

NYSE JCI traded down $0.97 during trading hours on Friday, reaching $101.17. The company had a trading volume of 6,829,364 shares, compared to its average volume of 4,291,993. The stock has a 50-day moving average of $85.82 and a 200 day moving average of $83.59. Johnson Controls International plc has a 1-year low of $64.31 and a 1-year high of $102.36. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $66.57 billion, a P/E ratio of 38.61, a price-to-earnings-growth ratio of 1.96 and a beta of 1.28.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported $0.82 EPS for the quarter, beating 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 company had revenue of $5.68 billion for the quarter, compared to analysts' expectations of $5.64 billion. During the same quarter in the prior year, the company posted $0.78 earnings per share. Johnson Controls International's revenue for the quarter was up 1.4% compared to the same quarter last year. As a group, research analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 24th were given a $0.37 dividend. The ex-dividend date of this dividend was Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a yield of 1.46%. Johnson Controls International's payout ratio is currently 39.47%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Barclays lifted their target price on shares of Johnson Controls International from $85.00 to $90.00 and gave the stock an "equal weight" rating in a research note on Wednesday, May 14th. Robert W. Baird lifted their target price on shares of Johnson Controls International from $84.00 to $90.00 and gave the stock a "neutral" rating in a research note on Thursday, May 8th. UBS Group reaffirmed a "buy" rating and set a $116.00 target price (up previously from $103.00) on shares of Johnson Controls International in a research note on Thursday, May 22nd. Wells Fargo & Company lifted their target price on shares of Johnson Controls International from $82.00 to $100.00 and gave the stock an "overweight" rating in a research note on Thursday, May 8th. Finally, Citigroup lowered their price target on shares of Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating on the stock in a research report on Monday, April 14th. Eight analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $96.12.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, Director George Oliver sold 100,000 shares of the business's stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $91.70, for a total transaction of $9,170,000.00. Following the sale, the director now directly owns 904,305 shares in the company, valued at $82,924,768.50. This represents a 9.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Marc Vandiepenbeeck sold 28,289 shares of the business's stock in a transaction dated 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 sale, the chief financial officer now owns 147,673 shares in the company, 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 have sold 331,133 shares of company stock valued at $27,845,646 over the last 90 days. 0.54% of the stock is owned by insiders.

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.