F M Investments LLC Sells 41,363 Shares of Johnson Controls International plc (NYSE:JCI)

F M Investments LLC lessened its holdings in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 36.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,394 shares of the company's stock after selling 41,363 shares during the quarter. F M Investments LLC's holdings in Johnson Controls International were worth $5,635,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in Johnson Controls International in the 4th quarter valued at approximately $568,309,000. Norges Bank bought a new position in shares of Johnson Controls International in the fourth quarter worth $560,549,000. Invesco Ltd. grew its position in shares of Johnson Controls International by 13.2% in the fourth quarter. Invesco Ltd. now owns 18,407,597 shares of the company's stock valued at $1,452,912,000 after purchasing an additional 2,150,573 shares in the last quarter. Amundi raised its stake in shares of Johnson Controls International by 76.7% during the 4th quarter. Amundi now owns 3,870,478 shares of the company's stock valued at $309,422,000 after purchasing an additional 1,680,431 shares during the period. Finally, Franklin Resources Inc. raised its stake in shares of Johnson Controls International by 6.0% during the 4th quarter. Franklin Resources Inc. now owns 23,344,374 shares of the company's stock valued at $1,842,571,000 after purchasing an additional 1,325,500 shares during the period. Hedge funds and other institutional investors own 90.05% of the company's stock.

Johnson Controls International Price Performance

Shares of NYSE JCI traded up $0.36 during trading hours on Tuesday, reaching $78.86. 1,233,943 shares of the stock traded hands, compared to its average volume of 4,451,571. The company's 50-day simple moving average is $82.19 and its two-hundred day simple moving average is $80.83. The company has a market capitalization of $52.06 billion, a P/E ratio of 30.10, a price-to-earnings-growth ratio of 1.96 and a beta of 1.22. Johnson Controls International plc has a 52-week low of $59.83 and a 52-week high of $91.14. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50.

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

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be paid a dividend of $0.37 per share. The ex-dividend date is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.88%. Johnson Controls International's dividend payout ratio (DPR) is currently 56.49%.

Wall Street Analyst Weigh In

JCI has been the topic of several analyst reports. Morgan Stanley upped their price target on Johnson Controls International from $95.00 to $105.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Royal Bank of Canada upped 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 report on Thursday, February 6th. JPMorgan Chase & Co. lowered their target price on shares of Johnson Controls International from $100.00 to $81.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Wells Fargo & Company boosted their price target on shares of Johnson Controls International from $92.00 to $98.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Finally, Argus upgraded Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 price objective on the stock in a research report on Friday, December 20th. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Johnson Controls International currently has an average rating of "Moderate Buy" and an average price target of $90.07.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 205,168 shares of the stock in a transaction on Friday, February 7th. The shares were sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the completion of the sale, the chief executive officer now owns 1,260,527 shares of the company's stock, valued at $110,964,191.81. This represents a 14.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Nathan D. Manning sold 1,421 shares of the firm's stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total transaction of $108,621.24. Following the completion of the sale, the vice president now directly owns 148,346 shares in the company, valued at approximately $11,339,568.24. This trade represents a 0.95 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 907,286 shares of company stock worth $77,938,071. Company insiders own 0.54% of the company's stock.

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.