Wealth Enhancement Advisory Services LLC Buys 3,547 Shares of Johnson Controls International plc (NYSE:JCI)

Wealth Enhancement Advisory Services LLC increased its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 6.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,772 shares of the company's stock after purchasing an additional 3,547 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Johnson Controls International were worth $4,481,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in JCI. Compass Financial Services Inc bought a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $26,000. SBI Securities Co. Ltd. acquired a new stake in shares of Johnson Controls International during the fourth quarter worth approximately $29,000. Crowley Wealth Management Inc. purchased a new position in shares of Johnson Controls International during the 4th quarter valued at $42,000. Gables Capital Management Inc. lifted its holdings in shares of Johnson Controls International by 132.0% during the 4th quarter. Gables Capital Management Inc. now owns 580 shares of the company's stock valued at $46,000 after buying an additional 330 shares during the last quarter. Finally, Heck Capital Advisors LLC acquired a new position in shares of Johnson Controls International during the 4th quarter worth $48,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Johnson Controls International

In other news, 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 completion of the sale, the director now owns 904,305 shares of the company's stock, valued at approximately $82,924,768.50. This represents a 9.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of the company's stock in a transaction 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 sale, the vice president now directly owns 145,502 shares in the company, valued at $11,599,419.44. This trade represents a 0.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 332,555 shares of company stock valued at $27,989,126 over the last 90 days. 0.54% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

JCI has been the subject of several recent analyst reports. Royal Bank of Canada upped their price target on Johnson Controls International from $82.00 to $98.00 and gave the stock a "sector perform" rating in a research note on Thursday, May 8th. Barclays upped 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. Robert W. Baird raised their price target on Johnson Controls International from $84.00 to $90.00 and gave the company a "neutral" rating in a research report on Thursday, May 8th. JPMorgan Chase & Co. upped their price target on Johnson Controls International from $81.00 to $98.00 and gave the stock an "overweight" rating in a report on Friday, May 16th. Finally, UBS Group restated a "buy" rating and set a $116.00 price target (up from $103.00) on shares of Johnson Controls International in a research note on Thursday, May 22nd. Eight equities research analysts have rated the stock with a hold rating and ten have issued 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 price target of $97.88.

Johnson Controls International Trading Down 0.1%

JCI stock traded down $0.07 during midday trading on Thursday, reaching $102.27. The stock had a trading volume of 3,363,267 shares, compared to its average volume of 4,277,262. The firm has a market cap of $67.30 billion, a price-to-earnings ratio of 39.03, a PEG ratio of 1.96 and a beta of 1.28. Johnson Controls International plc has a twelve month low of $64.31 and a twelve month high of $106.00. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The business has a fifty day simple moving average of $87.01 and a two-hundred day simple moving average of $83.93.

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. 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 during the quarter, compared to analysts' expectations of $5.64 billion. During the same quarter in the previous year, the company earned $0.78 EPS. Johnson Controls International's revenue was up 1.4% on a year-over-year basis. As a group, research analysts expect that Johnson Controls International plc will post 3.64 EPS 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. Stockholders of record on Monday, March 24th were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.45%. The ex-dividend date 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.