Johnson Controls International plc (NYSE:JCI) Shares Sold by YHB Investment Advisors Inc.

YHB Investment Advisors Inc. lowered its stake in shares of Johnson Controls International plc (NYSE:JCI) by 14.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,794 shares of the company’s stock after selling 460 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Johnson Controls International were worth $217,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in JCI. Continuum Advisory LLC boosted its holdings in shares of Johnson Controls International by 65.2% during the second quarter. Continuum Advisory LLC now owns 527 shares of the company’s stock valued at $35,000 after acquiring an additional 208 shares during the period. Wolff Wiese Magana LLC grew its position in 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 purchasing an additional 430 shares during the last quarter. Hexagon Capital Partners LLC increased its stake in shares of Johnson Controls International by 39.7% in the second quarter. Hexagon Capital Partners LLC now owns 711 shares of the company’s stock valued at $47,000 after purchasing an additional 202 shares during the period. Friedenthal Financial bought a new stake in shares of Johnson Controls International during the second quarter valued at approximately $47,000. Finally, Centerpoint Advisors LLC boosted its position in shares of Johnson Controls International by 126.8% during the first quarter. Centerpoint Advisors LLC now owns 737 shares of the company’s stock worth $48,000 after buying an additional 412 shares during the period. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Trading Up 0.5 %

NYSE:JCI opened at $76.87 on Friday. The stock has a fifty day simple moving average of $73.66 and a 200 day simple moving average of $69.88. The firm has a market capitalization of $51.35 billion, a price-to-earnings ratio of 32.16, a price-to-earnings-growth ratio of 2.19 and a beta of 1.29. Johnson Controls International plc has a 1-year low of $47.90 and a 1-year high of $78.23. The company has a quick ratio of 0.73, a current ratio of 0.96 and a debt-to-equity ratio of 0.46.

Johnson Controls International (NYSE:JCI) last announced its earnings results on Wednesday, July 31st. The company reported $1.14 EPS for the quarter, topping the consensus estimate 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 company had revenue of $7.23 billion during the quarter, compared to analysts’ expectations of $7.53 billion. During the same period last year, the company posted $1.03 earnings per share. The business’s revenue for the quarter was up 1.4% on a year-over-year basis. Sell-side analysts forecast that Johnson Controls International plc will post 3.68 earnings per share for the current year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were issued a $0.37 dividend. The ex-dividend date of this dividend was Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.93%. Johnson Controls International’s payout ratio is currently 61.92%.

Insider Transactions at Johnson Controls International

In related news, COO Nathan D. Manning sold 1,167 shares of the stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $70.71, for a total value of $82,518.57. Following the completion of the sale, the chief operating officer now directly owns 103,866 shares of the company’s stock, valued at approximately $7,344,364.86. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Johnson Controls International news, CEO George Oliver sold 110,615 shares of the company’s stock in a transaction that occurred 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 transaction, the chief executive officer now owns 1,243,751 shares in the company, valued at approximately $90,383,385.17. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Nathan D. Manning sold 1,167 shares of the stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $70.71, for a total transaction of $82,518.57. Following the completion of the sale, the chief operating officer now owns 103,866 shares of the company’s stock, valued at approximately $7,344,364.86. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 227,494 shares of company stock valued at $16,999,239 over the last quarter. Company insiders own 0.69% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on JCI shares. StockNews.com upgraded Johnson Controls International from a “hold” rating to a “buy” rating in a research report on Friday, October 18th. Bank of America lifted their price objective on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Oppenheimer increased their target price on shares of Johnson Controls International from $79.00 to $86.00 and gave the company an “outperform” rating in a research report on Wednesday, October 2nd. Royal Bank of Canada upgraded shares of Johnson Controls International from an “underperform” rating to a “sector perform” rating and boosted their price target for the stock from $61.00 to $69.00 in a research report on Wednesday, August 14th. Finally, Morgan Stanley assumed coverage on shares of Johnson Controls International in a report on Friday, September 6th. They issued an “overweight” rating and a $85.00 price objective for the company. Eleven research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $73.43.

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.