Easterly Investment Partners LLC Sells 18,816 Shares of Johnson Controls International plc (NYSE:JCI)

Easterly Investment Partners LLC reduced its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 9.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 180,010 shares of the company's stock after selling 18,816 shares during the quarter. Johnson Controls International accounts for 1.1% of Easterly Investment Partners LLC's portfolio, making the stock its 20th largest position. Easterly Investment Partners LLC's holdings in Johnson Controls International were worth $13,971,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Capital World Investors boosted its stake in Johnson Controls International by 85.5% during the 1st quarter. Capital World Investors now owns 14,142,736 shares of the company's stock valued at $923,804,000 after purchasing an additional 6,520,580 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in Johnson Controls International by 686.4% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,445,418 shares of the company's stock valued at $295,487,000 after purchasing an additional 3,880,146 shares in the last quarter. M&G Plc bought a new position in Johnson Controls International during the 1st quarter valued at $120,948,000. Toronto Dominion Bank boosted its stake in Johnson Controls International by 413.5% during the 1st quarter. Toronto Dominion Bank now owns 1,935,465 shares of the company's stock valued at $126,425,000 after purchasing an additional 1,558,560 shares in the last quarter. Finally, Ceredex Value Advisors LLC bought a new stake in shares of Johnson Controls International during the 2nd quarter worth $73,881,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Johnson Controls International news, CEO George Oliver sold 110,615 shares of the business's stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $72.67, for a total value of $8,038,392.05. Following the completion of the sale, the chief executive officer now owns 1,243,751 shares of the company's stock, valued at $90,383,385.17. 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 at this hyperlink. In related news, COO Nathan D. Manning sold 3,000 shares of the business's stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $77.08, for a total transaction of $231,240.00. Following the completion of the transaction, the chief operating officer now owns 140,488 shares of the company's stock, valued at approximately $10,828,815.04. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO George Oliver sold 110,615 shares of the business's stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $72.67, for a total value of $8,038,392.05. Following the transaction, the chief executive officer now directly owns 1,243,751 shares of the company's stock, valued at $90,383,385.17. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 226,141 shares of company stock valued at $16,904,519 over the last quarter. Insiders own 0.69% of the company's stock.

Johnson Controls International Stock Up 3.3 %

JCI traded up $2.71 during trading on Friday, reaching $84.62. 4,338,041 shares of the stock traded hands, compared to its average volume of 4,949,209. The stock has a market cap of $56.53 billion, a price-to-earnings ratio of 33.31, a price-to-earnings-growth ratio of 2.39 and a beta of 1.29. Johnson Controls International plc has a fifty-two week low of $50.00 and a fifty-two week high of $84.79. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.73. The stock's 50-day simple moving average is $75.32 and its two-hundred day simple moving average is $70.94.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.25 by $0.03. The firm had revenue of $6.25 billion during the quarter, compared to analysts' expectations of $7.26 billion. Johnson Controls International had a return on equity of 14.51% and a net margin of 6.49%. As a group, equities research analysts expect that Johnson Controls International plc will post 3.46 EPS for the current year.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th were given a $0.37 dividend. The ex-dividend date was Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.75%. Johnson Controls International's dividend payout ratio is currently 58.27%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. StockNews.com upgraded Johnson Controls International from a "hold" rating to a "buy" rating in a report on Monday. Robert W. Baird lifted their target price on Johnson Controls International from $80.00 to $85.00 and gave the stock a "neutral" rating in a report on Thursday. Oppenheimer lifted their target price on Johnson Controls International from $86.00 to $87.00 and gave the stock an "outperform" rating in a report on Thursday. Wells Fargo & Company lifted their target price on Johnson Controls International from $84.00 to $90.00 and gave the stock an "overweight" rating in a report on Thursday. Finally, The Goldman Sachs Group lifted their target price on Johnson Controls International from $73.00 to $81.00 and gave the stock a "buy" rating in a report on Friday, August 2nd. Eleven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $75.64.

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.