Johnson Controls International plc $JCI Position Increased by Vise Technologies Inc.

Vise Technologies Inc. increased its position in Johnson Controls International plc (NYSE:JCI) by 13.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 61,051 shares of the company’s stock after purchasing an additional 7,353 shares during the quarter. Vise Technologies Inc.’s holdings in Johnson Controls International were worth $9,075,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JCI. Invera Wealth Advisors LLC raised its stake in shares of Johnson Controls International by 0.8% in the 3rd quarter. Invera Wealth Advisors LLC now owns 13,177 shares of the company’s stock valued at $1,959,000 after buying an additional 99 shares in the last quarter. Sagace Wealth Management LLC lifted its holdings in shares of Johnson Controls International by 11.1% during the 3rd quarter. Sagace Wealth Management LLC now owns 2,427 shares of the company’s stock worth $361,000 after acquiring an additional 242 shares during the period. Americana Partners LLC boosted its position in shares of Johnson Controls International by 3.7% during the 3rd quarter. Americana Partners LLC now owns 9,206 shares of the company’s stock valued at $1,368,000 after acquiring an additional 327 shares in the last quarter. Avestar Capital LLC boosted its position in shares of Johnson Controls International by 21.3% during the 3rd quarter. Avestar Capital LLC now owns 7,410 shares of the company’s stock valued at $1,101,000 after acquiring an additional 1,302 shares in the last quarter. Finally, Modera Wealth Management LLC increased its stake in Johnson Controls International by 222.9% in the third quarter. Modera Wealth Management LLC now owns 10,324 shares of the company’s stock valued at $1,535,000 after acquiring an additional 7,127 shares during the period. 90.05% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft cut their price objective on Johnson Controls International from $180.00 to $178.00 and set a “buy” rating for the company in a report on Wednesday, September 30th. Wells Fargo & Company upped their target price on shares of Johnson Controls International from $186.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday. Zacks Research cut shares of Johnson Controls International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. Argus set a $175.00 price target on shares of Johnson Controls International in a report on Friday, August 7th. Finally, Mizuho lifted their price target on shares of Johnson Controls International from $150.00 to $165.00 and gave the company a “neutral” rating in a report on Thursday, October 15th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Johnson Controls International currently has an average rating of “Moderate Buy” and a consensus price target of $166.86.

Insider Buying and Selling

In other news, VP Lei Schlitz sold 23,417 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $153.07, for a total transaction of $3,584,440.19. Following the sale, the vice president directly owned 15,017 shares of the company’s stock, valued at $2,298,652.19. This represents a 60.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Juergen Tinggren sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of $159.19, for a total transaction of $636,760.00. Following the completion of the sale, the director directly owned 27,236 shares of the company’s stock, valued at approximately $4,335,698.84. This represents a 12.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is currently owned by corporate insiders.

Johnson Controls International Price Performance

Shares of JCI stock opened at $148.90 on Monday. The stock’s fifty day moving average is $147.36 and its 200-day moving average is $140.79. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.75 and a current ratio of 0.90. The stock has a market capitalization of $90.19 billion, a PE ratio of 31.82, a PEG ratio of 1.17 and a beta of 1.27. Johnson Controls International plc has a 52 week low of $108.41 and a 52 week high of $160.41.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Tuesday, October 27th. The company reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.59 by $0.07. The business had revenue of $7.11 billion during the quarter, compared to analysts’ expectations of $7.04 billion. Johnson Controls International had a return on equity of 23.38% and a net margin of 11.12%. The firm’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.26 earnings per share. Equities research analysts expect that Johnson Controls International plc will post 6.29 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Monday, September 21st were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Monday, September 21st. Johnson Controls International’s dividend payout ratio is presently 34.19%.

About Johnson Controls International

Johnson Controls International plc (NYSE:JCI) is a global provider of building technology, products and services. The company helps customers design, operate and maintain efficient, healthy and secure buildings through solutions for heating, ventilation and air conditioning, building automation, energy management, fire detection and suppression, and physical security.

Its portfolio includes building controls and digital management platforms, HVAC equipment, chillers, air-handling systems, fire and security technologies, and related services.