2,477 Shares in Johnson Controls International plc (NYSE:JCI) Purchased by Capital Wealth Planning LLC

Capital Wealth Planning LLC acquired a new position in shares of Johnson Controls International plc (NYSE:JCIGet Rating) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,477 shares of the company’s stock, valued at approximately $202,000.

Several other large investors have also recently made changes to their positions in JCI. Wellington Management Group LLP increased its stake in shares of Johnson Controls International by 15.3% in the third quarter. Wellington Management Group LLP now owns 47,001,412 shares of the company’s stock valued at $3,199,857,000 after purchasing an additional 6,243,817 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in Johnson Controls International by 4.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 35,204,519 shares of the company’s stock worth $2,396,724,000 after buying an additional 1,606,780 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new stake in Johnson Controls International during the fourth quarter worth approximately $110,475,000. Putnam Investments LLC boosted its holdings in Johnson Controls International by 12.8% during the third quarter. Putnam Investments LLC now owns 11,337,610 shares of the company’s stock worth $771,864,000 after buying an additional 1,290,875 shares in the last quarter. Finally, Nordea Investment Management AB boosted its holdings in Johnson Controls International by 17.5% during the third quarter. Nordea Investment Management AB now owns 3,720,206 shares of the company’s stock worth $263,726,000 after buying an additional 553,565 shares in the last quarter. Institutional investors own 88.89% of the company’s stock.

In other news, VP Robert M. Vanhimbergen sold 5,683 shares of the company’s stock in a transaction that occurred on Friday, February 25th. The shares were sold at an average price of $64.44, for a total value of $366,212.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Robert M. Vanhimbergen sold 8,573 shares of the company’s stock in a transaction that occurred on Thursday, February 3rd. The shares were sold at an average price of $69.63, for a total transaction of $596,937.99. The disclosure for this sale can be found here. Insiders own 0.61% of the company’s stock.

A number of analysts recently weighed in on the stock. Morgan Stanley decreased their price objective on shares of Johnson Controls International from $84.00 to $82.00 and set an “overweight” rating for the company in a research note on Thursday, April 7th. Deutsche Bank Aktiengesellschaft upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating and cut their target price for the stock from $80.00 to $79.00 in a research report on Wednesday, March 23rd. Wells Fargo & Company cut their price target on shares of Johnson Controls International from $91.00 to $83.00 in a report on Thursday, February 3rd. Barclays cut their price target on shares of Johnson Controls International from $86.00 to $80.00 and set an “overweight” rating on the stock in a report on Monday, April 4th. Finally, Credit Suisse Group cut their price target on shares of Johnson Controls International from $89.00 to $86.00 and set an “outperform” rating on the stock in a report on Thursday, February 3rd. Three research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, Johnson Controls International currently has a consensus rating of “Buy” and a consensus target price of $79.69.

Shares of Johnson Controls International stock traded down $0.80 during trading on Monday, hitting $61.87. 148,066 shares of the company’s stock traded hands, compared to its average volume of 4,251,428. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.04 and a quick ratio of 0.79. The firm’s fifty day moving average price is $64.72 and its 200 day moving average price is $71.68. Johnson Controls International plc has a twelve month low of $59.82 and a twelve month high of $81.77. The company has a market cap of $43.48 billion, a PE ratio of 28.23, a PEG ratio of 2.35 and a beta of 1.16.

Johnson Controls International (NYSE:JCIGet Rating) last announced its quarterly earnings results on Wednesday, February 2nd. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.01. Johnson Controls International had a net margin of 6.48% and a return on equity of 10.58%. The firm had revenue of $5.86 billion during the quarter, compared to the consensus estimate of $5.79 billion. During the same period last year, the firm posted $0.43 EPS. The firm’s quarterly revenue was up 9.8% on a year-over-year basis. As a group, equities research analysts anticipate that Johnson Controls International plc will post 3.27 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, April 14th. Shareholders of record on Monday, March 21st were paid a $0.35 dividend. The ex-dividend date was Friday, March 18th. This is an increase from Johnson Controls International’s previous quarterly dividend of $0.34. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.26%. Johnson Controls International’s payout ratio is currently 63.64%.

Johnson Controls International Profile (Get Rating)

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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