Register Financial Advisors LLC Purchases Shares of 798 Johnson Controls International plc (NYSE:JCI)

Register Financial Advisors LLC acquired a new stake in shares of Johnson Controls International plc (NYSE:JCI) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 798 shares of the company’s stock, valued at approximately $52,000.

A number of other hedge funds have also made changes to their positions in the stock. Optimum Investment Advisors increased its stake in shares of Johnson Controls International by 17.5% during the fourth quarter. Optimum Investment Advisors now owns 1,175 shares of the company’s stock valued at $68,000 after acquiring an additional 175 shares during the period. Raleigh Capital Management Inc. increased its stake in shares of Johnson Controls International by 3.9% during the third quarter. Raleigh Capital Management Inc. now owns 4,767 shares of the company’s stock valued at $254,000 after acquiring an additional 179 shares during the period. BSW Wealth Partners increased its stake in shares of Johnson Controls International by 4.3% during the fourth quarter. BSW Wealth Partners now owns 4,494 shares of the company’s stock valued at $259,000 after acquiring an additional 185 shares during the period. HCR Wealth Advisors increased its stake in shares of Johnson Controls International by 1.2% during the fourth quarter. HCR Wealth Advisors now owns 16,225 shares of the company’s stock valued at $935,000 after acquiring an additional 185 shares during the period. Finally, West Paces Advisors Inc. increased its stake in shares of Johnson Controls International by 34.5% during the fourth quarter. West Paces Advisors Inc. now owns 788 shares of the company’s stock valued at $45,000 after acquiring an additional 202 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Oppenheimer raised their target price on shares of Johnson Controls International from $70.00 to $76.00 and gave the stock an “outperform” rating in a report on Thursday. Citigroup raised their target price on shares of Johnson Controls International from $59.00 to $68.00 and gave the stock a “neutral” rating in a report on Monday, April 8th. Wells Fargo & Company raised their target price on shares of Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. UBS Group cut shares of Johnson Controls International from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $74.00 to $68.00 in a report on Monday, May 6th. Finally, Barclays raised their target price on shares of Johnson Controls International from $59.00 to $62.00 and gave the stock an “equal weight” rating in a report on Friday, June 21st. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $63.82.

Johnson Controls International Trading Down 0.9 %

Johnson Controls International stock opened at $66.42 on Friday. The company has a 50 day moving average price of $68.24 and a 200 day moving average price of $62.14. Johnson Controls International plc has a 52 week low of $47.90 and a 52 week high of $74.23. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.65 and a current ratio of 0.87. The firm has a market capitalization of $44.75 billion, a price-to-earnings ratio of 26.89, a P/E/G ratio of 1.72 and a beta of 1.29.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Wednesday, May 1st. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.03. The company had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.51 billion. Johnson Controls International had a net margin of 6.32% and a return on equity of 13.21%. The company’s revenue for the quarter was down 6.1% on a year-over-year basis. During the same quarter last year, the business posted $0.75 EPS. Research analysts forecast that Johnson Controls International plc will post 3.59 EPS for the current year.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 19th. Shareholders of record on Monday, June 24th will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date is Monday, June 24th. Johnson Controls International’s dividend payout ratio (DPR) is currently 59.92%.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, COO Nathan D. Manning sold 3,000 shares of Johnson Controls International stock in a transaction on Monday, May 6th. The shares were sold at an average price of $62.86, for a total transaction of $188,580.00. Following the completion of the sale, the chief operating officer now owns 106,891 shares of the company’s stock, valued at approximately $6,719,168.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, Director Juergen Tinggren sold 4,000 shares of the firm’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $62.31, for a total transaction of $249,240.00. Following the transaction, the director now owns 30,120 shares in the company, valued at approximately $1,876,777.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Nathan D. Manning sold 3,000 shares of the firm’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $62.86, for a total transaction of $188,580.00. Following the transaction, the chief operating officer now owns 106,891 shares in the company, valued at approximately $6,719,168.26. The disclosure for this sale can be found here. Insiders sold 16,900 shares of company stock valued at $1,085,145 in the last quarter. Company insiders own 0.69% of the company’s stock.

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.