Johnson Controls International plc (NYSE:JCI) Stake Boosted by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. boosted its position in shares of Johnson Controls International plc (NYSE:JCI) by 15.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,652 shares of the company’s stock after purchasing an additional 220 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Johnson Controls International were worth $128,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of 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 valued at $248,000 after buying an additional 163 shares during the last quarter. Miracle Mile Advisors LLC lifted its stake in Johnson Controls International by 1.0% in the third quarter. Miracle Mile Advisors LLC now owns 17,011 shares of the company’s stock valued at $1,320,000 after acquiring an additional 163 shares during the last quarter. Berry Wealth Group LP increased its stake 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 purchasing an additional 177 shares during the last quarter. Center for Financial Planning Inc. raised 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 valued at $232,000 after purchasing an additional 187 shares in the last quarter. Finally, Wedmont Private Capital lifted its stake in shares of Johnson Controls International by 3.1% in the 2nd quarter. Wedmont Private Capital now owns 6,440 shares of the company’s stock valued at $451,000 after purchasing an additional 192 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

Shares of NYSE JCI opened at $76.48 on Thursday. The firm has a market capitalization of $51.52 billion, a price-to-earnings ratio of 30.96, a PEG ratio of 2.21 and a beta of 1.29. Johnson Controls International plc has a one year low of $47.90 and a one year high of $78.23. The business has a fifty day simple moving average of $73.66 and a 200 day simple moving average of $69.88. The company has a current ratio of 0.96, a quick ratio of 0.73 and a debt-to-equity ratio of 0.46.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Wednesday, July 31st. The company reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.06. The company had revenue of $7.23 billion during the quarter, compared to the consensus estimate of $7.53 billion. Johnson Controls International had a net margin of 6.02% and a return on equity of 13.64%. The firm’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period last year, the firm earned $1.03 EPS. Sell-side analysts expect that Johnson Controls International plc will post 3.68 EPS for the current year.

Johnson Controls International Dividend Announcement

The business 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 was Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.94%. Johnson Controls International’s payout ratio is presently 59.92%.

Analyst Ratings Changes

Several equities analysts have commented on JCI shares. Morgan Stanley began coverage on shares of Johnson Controls International in a research report on Friday, September 6th. They set an “overweight” rating and a $85.00 target price on the stock. Mizuho raised their price objective on Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. Wells Fargo & Company upped their target price on Johnson Controls International from $80.00 to $84.00 and gave the stock an “overweight” rating in a research report on Monday, October 7th. Robert W. Baird lifted their price target on shares of Johnson Controls International from $72.00 to $78.00 and gave the company a “neutral” rating in a research report on Thursday, August 1st. Finally, Barclays raised their target price on shares of Johnson Controls International from $62.00 to $64.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 2nd. Eleven investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $73.43.

Insider Buying and Selling

In other Johnson Controls International news, COO Nathan D. Manning sold 3,000 shares of the stock in a transaction on 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 directly owns 140,488 shares in the company, valued at $10,828,815.04. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, COO Nathan D. Manning sold 3,000 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total value of $231,240.00. Following the completion of the transaction, the chief operating officer now owns 140,488 shares in the company, valued at approximately $10,828,815.04. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Nathan D. Manning sold 1,167 shares of the business’s stock in a transaction on 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 transaction, the chief operating officer now directly owns 103,866 shares in the company, valued at approximately $7,344,364.86. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 227,494 shares of company stock worth $16,999,239 in the last 90 days. 0.69% of the stock is owned by company insiders.

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.