13,224 Shares in Johnson Controls International plc (NYSE:JCI) Purchased by Norden Group LLC

Norden Group LLC bought a new position in shares of Johnson Controls International plc (NYSE:JCIFree Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 13,224 shares of the company’s stock, valued at approximately $864,000.

A number of other institutional investors have also modified their holdings of JCI. Turtle Creek Wealth Advisors LLC purchased a new position in shares of Johnson Controls International during the fourth quarter worth approximately $25,000. Rise Advisors LLC purchased a new position in shares of Johnson Controls International during the first quarter worth approximately $25,000. EdgeRock Capital LLC purchased a new position in shares of Johnson Controls International during the fourth quarter worth approximately $27,000. Hexagon Capital Partners LLC increased its position in shares of Johnson Controls International by 114.0% during the fourth quarter. Hexagon Capital Partners LLC now owns 503 shares of the company’s stock worth $29,000 after acquiring an additional 268 shares during the period. Finally, Headinvest LLC purchased a new position in shares of Johnson Controls International during the third quarter worth approximately $30,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on JCI shares. Wells Fargo & Company raised their target price on shares of Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Citigroup lifted their price objective on shares of Johnson Controls International from $59.00 to $68.00 and gave the company a “neutral” rating in a report on Monday, April 8th. UBS Group lowered shares of Johnson Controls International from a “buy” rating to a “neutral” rating and cut their price objective for the company from $74.00 to $68.00 in a report on Monday, May 6th. Oppenheimer lifted their price objective on shares of Johnson Controls International from $70.00 to $76.00 and gave the company an “outperform” rating in a report on Thursday, June 27th. Finally, Barclays lifted their price objective on shares of Johnson Controls International from $59.00 to $62.00 and gave the company an “equal weight” rating in a report on Friday, June 21st. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $63.82.

View Our Latest Stock Report on Johnson Controls International

Insider Transactions at Johnson Controls International

In other news, VP Daniel C. Mcconeghy sold 9,342 shares of Johnson Controls International stock in a transaction on Friday, May 10th. The shares were sold at an average price of $65.50, for a total transaction of $611,901.00. Following the completion of the sale, the vice president now directly owns 25,378 shares in the company, valued at $1,662,259. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, VP Daniel C. Mcconeghy sold 9,342 shares of the business’s stock in a transaction on Friday, May 10th. The shares were sold at an average price of $65.50, for a total transaction of $611,901.00. Following the completion of the transaction, the vice president now directly owns 25,378 shares in the company, valued at $1,662,259. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Nathan D. Manning sold 3,000 shares of the business’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $62.86, for a total transaction of $188,580.00. Following the transaction, the chief operating officer now owns 106,891 shares of the company’s stock, valued at $6,719,168.26. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 18,067 shares of company stock worth $1,162,299. Company insiders own 0.69% of the company’s stock.

Johnson Controls International Price Performance

Shares of JCI opened at $66.79 on Friday. The company has a market cap of $45.00 billion, a price-to-earnings ratio of 27.04, a price-to-earnings-growth ratio of 1.74 and a beta of 1.28. Johnson Controls International plc has a twelve month low of $47.90 and a twelve month high of $74.23. The company has a quick ratio of 0.65, a current ratio of 0.87 and a debt-to-equity ratio of 0.44. The company has a 50 day moving average of $68.41 and a two-hundred day moving average of $62.66.

Johnson Controls International (NYSE:JCIGet Free Report) last announced its earnings results on Wednesday, May 1st. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.03. The company had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.51 billion. Johnson Controls International had a net margin of 6.32% and a return on equity of 13.21%. Johnson Controls International’s revenue was down 6.1% compared to the same quarter last year. During the same period last year, the firm earned $0.75 earnings per share. As a group, analysts predict that Johnson Controls International plc will post 3.59 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 19th. Stockholders of record on Monday, June 24th will be paid a dividend of $0.37 per share. The ex-dividend date is Monday, June 24th. This represents a $1.48 annualized dividend and a dividend yield of 2.22%. Johnson Controls International’s payout ratio is currently 59.92%.

Johnson Controls International Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Johnson Controls International (NYSE:JCI)

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