Wilmington Savings Fund Society FSB Sells 6,196 Shares of Johnson Controls International plc (NYSE:JCI)

Wilmington Savings Fund Society FSB lowered its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 2.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 217,793 shares of the company's stock after selling 6,196 shares during the period. Wilmington Savings Fund Society FSB's holdings in Johnson Controls International were worth $17,190,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Fortitude Family Office LLC grew its holdings in shares of Johnson Controls International by 195.8% during the third quarter. Fortitude Family Office LLC now owns 420 shares of the company's stock valued at $33,000 after purchasing an additional 278 shares during the last quarter. Wolff Wiese Magana LLC raised its stake in shares of Johnson Controls International by 977.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 474 shares of the company's stock worth $37,000 after buying an additional 430 shares in the last quarter. Synergy Asset Management LLC acquired a new position in shares of Johnson Controls International in the 4th quarter worth approximately $42,000. ST Germain D J Co. Inc. lifted its position in shares of Johnson Controls International by 32.8% during the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock valued at $43,000 after acquiring an additional 134 shares during the last quarter. Finally, Western Pacific Wealth Management LP acquired a new position in shares of Johnson Controls International in the 3rd quarter valued at $44,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International Trading Down 0.2 %

Shares of Johnson Controls International stock traded down $0.14 during trading on Wednesday, reaching $89.02. 2,846,666 shares of the company were exchanged, compared to its average volume of 4,760,467. The company has a quick ratio of 0.79, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a twelve month low of $54.07 and a twelve month high of $89.95. The firm has a market capitalization of $58.77 billion, a price-to-earnings ratio of 33.98, a P/E/G ratio of 2.48 and a beta of 1.32. The business has a 50-day moving average price of $81.18 and a 200-day moving average price of $77.38.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly earnings results 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 net margin of 6.83% and a return on equity of 15.11%. Sell-side analysts anticipate that Johnson Controls International plc will post 3.52 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International's dividend payout ratio is currently 56.49%.

Insider Buying and Selling

In other Johnson Controls International news, CEO George Oliver sold 124,497 shares of the company's stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $82.67, for a total transaction of $10,292,166.99. Following the completion of the transaction, the chief executive officer now owns 1,267,716 shares of the company's stock, valued at $104,802,081.72. This represents a 8.94 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Nathan D. Manning sold 1,421 shares of Johnson Controls International stock in a transaction that occurred on Monday, February 3rd. The shares were 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 owns 148,346 shares in the company, valued at $11,339,568.24. This trade represents a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,061,494 shares of company stock valued at $90,587,400. 0.54% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on JCI. Citigroup reduced their price objective on Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating for the company in a research note on Monday, January 13th. Barclays raised their price target on shares of Johnson Controls International from $75.00 to $83.00 and gave the stock an "equal weight" rating in a report on Thursday, December 5th. JPMorgan Chase & Co. upped their price objective on shares of Johnson Controls International from $87.00 to $100.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Oppenheimer lifted their target price on shares of Johnson Controls International from $86.00 to $87.00 and gave the company an "outperform" rating in a research note on Thursday, November 7th. Finally, Mizuho lifted their price objective on Johnson Controls International from $62.00 to $75.00 and gave the company a "neutral" rating in a research report on Thursday, October 17th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $91.13.

About Johnson Controls International

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.