Vise Technologies Inc. Grows Stock Holdings in Johnson Controls International plc (NYSE:JCI)

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

Several other institutional investors have also recently made changes to their positions in JCI. Cornerstone Advisory LLC purchased a new position in Johnson Controls International during the fourth quarter worth about $246,000. Novem Group purchased a new position in shares of Johnson Controls International during the fourth quarter worth about $3,271,000. PharVision Advisers LLC purchased a new position in shares of Johnson Controls International during the fourth quarter worth about $279,000. White Knight Strategic Wealth Advisors LLC increased its position in shares of Johnson Controls International by 100.0% in the fourth quarter. White Knight Strategic Wealth Advisors LLC now owns 7,980 shares of the company's stock worth $630,000 after purchasing an additional 3,990 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Johnson Controls International by 14.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,168,593 shares of the company's stock valued at $486,887,000 after purchasing an additional 777,031 shares in the last quarter. Institutional investors own 90.05% of the company's stock.

Johnson Controls International Stock Up 0.3%

JCI stock traded up $0.30 during trading on Wednesday, hitting $101.32. 5,431,775 shares of the stock traded hands, compared to its average volume of 4,291,115. The stock has a market cap of $66.67 billion, a price-to-earnings ratio of 38.67, a price-to-earnings-growth ratio of 1.96 and a beta of 1.28. 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 plc has a 1 year low of $64.31 and a 1 year high of $101.53. The firm's 50 day moving average is $84.76 and its two-hundred day moving average is $83.25.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.77 by $0.05. The business had revenue of $5.68 billion for the quarter, compared to the consensus estimate of $5.64 billion. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. The company's revenue was up 1.4% compared to the same quarter last year. During the same period last year, the business posted $0.78 EPS. On average, sell-side analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Announces Dividend

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

Insiders Place Their Bets

In related news, Director George Oliver sold 100,000 shares of the firm's stock in a transaction 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Marc Vandiepenbeeck sold 28,289 shares of the company's stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $90.92, for a total value of $2,572,035.88. Following the completion of the sale, the chief financial officer now owns 147,673 shares of the company's stock, valued at approximately $13,426,429.16. The trade was a 16.08% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 331,133 shares of company stock valued at $27,845,646. Company insiders own 0.54% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Melius Research reaffirmed a "hold" rating and set a $95.00 price objective on shares of Johnson Controls International in a report on Tuesday, January 28th. Vertical Research raised Johnson Controls International from a "hold" rating to a "buy" rating and set a $105.00 price target for the company in a research note on Thursday, May 8th. Citigroup reduced their price objective on 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. Royal Bank of Canada boosted their target price on Johnson Controls International from $82.00 to $98.00 and gave the stock a "sector perform" rating in a research report on Thursday, May 8th. Finally, Morgan Stanley upped 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. Eight investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $96.12.

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.