Johnson Controls International plc (NYSE:JCI) Shares Purchased by Greater Midwest Financial Group LLC

Greater Midwest Financial Group LLC increased its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 3.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,600 shares of the company’s stock after purchasing an additional 539 shares during the period. Johnson Controls International makes up 0.8% of Greater Midwest Financial Group LLC’s holdings, making the stock its 28th biggest position. Greater Midwest Financial Group LLC’s holdings in Johnson Controls International were worth $1,444,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Summit Trail Advisors LLC increased its holdings in Johnson Controls International by 4.6% in the second quarter. Summit Trail Advisors LLC now owns 3,715 shares of the company’s stock valued at $248,000 after buying an additional 163 shares in the last quarter. Miracle Mile Advisors LLC increased its stake in shares of Johnson Controls International by 1.0% in the 3rd quarter. Miracle Mile Advisors LLC now owns 17,011 shares of the company’s stock valued at $1,320,000 after purchasing an additional 163 shares in the last quarter. Center for Financial Planning Inc. raised its holdings in Johnson Controls International by 5.7% in the 2nd quarter. Center for Financial Planning Inc. now owns 3,485 shares of the company’s stock worth $232,000 after purchasing an additional 187 shares during the period. Wedmont Private Capital raised its holdings in Johnson Controls International by 3.1% in the 2nd quarter. Wedmont Private Capital now owns 6,440 shares of the company’s stock worth $451,000 after purchasing an additional 192 shares during the period. Finally, Central Pacific Bank Trust Division boosted its position in Johnson Controls International by 0.6% during the third quarter. Central Pacific Bank Trust Division now owns 32,034 shares of the company’s stock worth $2,486,000 after purchasing an additional 200 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

JCI has been the topic of a number of research analyst reports. Robert W. Baird lifted their price target on shares of Johnson Controls International from $72.00 to $78.00 and gave the company a “neutral” rating in a research note on Thursday, August 1st. Barclays boosted their target price on shares of Johnson Controls International from $62.00 to $64.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 2nd. Morgan Stanley began coverage on shares of Johnson Controls International in a research report on Friday, September 6th. They set an “overweight” rating and a $85.00 price target for the company. Oppenheimer lifted their price objective on Johnson Controls International from $79.00 to $86.00 and gave the stock an “outperform” rating in a report on Wednesday, October 2nd. Finally, Royal Bank of Canada upgraded Johnson Controls International from an “underperform” rating to a “sector perform” rating and boosted their price objective for the stock from $61.00 to $69.00 in a research note on Wednesday, August 14th. Twelve equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $73.43.

Johnson Controls International Trading Up 1.0 %

Shares of JCI stock traded up $0.79 on Thursday, hitting $77.18. 76,108 shares of the stock traded hands, compared to its average volume of 5,018,657. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.73 and a current ratio of 0.96. Johnson Controls International plc has a twelve month low of $47.90 and a twelve month high of $78.23. The firm’s 50-day moving average price is $72.73 and its two-hundred day moving average price is $69.46. The stock has a market capitalization of $51.56 billion, a PE ratio of 32.26, a PEG ratio of 2.09 and a beta of 1.29.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Wednesday, July 31st. The company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.06. The company had revenue of $7.23 billion for the quarter, compared to analyst estimates of $7.53 billion. Johnson Controls International had a net margin of 6.02% and a return on equity of 13.64%. Johnson Controls International’s revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.03 EPS. As a group, analysts anticipate that Johnson Controls International plc will post 3.68 EPS for the current year.

Johnson Controls International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date of this dividend is Wednesday, September 25th. Johnson Controls International’s dividend payout ratio (DPR) is 61.92%.

Insider Buying and Selling

In other news, COO Nathan D. Manning sold 1,167 shares of Johnson Controls International stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total value of $84,899.25. Following the completion of the sale, the chief operating officer now directly owns 143,488 shares of the company’s stock, valued at approximately $10,438,752. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other news, CEO George Oliver sold 110,615 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the sale, the chief executive officer now owns 1,243,751 shares of the company’s stock, valued at approximately $90,383,385.17. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Nathan D. Manning sold 1,167 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total value of $84,899.25. Following the sale, the chief operating officer now owns 143,488 shares of the company’s stock, valued at approximately $10,438,752. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 227,494 shares of company stock valued at $16,997,782. Company insiders own 0.69% of the company’s stock.

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.