Johnson Controls International plc (NYSE:JCI) Shares Sold by Point72 Asset Management L.P.

Point72 Asset Management L.P. trimmed its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 58.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 513,449 shares of the company's stock after selling 727,838 shares during the quarter. Point72 Asset Management L.P. owned 0.08% of Johnson Controls International worth $40,527,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Compass Financial Services Inc purchased a new position in shares of Johnson Controls International during the 4th quarter worth about $26,000. SBI Securities Co. Ltd. bought a new stake in Johnson Controls International in the fourth quarter worth about $29,000. Synergy Asset Management LLC purchased a new position in shares of Johnson Controls International during the fourth quarter valued at approximately $42,000. Crowley Wealth Management Inc. purchased a new position in shares of Johnson Controls International during the fourth quarter valued at approximately $42,000. Finally, Gables Capital Management Inc. grew its stake in shares of Johnson Controls International by 132.0% during the fourth 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. Institutional investors own 90.05% of the company's stock.

Insiders Place Their Bets

In other Johnson Controls International news, CFO Marc Vandiepenbeeck sold 28,289 shares of Johnson Controls International stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $90.92, for a total value of $2,572,035.88. Following the transaction, the chief financial officer now directly 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director George Oliver sold 15,669 shares of the company's stock in a transaction on Friday, March 14th. The stock was sold at an average price of $77.49, for a total value of $1,214,190.81. Following the transaction, the director now directly owns 1,003,893 shares in the company, valued at approximately $77,791,668.57. The trade was a 1.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 460,396 shares of company stock worth $38,645,569. 0.54% of the stock is owned by corporate insiders.

Johnson Controls International Stock Down 0.1%

Shares of NYSE JCI traded down $0.14 during midday trading on Monday, reaching $97.79. 3,201,333 shares of the company's stock traded hands, compared to its average volume of 4,365,465. The company has a market cap of $64.35 billion, a price-to-earnings ratio of 37.32, a P/E/G ratio of 1.96 and a beta of 1.28. The stock's 50 day simple moving average is $82.31 and its 200-day simple moving average is $82.33. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a one year low of $64.31 and a one year high of $98.32.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $0.82 earnings per share (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 analysts' expectations of $5.64 billion. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. The business's revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.78 EPS. On average, analysts predict that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders 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 annualized dividend and a yield of 1.51%. Johnson Controls International's dividend payout ratio (DPR) is presently 39.47%.

Analyst Ratings Changes

A number of brokerages recently issued reports on JCI. Royal Bank of Canada raised 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. Melius Research reiterated a "hold" rating and issued a $95.00 target price on shares of Johnson Controls International in a research note on Tuesday, January 28th. Citigroup lowered their target price on shares of Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating for the company in a research note on Monday, April 14th. Wells Fargo & Company upped their price target on shares of Johnson Controls International from $82.00 to $100.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Finally, Oppenheimer raised 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 note on Thursday, May 8th. Eight 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 presently has an average rating of "Moderate Buy" and an average target price of $95.35.

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.