Johnson Controls International plc (NYSE:JCI) Holdings Decreased by F M Investments LLC

F M Investments LLC trimmed its position in Johnson Controls International plc (NYSE:JCI - Free Report) by 9.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,757 shares of the company's stock after selling 12,442 shares during the period. F M Investments LLC's holdings in Johnson Controls International were worth $8,751,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Summit Trail Advisors LLC lifted its holdings in shares of Johnson Controls International by 4.6% during the 2nd quarter. Summit Trail Advisors LLC now owns 3,715 shares of the company's stock worth $248,000 after acquiring an additional 163 shares during the period. Miracle Mile Advisors LLC lifted its holdings in shares of Johnson Controls International by 1.0% during the 3rd quarter. Miracle Mile Advisors LLC now owns 17,011 shares of the company's stock worth $1,320,000 after acquiring an additional 163 shares during the period. Berry Wealth Group LP lifted its holdings in shares of Johnson Controls International by 0.7% during the 3rd quarter. Berry Wealth Group LP now owns 25,978 shares of the company's stock worth $2,016,000 after acquiring an additional 177 shares during the period. Center for Financial Planning Inc. lifted its holdings in shares of Johnson Controls International by 5.7% during the 2nd quarter. Center for Financial Planning Inc. now owns 3,485 shares of the company's stock worth $232,000 after acquiring an additional 187 shares during the period. Finally, Wedmont Private Capital increased its position in Johnson Controls International by 3.1% during the 2nd quarter. Wedmont Private Capital now owns 6,440 shares of the company's stock worth $451,000 after purchasing an additional 192 shares in the last quarter. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, COO Nathan D. Manning sold 1,167 shares of Johnson Controls International stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $72.75, for a total value of $84,899.25. Following the completion of the transaction, the chief operating officer now owns 143,488 shares of the company's stock, valued at $10,438,752. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other Johnson Controls International news, CEO George Oliver sold 110,615 shares of Johnson Controls International stock in a transaction on Monday, September 16th. The shares were sold at an average price of $72.67, for a total value of $8,038,392.05. Following the completion of the transaction, 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 transaction was disclosed in a document filed with the SEC, which is available through this link. 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 transaction, the chief operating officer now directly owns 143,488 shares of the company's stock, valued at approximately $10,438,752. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 226,327 shares of company stock valued at $16,916,720. 0.69% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on JCI. Barclays increased their target price on shares of Johnson Controls International from $62.00 to $64.00 and gave the stock an "equal weight" rating in a research report on Wednesday, October 2nd. Robert W. Baird increased their target price on shares of Johnson Controls International from $72.00 to $78.00 and gave the stock a "neutral" rating in a research report on Thursday, August 1st. Royal Bank of Canada raised shares of Johnson Controls International from an "underperform" rating to a "sector perform" rating and increased their target price for the stock from $61.00 to $69.00 in a research report on Wednesday, August 14th. StockNews.com downgraded shares of Johnson Controls International from a "buy" rating to a "hold" rating in a research report on Saturday, October 26th. Finally, Oppenheimer increased their target price on shares of Johnson Controls International from $79.00 to $86.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 2nd. Twelve equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $73.43.

Johnson Controls International Stock Down 0.1 %

Shares of JCI stock traded down $0.05 during mid-day trading on Friday, reaching $75.50. 2,284,792 shares of the company were exchanged, compared to its average volume of 3,110,361. Johnson Controls International plc has a fifty-two week low of $49.64 and a fifty-two week high of $78.23. 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 company has a market capitalization of $50.43 billion, a P/E ratio of 31.59, a P/E/G ratio of 2.16 and a beta of 1.29. The business's 50 day simple moving average is $74.53 and its 200 day simple moving average is $70.44.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its quarterly earnings results on Wednesday, July 31st. The company reported $1.14 earnings per share for the quarter, topping analysts' consensus estimates of $1.08 by $0.06. Johnson Controls International had a net margin of 6.02% and a return on equity of 13.64%. The business had revenue of $7.23 billion during the quarter, compared to the consensus estimate of $7.53 billion. During the same quarter last year, the company earned $1.03 earnings per share. The business's quarterly revenue was up 1.4% compared to the same quarter last year. Research analysts predict that Johnson Controls International plc will post 3.68 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date was Wednesday, September 25th. Johnson Controls International's payout ratio is currently 61.92%.

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.