Johnson Controls International plc (NYSE:JCI) Shares Sold by Beese Fulmer Investment Management Inc.

Beese Fulmer Investment Management Inc. trimmed its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 2.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,149 shares of the company’s stock after selling 263 shares during the period. Beese Fulmer Investment Management Inc.’s holdings in Johnson Controls International were worth $880,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Czech National Bank boosted its position in Johnson Controls International by 6.0% during the 3rd quarter. Czech National Bank now owns 136,081 shares of the company’s stock worth $10,561,000 after purchasing an additional 7,723 shares during the period. Mather Group LLC. boosted its position in shares of Johnson Controls International by 30.1% in the third quarter. Mather Group LLC. now owns 2,241 shares of the company’s stock worth $174,000 after buying an additional 518 shares during the period. Atomi Financial Group Inc. grew its stake in shares of Johnson Controls International by 8.4% in the third quarter. Atomi Financial Group Inc. now owns 6,178 shares of the company’s stock valued at $479,000 after buying an additional 481 shares in the last quarter. Daymark Wealth Partners LLC raised its holdings in shares of Johnson Controls International by 24.4% during the 3rd quarter. Daymark Wealth Partners LLC now owns 23,335 shares of the company’s stock valued at $1,811,000 after buying an additional 4,576 shares during the period. Finally, CWM LLC lifted its position in Johnson Controls International by 1.7% during the 3rd quarter. CWM LLC now owns 26,942 shares of the company’s stock worth $2,091,000 after acquiring an additional 451 shares in the last quarter. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Johnson Controls International Trading Up 2.4 %

Shares of NYSE:JCI opened at $88.09 on Friday. The stock has a market capitalization of $58.15 billion, a price-to-earnings ratio of 34.68, a PEG ratio of 2.24 and a beta of 1.32. Johnson Controls International plc has a 1-year low of $53.34 and a 1-year high of $88.90. The company has a 50 day moving average price of $80.77 and a 200 day moving average price of $76.76. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.05. Johnson Controls International had a return on equity of 14.51% and a net margin of 6.49%. On average, research analysts anticipate that Johnson Controls International plc will post 3.45 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 annualized dividend and a yield of 1.68%. Johnson Controls International’s payout ratio is presently 58.27%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Citigroup lowered their price objective on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research report on Monday, January 13th. Mizuho boosted their price objective on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. Robert W. Baird raised their target price on Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. UBS Group assumed coverage on Johnson Controls International in a research note on Wednesday, November 13th. They issued a “neutral” rating and a $90.00 price target on the stock. Finally, Melius lowered Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price objective for the company. in a research note on Tuesday, January 28th. Nine analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $90.27.

Insider Buying and Selling at Johnson Controls International

In related news, EVP Marlon Sullivan sold 7,230 shares of the stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total value of $602,620.50. Following the completion of the sale, the executive vice president now directly owns 32,246 shares of the company’s stock, valued at approximately $2,687,704.10. This represents a 18.31 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO George Oliver sold 224,152 shares of Johnson Controls International stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $82.72, for a total value of $18,541,853.44. Following the transaction, the chief executive officer now directly owns 1,166,992 shares in the company, valued at approximately $96,533,578.24. This trade represents a 16.11 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 649,208 shares of company stock valued at $54,081,073. 0.54% of the stock is currently owned by corporate insiders.

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.