Fulton Bank N.A. Sells 212 Shares of Johnson Controls International plc (NYSE:JCI)

Fulton Bank N.A. reduced its stake in Johnson Controls International plc (NYSE:JCIFree Report) by 2.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,035 shares of the company’s stock after selling 212 shares during the quarter. Fulton Bank N.A.’s holdings in Johnson Controls International were worth $655,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Optimum Investment Advisors raised its holdings in Johnson Controls International by 17.5% in the 4th 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. raised its holdings in Johnson Controls International by 3.9% in the 3rd 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 raised its holdings in Johnson Controls International by 4.3% in the 4th 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 raised its holdings in Johnson Controls International by 1.2% in the 4th 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, Mutual Advisors LLC increased its holdings in shares of Johnson Controls International by 0.4% during the third quarter. Mutual Advisors LLC now owns 46,147 shares of the company’s stock worth $2,455,000 after purchasing an additional 199 shares during the period. 90.05% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently commented on JCI. 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. Barclays lowered their target price on shares of Johnson Controls International from $61.00 to $59.00 and set an “equal weight” rating on the stock in a report on Thursday, May 2nd. Oppenheimer lowered their target price on shares of Johnson Controls International from $71.00 to $70.00 and set an “outperform” rating on the stock in a report on Thursday, May 2nd. 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. Finally, UBS Group cut shares of Johnson Controls International from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $74.00 to $68.00 in a report on Monday, May 6th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Johnson Controls International presently has an average rating of “Hold” and an average price target of $63.00.

Get Our Latest Stock Analysis on Johnson Controls International

Johnson Controls International Price Performance

NYSE:JCI traded down $0.91 during mid-day trading on Thursday, reaching $68.19. The stock had a trading volume of 4,163,828 shares, compared to its average volume of 5,560,558. Johnson Controls International plc has a 12 month low of $47.90 and a 12 month high of $74.23. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.87 and a quick ratio of 0.65. The stock has a market capitalization of $45.94 billion, a PE ratio of 27.61, a P/E/G ratio of 1.78 and a beta of 1.29. The stock has a 50-day simple moving average of $67.86 and a two-hundred day simple moving average of $61.64.

Johnson Controls International (NYSE:JCIGet Free Report) last issued its earnings results on Wednesday, May 1st. The company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.03. Johnson Controls International had a net margin of 6.32% and a return on equity of 13.21%. The firm had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.51 billion. During the same quarter last year, the business posted $0.75 earnings per share. The company’s quarterly revenue was down 6.1% on a year-over-year basis. On average, equities analysts anticipate that Johnson Controls International plc will post 3.59 earnings per share 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 given a $0.37 dividend. The ex-dividend date is Monday, June 24th. This represents a $1.48 dividend on an annualized basis and a yield of 2.17%. Johnson Controls International’s dividend payout ratio 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 the firm’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $62.86, for a total value of $188,580.00. Following the sale, the chief operating officer now owns 106,891 shares in the company, valued at $6,719,168.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other 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 transaction, the chief operating officer now owns 106,891 shares in the company, valued at $6,719,168.26. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Daniel C. Mcconeghy sold 9,342 shares of Johnson Controls International stock in a transaction on Friday, May 10th. The stock was sold at an average price of $65.50, for a total transaction of $611,901.00. Following the transaction, the vice president now owns 25,378 shares in the company, valued at approximately $1,662,259. The disclosure for this sale can be found here. Insiders have sold 16,900 shares of company stock worth $1,085,145 over the last quarter. Corporate insiders own 0.69% of the company’s stock.

Johnson Controls International Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Johnson Controls International (NYSE:JCI)

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