Johnson Controls International plc $JCI Position Trimmed by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC decreased its position in Johnson Controls International plc (NYSE:JCI) by 1.2% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 7,736 shares of the company’s stock after selling 97 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in Johnson Controls International were worth $820,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JCI. Brighton Jones LLC acquired a new position in Johnson Controls International in the 4th quarter worth approximately $222,000. Spire Wealth Management boosted its stake in Johnson Controls International by 62.7% in the 1st quarter. Spire Wealth Management now owns 859 shares of the company’s stock worth $69,000 after purchasing an additional 331 shares during the period. Diversified Trust Co boosted its stake in Johnson Controls International by 6.3% in the 1st quarter. Diversified Trust Co now owns 2,901 shares of the company’s stock worth $232,000 after purchasing an additional 173 shares during the period. Koshinski Asset Management Inc. boosted its stake in Johnson Controls International by 13.8% in the 1st quarter. Koshinski Asset Management Inc. now owns 3,503 shares of the company’s stock worth $281,000 after purchasing an additional 424 shares during the period. Finally, Alta Advisers Ltd acquired a new position in Johnson Controls International in the 1st quarter worth approximately $278,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Stock Up 0.9%

JCI stock opened at $113.24 on Thursday. The company has a current ratio of 0.96, a quick ratio of 0.81 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a 1 year low of $68.03 and a 1 year high of $114.60. The company has a fifty day simple moving average of $108.30 and a 200 day simple moving average of $102.44. The firm has a market cap of $74.10 billion, a PE ratio of 33.60, a PEG ratio of 1.68 and a beta of 1.33.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Tuesday, July 29th. The company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.06. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. The business had revenue of $6.05 billion during the quarter, compared to analyst estimates of $5.99 billion. Sell-side analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Monday, September 22nd were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, September 22nd. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s dividend payout ratio (DPR) is presently 47.48%.

Insider Buying and Selling at Johnson Controls International

In related news, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total value of $149,395.32. Following the completion of the sale, the vice president owned 139,459 shares of the company’s stock, valued at approximately $14,651,562.54. The trade was a 1.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Daniel C. Mcconeghy sold 5,917 shares of Johnson Controls International stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total transaction of $625,604.41. Following the completion of the sale, the vice president directly owned 25,005 shares of the company’s stock, valued at approximately $2,643,778.65. The trade was a 19.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 8,761 shares of company stock valued at $922,447. 0.54% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms recently commented on JCI. Jefferies Financial Group reaffirmed a “hold” rating and issued a $120.00 price objective on shares of Johnson Controls International in a research note on Thursday, July 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Johnson Controls International in a research note on Wednesday, October 8th. The Goldman Sachs Group lifted their target price on shares of Johnson Controls International from $119.00 to $124.00 and gave the company a “buy” rating in a research note on Monday, September 15th. JPMorgan Chase & Co. lifted their target price on shares of Johnson Controls International from $105.00 to $125.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Finally, Robert W. Baird lifted their target price on shares of Johnson Controls International from $110.00 to $115.00 and gave the company a “neutral” rating in a research note on Tuesday, October 14th. Ten investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $113.41.

Johnson Controls International 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.