Johnson Controls International plc (NYSE:JCI) Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP raised its stake in Johnson Controls International plc (NYSE:JCI - Free Report) by 122.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 82,649 shares of the company's stock after purchasing an additional 45,524 shares during the quarter. Quantinno Capital Management LP's holdings in Johnson Controls International were worth $6,524,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Johnson Controls International by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 68,156,110 shares of the company's stock valued at $5,379,562,000 after buying an additional 179,743 shares in the last quarter. Franklin Resources Inc. increased its position in Johnson Controls International by 6.0% during the 4th quarter. Franklin Resources Inc. now owns 23,344,374 shares of the company's stock worth $1,842,571,000 after purchasing an additional 1,325,500 shares in the last quarter. Invesco Ltd. lifted its stake in shares of Johnson Controls International by 13.2% in the 4th quarter. Invesco Ltd. now owns 18,407,597 shares of the company's stock valued at $1,452,912,000 after acquiring an additional 2,150,573 shares during the last quarter. Fisher Asset Management LLC increased its holdings in Johnson Controls International by 2.9% in the 4th quarter. Fisher Asset Management LLC now owns 15,743,019 shares of the company's stock worth $1,242,597,000 after purchasing an additional 447,513 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Johnson Controls International by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 13,818,777 shares of the company's stock valued at $1,087,670,000 after acquiring an additional 343,517 shares during the period. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Price Performance

JCI traded down $0.25 during trading on Tuesday, hitting $97.61. The company's stock had a trading volume of 3,542,305 shares, compared to its average volume of 4,326,892. 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 capitalization of $64.23 billion, a price-to-earnings ratio of 37.26, a P/E/G 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 $98.33. The business's fifty day simple moving average is $82.69 and its 200 day simple moving average is $82.48.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $0.82 earnings per share for the quarter, topping analysts' consensus estimates of $0.77 by $0.05. The company had revenue of $5.68 billion for the quarter, compared to analyst estimates of $5.64 billion. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. The firm's revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.78 earnings per share. On average, equities research analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 24th were paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.52%. The ex-dividend date was Monday, March 24th. Johnson Controls International's payout ratio is 39.47%.

Insider Buying and Selling at Johnson Controls International

In other news, Director George Oliver sold 184,331 shares of the firm's stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $79.49, for a total value of $14,652,471.19. Following the transaction, the director now directly owns 1,019,562 shares in the company, valued at $81,044,983.38. This trade represents a 15.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Nathan D. Manning sold 1,422 shares of the firm's stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $79.72, for a total value of $113,361.84. Following the completion of the transaction, the vice president now owns 145,502 shares in the company, valued at approximately $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. Over the last quarter, insiders sold 460,396 shares of company stock worth $38,645,569. 0.54% of the stock is owned by insiders.

Analysts Set New Price Targets

JCI has been the subject of a number of analyst reports. Robert W. Baird raised their price objective on Johnson Controls International from $84.00 to $90.00 and gave the stock a "neutral" rating in a research report on Thursday, May 8th. Melius Research restated 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 cut 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. JPMorgan Chase & Co. upped their price target on Johnson Controls International from $81.00 to $98.00 and gave the company an "overweight" rating in a research report on Friday. Finally, Wells Fargo & Company increased their price objective on Johnson Controls International from $82.00 to $100.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Eight research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $95.35.

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.