6,549 Shares in Johnson Controls International plc (NYSE:JCI) Bought by SPC Financial Inc.

SPC Financial Inc. bought a new stake in Johnson Controls International plc (NYSE:JCI) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 6,549 shares of the company’s stock, valued at approximately $428,000.

Other large investors have also modified their holdings of the company. Turtle Creek Wealth Advisors LLC purchased a new position in Johnson Controls International during the 4th quarter worth $25,000. Rise Advisors LLC acquired a new position in shares of Johnson Controls International during the first quarter worth about $25,000. EdgeRock Capital LLC acquired a new position in shares of Johnson Controls International during the fourth quarter worth about $27,000. Hexagon Capital Partners LLC increased its stake 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 acquired a new position in shares of Johnson Controls International during the third quarter worth about $30,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Insider Activity

In other news, VP Daniel C. Mcconeghy sold 9,342 shares of the business’s stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $65.50, for a total value of $611,901.00. Following the completion of the transaction, the vice president now owns 25,378 shares of the company’s stock, valued at $1,662,259. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In related news, Director Juergen Tinggren sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $62.31, for a total transaction of $249,240.00. Following the completion of the transaction, the director now owns 30,120 shares of the company’s stock, valued at $1,876,777.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Daniel C. Mcconeghy sold 9,342 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $65.50, for a total transaction of $611,901.00. Following the transaction, the vice president now directly owns 25,378 shares of the company’s stock, valued at approximately $1,662,259. The disclosure for this sale can be found here. Insiders sold a total of 18,067 shares of company stock valued at $1,162,299 over the last 90 days. Insiders own 0.69% of the company’s stock.

Johnson Controls International Stock Performance

Johnson Controls International stock opened at $69.86 on Friday. Johnson Controls International plc has a fifty-two week low of $47.90 and a fifty-two week high of $74.23. The company has a market capitalization of $47.06 billion, a price-to-earnings ratio of 28.22, a PEG ratio of 1.77 and a beta of 1.28. The stock has a fifty day moving average of $68.82 and a two-hundred day moving average of $62.95. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.65 and a current ratio of 0.87.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Wednesday, May 1st. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.03. The firm had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.51 billion. Johnson Controls International had a return on equity of 13.21% and a net margin of 6.32%. The firm’s quarterly revenue was down 6.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.75 EPS. On average, analysts anticipate that Johnson Controls International plc will post 3.59 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 19th. Stockholders of record on Monday, June 24th will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date of this dividend is Monday, June 24th. Johnson Controls International’s dividend payout ratio is presently 59.92%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on JCI shares. Citigroup boosted their price target on shares of Johnson Controls International from $59.00 to $68.00 and gave the stock a “neutral” rating in a research note on Monday, April 8th. UBS Group lowered shares of Johnson Controls International from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $74.00 to $68.00 in a research note on Monday, May 6th. Barclays dropped their price target on shares of Johnson Controls International from $62.00 to $61.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Wells Fargo & Company boosted their price target on shares of Johnson Controls International from $70.00 to $75.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Oppenheimer upped their target price on shares of Johnson Controls International from $70.00 to $76.00 and gave the stock an “outperform” rating in a research report on Thursday, June 27th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Johnson Controls International has a consensus rating of “Hold” and an average target price of $64.67.

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.