Callan Family Office LLC Purchases New Position in Johnson Controls International plc (NYSE:JCI)

Callan Family Office LLC bought a new stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 41,537 shares of the company's stock, valued at approximately $3,279,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Farther Finance Advisors LLC lifted its holdings in Johnson Controls International by 11.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,409 shares of the company's stock valued at $497,000 after purchasing an additional 648 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its position in shares of Johnson Controls International by 384.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 244,289 shares of the company's stock valued at $18,959,000 after buying an additional 193,913 shares during the last quarter. NorthRock Partners LLC lifted its stake in shares of Johnson Controls International by 10.2% in the third quarter. NorthRock Partners LLC now owns 3,869 shares of the company's stock worth $300,000 after buying an additional 357 shares in the last quarter. Concurrent Investment Advisors LLC boosted its position in Johnson Controls International by 24.7% during the third quarter. Concurrent Investment Advisors LLC now owns 6,259 shares of the company's stock worth $486,000 after acquiring an additional 1,240 shares during the last quarter. Finally, Spinnaker Trust purchased a new stake in Johnson Controls International during the 3rd quarter valued at about $209,000. Hedge funds and other institutional investors own 90.05% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Royal Bank of Canada raised their target price on shares of Johnson Controls International from $86.00 to $93.00 and gave the stock a "sector perform" rating in a research note on Thursday, February 6th. StockNews.com lowered Johnson Controls International from a "buy" rating to a "hold" rating in a research note on Wednesday, November 20th. Melius cut Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 target price for the company. in a report on Tuesday, January 28th. JPMorgan Chase & Co. lifted their price target on Johnson Controls International from $87.00 to $100.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Finally, UBS Group raised shares of Johnson Controls International from a "neutral" rating to a "buy" rating and upped their price objective for the company from $90.00 to $103.00 in a report on Monday, February 10th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $91.27.

Insider Activity

In other Johnson Controls International news, EVP Marlon Sullivan sold 7,230 shares of the stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total value of $602,620.50. Following the sale, the executive vice president now owns 32,246 shares of the company's stock, valued at $2,687,704.10. This trade represents a 18.31 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Nathan D. Manning sold 1,421 shares of Johnson Controls International stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of the transaction, the vice president now owns 148,346 shares of the company's stock, valued at $11,339,568.24. The trade was a 0.95 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 713,280 shares of company stock valued at $62,575,288. 0.54% of the stock is currently owned by company insiders.

Johnson Controls International Trading Down 1.3 %

Johnson Controls International stock traded down $0.98 during trading on Tuesday, hitting $76.94. The company had a trading volume of 6,666,302 shares, compared to its average volume of 4,710,433. The stock has a market cap of $50.79 billion, a price-to-earnings ratio of 29.37, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a 1-year low of $59.83 and a 1-year high of $91.14. The company's 50 day simple moving average is $82.49 and its 200-day simple moving average is $79.60.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, beating analysts' consensus estimates of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. As a group, analysts expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International 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.