Blake Schutter Theil Wealth Advisors LLC Takes $493,000 Position in Johnson Controls International plc (NYSE:JCI)

Blake Schutter Theil Wealth Advisors LLC purchased a new position in Johnson Controls International plc (NYSE:JCI - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 6,350 shares of the company's stock, valued at approximately $493,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JCI. Capital World Investors grew its position in Johnson Controls International by 85.5% in the first quarter. Capital World Investors now owns 14,142,736 shares of the company's stock worth $923,804,000 after acquiring an additional 6,520,580 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of Johnson Controls International by 686.4% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,445,418 shares of the company's stock valued at $295,487,000 after buying an additional 3,880,146 shares during the period. M&G Plc purchased a new position in shares of Johnson Controls International during the first quarter valued at approximately $120,948,000. Toronto Dominion Bank boosted its position in shares of Johnson Controls International by 413.5% during the first quarter. Toronto Dominion Bank now owns 1,935,465 shares of the company's stock valued at $126,425,000 after buying an additional 1,558,560 shares during the period. Finally, Ceredex Value Advisors LLC purchased a new position in shares of Johnson Controls International during the second quarter valued at approximately $73,881,000. Hedge funds and other institutional investors own 90.05% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on JCI. Royal Bank of Canada boosted their target price on Johnson Controls International from $81.00 to $86.00 and gave the company a "sector perform" rating in a research report on Thursday. Barclays boosted their target price on Johnson Controls International from $62.00 to $64.00 and gave the company an "equal weight" rating in a research report on Wednesday, October 2nd. Morgan Stanley initiated coverage on shares of Johnson Controls International in a research note on Friday, September 6th. They set an "overweight" rating and a $85.00 price target for the company. Bank of America lifted their price target on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a "buy" rating in a research note on Friday, September 27th. Finally, Robert W. Baird lifted their price target on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a "neutral" rating in a research note on Thursday. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $75.64.

Johnson Controls International Stock Up 0.5 %

NYSE:JCI traded up $0.43 during trading hours on Thursday, reaching $81.90. The company's stock had a trading volume of 4,840,075 shares, compared to its average volume of 4,951,894. The company has a market capitalization of $54.71 billion, a P/E ratio of 34.19, a price-to-earnings-growth ratio of 2.12 and a beta of 1.29. Johnson Controls International plc has a 12 month low of $50.00 and a 12 month high of $82.21. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.73 and a current ratio of 0.96. The stock has a 50 day moving average price of $74.87 and a two-hundred day moving average price of $70.72.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $1.28 EPS for the quarter, topping analysts' consensus estimates of $1.25 by $0.03. Johnson Controls International had a net margin of 6.02% and a return on equity of 13.64%. The company had revenue of $6.25 billion during the quarter, compared to the consensus estimate of $7.26 billion. Equities analysts predict that Johnson Controls International plc will post 3.68 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.81%. The ex-dividend date of this dividend was Wednesday, September 25th. Johnson Controls International's dividend payout ratio is currently 61.92%.

Insiders Place Their Bets

In other Johnson Controls International news, CEO George Oliver sold 110,615 shares of Johnson Controls International stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $76.79, for a total value of $8,494,125.85. Following the transaction, the chief executive officer now directly owns 1,243,751 shares of the company's stock, valued at approximately $95,507,639.29. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO George Oliver sold 110,615 shares of the business's stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $76.79, for a total transaction of $8,494,125.85. Following the sale, the chief executive officer now directly owns 1,243,751 shares of the company's stock, valued at $95,507,639.29. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Nathan D. Manning sold 1,167 shares of the business's stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $72.75, for a total transaction of $84,899.25. Following the sale, the chief operating officer now directly owns 143,488 shares in the company, valued at $10,438,752. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 226,141 shares of company stock valued at $16,904,519. 0.69% of the stock is currently owned by insiders.

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.