Vise Technologies Inc. Boosts Position in Johnson Controls International plc (NYSE:JCI)

Vise Technologies Inc. increased its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 91.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,915 shares of the company's stock after buying an additional 7,136 shares during the quarter. Vise Technologies Inc.'s holdings in Johnson Controls International were worth $1,177,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of JCI. Compass Financial Services Inc acquired a new position in shares of Johnson Controls International in the fourth quarter worth about $26,000. SBI Securities Co. Ltd. purchased a new position in shares of Johnson Controls International in the 4th quarter valued at about $29,000. Crowley Wealth Management Inc. acquired a new position in Johnson Controls International in the 4th quarter worth about $42,000. Synergy Asset Management LLC acquired a new position in Johnson Controls International in the 4th quarter worth about $42,000. Finally, Gables Capital Management Inc. boosted its position in 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 in the last quarter. Institutional investors and hedge funds own 90.05% of the company's stock.

Insiders Place Their Bets

In other news, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $79.72, for a total transaction of $113,361.84. Following the completion of the transaction, the vice president now directly owns 145,502 shares of the company's stock, valued at approximately $11,599,419.44. This represents a 0.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director George Oliver sold 100,000 shares of the stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of $91.70, for a total value of $9,170,000.00. Following the transaction, the director now directly owns 904,305 shares of the company's stock, valued at approximately $82,924,768.50. This trade represents a 9.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 331,133 shares of company stock valued at $27,845,646 over the last quarter. Company insiders own 0.54% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on JCI. Melius lowered Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price objective on the stock. in a report on Tuesday, January 28th. Citigroup decreased their price objective 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. Morgan Stanley raised their target price on Johnson Controls International from $105.00 to $115.00 and gave the stock an "overweight" rating in a research note on Friday, May 9th. Deutsche Bank Aktiengesellschaft raised 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 research note on Monday, May 12th. Finally, Oppenheimer raised their price objective on 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 assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $96.12.

Johnson Controls International Trading Up 3.1%

Johnson Controls International stock traded up $3.03 during midday trading on Tuesday, reaching $101.02. 5,541,896 shares of the stock traded hands, compared to its average volume of 4,286,549. The company 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 current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. The firm has a market cap of $66.48 billion, a PE ratio of 38.56, a price-to-earnings-growth 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.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the previous year, the firm earned $0.78 EPS. The company's revenue was up 1.4% compared to the same quarter last year. Research analysts expect that Johnson Controls International plc will post 3.64 earnings per share 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. Shareholders of record on Monday, March 24th were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.47%. 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.