Harbor Investment Advisory LLC Has $127,000 Stock Holdings in Johnson Controls International plc (NYSE:JCI)

Harbor Investment Advisory LLC trimmed its stake in Johnson Controls International plc (NYSE:JCI) by 8.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,608 shares of the company’s stock after selling 150 shares during the quarter. Harbor Investment Advisory LLC’s holdings in Johnson Controls International were worth $127,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. State Street Corp lifted its stake in shares of Johnson Controls International by 1.1% in the third quarter. State Street Corp now owns 27,939,766 shares of the company’s stock valued at $2,178,595,000 after buying an additional 300,712 shares in the last quarter. Fisher Asset Management LLC lifted its stake in shares of Johnson Controls International by 3.4% in the third quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock valued at $1,187,084,000 after buying an additional 509,293 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Johnson Controls International by 0.5% in the third quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company’s stock valued at $1,041,822,000 after buying an additional 71,493 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Johnson Controls International by 514.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock valued at $418,439,000 after buying an additional 4,514,792 shares in the last quarter. Finally, Raymond James & Associates lifted its stake in shares of Johnson Controls International by 5.6% in the third quarter. Raymond James & Associates now owns 4,735,147 shares of the company’s stock valued at $367,495,000 after buying an additional 249,405 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Royal Bank of Canada raised their price objective on shares of Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a research note on Thursday, November 7th. Wells Fargo & Company dropped their price objective on shares of Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Mizuho raised their price target on shares of Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a research report on Thursday, October 17th. Bank of America raised their price target on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a research report on Friday, September 27th. Finally, Robert W. Baird raised their price target on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Ten analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, Johnson Controls International currently has an average rating of “Hold” and a consensus target price of $82.53.

Johnson Controls International Price Performance

JCI opened at $82.13 on Thursday. The company has a market capitalization of $54.38 billion, a price-to-earnings ratio of 32.33, a PEG ratio of 2.32 and a beta of 1.32. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. The firm has a 50-day moving average price of $81.80 and a 200-day moving average price of $76.03. Johnson Controls International plc has a twelve month low of $52.02 and a twelve month high of $87.16.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were paid a $0.37 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 annualized dividend and a dividend yield of 1.80%. Johnson Controls International’s payout ratio is 58.27%.

Insider Transactions at Johnson Controls International

In related news, CEO George Oliver sold 110,616 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $84.60, for a total transaction of $9,358,113.60. Following the completion of the transaction, the chief executive officer now owns 1,244,617 shares of the company’s stock, valued at approximately $105,294,598.20. The trade was a 8.16 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Marlon Sullivan sold 7,230 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total transaction of $602,620.50. Following the transaction, 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 disclosure for this sale can be found here. Insiders sold 647,787 shares of company stock worth $53,972,452 over the last quarter. Corporate 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.